Telegram CEO Pavel Durov’s arrest by French authorities has triggered protests, including DDoS attacks allegedly by Russian hackers on government websites. The French President's denial of political motives behind the detention has only fuelled further criticism.
CatherineBitFlyer plans to acquire FTX Japan for billions of yen, aiming to reposition it as a digital asset management firm for institutional investors. FTX's restructuring involves selling subsidiaries to repay creditors, with ongoing disputes over cash versus crypto repayments.
ZeZhengSun's stablecoin USDD depegged, reflecting broader struggles in Poloniex and HTX. Despite past controversies, Sun's ventures face ongoing challenges.
Xu LinFTX wins court approval for Anthropic stake sale, advancing customer reimbursement efforts.
Xu LinExplore the strategic disposal of GBTC shares by FTX Estate and its market implications in our comprehensive analysis. Uncover insights on the GBTC to ETF transition, legal dynamics, and the significant market reactions shaping the future of cryptocurrency investments.
WeiliangIn a shrewd financial maneuver, Dave Inc. secured FTX Ventures' convertible debt at a discounted rate of $71 million. The completion of the deal is subject to court approval, with stringent conditions to prevent alternative transactions. Dave Inc.'s CEO, Jason Wilk, expresses confidence in the move, while FTT, FTX's native cryptocurrency, sees a 15% surge. FTT is currently trading at $2.99.
Cheng YuanThe rise of ChatGPT as both a game-changer and a lucrative target raises pressing questions about the security measures in place, as seen in the 100,000-odd ChatGPT compromised accounts.
CatherineReport Provides High-Level Overview of Control Failures by Previous Management Team Across Critical Functions
Others
Coinlive Both the major crypto exchange and its U.S. arm closed on separate $400 million funding rounds in January.
Cointelegraph