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FTX reaches $228 million settlement with Bybit amid bankruptcy efforts

FTX has reached a $228 million settlement with crypto exchange Bybit and its affiliates, concluding a lawsuit filed in Nov. 2023 that sought to recover approximately $1 billion in assets. The agreement allows FTX to withdraw $175 million in digital assets held on Bybit’s platform and sell about $53 million in BIT tokens to Mirana […] The post FTX reaches $228 million settlement with Bybit amid bankruptcy efforts appeared first on CryptoSlate. дальше »

2024-10-29 14:30


Gensler Called ‘Worst Public Servant’ In Scathing Remarks By Ripple Co-Founder

The word war between Ripple Labs’ key people and the Securities and Exchange Commission (SEC) continues. Related Reading: Fake Bitcoin ETF Post Lands Man Plea Deal In SEC Hack Case In the latest twist in the Ripple v SEC saga, Ripple’s co-founder, Chris Larsen, offered a stinging comment of SEC Chair Gary Gensler, saying that […] дальше »

2024-10-28 05:00


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WazirX reveals 40% customer assets held on third-party exchanges amid transparency push

Indian crypto exchange WazirX has disclosed its proof-of-reserves (PoR) report, showing that over 40% of customer assets are stored on third-party exchanges, according to an Oct. 25 statement. The exchange said its PoR dashboard aims to promote transparency by enabling independent verification of its wallet addresses, which include the precise holdings for each asset. дальше »

2024-10-26 21:37


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MEXC’s initial listing sees 2,471% peak surge as GOAT surpasses $800M market cap

On October 25th, Binance and OKX exchanges announced the launch of GOAT futures trading, causing a price surge that fueled market excitement. Notably, MEXC was the first exchange to offer GOAT spot trading on October 13th, followed by futures trading on October 17th, complete with a series of futures trading events to drive user engagement […] дальше »

2024-10-25 13:49


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Chainlink Comeback Soon? Data Shows LINK Continues To Leave Exchanges

On-chain data shows Chainlink has continued to observe negative exchange netflows recently, a sign that could be bullish for LINK’s value. Chainlink Exchange Netflows Have Been Negative For Almost A Month In a new post on X, the market intelligence platform IntoTheBlock has discussed about the latest trend in the exchange netflow of Chainlink. The […] дальше »

2024-10-25 10:00


Ripple Files Civil Appeal Pre-Argument Statement Against SEC: Key Takeaways

On Thursday, October 24, Ripple Labs filed the Civil Appeal Pre-Argument Statement, known as Form C, in its case with the US Securities and Exchange Commission (SEC). This document outlines the critical issues the company intends to present on appeal, each subject to a de novo standard of review, meaning the appellate court will re-examine […] дальше »

2024-10-25 09:10


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BingX Fully Restores Operational Capacity And Unveils “ShieldX” for Enhanced Security

After a recent hot wallet problem, BingX, a well-known cryptocurrency exchange worldwide, has fully recovered its operating capacity, allowing for normal deposits and withdrawals. In response to the incident, BingX is launching a new “ShieldX” initiative, a comprehensive plan to improve the platform’s security infrastructure. дальше »

2024-10-25 22:24


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Crypto exchange Kraken plans to launch its own blockchain network in 2025

Kraken, one of the world’s leading cryptocurrency exchanges, has announced its plans to launch its own blockchain network, dubbed “Ink,” by early 2025. The San Francisco-based company is positioning this new initiative as a solution to make decentralized finance (DeFi) more accessible to both retail and institutional users. The move comes as part of a […] дальше »

2024-10-24 19:14


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Kraken eyes DeFi expansion with launch of Ink, its new Ethereum layer-2 network

Crypto exchange Kraken announced the upcoming launch of Ink, an Ethereum layer-2 network based on the Optimism Superchain, in an Oct. 24 statement. Ink aims to empower users to trade, borrow, and lend tokens without the need for intermediaries, marking a significant shift from Kraken’s current centralized exchange model. дальше »

2024-10-24 18:42