December 26th, 2025
Amid concerns about funds safety in exchanges, users have been advised to manage their digital assets using self-custodial wallets.
SRM was originally scheduled to have a maximum supply of nearly 10.1 billion tokens, but the DEX’s collapse ruined the plans.
Reducing mining difficulty leads to a decline in the network’s overall hashing power. This change can benefit smaller miners, who will face less competition and potentially return to profitability.
The impact of the liquidation was more severe on long traders, who incurred losses of nearly $34 million, compared to short traders who lost just over $17 million.
Leaked emails obtained by The Wall Street Journal point towards SBF’s family playing a central role in a $100 million financial scandal involving misused company assets for political donations.
Gurbir Grewal, SEC’s Enforcement Director, said Silvergate failed to detect nearly $9 billion in suspicious transfers between FTX and its affiliates. Silvergate neglected its anti-money laundering duties and potentially allowed illegal activity.
Following the debate between Trump and Biden, PoliFi tokens, including Biden-theme cryptocurrency Jeo Boden (BODEN), turned volatile.
The company said it arrived at this decision after suffering significant losses resulting from third-party hedge fund managers who held Yield App assets in custody on the collapsed exchange FTX.
“When FTX collapsed, we saw the opportunity,” said Bybit co-founder and CEO Ben Zhou, referencing the downfall of Sam Bankman-Fried’s once-dominant exchange.
JPMorgan analysts suggest that these cash repayments could positively influence the crypto market, as crypto-friendly creditors are likely to reinvest their funds back into cryptocurrencies.
CoinShares International, a leading digital assets investment company based in Europe, has announced the successful sale of its claim against the now-defunct cryptocurrency exchange FTX.
The filing also reflected the sentiments of many FTX customers who feel disillusioned, viewing the bankruptcy process as a “second act of theft”.
Favorable regulatory changes, such as the approval of spot Bitcoin ETFs, have contributed a lot to fueling this trend.
FTX will repay customers over 100% of their original holdings but using the lower crypto prices from November 2022, drawing criticism for undervaluing customer holdings due to market volatility.
Maple Finance also introduced the Syrup (SYRUP) token, which allows holders to stake in and participate in the ecosystem.