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Author: Tunbosun Oyinloye

Chain Reorg Explained: An Introduction to Chain Reorganisation in Blockchain Technology

A chain reorg typically occurs when two nodes independently mine a new block simultaneously, mostly due to a congested network.

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Author: Tunbosun Oyinloye

What Happens If A Crypto Exchange Declares Bankruptcy?

Unlike traditional financial institutions, crypto firms have very few assets to fall back on in the event of a liquidation.

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Author: Crypto Breaking News

FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust

In the midst of the bankruptcy proceedings, FTX presented its primary reorganization strategy and term sheet to the U.S. bankruptcy court, detailing an ambitious plan to reinvent FTX as an “offshore crypto exchange” while also founding a new limited liability trust. At this time, the proposed FTX reorganization plan is targeting a comprehensive settlement between [...]

The post FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust appeared first on Crypto Breaking News.

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