Backpack Exchange has issued a statement addressing confusion surrounding its acquisition of FTX EU, following conflicting claims from the FTX estate and growing concerns about customer fund responsibility. The FTX estate recently claimed that "100% of the share...
Oklahoma State Senator Dusty Deevers has introduced a bill to establish Bitcoin as a mainstream financial option in the state. The proposed legislation, titled the Bitcoin Freedom Act (SB325), seeks to allow residents in Oklahoma to opt for...
Orange Finance, a major liquidity management protocol on the Arbitrum network, has suffered a significant breach, losing over $840,000. The team disclosed the hack on January 8 through a post on X, urging users to refrain from interacting...
Kazakhstan's financial regulator, the Agency for Financial Monitoring of the Republic of Kazakhstan (AFM RK), has intensified its efforts to combat illegal cryptocurrency activities. In collaboration with the National Security Committee and the Ministry of Culture and Information,...
Analysts warn that Bitcoin may face a short-term slowdown due to tightening global liquidity driven by a stronger U.S. dollar following Donald Trump's re-election, which could challenge potential price gains. According to a research note from Matrixport, Asia's...
Binance Futures has introduced three new USD-margined perpetual contracts: COOKIEUSDT, ALCHUSDT, and SWARMSUSDT. These contracts provide traders with leverage of up to 75x, targeting those interested in high-risk, high-reward opportunities in the cryptocurrency market. The launch schedule follows:...
Aleš Michl, Governor of the Czech National Bank (CNB), has sparked discussions about the potential inclusion of Bitcoin in the bank’s foreign exchange reserves as part of its diversification strategy. In a recent interview with CNN Prima News,...
Backpack, a centralized cryptocurrency exchange founded by former Alameda Research and FTX employees, has acquired FTX EU, the European arm of the failed FTX exchange. This acquisition has been approved by the FTX bankruptcy court and the Cyprus...
Thai authorities are conducting an intensive search for two Russian nationals following a violent assault and robbery at a hotel in Karon Phuket, as reported by a local newspaper, highlighting the growing intersection of cryptocurrency and violent crime....
Bitget has partnered with digital banking platform ZEN.com to integrate its fiat deposit and withdrawal services. The crypto exchange users would now be able to seamlessly deposit and withdraw funds in 11 fiat currencies, including Polish Zloty (PLN),...
