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FTX has withdrawn its controversial motion seeking to implement a "restricted jurisdiction" procedure that could have led to the forfeiture of customer claims in certain countries, a reversal that marks a win for creditors of the collapsed exchange.The motion, which is part of its Chapter 11 plan, sâŚ
DeFi protocol Stream Finance has temporarily suspended all withdrawals and deposits after an external fund manager overseeing its assets disclosed a loss of roughly $93 million, the company said late Monday night.Stream Finance said in a post on X that an external fund manager disclosed a $93 millioâŚ
An appeals court ruling last week declaring that Custodia is not entitled to a Federal Reserve mast account is not the end of the road for crypto banks to get access to the central bank, said a TD Cowen analyst on Monday."We see this as a speed bump rather than a road block for crypto Master AccountâŚ
Crypto startup Liquid, which aggregates multiple decentralized perpetual futures exchanges â including Hyperliquid, Lighter, and Ostium â into one non-custodial app, has raised $7.6 million in a seed funding round.Paradigm led the seed round, with General Catalyst and several angel investors joiningâŚ
Nasdaq-listed Tharimmune Inc. (ticker THAR) said Monday it raised about $540 million in a private placement to fund a new digital-asset treasury strategy centered on Canton Coin.The token powers the Canton Network, a blockchain built to link regulated institutions through a privacy-enabled system suâŚ
Leading crypto oracle provider Chainlink has inked a partnership with FTSE Russell to bring its indices and market data onchain. This includes data for major global indices like the Russell 1000, Russell 2000, Russell 3000, and other FTSE products. FTSE Russell will onboard its data using ChainlinkââŚ
Decentralized exchange (DEX) trading volume surged to an all-time high of $613.3 billion in October from nearly $500 billion in September, marking a sharp increase as traders repositioned their holdings.According to DefiLlama data, Uniswap recorded the largest monthly volume among DEXs with $170.9 bâŚ
The total monthly stablecoin volume on Ethereum soared to hit a new all-time high in October, as traders increasingly sought yield opportunities during the crypto market slowdown.According to The Block's data, stablecoins on Ethereum saw a total of $2.82 trillion in onchain volume in October, surpasâŚ
Faruk Fatih Ozer, who founded cryptocurrency exchange Thodex in 2017 and led the firm as CEO before its sudden collapse in April 2021, died in his Turkish prison while serving out his 11,196-year sentence, according to local media reports. Ozer was found guilty, along with his brother and sister, ofâŚ
An appeals court has ruled that Custodia is not entitled to a Federal Reserve master account, the latest move in a years-long journey for the digital asset bank to get access. In a filing on Friday in the U.S. Court of Appeals for the Tenth Circuit, the judges certified a previous decision made by aâŚ
Analysts at research and brokerage firm Bernstein initiated coverage on Ethereum treasury company SharpLink Gaming (ticker: SBET) on Thursday with an outperform rating and a $24 price target by the end of 2026 â implying approximately 75% upside potential from its Oct. 29 closing price of $13.61.ModâŚ
High-profile web3 projects World and Mythical Games are joining forces in an effort to distinguish human gamers from bots.As part of the integration Mythical will bring its gamers to the World network while also leveraging World's "proof of human" ID technology for gamers signing up or signing on toâŚ