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Solana-based DEX Mango Markets to Wind Down Operations

Solana-based DEX Mango Markets to Wind Down Operations

Mango Markets will wind down operations starting today, January 13th, following last year’s SEC settlement and the ensuing battle within the Mango DAO.

 Hassan Maishera
FTX EU Acquired by Backpack Exchange, Plans to Launch Crypto Derivatives Across the EU

FTX EU Acquired by Backpack Exchange, Plans to Launch Crypto Derivatives Across the EU

Backpack Exchange has acquired FTX EU, with plans to distribute bankruptcy claims and introduce crypto derivatives, including perpetual futures, across the European Union in 2025.

 Nikolas Sargeant
USDT’s Market Cap Dips 1.2% Following MiCA Full Implementation

USDT’s Market Cap Dips 1.2% Following MiCA Full Implementation

Tether USDT’s market cap lost 1.2% of its value yesterday following MiCA’s full implementation in Europe, with some exchanges delisting the stablecoin from their platform.

 Hassan Maishera

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