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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Funding Roundup: Crypto companies raised $823M in September
Funding Roundup: Crypto companies raised $823M in September

Thirty-three DeFi companies announced raises last month, data from the TIE terminal shows

Blockworks·2024/10/07 02:24
US bankruptcy judge approves FTX reorganization plan, two years after the exchange's collapse
US bankruptcy judge approves FTX reorganization plan, two years after the exchange's collapse

Quick Take About 94% of creditors in the “dotcom customer entitlement claims” class who returned their ballots — representing about $6.83 billion in claims by value — voted in favor of the reorganization plan. However, the plan garnered criticism from Sunil Kavuri, a representative of the largest FTX creditor group. Kavuri said the estate should pay out crypto in kind, rather than the dollar value.

The Block·2024/10/06 16:00
Flash
  • 21:06
    CME's XRP Futures Reach $19 Million in Trading Volume on First Day
    CME Group launched XRP futures on Sunday, marking its fourth cryptocurrency product following Bitcoin, Ethereum, and Solana. CME reported that the nominal trading volume on the first day exceeded $19 million. XRP futures offer micro contracts (2,500 XRP) and large contracts (50,000 XRP), both cash-settled and anchored to the CME CF XRP-USD reference rate. Solana futures went live in March with a first-day trading volume of $12.3 million. Hidden Road cleared the first XRP futures trade, and its president, Noel Kimmel, stated, "This is a significant milestone for Hidden Road and marks the continued institutional adoption of digital assets."
  • 20:24
    Spot Gold Breaks Through $3,290/Ounce
    Spot gold breaks through $3,290 per ounce, rising over $60 within the day.
  • 20:24
    BTC surpasses 107,000 USD
    Market data shows that BTC has surpassed $107,000, currently reported at $107,038.22, with a 24-hour increase of 1.44%. The market is highly volatile, so please ensure proper risk management.
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