Avraham “Avi” Eisenberg, who was found guilty of fraud and manipulating the Mango Markets decentralized exchange (DEX), is scheduled to be sentenced on April 10.
Backpack Hits Back at FTX: Asserts Ownership Claim on the Cypriot Entity
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 Backpack emphasised that it has already purchased FTX EU from former insiders, with the transaction “completed and reflected on official publicly available German court records s
Transforming Banking: HKMA’s Game-Changing DLT Initiative
A new initiative has been introduced by the Hong Kong Monetary Authority (HKMA) to support banks adopting distributed ledger technology (DLT).
Bitcoin Freedom Act: Oklahoma Senator Proposes New Payment Law
On January 8, Oklahoma Senator Dusty Deevers introduced the Bitcoin Freedom Act, which gives residents and businesses the option to use Bitcoin BTC for payments.
Why the British Pound Is Stronger than the US Dollar
How strong is the pound compared to the US dollar? The GBP/USD exchange rate is a key indicator of the economic relationship between two global powers. From historical dominance to modern fluctuations driven by monetary policy, economic metrics, and geopolitical events, understanding this pair offers insights into both economies. This article explo
FTX EU Sale to Backpack Denied: Court Blocks Takeover Claims
FTX, a bankrupt cryptocurrency exchange, has denied that its European branch, FTX EU, has been acquired by Backpack, a crypto exchange.
FTX EU Acquisition in Jeopardy? Backpack Does Not Have Court Approval
The bankrupt cryptocurrency exchange FTX clarified today (Thursday) that Backpack’s “purported” acquisition of its Cyprus division had not been approved by the court, nor had Backpack been authorized to distribute funds to FTX customers. Further, the press release stated, “The Backpack Press Release was issued without the knowledge or involve
SPX6900 Falls 19% Post-All-Time High: What’s Next for SPX Traders?
SPX6900, an Ethereum-powered cryptographic token, has experienced a steep 19% drop in value, tumbling to $1.30 just two…
Donald Trump’s Top 6 Picks for CFTC Chair After Rostin Behnam’s Exit
Donald Trump’s transition team has shortlisted at least six candidates following the resignation of Commodity Futures Trading Commission…
Grayscale Updates Fund Composition; Adds SUI, CRV, LPT
The crypto-focused asset management firm Grayscale has announced the latest fund composition weights for its products, including altcoins…