Author: Cointelegraph By Ezra Reguerra

Bitcoin Investing Made Simple!

FTX says creditors supported reorganization plan with a 95% vote

FTX chief restructuring officer and CEO John Ray III said the plan promises 100% return plus interest for non-governmental creditors. Source link

$24M CryptoPunk NFT quietly sold, Trump earned over $7M from NFTs: Nifty Newsletter

The most expensive CryptoPunk ever purchased was transferred for an undisclosed amount on Aug. 19, causing speculation about its sale price. Source link

South Korean crypto exchange employees out-earn staff at major banks

Dunamu’s consolidated sales in the first quarter of 2024 reached $400 million, showing a 60.5% increase.  Source link

Bitdeer to expand operations with $150M convertible notes offering

Bitdeer Technologies Group’s stock price dropped to $6.33 after it announced a senior convertible notes offering.  Source link

Dubai court recognizes crypto as a valid salary payment

UAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions. Source link

Marathon Digital stamps ‘Made in USA’ on Bitcoin blocks mined

The stunt follows former President Donald Trump’s statement that he wants all the remaining Bitcoin to be “Made in USA.” Source link

Cumberland buys the dip? Trading firm deposits $95M to exchanges

Lookonchain said that Cumberland has already injected nearly $6.28 billion into the crypto markets since October 2023. Source link

Bitfarms monthly Bitcoin earnings up 34% amid increased hashrate

Bitfarms CEO Ben Gagnon said that the company earned 62% more Bitcoin since the Bitcoin halving event in April. Source link

SEC backs down on claiming SOL, ADA, MATIC and other tokens are securities in Binance suit

The SEC has retracted its request for a court ruling to classify tokens such as Solana, Cardano, Polygon and others as securities. Source link

Crypto has more potential than stocks, real estate — Kraken survey

Over 70% of survey respondents prefer coins like Bitcoin, while the rest indicated an interest in emerging coins and memecoins. Source link