Customers of the collapsed cryptocurrency exchange FTX are set to recover all of the money they lost in the company's 2022 collapse, and even receive interest on top of it, with a new proposed reorganization plan suggesting 98% of creditors will get back 118% of their claims in cash.
Digital banking platform Revolut, which has over 40 million users globally, has unveiled Revolut X, a standalone cryptocurrency exchange aimed at professional traders that sees the firm start competing with leading cryptocurrency exchanges.
Quantitative trading giant Susquehanna International Group has invested over $1 billion in Bitcoin exchange-traded funds (ETFs) during the first quarter of 2024, according to a 13-HR filing with the Securities and Exchange Commission (SEC).
Top stories in the Crypto Roundup today:
- FTX Creditors to Receive 118% Cash Payout
- Revolut Launches Dedicated Crypto Exchange for Experienced Traders
- Trading Giant Susquehanna Bets Over $1 Billion on Bitcoin ETFs
- Chart of the Week: Grayscale Sees First Daily Inflow Since ETF Launch