FTX Creditors to Receive Over $5B Starting May 30

The FTX Recovery Trust has announced it will begin disbursing more than $5 billion to creditors from May 30. This payment round marks the second distribution to eligible parties as the firm continues its efforts to reimburse those affected by its collapse. Repayment Efforts In a May 15 release, the company’s bankruptcy estate categorized creditors…

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Webull Pay Taps Coinbase for Crypto Trading, Custody Infrastructure

Coinbase will provide cryptocurrency trading, custody, and staking services to Webull Pay through its Crypto-as-a-Service (CaaS) platform starting in June 2025, the two companies announced Friday. Coinbase to Provide Backend Crypto Services for Webull Pay Under the agreement, Webull Pay gains access to Coinbase’s institutional-grade infrastructure, including custody solutions, advanced trading systems, and support for…

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Former Coinbase Germany CEO Joins LUKSO, Aims to Break Big Tech’s Grip on Creator Autonomy

Jan-Oliver Sell, the former Managing Director of Coinbase, Germany, made the case for LUKSO, a layer 1 blockchain designed to revitalise the creative economy, in an interview on 15 May 2025, “Centralised platforms are closed systems. They control who sees what, how creators earn, and what features are allowed,” he said. LUKSO, a decentralised platform,…

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Analyst Says Top-20 Altcoin Primed To Explode by 85%+ Eventually, Updates Outlook on Bitcoin and dogwifhat

A widely followed crypto analyst says that one top-20 altcoin will eventually skyrocket by 85% while updating his outlook on Bitcoin (BTC) and the meme asset dogwifhat (WIF). In a new thread, crypto trader Altcoin Sherpa tells his 245,800 followers on the social media platform X that layer-1 blockchain Hyperliquid (HYPE) is a standout digital…

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