News with the tag "Armani Ferrante"

The ownership of FTX EU has become a point of contention between Backpack Exchange and the FTX estate.

FTX says that Backpack has not been authorized to return funds to creditors despite the Solana exchange saying it would take over creditor repayments from FTX.

Backpack EU will be responsible for distributing court-approved FTX bankruptcy claims to FTX EU customers as part of the acquisition.

A group of former employees from FTX and Alameda Research has successfully raised $17 million to launch a cryptocurrency exchange called Backpack, according to a Bloomberg report. Based in Dubai, Backpack extends beyond a traditional exchange to offer a crypto wallet and an NFT collection named Mad ...

The cryptocurrency exchanges offers a self-custody solution that integrates a multiparty computation technique to secure funds.

Can Sun, the former general counsel of FTX who became a key witness in the criminal trial of ex-FTX CEO Sam Bankman-Fried, is behind a new exchange launching in beta later this month and hoping to sell a 10% stake to investors at a 100 million valuation, according to the Wall Street Journal. Backpac...

Web3 digital wallet company Backpack is rolling out its own cryptocurrency exchange after being issued a license in Dubai.