Backpack, a crypto trading platform with roots in the crypto industry’s former giants, has made significant strides by acquiring the European operations of FTX. This strategic acquisition, worth $32.7 million, positions Backpack to expand its derivatives offerings within the European…
Search Results For: ftx
Did Atkins Criticize US Rules for the FTX Crypto Collapse?
Paul Atkins, selected to lead the Securities and Exchange Commission (SEC) under former President Donald Trump, has become a central figure in discussions surrounding cryptocurrency regulation. With extensive experience in financial oversight and deep connections to the crypto industry, Atkins…
FTX Bankruptcy Approved to Repay Customers After Platform Collapse
The collapse of FTX marked one of the most significant financial events in the cryptocurrency sector, creating shockwaves across the global financial markets. Customers, investors, and creditors were left in a lurch, as billions of dollars worth of assets were…
Galois Capital fined by SEC for improper asset handling with FTX
Galois Capital Management, a crypto investment firm, has been in the spotlight recently due to its entanglement with the Securities and Exchange Commission (SEC). The firm is facing a significant $225,000 fine after the SEC alleged that it violated crucial…
FTX Customers to Vote on Billion Dollar Repayment Plan
FTX, once a titan in the cryptocurrency exchange world, now faces a pivotal moment in its bankruptcy saga. The next few weeks will be crucial for the customers of the failed exchange as they vote on a compensation plan designed…
FTX Announces Nearly Complete Fund Recovery for Customers Following Collapse
In a stunning turn of events, FTX, the cryptocurrency exchange that experienced a notorious collapse, has announced that nearly all of its former customers will be able to recover almost 100% of the funds they lost during the tumultuous period.…
Pantera Capital Acquires More Solana Tokens in Latest FTX Bankruptcy Sale
In a recent development, Pantera Capital, a prominent cryptocurrency investment firm, has successfully secured a significant number of discounted Solana (SOL) tokens in an auction conducted by the administrators overseeing the bankruptcy proceedings of the former FTX cryptocurrency exchange. This…
FTX Plans Solana Token Auction with Industry Giants Ready to Bid
The bankruptcy estate of the failed FTX cryptocurrency exchange has announced plans to auction off an undisclosed amount of Solana (SOL) tokens this week. This auction, conducted through a “blind auction” process, is expected to attract significant attention from potential…
FTX Sells Solana Tokens at a Massive Discount in Bankruptcy Move, Drawing Industry Interest
In a notable development within the cryptocurrency landscape, FTX’s bankruptcy administrators have garnered significant attention with their recent sale of a considerable portion of Solana (SOL) tokens at a considerable markdown. This transaction, featuring prominent industry players like Galaxy Trading…
Grayscale’s Sell-Off and FTX’s Impact Balanced by Positive Fund Flows and Fidelity’s Growth
Recent developments in the cryptocurrency market have sparked intense interest, particularly concerning the activities of Grayscale, a leading digital currency asset manager. In an unexpected move, Grayscale has significantly reduced its Bitcoin holdings, initiating a wave of reactions across the…
StilachiRAT Malware affects crypto wallets via Chrome add-ons – Microsoft
A newly uncovered remote access trojan (RAT) named StilachiRAT is posing a serious threat to…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
