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FTX to distribute $900M to creditors in fifth payment round

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The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from their funds.

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Coin Market

What Democrats’ US midterm sweep means for the CLARITY Act

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The CLARITY Act faces a new test as Democrats control Congress, raising questions over consumer protections, ethics and what the crypto industry may have to concede.

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Ethereum devs won’t fork Glamsterdam on Hoodi until smart contract risks resolved

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Ethereum developers are investigating concerns tied to eight smart contract invariants tied to Glamsterdam’s EIP-8037 and EIP-8038.

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Nigeria sets new crypto licensing rules, bans algorithmic stablecoins

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Nigeria has banned algorithmic stablecoins and introduced reserve requirements for issuers as it expands central bank oversight of crypto payment services.

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