Drift has begun processing recovery claims for users hit by its April 1 exploit, but the first cash payouts cover barely more than 1 percent of verified losses. The Drift Foundation opened claims and redemptions for DFX on October 1, 2026. DFX is a fixed-supply… Read More
Read more in: Blockchain & Digital Assets | Tagged Drift, recovery, tether, usdt
The estate of the collapsed crypto exchange FTX is set to release approximately $900 million to eligible claimants in what represents its fifth major wave of repayments. This development, detailed in a recent announcement, highlights the continued progress in addressing obligations stemming from the exchange‘s… Read More
Read more in: Blockchain & Digital Assets, Investment Platforms and Marketplaces, Politics, Legal & Regulation | Tagged bankruptcy, crypto exchange, ftx, payouts, recovery
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