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…
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…
Larry David’s appearance in a cryptocurrency ad during the Super Bowl turns into a costly mistake
Larry David, the renowned comedian and creator of the hit HBO series Curb Your Enthusiasm, recently revealed that his appearance in a cryptocurrency advertisement during the 2022 Super Bowl turned out to be a costly mistake. In an interview with The…
Recap of Crypto 2023: Top 5 Events That Caused Massive Earthquake in The Crypto Industry In 2023
The year 2023 proved to be a rollercoaster journey for the crypto industry. A series of events transformed the space, influencing institutional investors. So, in the midst of the increase of Spot Bitcoin ETF applications and regulatory delays, there were…
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 cryptocurrency users by targeting their browser-based wallets and saved login credentials. Discovered by Microsoft Incident Response and detailed in a report published on March 17,…
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 transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
