FTX to distribute over $5B to creditors on May 30: Second payout

Key Takeaways FTX is set to distribute over $5 billion to creditors starting May 30, 2025. Eligible creditors will receive varying payment rates through BitGo or Kraken. Share this article FTX is... Read more »

FTX creditors poised to receive $5B by May 30 in latest distribution round

FTX Recovery Trust will begin distributing over $5 billion to creditors on May 30 as part of the company’s Chapter 11 Plan of Reorganization, according to a May 15 statement issued by... Read more »

Spot Bitcoin ETF inflows fall, but BTC whale activity points to bull market acceleration

Key takeaways: Spot Bitcoin ETF inflows dropped over 90% from $3 billion to $228 million in four weeks. While strong ETF inflows often drive Bitcoin rallies, recent data shows price movements can... Read more »

Zoom/Telegram Deepfake Attack Vector Rises: Crypto Founders Targeted

Sandeep Nailwal, founder of Polygon, warned about a recent incident involving a hack of one of his contacts that utilized social engineering and deepfakes on Zoom to compromise other Telegram contacts. The... Read more »

Cboe requests to list first US spot Tron ETF offering staking rewards

Cboe BZX Exchange has filed a proposed rule change with the Securities and Exchange Commission to list and trade shares of the Canary Staked TRX ETF under Rule 14.11(e)(4), marking the first... Read more »

NFT founder stole millions from Bitcoin project, investors allege

Several investors in a non-fungible token (NFT) project, Hashling NFT, have accused its founder of misappropriating millions of dollars in profits from the project and a closely tied Bitcoin mining operation. According... Read more »

OCC Declares US Banking System ‘Well Positioned’ to Embrace Crypto

The U.S. banking system is officially primed for a digital evolution as the OCC confirms its readiness to support blockchain, stablecoins, and crypto-powered financial services. OCC Endorses Crypto Future for US Banks,... Read more »

Bitfarms clocks loss amid AI pivot

Bitfarms clocked a first-quarter net loss of $36 million, widening from a $6 million loss in the same period a year earlier, as the Bitcoin miner pivots from mining to high-performance computing... Read more »

JPMorgan bridges blockchain and traditional finance in landmark pilot transaction

JPMorgan has completed a groundbreaking pilot transaction that bridges traditional finance and blockchain in collaboration with Ondo Finance and Chainlink. According to a May 14 statement, the banking giant’s blockchain unit, Kinexys,... Read more »

SEC Chair Discusses 3 Crypto Areas of Focus—Major Policy Moves Ahead

The SEC is unleashing a groundbreaking crypto rulebook rewrite that could supercharge U.S. digital asset innovation, redefining issuance, custody, and trading for unstoppable market growth. Crypto Shakeup Ahead: SEC Hits the Gas... Read more »
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