In Q4 2024, venture capital (VC) firms invested $3.5 billion into crypto and blockchain startups, a 46% increase from the previous quarter. 2024: Weakest Year
Read more
XRP hits 7-year peak amid bullish sentiment, FTX plans payouts: Finance Redefined
FTX’s $1.2 billion repayment is seen as a significant liquidity event for the industry that may bolster cryptocurrency valuations.
Read more
FTX Prepares to Refund $1.2 Billion to Users: What Does This Mean for the Crypto Market?
After its collapse in 2022 that shook the crypto industry, FTX is now preparing to refund approximately $1.2 billion to its users. This… Continue reading
Read moreFTX to begin distributing $1.2B to creditors after Trump inauguration
A significant portion of FTX repayments will likely be reinvested into cryptocurrencies, thanks to the promising growth prospect of the crypto market for 2025, industry
Read moreBackpack Exchange acquires FTX EU, plans Q1 2025 launch
As part of the acquisition, Backpack EU will be responsible for distributing court-approved bankruptcy claims to FTX EU customers.
Read moreFTX’s payment plan is now effective — When will users see their funds?
According to the plan, certain FTX users claiming less than $50,000 could expect to see their funds returned within 60 days.
Read more