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Backpack Exchange, founded by former FTX and Alameda employees, has received approval from the Cyprus Securities and Exchange Commission and the FTX Bankruptcy Court to formally acquire FTX EU. Backpack Exchange will be responsible for distributing the bankruptcy claims of FTX EU users previously approved by the court. The exchange, valued at $120 million in its Series A funding round in early 2024, has been granted Dubai VARA and European Union MiFID II licenses. Scheduled to go live in Quarter...
On August 30th, Adot (a.xyz), a decentralized AI search network founded by former Google engineers, announced a strategic cooperation with Aptos and received its strategic investment. Previously, Adot has raised a total of 6 million US dollars through pre-financing rounds. These early investors include gumi Cryptos Capital, Hash Global, SevenX Ventures, Mask Network and other investment institutions and individual investors. Adot has posted a video of cooperation with Aptos on official social me...
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