TLDR: Coinbase and Morpho have partnered to offer Bitcoin-backed USDC loans up to $100,000 on the Base blockchain, with Bitcoin…

TLDR: HTX reported total trading volume of $2.4 trillion in 2024, representing a 100% year-over-year increase, while growing its user…

• Backpack announced acquisition of FTX EU on January 8, 2025
• FTX bankruptcy estate claims the sale was unauthorized
• Backpack says Cyprus regulator approved the purchase in December 2024
• Former FTX/Alameda employees founded Backpack
• Dispute centers around authority to distribute funds to FTX EU creditors

– Backpack Exchange, founded by ex-FTX/Alameda employees, acquired FTX EU for $32.7M
– Acquisition includes commitment to distribute funds owed to FTX EU customers
– Backpack plans to launch in Q1 2025 as sole regulated crypto derivatives provider in Europe
– Nasdaq ISE seeks SEC approval to 10x increase position/exercise limits on Bitcoin ETF options
– Proposed change due to growing IBIT trading volume/liquidity, still conservative vs other ETFs

Picture this: all major financial institutions and millions of individuals trading on decentralized exchanges (DEXs). In such a future, would…

Coinbase is winding down its USDC Rewards program for users in the European Economic Area (EEA) to comply with the…

Cryptocurrency lender Celsius Network is set to allocate additional $127 million funds to its creditors as part of its reorganization…

HECO Network, a decentralized blockchain platform built by Huobi, one of the largest crypto exchanges, will officially discontinue its services…

TLDR: Binance launched BFUSD, a reward-bearing margin asset offering ~19.55% APY BFUSD is not a stablecoin but a futures trading…

TLDR: Binance reached $100 trillion in combined spot and derivatives trading volume OKX is the second-largest exchange with $25 trillion…

TLDR: Kraken launched kBTC, a fully backed 1:1 Bitcoin ERC-20 token kBTC is compatible with Ethereum and OP Mainnet networks…

Cryptomus exchange is a multi-functional trading platform that combines high liquidity with an extensive selection of useful options. Profitable spot…

TLDR: Kraken launched Ethereum restaking via EigenLayer for non-U.S. customers Restaking allows users to earn additional rewards on already staked…

TLDR Up to $1.3 billion in Ethereum from PlusToken Ponzi scheme may soon be sold 7,000 ETH ($17.2 million) has…

TLDR: US bankruptcy court approved FTX liquidation plan to repay customers $16 billion Initial distribution of $1.1 billion expected to…

TLDR FTX’s bankruptcy plan approved by US court Creditors to receive 119% of approved claims in cash FTT token surged…

FTX, the now-defunct cryptocurrency exchange, is set to distribute up to $16 billion to its customers following a court hearing…

TLDR Coinbase will delist USDT and other non-compliant stablecoins in the EU by end of 2024 This is due to…

TLDR Binance burned 1.14 billion Terra Luna Classic (LUNC) tokens LUNC and USTC prices surged over 10% following the burn…

TLDR Gemini is closing all customer accounts in Canada by December 31, 2024 Canadian users have 90 days to withdraw…

TLDR: WazirX exchange suffered a $230 million hack in July 2024 Hackers have nearly finished laundering stolen funds through Tornado…