Saturday, February 24, 2024

FTX agrees to sell FTX Europe back to its founders for $32.7M, drops a lawsuit seeking back $323M it had spent to acquire the startup originally called DA AG (Dietrich Knauth/Reuters)

Dietrich Knauth / Reuters:
FTX agrees to sell FTX Europe back to its founders for $32.7M, drops a lawsuit seeking back $323M it had spent to acquire the startup originally called DA AG  —  Bankrupt crypto exchange FTX has settled a lawsuit that sought to claw back $323 million that it had spent acquiring a European startup …



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Tether's USDT stablecoin is set to return to the Bitcoin network through Tether-backed Utexo, which will keep most transaction data off Bitcoin's public ledger (CoinDesk)

CoinDesk : Tether's USDT stablecoin is set to return to the Bitcoin network through Tether-backed Utexo, which will keep most transac...