Concern about and disputes regarding the sale of now-defunct FTX exchange’s European arm FTX EU to Backpack Exchange. Which is a cryptocurrency trading and wallet company. Backpack had amassed drinking curls based on the purported acquisition of FTX EU by $32.7 million. While the FTX bankruptcy estate showed that the
The Graph is pleased to announce the launch of Geo Genesis, a revolutionary application that organizes knowledge on web3 rails. Anyone, regardless of their level of technical experience, is able to participate in the creation and management of “Spaces” in Geo Genesis. These “Spaces” are collaborative hubs that are meant for
Raydium, the leading Solana DEX, has partnered with Orderly Network to provide perpetual futures trading, which will be powered by Orderly’s omnichain orderbook. Raydium is the first DEX in the Solana ecosystem to use Orderly’s advanced perps liquidity solution, making the integration a significant milestone. Raydium is a major player in
The market trends of cryptocurrency and ETF market in late 2024 was quite volatile due to a great change in attitude of investors along with the changing condition of market. Bitcoin was relatively volatile and largely affected the trend. Bitcoin Volatility and Outflows In January 2025, Bitcoin fell below the
As part of its latest announcement, Binance stated that it completed DAR token swap and rebrand of Dar open network. The exchange platform also made deposits and withdrawals for D tokens available for users. Being the leading crypto exchange platform, Binance’s support to Mines of Dalarnia (DAR) token swap plays
The Korea Financial Intelligence Unit (KoFIU) has presented Wavebridge with official approval to operate as a Virtual Asset Service Provider (VASP). Wavebridge is a major cryptocurrency firm in South Korea. The achievement of this regulatory milestone makes it possible for Wavebridge to grow its activities inside South Korea, so enhancing its
Decentralized physical infrastructure network for GPU clusters io.net and Alpha Network have partnered to provide a secure environment for web3 and AI apps. By addressing data security issues and democratizing access to AI infrastructure, the partnership will empower developers to create robust decentralized applications. Alpha Network, the first decentralized AI execution layer
Shiba Inu (SHIB) has hit a weekly low of $0.00002047, recording a 3% decline in the past 24 hours, while its trading volume dropped by 34%. Over the last month, the token has fallen by 24%, reflecting broader market trends influenced by significant selling pressure. The downturn follows a major
In partnership with industry titans Floki and DeXe, GraFun, a leading memecoin launchpad on EVM, has unveiled an innovative token launch mechanism dubbed Alpha Launch that is poised to revolutionize the way tokens and memecoins are offered to the market. This innovative feature, which is backed by BNB Chain and Thena, provides
Bearish momentum dominates the crypto market, pushing the asset’s price on a downward path. Bitcoin (BTC) continues to fall and trade around the $93.3K level, while Ethereum (ETH) is battling to reclaim the $3.5K mark. ETH has been trading on the downside, recording a 1.73% loss over the last 24
