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The next round of FTX's compensation distribution is expected to start around September 30th.

2 days ago

On July 24th, as per Reuters, FTX declared that for the holders of approved Class 5 Customer Equity Claims and Class 6 General Unsecured Claims (as defined in the Plan), as well as those holding Convenience Claims that were approved since the previous record date but have not yet been allocated, the anticipated record date for the next distribution is August 15, 2025. The next distribution is expected to commence around September 30, 2025. This next distribution will be facilitated by FTX's distribution providers, namely BitGo, Kraken, and Payoneer. FTX also announced that it has received authorization from the bankruptcy court to reduce the disputed claims reserve by $1.9 billion. The reserve will decrease from $6.5 billion to $4.3 billion, and the released cash will be distributed to the allowed claim holders in the next distribution.
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NYSE-listed company Mega Matrix has completed a $16 million private placement to enter the stablecoin race.

July 25th - Mega Matrix Inc., a company listed on the NYSE (NYSE: MPU), announced today that it has successfully completed a private placement financing of $16 million. This financing enables the official launch of the strategic transformation of its stablecoin asset allocation platform. This move indicates that the company is moving towards a more structured participation in the remodeling of the global digital financial infrastructure. The fundraising round attracted multiple blockchain-focused funds, which reflects the market's recognition of MPU's strategic transformation direction.

3 minutes ago

Trump: Yesterday Powell gave the impression that he may be preparing to cut interest rates

On July 25th, US President Trump said: The impression that Powell gave yesterday was that he might be inclined to cut interest rates. (Xinhua)

3 minutes ago

Vietnam Announces Launch of National Blockchain Platform NDA Chain

On July 25th, as reported by Cointelegraph, Vietnam has declared the initiation of the national blockchain platform NDA Chain. NDAChain is developed by the Vietnam National Data Association (NDA) and is operated by the Data Innovation and Development Center of the Vietnamese Ministry of Public Security. The platform adopts the Proof of Authority (PoA) consensus protocol and is equipped with zero-knowledge proof technology to enhance security. It has 49 public-private partnership validation nodes, with government agencies and companies like SunGroup, Zalo, and Masan participating in network security maintenance. This blockchain network will offer a decentralized trust layer for fields such as e-government, finance, healthcare, logistics, and education. Meanwhile, NDAChain will support the NDA DID decentralized identity solution for transaction counterparty identification and digital contract signing. The Vietnamese government stated that the NDA Key application will achieve instant ide

3 minutes ago

「ETH Edition MicroStrategy」 SharpLink Gaming Pre-market Gain Widens to 5.92%

On July 25th, based on market data, the "ETH Version Micro Strategy" of SharpLink Gaming saw its pre-market gain expand to 5.92%, and it is currently at 4.3% with a stock price of $24.33. SharpLink Gaming announced today that Joseph Chalom, a former BlackRock digital asset strategist, has joined as co-CEO.

3 minutes ago

SharpLink is pleased to announce that a former BlackRock Digital Assets Strategic Lead has joined as Co-CEO.

On July 25th, "ETH Version MicroStrategy", SharpLink Gaming announced that Joseph Chalom, who was formerly the Director of BlackRock Digital Asset Strategy, has joined as the Co-CEO. Joseph Chalom previously assisted in launching BlackRock's Bitcoin Spot ETF IBIT, BlackRock's Ethereum Spot ETF ETHA, and BUIDL (the first tokenized sovereign bond fund on Ethereum). SharpLink Gaming holds 360,800 ETH and ranks first in the institutional holdings list.

3 minutes ago

A certain Ethereum pre-mine address dormant for 10 years has been activated, containing 37 ETH

On July 25th, as monitored by Whale Alert, a dormant Ethereum pre-mine address that has been idle for 10 years has just been activated. This address contains 37 ETH, which is worth $139,895. In 2015, the value of this Ethereum was $11.

3 minutes ago