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Crypto Blog

The bankrupt crypto exchange FTX has received approval to sell approximately $873 million worth of trust assets, aiming to reimburse creditors affected by the exchange's 2022 collapse. 
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In the race for spot Bitcoin exchange-traded funds (ETFs), a fresh contender has emerged. Pando Asset AG enters as the thirteenth applicant, joining as the US Securities & Exchange Commission (SEC) maintains discussions with potential issuers.
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Binance has announced the discontinuation of its support for the BUSD stablecoin effective December 15. 
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Presently, Wyoming's Mummolin, Inc., marks the triumph of a $6.2 million seed funding phase, guided by Jack Dorsey. The initiative involves key investors like Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital, and the Bitcoin Opportunity Fund. 
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In his inaugural blog post since succeeding Changpeng Zhao, newly appointed Binance CEO Richard Teng shared his vision, emphasising a strong commitment to regulatory cooperation within the crypto exchange.
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