Cointime

Download App
iOS & Android

Cointime News Wrapup-Afternoon: Bankrupt FTX Recovers US$7.3 Billion in Assets, Considers Resurrection of Operations

Cointime Official

To smooth and facilitate the reading experience for all users, we hereby compose this wrapup, especially for users who cannot check out what’s going on in a timely manner.

Highlights:

1. G7 Countries Discuss Crypto Regulation and Support for Developing Nations' Central Bank Digital Currencies

2. zkRollup Project INTMAX Raises About 650 Million Yen in Seed Round

3. Stabolut Launches USB, a Bitcoin-Backed Stablecoin Aimed at Providing a Fully Decentralized, Dollar-Pegged Option

4. China Fines Bitmain $3.6 Million for Tax Violations, Report

5. Bankrupt FTX Recovers US$7.3 Billion in Assets, Considers Resurrection of Operations

6. Crypto VC Funding Hits 2-year Low, US Firms Still Favorite: Galaxy Research

7. Bitcoin Outflows Reached $368M in Second Week of April

8. Musk Says Twitter Could Become Cash-Flow Positive This Quarter

9. Fintech Plotting EU Mobile-Payments Revolution Expands Abroad

10. NFT Project Azuki Regains Control of Hacked Instagram Account, Meta Investigating

Stay with Cointime for the latest news in the web3 world.

Comments

All Comments

Recommended for you

  • The Israeli military says it has dropped more than 6,500 munitions in its strikes against Iran.

    Israeli military stated that since the outbreak of the war, the Israeli Air Force has dropped more than 6,500 munitions in strikes against Iran. The Israel Defense Forces said that Air Force fighter jets have carried out a total of 2,500 combat missions and launched 150 separate strike waves. The military said that as the war enters a new phase, it is currently intensifying strikes on Iranian regime targets within Tehran and increasing attacks on weapons production facilities across Iran — including those used to manufacture missiles and launch devices. Military officials stated that the Israel Defense Forces plan to continue operations within Iran in the coming weeks, and if necessary, the operations will last longer.

  • BTC falls below $68,000

     market shows BTC has fallen below 68,000 USD, currently at 67,797.17 USD, a 24-hour decline of 4.35%, with significant market fluctuations, please manage risk accordingly.

  • Iran claims a U.S. oil tanker was attacked near the Kuwaiti border.

    according to CCTV News, a spokesperson for the Central Command of Iran's Armed Forces Hatem al-Anbiya stated that a US oil tanker was attacked in waters near the Kuwait border and is currently burning. The US and Kuwait have not responded to this so far. (Jin10)

  • Mitsubishi UFJ Financial Group, in conjunction with Mizuho Bank and Sumitomo Mitsui Banking Corporation, is jointly advancing a Proof-of-Concept (PoC) for a yen-pegged stablecoin.

    according to the latest disclosure, Japan's Mitsubishi UFJ Financial Group (MUFG), with assets totaling $3 trillion, announced two strategic advancements:

  • ETH falls below $2100

    the market shows ETH fell below $2100, currently at $2099.94, with a 24-hour increase of 4.78%. The market is highly volatile, please manage your risk accordingly.

  • BTC breaks through $69,000

     the market shows BTC breaking through $69,000, currently at $69,021.49, with a 24-hour increase of 1.15%. The market is highly volatile, please manage your risk accordingly.

  • Spanish Foreign Minister: Not worried about any consequences of refusing US access to military bases

     on March 3 local time, Spanish Foreign Minister Alvarez defended the Spanish government's refusal to provide the Rota and Moron military bases to the United States for participation in attacks on Iran. Alvarez stated that the operation initiated by the United States and Israel is not supported by the United Nations and is not part of the bilateral agreements allowing the use of the aforementioned Spanish sovereign military bases. Alvarez also said that the Spanish government is not concerned that this stance will have any consequences. Alvarez stated: "The position of the Spanish government represents the will of the vast majority of the Spanish people as well as the vast majority of people worldwide, which is to defend the UN Charter, respect international law, and believe that cooperation is always more powerful than confrontation."

  • Spot gold plunges nearly $100 in the short term.

     spot gold plunged nearly 100 dollars in a short time, spot gold fell below 5170 dollars/ounce, with a daily decline of 2.94%. 

  • BTC falls below $67,000

    the market shows BTC fell below $67,000, currently at $66,996.93, with a 24-hour increase of 1.18%. The market is highly volatile, please manage your risk accordingly.

  • ETH breaks $2,000

    the market shows ETH breaking through $2000, currently at $2001.64, with a 24-hour increase of 2.89%. The market is highly volatile, please manage your risks accordingly.