
Decrypt
Customers affected by FTX's collapse are monitoring SpaceX's post-IPO performance, hoping for increased recoveries from the bankruptcy proceedings. FTX's estate has distributed $10.3 billion to customers, with projections indicating potential surplus for creditors, including from FTX's investment in SpaceX via K5 Global.
LATEST NEWS

Coindesk
Nasdaq has been granted conditional approval to list cash-settled bitcoin index options under the ticker QBTC, tracking the CME CF Bitcoin Real Time Index. These options will eliminate operational barriers and allow for precise hedging and more affordable volatility trading.

Coindesk
Emmer's support for the Blockchain Regulatory Certainty Act highlights the ongoing bipartisan momentum in crypto legislation despite Washington's uncertainty. He emphasized the need for clearer rules to keep the U.S. competitive globally, framing crypto policy as a bipartisan concern.

Decrypt
Over $204 million worth of Bitcoin was transferred from Trump Media & Technology Group to Crypto.com addresses. The purpose of the move remains undisclosed, but it often precedes asset sales.

Decrypt
Traders outside the U.S. can now access crypto derivatives linked to ICE's energy benchmarks through OKX, expanding regulated global commodity market access. OKX's perpetual futures are tied to ICE's Brent and WTI oil futures prices, allowing speculation around the clock on critical oil markets.

Protos
Solana's Alpenglow upgrade faced issues during the live testnet launch, with bugs in TowerBFT and proof-of-history causing the migration to break. Despite the setbacks, Anza engineers successfully fixed the errors for a second attempt at the migration.

Decrypt
An estimated $700,000 was exploited from Polymarket's internal rewards wallet, not affecting user funds or market outcomes. The incident involved a private key compromise, not a flaw in the platform's core systems, according to on-chain security experts.

Decrypt
NEAR Protocol's token surged 28% in the past 24 hours, with a weekly rally of nearly 45% following announcements on privacy, AI, and scalability. The project's recent product launches include confidential treasuries, AI anonymization, and network scaling upgrades.

Coindesk
Ark Invest has been consistently adding Bullish (BLSH) stock to its ETFs, with a recent purchase of $5 million on Thursday. Cathie Wood's investment manager has acquired $12.5 million worth of BLSH shares since Monday, taking advantage of recent price declines.

Coindesk
Polymarket, the decentralized betting platform, is inaccessible in India following a government directive to block prediction markets. The Indian government has taken a prohibitive stance on online money gaming, leading to restrictions on platforms like Polymarket and potentially Kalshi.

Decrypt
Glassnode's research reveals that over 6 million Bitcoin, or 30.2% of the supply, are at risk of theft from potential quantum computer attacks. The exposed coins are categorized as structurally or operationally vulnerable, with exchanges holding a significant portion of the operationally unsafe Bitcoin.