Reaches
FTX Bahamas Unit Reaches Agreement With U.S. Team on Pooling, Distributing Assets
Once the courts have agreed, FTX Digital Markets will take the lead in the realization of real estate and other assets in the Bahamas and FTX Debtors will take the operational lead in “all other recovery activities including any sale transaction involving the FTX.com exchange and realisation of intellectual property.” Source link
Cardano’s ADA Jumps 17% as Value Locked on Cardano DeFi Ecosystem Reaches $450M
The total value locked (TVL) of all Cardano-based projects jumped to over $440 million late earlier this week, crossing a previous peak of $330 million set in April. Most growth seemingly occurred over the past week, with lending protocol Indigo and on-chain exchange Minswap seeing their TVL surge by over 50% to nearly $100 million…
COP28: Clash over the future of fossil fuels reaches fever pitch
COP28 president Sultan Ahmed Al Jaber leading a plenary session Sean Gallup/Getty Images Hopes of a strong stance from COP28 president Sultan Ahmed Al Jaber on phasing out the production and use of fossil fuels have been dashed at the climate summit in Dubai, United Arab Emirates. A draft agreement on the world’s approach to…
EU reaches provisionap deal on AI Act, paving way for law
Following a round of intense negotiations this week, lawmakers in Brussels have now reached a “provisional agreement” on the European Union’s proposed Artificial Intelligence Act (AI Act). The EU’s AI Act is anticipated to be the world’s first comprehensive set of rules to govern AI and could serve as a benchmark for other regions looking…
Bitcoin, Ether Options’ Value on Deribit Reaches Record High of $23B
At press time, most open interest in bitcoin and ether options was concentrated in call options. In bitcoin’s case, a large concentration of open interest is seen in calls at $50,000, $40,000, and $45,000 strikes. In ether’s case, calls at $2,300, $2,400, $2,500 and $3,000 are the most popular. Source link