Under FTX's reorganisation plan taking effect on January 3, 2025, the bankrupt cryptocurrency exchange will begin repaying creditors, potentially injecting up to $16 billion back into the market, with the company promising that 98% of users will recover at least 118% of their claim values from November 2022
Cryptocurrency exchange KuCoin published its 32nd consecutive monthly Proof of Reserves (PoR) report on July 10, 2025, verified by independent auditor Hacken, confirming that the exchange maintains over 100% asset coverage for liabilities. This consistent transparency initiative provides KuCoin with a significant competitive advantage following the November 2022 FTX collapse,
The November 2022 collapse of FTX and Binance's 2023 regulatory conflicts highlighted severe governance and accounting deficiencies in the cryptocurrency sector stemming from fundamental regulatory, transparency, and accountability issues. In a cryptocurrency market that lost three-quarters of its value during 2022, the collapse of FTX—the world'
Corporate bitcoin accumulation reached unprecedented levels in June 2025, with Relab Labs' latest data showing the top ten corporate bitcoin holders collectively owning 445,175 bitcoins, representing 2.12% of the total supply. MicroStrategy leads the list with 205,000 bitcoins worth over $12.5 billion, after purchasing an
Billionaire Peter Thiel-backed cryptocurrency exchange Bullish Global confidentially filed paperwork with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) on June 11, 2025. Bullish, which launched in 2021 with a $10 billion valuation and primarily serves institutional clients, aims to capitalise on favourable market
