Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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May / 12
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- 5 Best Cheap Crypto to Buy Now Under 1 Dollar May 11 – Ethena, Tron, Ankr, Pepe
- May 12, 2024 at 03:49 am TheBitTimes
- Yesterday, President Joseph Biden revived a little-known rule proposed by the U.S. Securities and Exchange Commission (SEC) that is disliked by vast n...
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May / 08
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- BAnkrupt Crypto Exchange FTX Lines Up $16 Billion To Repay Creditors
- May 08, 2024 at 09:04 pm Bitcoinist
- Bankrupt cryptocurrency exchange FTX unveils a comprehensive reimbursement plan, aiming to repay creditors and customers in full, with a potential compensation of billions. The plan involves distributing 98% of its customers' claims and leveraging assets worth $14.5-$16.3 billion to facilitate payments. FTX outlines a detailed repayment strategy, including a subordination arrangement for governmental creditors and a "convenience class" for smaller creditors. Key settlements, such as the resolution of IRS claims and agreements with the CFTC, are disclosed within the plan. The amended repayment strategy requires Bankruptcy Court approval, with creditors expected to receive 118% of their allowed claims within 60 days of its effective date.
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Aug / 16
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- Will WhiteBit Explore BAnkruptcy? Signs Point to This Possibility
- Aug 16, 2023 at 10:00 pm U_Today
- There are signs of a possible bankruptcy in WhiteBit Exchange, as reported by Protos. The exchange, connected to Huobi and Justin Sun, is enticing users with a lucrative 24% APY for depositing USDT for a year. However, this report suggests that such a reward scheme may be explored to cover up liquidity issues. The connection between WhiteBit and Huobi is evident through frequent fund transfers and the consistent rewards tied to Justin Sun's stablecoins.
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