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FTX says Backpack acquisition of EU arm has not been approved by court

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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.

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Coin Market

Kraken parent Payward closes Bitnomial deal to expand US crypto derivatives

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The acquisition provides a fully licensed derivatives stack under CFTC oversight, covering trading, clearing and brokerage.

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Coin Market

Bitcoin mining stocks climb in 2026 as BTC lags behind

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All major mining stocks are up in 2026, with gains of up to 85% as Bitcoin remains down on the year.

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Coin Market

A16z sides with CFTC against states seeking to ban prediction markets

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Venture capital firm a16z argues that state crackdowns on platforms like Kalshi and Polymarket conflict with federal law and hurt market access for ordinary users.

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