Tag: crypto exchange
Former FTX, Alameda Research Employees Secure $17M for Backpack Crypto Exchange
A group of former FTX and Alameda Research employees have raised $17 million to develop Backpack, a new crypto exchange. With a Series A round valuing the startup at $120 million, Backpack aims to fill the void left by the collapse of previous industry giants. Led by experienced figures from FTX and Alameda Research, the project signals a new chapter in the crypto exchange landscape.
OPNX Crypto Exchange, Linked to Founders of Three Arrows Capital is Shutting Down
Launched by founders of defunct Three Arrows Capital, centralized exchange OPNX announces closure this month. Users advised to close positions and withdraw funds by February 14th. Founders reportedly shifting focus to new on-chain derivatives platform OXFUN.
Binance Co-Founder He Yi Holds 10% Stake, Stays On Despite DOJ Pressure
He Yi, the co-founder and chief marketing officer of Binance, holds at least 10% of the company’s shares, according to a report by The Wall Street Journal. She has been a key player in Binance’s global expansion and public relations, as well as its controversies.
