FTX Will Return $16 Billion to Customers Following Court's Bankruptcy Approval
Collapsed crypto exchange FTX was given the green light Monday to execute its bankruptcy plan following nearly two years of recovery efforts.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
US rule rewrite looms for $200B on-chain venue Hyperliquid as Trump signals onshore approval
President Donald Trump said Aug. 19 that CFTC Chair Michael Selig is working to bring Hyperliquid to the US in a fully compliant,...
Rothera powers Robinhood’s prediction market exchange, processing 3.5 billion contracts in Q2
Rothera's strategic infrastructure role in Robinhood's prediction market highlights the growing importance of backend innovation i...
Nearly 1 in 5 crypto spot trades now happen on DEXs as centralized exchange volume collapses
Centralized crypto exchanges lost 31.2% of their spot crypto trading volume in July, falling to $727 billion and marking the lowes...
Bitcoin is closing in on $80,000 and already destroyed a record $4 billion in short bets
Bitcoin surged toward $80,000 on Friday, extending a three-day rally that has liquidated more than $4 billion in bearish bets and...
Tether-backed Antalpha’s loan TVL declined $696 million as its gold bet returned a $22 million loss
Antalpha’s facilitated loan book shrank by $696 million in the second quarter as losses on tokenized gold holdings at its subsidia...
Bitcoin Price Analysis: The Green Candle is Not Stopping!
Bitcoin price is changing hands near $72,000, and the Fear & Greed Index just jumped 16 points to 62, squarely in “greed” territor...