Business
Backpack Exchange Acquires FTX's European Division Amid Crypto Market Expansion
Backpack Exchange has purchased FTX's bankrupt European arm for $32.7 million, positioning itself as a regulated provider of crypto derivatives in Europe.
Crypto
Celebrating a Decade of BitMEX: Insights from Its CEO on Market Gratitude for the Perpetual Swap
BitMEX's CEO expresses appreciation for the widespread adoption of the perpetual swap as a core financial instrument in the cryptocurrency market, reflecting on its impact over the past decade.
Crypto
Derive Protocol Surpasses $100 Million in Total Value Locked as Bitcoin Investors Dive into Options Trading
An analysis reveals significant activity on the Derive platform amid growing interest in cryptocurrency derivatives.
Finance
Institution Places $25 Million Hedge Bet on Bitcoin as Election Approaches
A notable institution has set up a significant hedging strategy in anticipation of Bitcoin's performance post-U.S. election.
Crypto
ONDO Surge as BlackRock Explores New Collateral Options for Derivatives Trading
The ONDO governance token sees significant gains as BlackRock reportedly considers listing its tokenized money market fund as collateral on major exchanges.
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