#FTX News

ESMA Sets January Deadline To Align With MiCA Stablecoin Rules, Tether’s USDT Can Be Affected

99bitcoins.com In its latest announcement, the European Securities and Markets Authority (ESMA) issued a critical directive for crypto firms, specifically stablecoin issuers, operating…

If BTC Continues to Follow the 2017 Cycle, It Can Cross $1M by Year-End: Van Straten

coindesk.com The FTX collapse may seem like a distant memory, when bitcoin (BTC) fell to around $15,500 in November 2022. The sentiment during the period was extreme fear, and the…

Users Slam Coinbase Over Delayed Solana Transactions, Call for Proof of Reserves

beincrypto.com Coinbase, the largest US-based crypto exchange, is being criticized by users for significant delays in processing Solana (SOL) transactions. Users have reported waiting over…

Solana TVL Skyrockets Back Up Past $10B

bitcoinist.com After the $TRUMP and $MELANIA coins launched on the Solana blockchain this weekend, SOL is up 45.57 %, surpassing $10B TVL (Total Value Locked) for the first time since the…

Solana’s TVL Crosses $10B for First Time Since FTX Collapse After TRUMP Memecoin Launch

coindesk.com The "official" memecoin of incoming U.S. President Donald Trump has boosted interest in Solana (SOL), leading to a surge in both its price and trading volume, which in turn…

Solana DeFi hits $10 billion in TVL

ambcrypto.com Solana hits $10 billion in TVL, driven by protocol advancements and stablecoin liquidity • DeFi ecosystem saw rapid growth as Solana’s technology attracts retail and…

Top FTX Creditors’ Representative Shares Update on Countries Restricted from Repayments

thecryptobasic.com Sunil Kavuri, a major representative of one of FTX’s creditor groups, has shared a fresh update about countries restricted from the defunct exchange’s repayment. In a recent…

Taxes in 2025 on Bankless

bankless.com Crypto investors got some breathing room this week as the IRS pushed back its new tax reporting rules for brokers to . The delay gives centralized exchanges time to adapt to…

XRP hits 7-year peak amid bullish sentiment, FTX plans payouts: Finance Redefined

cointelegraph.com FTX’s $1.2 billion repayment is seen as a significant liquidity event for the industry that may bolster cryptocurrency valuations.

FTX Token Jumps 8%: Could $1.2B Creditor Repayments Drive FTT Price to $6?

coingape.com The struggling FTT token of the famous cryptocurrency exchange FTX is showing signs of recovery today before the $1.2B creditor repayment plan begins. This is the peak…

Solana ‘Bull Case’ Forecasts $6,636 Price Target By 2030, Crypto Firm Says

newsbtc.com A recent report by crypto index fund management firm Bitwise outlines varying price projections for Solana (SOL) based on its adoption and scalability improvements.…

Trump to make crypto a key national priority

cryptobriefing.com President-elect Donald Trump plans to issue an executive order prioritizing crypto as a key policy area, according to a Bloomberg report. The order could come as early as…

Top 3 Cryptocurrencies Close To Hitting New All-Time Highs

watcher.guru The cryptocurrency market is recovering after its recent dip. Most assets are trading in the green zone today. Bitcoin (BTC), the market leader, has reclaimed the $99,000…

Up Only

uponly.tv Cobie & Ledger talked to Zane Tackett, who directed institutional sales at FTX until just a couple days ago, and was working to help find solutions for the gap directly with…

Grayscale adds Solana, AI tokens to top 20 list

dlnews.com Crypto won’t just be about Bitcoin and Ethereum in 2025. That’s one of the takeaways from digital asset manager Grayscale’s latest quarterly roundup of high-upside tokens.…

The Onchain NFTs Cheat Sheet: A Collector's Guide on

bankless.com NFTs in the ecosystem are catching bids once more as bullish momentum has returned to crypto. Floor prices are rising, making notable overlooked pieces harder to acquire…

Bitfinex is Getting Back its $9 Billion in Bitcoin Stolen in the 2016 Hack

beincrypto.com A US federal court has ruled that 94,643 Bitcoin seized after the 2016 Bitfinex hack will be returned to the crypto exchange as part of voluntary restitution agreements…

How Should Bitcoiners View Quantum Computing?

bitcoinmagazine.com In the early 2020s, quantum computing hit the public spotlight as a potential threat to Bitcoin. Relying on SHA-256 cryptographic hash function for its proof-of-work network…

River study suggests over $1.5 billion in Bitcoin lost to self-custody

cryptoslate.com Bitcoin lost through self-custody surpasses the amount lost on exchanges, according to River’s analysis. The firm estimated that around 1.6 million Bitcoin (valued at over…

