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FTX Debtors Challenge IRS Over Whopping $24 Billion Tax Claim


Source: Adobe / Александр Поташев Debtors of FTX have raised concerns over the Internal Revenue Service’s (IRS) claim of $24 billion in taxes, warning that it could impede the return of customer funds.  In a filing submitted on Sunday, the debtors argued that their earnings were nowhere near...

Nonco Raises over $10 Million in Seed Funding


Digital asset brokerage firm, Nonco, has raised over $10 million in seed funding, according to a new statement from the company. “The leading brokerage firm for digital assets” “Our aim is to become the leading brokerage firm for digital assets, and we intend to achieve this by establishing a...

FTX Ad Hoc Committee Prepares Amended Reorganization Plans Set for December


Source: Adobe The FTX 2.0 customer ad hoc committee of the now-defunct crypto exchange has received a response to the letter sent to its official arm. In a letter dated December 4, 2023, the Official Committee of Unsecured Creditors (UCC), overseeing the bankruptcy of the FTX exchange, acknowledged...

Jack Dorsey Leads $6.2 Million Seed Funding for OCEAN Bitcoin Mining Pool


Mummolin launches decentralized bitcoin mining pool Ocean with backing from Jack Dorsey. Image by yuromanovich, Adobe Stock. Mummolin, a Bitcoin startup, has raised $6.2 million in seed funding to support the launch of Ocean, a new decentralized bitcoin mining pool. The funding round was led...

Meme Coin Goes Green: How One Crypto Project is Saving the Planet


Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Cryptocurrency presales allow early adopters to purchase tokens at exclusive discounted rates. One such purpose-driven crypto project, Chimpzee, is currently in the midst of a successful presale...

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