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Ethena Sets 2025 Vision with Telegram Payments and TradFi Adoption
On January 3, Ethena Labs released its 2025 roadmap, which included a savings and payment app built on Telegram that makes use of its sUSDe stablecoin.
The roadmap aims to use Telegram to…
Celsius Continues to Challenge the FTX Bankruptcy Plan’s $444M Claim
Celsius focused on preferential transfers and lowered its claim from its initial $2 billion demand to $444 million, but a court rejected both claims for procedural reasons.
Mohsin Meghji,…
OKX’s latest proof of reserve shows user assets dropped 8,992 BTC
In December, OKX reported that its BTC holdings were 130,936 (minus 8,992 BTC), while its USDT and ETH holdings had increased.
The exchange reported 130,936 BTC in user assets, which…
$16 billion FTX repayment is scheduled to commence in January 2025
Beginning in January 2025, FTX will repay $16 billion to creditors and customers. Customers will receive 98% of their losses, with many receiving a return that exceeds their initial…
Binance endorses the Bitcoin Payment Pilot Proposal in Thailand
A pilot program to implement crypto payments in a tourist center in Thailand has received the support of the world's largest cryptocurrency exchange.
According to Thaksin Shinawatra,…
Musk responds to speculations of Biden pardoning FTX founder
Rumors regarding a presidential pardon for the proprietor of FTX have surfaced. The potential pardon remains the subject of public speculation and fluctuating odds.
Speculation regarding…
Bybit’s 17th evidence of reserves indicates an 8.55% decrease in the value of users’ BTC…
In its 17th proof of reserves report, Bybit has disclosed significant changes in user asset holdings as of December 12, 2024.
The snapshot demonstrates a distinction between Bitcoin and…
Binance is currently facing a lawsuit in Australia for mislabeling retail clients and risky…
The Australian Securities and Investments Commission (ASIC) has initiated legal proceedings against Binance Australia Derivatives, alleging that the crypto trading platform does not adhere…
Binance.US intends to re-establish USD services by the beginning of 2025
Binance.US, intends to introduce new features and broaden its product line in the months ahead.
Binance.US intends to reinstate USD services by early 2025, which suggests that digital…
Bybit will end French crypto services in January 2025
In response to the heightened regulatory constraints, Bybit will terminate withdrawal and custody services for French customers on January 8, 2025.
In response to the heightened…
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