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FTX estate sues KuCoin to recover over $50M in assets

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The assets were initially valued at $28 million but now exceeded $50 million due to market fluctuations. The assets have been frozen by KuCoin since FTX’s collapse in November 2022.

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Coin Market

NFTs record $158M weekly sales volume, led by Ethereum, Bitcoin

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November has already surpassed October’s total volume, continuing strong market momentum for NFTs.

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Coin Market

Australia begins consultation on OECD crypto reporting framework

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Australia’s Treasury seeks input on implementing the crypto-asset reporting framework within its domestic tax laws. 

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Coin Market

Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

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The report comes five days after Cantor Fitzgerald’s CEO Howard Lutnick was appointed as President-Elect Donald Trump’s Secretary of Commerce.

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