FTX Files Court Petition to Hire Galaxy Digital’s Services to Sell its Assets
FTX has filed a court petition proposing to “buy, stake, and hedge” its $3 billion worth of digital assets, and they have chosen Galaxy Digital to execute this plan.
Bitstamp Will Suspend its Staking Services in US
Bitstamp has announced that it will be ending its staking program for US users come September 25.
One of India’s Largest Crypto Exchanges Lays Off 71 Employees
CoinDCX, one of India’s major exchanges, sadly had to resort to layoffs, releasing 12% of their staff in 2022-2023.
Bitso Adds Support Tron Network and Tether Transactions
Bitso, an exchange specialized in Latin America, has now enabled support for the Tron network and USDT transactions.
JPMorgan Believes Coinbase Crypto Futures Approval Legitimizes BTC in the US
The approval given by the CFTC to Coinbase to open up access to trading in crypto-currency based futures symbolizes the durability of digital assets in the US.
Kraken Ventures Wants to Raise $100M
Kraken Ventures, the venture capital arm of crypto exchange operator Kraken, is in the process of raising its second fund in a challenging environment.
Former FTX CEO Sam Bankman-Fried is Sent to Jail Pending Trial
FTX founder Sam Bankman-Freed has had his bail revoked by a federal judge and has been placed in custody until the next hearing.
