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Backpack announces acquisition of FTX EU and its MiFID II license #Backpack Exchange will oversee the distribution of the court-approved #FTX bankruptcy claims to #FTXEU users. Backpack's priority is to facilitate the return of all customer EURO funds on behalf of the FTX estate, followed by launching a comprehensive range of spot, margin, and futures trading products. Additionally, Backpack obtained a MiFID II license to support its global expansion and services across the EU, building on its earlier acquisition of a key license from the Dubai Virtual Assets Regulatory Authority. 👉 x.com/Backpack/status/1876549869055431010
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Daily Summary on January 7, 2025 $AI16Z $HBAR $BTTC $HYPE $WLD #BTC #ETH $SOL $DOGE $SUI #dailysummary #DeFi #Crypto
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MAJOR UPCOMING EVENTS IN JANUARY #DuskNetwork $DUSK #PrimexFinance $PMX #Cronos $CRO #Nosana $NOS #Solana $SOL #OpenSea #Abstract #Aave $AAVE #Hathor $HTR #Filecoin $FIL #NFPrompt $NFP #ScriptNetwork $SCPT #Celo $CELO #Gelato $GEL #Fantom $FTM
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Primex Finance project overview #Primex is a leveraged trading and yield farming protocol enabling margin trading of new tokens on DEXs while maximizing APYs through popular #DeFi strategies using lender liquidity. #PrimexFinance uses $PMX as a utility and governance token of its protocol. The initial allocation of 1 billion $PMX tokens will be distributed among the community, treasury, team, advisors, and strategic investors. $PMX Token utilities : 🔸Protocol fee payments: Discounts for paying protocol fees in $PMX 🔸Keeper rewards: Users can earn $PMX as a reward for performing Keeper duties. 🔸Liquidity mining incentives: Users receive $PMX tokens as rewards for participating in liquidity mining. 🔸Buckets and pairs listing: A $PMX fee is paid to add a new trading pair. 🔸Treasury buybacks: $PMX is used for buybacks, supporting the protocol's treasury. 🔸Tiered access: Unlocking $PMX-based tiers provides enhanced benefits and privileges. 🔸RWA minting access: $PMX staking allows access to markets that are not available to retail investors. 🔸Special trading and farming: Users can access exclusive assets and leverage opportunities. 👉 primex.finance/
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MicroStrategy acquires additional 1,070 $BTC #MicroStrategy announces acquisition of 1,070 $BTC for $101M at approximately $94,004 per #Bitcoin . MicroStrategy holds 447,470 $BTC acquired for around $27.97B at $62,503 per Bitcoin. By continuing to grow its Bitcoin holdings, the company maintains its status as a major force in the cryptocurrency market, drawing interest from investors and industry analysts. MicroStrategy is a development company that provides business intelligence, mobile software and cloud-based services. 👉 x.com/saylor/status/1876253178100117907
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