The crypto world has been buzzing with anticipation, and a significant announcement from the FTX Recovery Trust is set to bring a wave of relief to many. In a pivotal move, the Trust has confirmed the allocation of $1.9 billion in compensation reserves for FTX creditors, with payouts expected by September 30, 2025. This marks […]
In the world of decentralized finance, events can unfold rapidly. The recent GMX hack brought challenges, but a significant development suggests positive steps are being taken. On-chain data reveals that the popular decentralized exchange GMX has made a substantial move, selling a large amount of Ethereum recovered after the security incident. The GMX Recovery: Funds […]
For many impacted by the collapse of FTX, the road to recovering funds has been long and challenging. Every piece of news regarding the FTX repayments process is met with intense scrutiny and hope. A recent development brings a positive step forward: FTX and FTX Digital Markets (FTX DM) have announced a new partnership aimed […]
Great news for the Sui community and users of the Cetus decentralized exchange (DEX)! After a challenging period following a significant hacking incident, Cetus has announced a major breakthrough in its recovery efforts. The substantial sum of $220 million in frozen funds, previously impacted by the exploit, has now been successfully transferred to a secure […]
The Sui ecosystem recently witnessed a crucial moment of decentralized decision-making. The Sui community has cast a definitive vote regarding the recovery of funds affected by a recent incident involving the Cetus protocol. This move highlights the power and responsibility inherent in Sui governance, demonstrating how a decentralized network can respond to challenges like security […]
The world of decentralized finance (DeFi) on the Sui blockchain has been shaken by a major security incident. Cetus DEX, a prominent decentralized exchange operating on Sui, has confirmed a significant exploit resulting in the loss of approximately $223 million. This event highlights the persistent security challenges faced by platforms in the rapidly evolving crypto […]
The cryptocurrency market is a rollercoaster, and few assets exemplify this better than Ethereum (ETH). Recent data shows a significant positive shift: a large percentage of **ETH holders** are now seeing green. This turnaround follows a period of notable price decline, marking a welcome **crypto market recovery** for many. Why Are So Many Ethereum Holders […]
Great news for former FTX EU users! A significant step towards reclaiming lost funds has just been announced. Backpack, the Solana-based crypto exchange that acquired FTX EU earlier this year, is now facilitating Euro withdrawals for eligible customers. Backpack Exchange Steps Up for FTX EU Users Following its acquisition of FTX EU in January, Backpack […]
The cryptocurrency world is buzzing! The Ethereum price has made a notable move, climbing back above the significant $2,400 level. This marks the first time Ether (ETH) has traded at this threshold since March 3, according to recent market data. ETH Price Breaks $2400: The Key Details Currently, the ETH price is hovering around $2,444 […]
The unpredictable nature of the cryptocurrency market means that even established projects can face significant challenges. The recent performance of the OM token, native to the Mantra OM ecosystem, was a stark reminder of this reality, experiencing a notable crash that impacted its community and stakeholders. Such events can shake confidence and raise questions about […]
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