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On March 12, Founder Securities announced that the seventh meeting of the fifth board of directors of the company agreed to sign the "Equity Sale and Purchase Agreement on 85.01% Equity of Credit Suisse Securities (China) Co., Ltd." with UBS and Beijing State-owned Assets Company, and sold the 49% equity of Credit Suisse Securities held by the company to Beijing State-owned Assets Company for 885 million yuan. On March 12, 2025, Credit Suisse Securities received the "Approval on the Change of Ma...
FTX creditors' representative Sunil revealed that many FTX claims users are currently from jurisdictions that are temporarily unable to participate in the distribution, including Russia, China, Egypt, Nigeria and Ukraine. FTX is reviewing relevant solutions. Among them, China has the largest number of users, accounting for 8% of the total number of customers.
FTX creditor representative Sunil revealed that users in five regions including Russia, China, Egypt, Nigeria and Ukraine are temporarily unable to participate in FTX bankruptcy estate distribution. Among them, China has the largest number of users, accounting for 8% of the total number of FTX users. FTX is reviewing relevant solutions.
On behalf of Sunil, FTX creditors issued a document on the X platform saying that FTX creditors' compensation of less than 50,000 US dollars has been paid at 10:00 Eastern Time, and some payments have been successfully completed. You can visit the account for inquiry.
Investment-grade credit investors expect the ECB to cut interest rates slightly less than high-yield credit investors, according to the Bank of America Credit Investor Survey. As many as 41 percent of investment-grade credit investors expect the ECB's deposit rate to end at 2 percent and 37 percent of high-yield credit investors expect it to end at 1.75 percent, the survey showed. Bank of America analysts expect deposit rates to fall to a low of 1.5 percent by September. The ECB's deposit rate c...
On February 14, FTX creditors disclosed on behalf of Sunil that FTX has sent an email notification to customers who have not met the requirements for the first round of asset allocation. Customers who failed to participate in the first round of distribution on February 18, 2025 include: customer claims under review, customers with claims over $50,000, and customers who have not completed KYC, tax and distributor related requirements. These customers will be included in the subsequent distributio...
February 14th news, market experts analysis, the growth rate of social financing scale continued to maintain a relatively fast level of 8%, on the one hand, thanks to the rapid growth of loans on the balance sheet, the RMB loans issued to the real economy in January increased by 379.30 billion yuan year-on-year; on the other hand, the government bond issuance speed has also formed an important support, the net financing of government bonds in January 693.30 billion yuan, more than 398.60 billion...
On February 8th, according to the news from FTX creditors on behalf of Sunil, FTX has sent an email to creditors less than $50,000 to notify them of the initial distribution of funds. These creditors need to register with a distribution service provider (such as Bitgo or Kraken) and authorize the service provider to receive and pay the distribution funds on their behalf. At present, FTX has transferred the first batch of funds to these distribution service providers. At the same time, some credi...
FTX creditors disclosed on behalf of Sunil on X that it has determined that FTX repayments will begin at 10:00 a.m. ET on February 18, 2025, and will be paid to creditors with claims of less than $50,000. The repayment distribution amount will include 100% of the awarded claim value (capped at $50,000), as well as an additional amount of compensation from the awarded claim value from the reference date of November 11, 2022 to 9.0% annual interest after the initial distribution date.
In the third quarter of 2024, the proportion of active credit card holders paying only the minimum payment rose to 10.75%, the highest since 2012.
The Securities Exchange Commission has endorsed Canary Capital's 19b-4 filing for its spot Litecoin ETF.
Creditcoin, the L1 blockchain focused on the RWA space, has announced the launch of the $10 million Ecosystem Investment Program through Credit Labs, which aims to accelerate innovation within the Creditcoin ecosystem by providing $25,000 to $250,000 in equity investments to entrepreneurs, developers, and companies. Applications will open today.
专注于RWA领域的L1区块链Creditcoin宣布通过Credit Labs推出1000万美元生态系统投资计划，该计划旨在通过为创业者、开发者和公司提供 25,000 美元至 250,000 美元的股权投资来加速Creditcoin生态系统内的创新，申请将于今日开放。
Tim Copelan, editor-in-chief of TheBlock, wrote on the X platform that perhaps Ethereum should become Solana's L2. Previously, many industry insiders expressed their dissatisfaction with the Ethereum L2 route, believing that all efforts should be made to expand L1, but long-term expansion still needs more solutions. Vitalik Buterin even updated his X avatar to Milady 9286 to "save Ethereum".
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