News with the tag "Backpack Exchange"

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

Backpack Exchange, a crypto trading platform founded by former FTX and Alameda Research employees, is acquiring FTX EU for $32 million. According to a new announcement from the European-based crypto exchange and wallet Backpack, the exchange has bought out the European arm of FTX. “Backpack has acqu...

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

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