Rabu, 05 Februari 2025

FTX to repay first creditor group; ‘retroactive relief’ for past coin offerings


	View in browser

Your Daily Digest of the 🔥Hottest News in Crypto

Today's top stories:

💰 FTX to repay first creditor group

👉 SEC: 'retroactive relief' for past coin offerings

📺 Interview w/ Altcoin Daily: Will Trump Pump or Dump Crypto?

📰 Keep reading to find out about all of today's top stories and more

FTX's Bahamas arm to repay first creditor group starting on Feb. 18

FTX Digital Markets, the Bahamian arm of FTX, will begin repaying creditors who lost access to their funds when the cryptocurrency exchange collapsed in November 2022.

According to a Feb. 4 X post from FTX creditor Sunil Kavuri, FTX Digital Markets will begin distributing funds based on claims from "convenience class" creditors starting on Feb. 18. The distribution notice provided by Kavuri showed that FTX users claiming under $50,000 could expect "100% of [their] adjudicated claim value" as well as 9% interest per annum since November 2022.

Get the Full Story

SEC is evaluating 'retroactive relief' for past coin offerings

SEC Commissioner Hester Peirce said on Feb. 4 that the agency is reconsidering whether certain types of crypto assets are securities.

The US Securities and Exchange Commission is carving out a new path for the cryptocurrency sector, including evaluating the security status of crypto assets and potentially providing "retroactive relief" for certain token offerings.

According to a Feb. 4 statement issued by SEC Commissioner Hester Peirce, the White House's newly announced Crypto Task Force will use its tools to provide better regulatory clarity for digital assets — something the commission was criticized for failing to do under ex-Chair Gary Gensler.

[AD]

🎮 Power Up Your Gaming News Experience!

Tired of clickbait and fluff?

Gaming.News is here to cut through the noise with real, in-depth reporting on everything from console wars to esports showdowns. No gimmicks, no hype—just timely, high-quality gaming journalism that keeps you ahead of the game.

🔹 Expert analysis & industry trends
🔹 Deep dives into Web3 & blockchain gaming
🔹 Honest reviews, guides & walkthroughs

Why scroll through endless headlines when you can get all the gaming news that matters, in one place?

Hit start at Gaming.News 🚀

Let's Go

Time for a Solana price rebound? SOL futures are mixed, but onchain looks bullish

Solana appears to be in the early stages of a recovery, and the network's steady adoption could support longer-term price growth.

Solana's native token, SOL, staged an impressive 22% rebound after testing the $180 support on Feb. 3. However, despite recovering to $215, SOL remains 27% below its all-time high on Jan. 19. This downturn has weighed on trader sentiment, as indicated by the SOL futures market, where a key sentiment gauge has dropped below the neutral threshold.

[AD]

Protect Your Crypto with Trezor – Get 10% Off!

Keep your digital assets safe with Trezor, the trusted hardware wallet for top-tier security. For a limited time, save 10% on your purchase with the code COINTELEGRAPH10.

Don't miss out on this chance to boost your crypto protection!

Find Out More

MAGAZINE

Ethereum game Moonray to launch on Xbox and PS5: Web3 Gamer

Blockchain games won't reach mass adoption without Xbox and PlayStation, mini-shooter Blast Royale game review, and more.

Keep Reading

Will Trump Pump or Dump Crypto? | Interview with Altcoin Daily

Altcoin Daily's Austin Arnold joins us to break down the 2025 bull market, Trump's impact on crypto, and what's next for Bitcoin and altcoins. Will Solana and ETFs lead the way?