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FTX claims prices rally ahead of anticipated estimation hearing

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While FTX is keen on refunding the investors based on Nov. 2022 market prices, FTX creditors aim for an “in-kind” repayment structure that bases the repayments on the number of tokens, not their market prices.

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Coin Market

Indian crypto exchange WazirX charts recovery path after $235M cyberattack

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WazirX has implemented a Singapore-backed restructuring plan to recover from its July 2024 $235 million cyberattack.

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Coin Market

US and Canada Bitcoin ETFs: Biggest buyer vs worst loser

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Canadian spot Bitcoin ETF investors have been flocking to more liquid US alternatives, triggering the largest crypto ETF outflows in Canada’s history.

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Coin Market

Philippine banks collaborate to launch PHPX stablecoin on Hedera

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Philippine banks are collaborating to launch the PHPX stablecoin for real-time remittances, leveraging Hedera’s DLT network and cross-border payment solutions.

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