Crypto Daily Digest - June. 29th | FTX, Hope is on the Horizon

FTX announced that the Bankruptcy Court has set September 29th, 2023 at 4pm ET as the deadline (also known as Customer Bar Date) for FTX customers to file proofs of claim for customer claims. The FTX Debtors are finalizing an online claims portal at https://claims.ftx.com, which is expected to be launched on July 3rd.

On June 26th, FTX current management said they have secured and recovered about $7 billion in liquid assets.

According to a court filing on June 22 in the Delaware Bankruptcy Court, FTX’s consultant Alvarez & Marsal released a list of “363 Sales Parties”. It means entities interested in part or whole for the restart of FTX 2.0 and were contacted and signed a non-disclosure agreement seeking more details about the restructuring and reboot of the exchange.

Notable names in the 363 Sales Parties include Nasdaq, Ripple Labs, Galaxy Digital, BlackRock, Tribe Capital, Robinhood, NYDIG, and OKCoin.

Biggest Gainers & Losers

Headlines

FTX Customers Need to File Proofs of Claim by September 29th

Coinbase Files Answer to SEC's Lawsuit, Says SEC Has No Jurisdiction Over Cryptos on Its Platform

Hot projects on the market

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Other news in case you missed it:

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Fundraising

DeFi Protocol AlloyX Closes $2 Million Pre-Seed Round with Circle Ventures Involved

Mind Network Closes $2.5 Million Seed Round with Binance Labs Involved