FTX Gives Up on Relaunch: Focuses on Repaying Customers
Bankrupt cryptocurrency exchange FTX will cease to exist after abandoning its efforts to relaunch the platform. The exchange also vowed to pay every customer back once it has “sufficient funds…
FTX’s $400M hack linked to SIM swap attack, feds charge 3
Crypto exchange FTX was hacked for over $400 million just hours after filing for bankruptcy in 2022. Many initially believed it was an inside job. Three individuals charged by United…
Valkyrie adds a second custodian BitGo to its ‘BRRR’ Bitcoin ETF
The spot Bitcoin ETF issuer said it will still use Coinbase’s custodian services as part of a move to diversify custodians. Asset management firm Valkyrie has added digital asset trust…
Bitcoin needs DeFi, consumer apps, to see mass adoption: L2 devs
Bitcoin Virtual Machine, SatoshiVM, Spiderchain and BitVM are among those that recently emerged with the aim of expanding the functionality of Bitcoin. Bitcoin (BTC) can only “stand a chance” at…
Three Arrows co-founders’ OPNX exchange is shutting down
Crypto bankruptcy claims and trading platform Open Exchange has urged users to settle all positions by Feb. 7 and withdraw by Feb. 14. Crypto bankruptcy claims platform OPNX — launched…
Genesis reaches $21M settlement with SEC over Gemini Earn program
The Genesis legal team proposed a Feb. 14 hearing to recognize the SEC settlement as part of its bankruptcy case. Bankrupt firm Genesis Global Holdco and its affiliates said they…
Comedian Larry David said he was ‘an idiot’ to do FTX Super Bowl ad
The comedian who encouraged Super Bowl viewers not to “miss out” on crypto said he “lost a lot of money” after doing an ad spot for FTX. American comedian Larry…
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