Chainalysis Says a Record $51B Crypto Was Spent in Illicit Activities in 2024

thedefiant.io Last year will prove to be a record for crypto crime, with as much as $51 billion in illicit activities, according to blockchain analytics firm Chainalysis’ annual 2025…

BitGo Names Former Citi and Standard Chartered Banker to Lead European Sales Push

financemagnates.com Digital asset infrastructure provider BitGo has elevated Brett Reeves to Head of European Sales while maintaining his existing role as Head of Go Network. His over two…

US Supreme Court Rejects Binance Petition to Avoid Class Action Lawsuit

cryptopotato.com The U.S. Supreme Court has rejected a petition from Binance and its founder, Changpeng Zhao. The two parties sought a review of a ruling that applies U.S. securities laws to…

TON Foundation targets US expansion under Trump

cryptobriefing.com TON Foundation has appointed Manuel Stotz as its new president as the blockchain platform sets its sights on the US market ahead of President-elect Donald Trump’s…

The Top Five Digital Asset Staking Pillars Institutions Can’t Ignore

blockworks.co Digital Asset staking has a problem. Major institutional players increasingly want to participate, but most of today’s staking providers aren’t regulatory or…

Warning Sign? Bitcoin Leverage Ratio Spikes On 4 Exchanges

bitcoinist.com On January 12, Maartunn, a community on-chain analyst at CryptoQuant, issued a significant cautionary note when he posted on X, Bitcoin “Estimated Leverage Ratio spikes on 4…

Binance hasn’t slowed since CZ

blockworks.co This is a segment from the Empire newsletter. To read full editions, subscribe. Binance has barely skipped a beat since CZ stepped down. And it’s not like the odds aren’t…

FTX Sets Deadline for Pre-Distribution Requirements, Payments Likely to Start on February

cryptonews.com Bankrupt crypto exchange FTX is preparing to distribute over $1.2 billion in repayments to its users who have been unable to access their funds for more than two years.…

FTX’s $1.2B Repayment Starts Soon

coinpedia.org Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017. FTX the…

Play With Doge: 9 Games That Feature the Dogecoin Meme Pup

decrypt.co Dogecoin is back in the spotlight, surging to a three-year high price in December amid a broader crypto market spike, not to mention continued promotion from Elon Musk, who…

Crypto Rebounds, Banana Singularity Coming, Binance lists AI coins

decrypt.co BTC drops to $91k before 12 straight green candles. Crypto headed for Banana Singularity: Raoul Pal. Fidelity prefers ETH over SOL on fundamentals. Pro-crypto CFTC boss…

FTX Repayments: Expert Announces Initial Distribution, First Repayment Dates

coingape.com Beleaguered crypto exchange FTX has further revealed the schedule for $16 billion in creditor repayments. Experts revealed early February as the expected timeline for the…

Kraken Begins FTX Payouts as Creditors Await Resolution

cryptodnes.bg Kraken has started distributing funds to creditors of the failed cryptocurrency exchange FTX, marking a crucial step in addressing the fallout from its 2022 collapse.…

FTX Funds Distribution Begins: Kraken Sends Emails to Creditors

coinpedia.org Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010.…

Senate Banking Committee Announces First-Ever Cryptocurrency Subcommittee: Report

cryptopotato.com The U.S. Senate Banking Committee, led by Chairman Tim Scott, is reportedly planning to establish its first subcommittee dedicated to cryptocurrency. This initiative marks…

Cybercrime Damages Highlight Need for Scalable Decentralized Infrastructure

coindesk.com Recent figures reveal that cybercrime has inflicted losses of $298 billion on German companies alone in 2024, with 90% of surveyed businesses expecting damages to rise…

FTX Issues Clarification on Backpack’s Acquisition and Fund Repayment Claims

cryptopotato.com Bankrupt cryptocurrency exchange FTX has responded to recent claims by Backpack regarding the acquisition of its European arm, FTX EU, and the repayment of customer funds.…

Crypto Weak, Silk Road BTC Approved for Sale, Market top worries

decrypt.co BTC continues to fall, many altcoins down 10%+. US approved to sell $6.5bn Silk road BTC. BTC ETFs see second biggest outflow ever. 75% chance of market top: Ansem. Kraken,…

Outgoing SEC Chair Gary Gensler Takes Parting Shots at Crypto Industry

decrypt.co SEC Chair Gary Gensler continued to take shots at crypto on his way out the door Wednesday, echoing previous comments as he again characterized the industry as “rife with…

FTX didn’t know Backpack bought its EU arm

blockworks.co This is a segment from the Lightspeed newsletter. To read full editions, subscribe. On Tuesday, we reported that Backpack had purchased FTX EU in a $32.7 million deal. The…

Polymarket users bet Biden more likely to pardon SBF than Ross Ubricht

cointelegraph.com The former FTX CEO is currently serving a 25-year sentence awaiting appeal, while the Silk Road founder was sentenced to life in prison in 2015.

