FTX

FTX Creditor Repayments Within Two Years Deemed “Win” by Trader Who Predicted Collapse

Crypto analyst who predicted FTX's downfall views the two-year timeline for creditor repayments as unexpectedly swift given the complexity of the case.Under FTX's recovery...

FTX Bankruptcy Estate Begins Long-Awaited Repayments to Investors

FTX bankruptcy repayments have commenced, marking a turning point in crypto market sentiment. Bitcoin's $100,000 price level and increased institutional adoption signal mainstream acceptance. Recent incidents...

Jailed FTX Founder SBF Shifts Political Stance, Seeks Trump Pardon While Serving 25-Year Sentence

Former FTX CEO shifts political alignment toward conservatives while serving 25-year sentence, potentially seeking presidential pardon. Bankman-Fried expresses disappointment with Biden administration and judicial system...

FTX Begins Paying Small Creditors with 9% Interest Since 2022 Collapse

FTX creditors with claims under $50,000 are receiving payments plus 9% annual interest since November 2022. Distributions are being processed through cryptocurrency exchanges Kraken and...

AI-Powered Scammer Steals Millions in FTX Claims Using Deepfake Video Calls

AI-powered shapeshifting scammer allegedly defrauded multiple companies of $5.6 million through fake FTX liquidation claims. Fraudster utilized face-swapping technology during video calls to impersonate legitimate...

FTX Set to Begin $50,000-Cap Repayments as Restructuring Plan Takes Hold

FTX bankruptcy reorganization plan activated on January 3, 2024, initiating user fund repayments. Users with claims under $50,000 may receive compensation within 60 days. Official claims...

Tether’s Market Cap Sees Steepest Weekly Drop Since FTX Crash Amid EU Regulatory Pressure

Tether's USDT market value decreased by over 1% to $137.24 billion, marking the largest weekly decline since November 2022. European Union exchanges and Coinbase removed...

FTX Token Surges 40% Before Pudgy Penguins’ PENGU Allocation News

Pudgy Penguins allocates 0.35% of PENGU tokens to FTX's FTT token holders. PENGU's total supply is 88 billion tokens with 17.8% for team, 25.9% for...

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Gate Launches Ethereum-Compatible Layer 2, Revamps GT Token

Gate has introduced Gate Layer, a new Layer 2 blockchain to raise transaction speeds and lower fees. Gate Layer is...

FalconX Launches First Forward Rate Contracts for Ethereum Staking

FalconX completed the first forward rate agreements based on the Treehouse Ethereum Staking Rate. The new products allow institutional investors...

Oracle to Operate TikTok US Algorithm as Takeover Deal Nears Completion

A potential agreement is nearing that would move control of TikTok’s U.S. operations to an American-led group.Oracle Corp (ORCL)...

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