$500,000 Bitcoin Fee from Paxos, FTX Token Sales Begin and Other News: Hodler's Digest, September 10-16
High Stories This Week Paxos confirmed It is responsible For paid A $500,000 Bitcoin transaction costs
THE Bitcoin minor WHO Since blockchain Infrastructure farm Paxos has income THE funds following Paxos claim that he do A error In paid on $500,000 In transfer costs. On Seven. ten, Paxos paid THE six digits costs has move $2,000, with THE average network costs typically be around $2. THE business later recognized THE error, confirming THE transfer came Since It is waiters. Almost A day After Paxos complaints, THE Bitcoin minor WHO received THE funds went on X (Previously Twitter) has After All right has refund THE Rising has Paxos. THE funds were income on Seven. 15.
Court approved sale of FTX digital assetsA bankruptcy court In weekly batches through A investment advise And below pre-established guidelines. THE sale do not include Bitcoin, Ether And "certain affiliated with an insider tokens”, which can be sold through A separated decision by FTX After ten days' notice. FTX sales are not expected has to have A heavy impact on markets. According to has A recent shareholder update, THE bankruptcy exchange has $833 million value of Bitcoin And Ether. A total of $3.4 billion East detained In Digital Assets A — THE high ten assets THE business is holding — which include Solana, Bitcoin, Ether, Aptos And others.
Gemini Earn users could to recover all funds In new DCG remuneration schemeDigital Currency Band For THE creditors of THE now bankrupt Genesis Global. THE plan estimates not guaranteed creditors will receive "A 70-90% recovery with A significant portion of THE recovery In digital currencies. » In addition, THE remuneration plan said THE recovery of complaints For Gemini Earn users would be be projected has "approximately 95-110%” without any of them contribution Since Gemini. According to has THE deposit: "If Gemini were has accept has provide $100 million has Gemini Earn users below THE Propose Agreement, as he previously did, there would be be little doubt Gemini Earn users would be receive more that complete recovery. »
Franklin Templeton files For place Bitcoin ETFsActive director Franklin Templeton has launch A place Bitcoin exchange traded funds (ETF). According to has THE application, THE funds would be be structure as A trust. Coinbase would be jail THE BTC, And THE Bank of New York Melon would be be THE species guardian And administrator. Franklin Templeton has $1.5 thousand billion In assets below management And joined A long list of active managers waiting For regulatory approval. THE SECOND recently delayed the decisions on place ETFs apps Since Tree of wisdom, Valkyrie, Loyalty, VanEck, Bitwise And Invesco on August. 31.
Two more high executives leave Binance.US in the middle of layoffs, SECOND actionTHE Exodus of executives Since crypto exchange Binance , as has less three high employees LEFT Binance.US on THE pass little days. This weeks departures included THE Exchanges CEO, , next to legal head Krishna Juvvadi And chief risk officer Sydney Majalya. THE mass exit East believed has be related has THE in progress WE. investigation In Binance And Binance.US. THE SECOND for follow-up Binance.US, Binance And CEO Chang Peng Zhao In June For allegedly engaging In not registered securities operations And other irregularities. On August. 28, THE agency request has deposit sealed documents In THE case, fill up concerns about A criminal probe by THE WE. Department of Justice.
THE Bitcoin minor WHO Since blockchain Infrastructure farm Paxos has income THE funds following Paxos claim that he do A error In paid on $500,000 In transfer costs. On Seven. ten, Paxos paid THE six digits costs has move $2,000, with THE average network costs typically be around $2. THE business later recognized THE error, confirming THE transfer came Since It is waiters. Almost A day After Paxos complaints, THE Bitcoin minor WHO received THE funds went on X (Previously Twitter) has After All right has refund THE Rising has Paxos. THE funds were income on Seven. 15.
Court approved sale of FTX digital assetsA bankruptcy court In weekly batches through A investment advise And below pre-established guidelines. THE sale do not include Bitcoin, Ether And "certain affiliated with an insider tokens”, which can be sold through A separated decision by FTX After ten days' notice. FTX sales are not expected has to have A heavy impact on markets. According to has A recent shareholder update, THE bankruptcy exchange has $833 million value of Bitcoin And Ether. A total of $3.4 billion East detained In Digital Assets A — THE high ten assets THE business is holding — which include Solana, Bitcoin, Ether, Aptos And others.
Gemini Earn users could to recover all funds In new DCG remuneration schemeDigital Currency Band For THE creditors of THE now bankrupt Genesis Global. THE plan estimates not guaranteed creditors will receive "A 70-90% recovery with A significant portion of THE recovery In digital currencies. » In addition, THE remuneration plan said THE recovery of complaints For Gemini Earn users would be be projected has "approximately 95-110%” without any of them contribution Since Gemini. According to has THE deposit: "If Gemini were has accept has provide $100 million has Gemini Earn users below THE Propose Agreement, as he previously did, there would be be little doubt Gemini Earn users would be receive more that complete recovery. »
Franklin Templeton files For place Bitcoin ETFsActive director Franklin Templeton has launch A place Bitcoin exchange traded funds (ETF). According to has THE application, THE funds would be be structure as A trust. Coinbase would be jail THE BTC, And THE Bank of New York Melon would be be THE species guardian And administrator. Franklin Templeton has $1.5 thousand billion In assets below management And joined A long list of active managers waiting For regulatory approval. THE SECOND recently delayed the decisions on place ETFs apps Since Tree of wisdom, Valkyrie, Loyalty, VanEck, Bitwise And Invesco on August. 31.
Two more high executives leave Binance.US in the middle of layoffs, SECOND actionTHE Exodus of executives Since crypto exchange Binance , as has less three high employees LEFT Binance.US on THE pass little days. This weeks departures included THE Exchanges CEO, , next to legal head Krishna Juvvadi And chief risk officer Sydney Majalya. THE mass exit East believed has be related has THE in progress WE. investigation In Binance And Binance.US. THE SECOND for follow-up Binance.US, Binance And CEO Chang Peng Zhao In June For allegedly engaging In not registered securities operations And other irregularities. On August. 28, THE agency request has deposit sealed documents In THE case, fill up concerns about A criminal probe by THE WE. Department of Justice.
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