Court Filing Shows FTX 2.0 Reboot Plan in Progress
The new CEO of the insolvent cryptocurrency exchange FTX, John Ray III, is working on a reboot plan to relaunch the failed crypto exchange as FTX 2.0, according to the most recent court filings. A May 22nd court filing reveals that the FTX team detailed Ray’s contributions to the Chapter 11 bankruptcy in a compensation […]
Gemini Considers Forbearance Following DCG’s Delay in Payment
Crypto exchange Gemini is considering forbearance against its debtor Digital Currency Group (DCG) after the latter defaulted on a $630M debt payment. Gemini is contemplating a forbearance option against Digital Currency Group (DCG), which missed a $630 million repayment payment last week. When a lender grants forbearance, the consumer can temporarily reduce or suspend mortgage […]
Hotbit Exchange Shuts Down Operations
Hotbit cryptocurrency exchange announced on May 22 that it would cease operations. The exchange has requested that all its users withdraw their funds before June 21, 2023. The exchange stated in an announcement that its operating conditions have deteriorated since a former team member was investigated in August 2022. According to the exchange, the investigation […]
How to Use Technical Analysis to Improve Your Crypto Trading
Unlocking the potential of crypto trading requires a strategic approach, and technical analysis is a powerful tool in your arsenal. This guide will let you know how to use technical analysis to improve your crypto trading. What is Technical Analysis? Technical analysis involves analyzing historical price and volume data to predict future market movements. It […]
KuCoin Token (KCS) and Its Role in the KuCoin Lending Platform
KuCoin Token (KCS) is a cryptocurrency developed by KuCoin Exchange, an online platform for trading cryptocurrencies. The exchange was launched in September 2017 and has since grown to become one of the largest exchanges in the world. The KuCoin Token is used on the KuCoin exchange to pay for trading fees and as a reward […]