Solana: When Will SOL Reclaim Its $263 Peak?

watcher.guru has faced a significant correction over the last few days. The asset follows the market downtrend, following Bitcoin’s (BTC) dip to sub-$94,000 levels. SOL’s price has…

Kraken Offers Fee Credits for FTX Clients to Trade $50K in Crypto

financemagnates.com Kraken has announced a new initiative for clients receiving funds from FTX on its platform. These clients will be eligible for fee credits, allowing them to trade up to…

Backpack Exchange and FTX clash over FTX EU ownership

cointelegraph.com The ownership of FTX EU has become a point of contention between Backpack Exchange and the FTX estate.

Backpack Addresses FTX EU Acquisition Controversy, Plans to Return Customer Funds

cryptonews.com Cryptocurrency exchange Backpack has issued a detailed statement addressing the ongoing controversy surrounding its acquisition of FTX EU, a European entity previously…

Trump jitters drive Bitcoin below $93,000

dlnews.com It’s Trumponomics. That’s basically the answer you get when you check for reasons behind why Bitcoin dropped below $93,000 over the past 24 hours. More precisely, analysts…

FTX Denies Approval Of FTX EU Acquisition By Backpack Amid Bankruptcy Proceedings

99bitcoins.com Bankrupt cryptocurrency exchange FTX denied claims that crypto exchange Backpack has acquired its European subsidiary, FTX EU. FTX said that the deal has not been approved…

Backpack seeks to clarify EU entity acquisition deal following FTX estate’s dispute over certain claims

theblock.co Backpack Exchange and the FTX estate are in dispute over certain details surrounding Backpack’s acquisition of FTX EU.

FTX and Backpack dispute sale of European arm to former insiders’ crypto platform

cryptoslate.com The bankrupt FTX exchange has challenged the announced sale of its European subsidiary, FTX EU, to Backpack, a crypto platform founded by former FTX employees. In a Jan. 8…

South Korea Plans to Relax Institutional Crypto Trading Restrictions

coinjournal.net South Korea’s financial regulator plans to gradually ease restrictions on institutional crypto trading, allowing them access to local crypto markets. Non-profit…

Meet Trump’s new adviser picks: a crypto PAC darling, a Fed critic, and Musk’s AI confidant

dlnews.com US President-elect Donald Trump’s latest advisor picks are in. He chose Bo Hines, Stephen Miran, and Sriram Krishnan to take on roles in digital asset policy, economic…

FTX-linked fund MNNC Group raises over $100m after LedgerPrime name change

dlnews.com Parts of Sam Bankman-Fried’s crypto empire are still kicking. MNNC Group told DL News that it’s raised more than $100 million. According to Thursday filings with the…

FTX CTO Gary Wang avoids prison time

techcrunch.com Not every former top FTX executive is heading to prison. Gary Wang, former FTX chief technical officer, was spared prison time by U.S. District Judge Lewis Kaplan today.…

Backpack Hits Back at FTX: Asserts Ownership Claim on the Cypriot Entity

financemagnates.com Backpack Exchange responded to FTX's claims hours after the bankrupt exchange called the acquisition of its Cyprus entity unauthorised. The latest press release from…

FTX Exposes Backpack’s Misleading Acquisition Of Acquiring FTX EU

coinpedia.org The post FTX Exposes Backpack’s Misleading Acquisition Of Acquiring FTX EU appeared first on Coinpedia Fintech News FTX.com and the FTX Recovery Trust have exposed…

FTX Bankruptcy Estate Hits Out Over 'Unauthorized' Sale of FTX EU to Backpack Exchange

coindesk.com The FTX bankruptcy estate has disputed the recently announced sale of FTX EU to Backpack, the cryptocurrency exchange and wallet firm founded by former FTX and Alameda…

FTX EU Acquisition in Jeopardy? Backpack Does Not Have Court Approval

financemagnates.com Bankrupt cryptocurrency exchange FTX clarified today (Thursday) that Backpack's "purported" acquisition of its Cyprus division has not been approved by the court, nor has…

FTX says Backpack acquisition of EU arm has not been approved by court

cointelegraph.com FTX says that Backpack has not been authorized to return funds to creditors despite the Solana exchange saying it would take over creditor repayments from FTX.