FTX Token $FTT: Anticipation Grows Ahead of Scheduled Repayments to Creditors

The cryptocurrency community is all enthusiastic in light of the prospects of the payment of funds to creditors of the failed FTX exchange. This development has brought renewed attention to the FTX Token ($FTT), with talks centering on what this upcoming payment might mean for the crypto market. The repayment, set to begin on February … Read more

Crypto Comeback: VC Investments Soar 46% in Q4 2024

In Q4 2024, venture capital (VC) firms invested $3.5 billion into crypto and blockchain startups, a 46% increase from the previous quarter. 2024: Weakest Year for Crypto VC Fundraising Venture capital (VC) firms poured $3.5 billion into crypto and blockchain-focused startups in the last quarter of 2024. The investment, 46% higher than the previous quarter, … Read more

Bitgo, Kraken Partner With FTX for Jan. 3 Payment Distribution

FTX Trading Ltd. (FTX) and its affiliated debtors have locked in Jan. 3, 2025, as the kickoff day for their court-endorsed Chapter 11 Reorganization Plan. FTX Creditor Distribution Is Coming Soon According to the press release, this date will also act as the debut distribution record for creditors within the plan’s convenience categories. In the … Read more