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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Vitalik Buterin and the Ethereum Foundation back Etherealize, a NYC-based startup to market Ethereum to financial firms, as ether lags behind bitcoin's gains (Muyao Shen/Bloomberg)

Muyao Shen / Bloomberg : Vitalik Buterin and the Ethereum Foundation back Etherealize, a NYC-based startup to market Ethereum to financia...