FTX Sues Bybit to Claw Back $953M in ‘Misappropriated Funds’
The FTX estate says the funds were “preferentially” or “fraudulently” transferred to Bybit and affiliates in the lead up to its November 2022, bankruptcy filing.
Financial
May 2025
Financial
Ex-Polygon Veteran Wyatt Joins Optimism Foundation Unit in Growth Role
Wyatt, who previously served as president at Polygon Labs and had a stint at YouTube, joins as chief growth officer, where he will be in charge of helping developers build across Optimism’s ecosystem of blockchains.
Financial
Ethereum Wallet Drainer Steals $60M in Six Months
Hackers are using a piece of code called Create2 to bypass security alerts when users sign malicious signatures.
Financial
Cboe Digital to Launch Margined Futures for Bitcoin, Ether
Cboe will become the first regulated U.S. exchange to offer both spot and futures markets on a single platform.
Financial
IRS ‘Raided’ by Crypto Investors as Industry Puts Up Fight Against U.S. Tax Proposal
The proposal to establish a U.S. tax regime for digital assets has drawn a stunning 120,000 comments and will be the focus of an IRS hearing today.
Financial
Asia Fund Picks Up Majority Stake in The Block, Buys Out Shares Tied to Sam Bankman-Fried Loan
The crypto veri and news site is valued at $70 million and plans to expand in the Asian and Middle East regions.
Financial
Hacker Steals $27M in Tether From Wallet Linked to Binance Deployer
The funds were then bridged to bitcoin on the THORChain bridge.
Financial
First Mover Americas: Grayscale’s GBTC Discount Narrows to 10%
The latest price moves in crypto markets in context for Nov. 13, 2023.
Financial
GROK Token, Inspired by Elon Musk’s Grok AI, Hits $160M Capitalization in Latest Frenzy
Total liquidity for the token is a paltry $3.5 million on decentralized exchanges, meaning a single significant sale could instantly topple the rise.
Financial
Grayscale’s Solana Trust Trades at 869% Premium as Institutions Flock to SOL
The rise in premium comes as CME Group overtook Binance in share of the crypto derivatives market, a sign of institutional interest.