FTX Files Reorganization Plan to End Bankruptcy
Asset values for creditor claims will be calculated at prices on the day FTX filed for bankruptcy in November 2022, the plan says.
Finance
BONK’s Surge Send Prices of Solana Saga Phone Flying to $2K
The sealed and unopened phone boxes contain an airdrop of 30 million bonk (BONK) tokens, which has seemingly revived dismal Saga sales.
Solana Rally Sees FTX’s Holdings Grow to $4.2B, Setting Claims Market on Fire
FTX’s SOL holdings are worth over $4.2 billion in today’s money, up from $1.16 billion from earlier this year.
Qredo’s Ankex Crypto Exchange Shutters, CEO Michael Moro Leaves
The hybrid exchange unveiled last year was headed by ex-Genesis CEO Michael Moro, who appears to have departed.
Early Ethereum Backers Cyber.Fund to Invest $100M in ‘Cybernetic Economy’
Cyber.Fund, which also backed Cosmos, Solana and Polkadot, is focused growing the “cybernetic economy,” in which blockchain is the bedrock.
Crypto for Advisors: ETH Staking in 2024
In today’s issue of Crypto for Advisors, we share what advisors need to know about how ETH staking works and what’s coming.
Ledger Exploit Drained $484K, Upended DeFi; Former Staffer Linked to Malicious Code
Hackers stole almost $484k after inserting malicious code into Ledger’s Connect Kit on GitHub on Thursday. Several decentralized finance (DeFi) protocols have been impacted and users are being warned to avoid using decentralized apps (dApps) until further updates.
Deutsche Bank-Backed Taurus Starts Tokenizing German SME Loans
Crypto custody specialist Taurus has partnered with lending company Teylor.
Ledger Exploit Endangers DeFi; Sushi Says ‘Do Not Interact With ANY dApps’
The exploit reportedly prompts users to connect their wallets via a pop-up, triggering a token drainer.
Rulematch, a Swiss Crypto Exchange for Banks, Goes Live With Spain’s BBVA
The institutional crypto platform uses Nasdaq’s trading tech, and comes out the gates with seven banks and securities firms.