FTX’s payment plan is now effective — When will users see their funds?
According to the plan, certain FTX users claiming less than $50,000 could expect to see their funds returned within 60 days. Go to Source
Cryptocurrency Exchange
Auto Added by WPeMatico
Bankrupt Cryptopia exchange distributes $225M to hack victims
Initially owing creditors $4.2 million, Cryptopia’s liquidator Grant Thornton has distributed at least $225 million in crypto to hack victims in December. Go to Source
Japanese crypto exchange Coincheck to debut Nasdaq trading
Following a $1.3 billion merger, Coincheck’s ordinary shares and warrants will start trading on the Nasdaq on Dec. 11. Go to Source
NY financial regulator approves Ripple stablecoin — Brad Garlinghouse
The Ripple CEO said the RLUSD listing would “be live soon” on exchanges after the New York Department of Financial Services approved the stablecoin. Go to Source
Coinbase axes plans to expand into Turkey
The reversal comes just three months after the US-based crypto exchange submitted its pre-application to the Turkish government. Go to Source
Crypto exchange XT.com suspends withdrawals amid $1.7M hack report
XT.com has issued a statement acknowledging an “abnormal transfer of platform wallet assets” but hasn’t confirmed the $1.7 million hack yet. Go to Source
Uniswap unveils $15.5M core contracts bug bounty ahead of v4 launch
Uniswap Labs said this is the “largest bounty in history,” with payouts potentially ranging from $2,000 up to the full amount. Go to Source
FTX co-founder Gary Wang sentenced to time served
Wang was the final FTX executive awaiting sentencing over the 2022 exchange collapse and subsequent fraud charges. Go to Source
South Korea probes Upbit for 600K KYC violations
Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal. Go to Source
Revolut expands crypto exchange to 30 new markets in Europe
Revolut X’s expansion in the European Economic Area comes after Revolut debuted the crypto exchange in the United Kingdom in May. Go to Source
