hodler

18 Mar 2026, 20:56

Binance Token Delisting Sparks Volatility And Sets Deadlines For Holders

Binance will delist eight tokens, causing immediate volatility and urgent deadlines for users. Users must manage open positions and withdrawals ahead of fixed phaseout dates in 2026. Continue Reading: Binance Token Delisting Sparks Volatility And Sets Deadlines For Holders The post Binance Token Delisting Sparks Volatility And Sets Deadlines For Holders appeared first on COINTURK NEWS .

18 Mar 2026, 20:30

Hong Kong’s RedotPay Targets $150M Pre-IPO Raise for US Listing

RedotPay is looking to raise $150 million in a pre-IPO round. The Hong Kong based stablecoin payment processor is targeting a $4 billion valuation. The plan is to lock in capital before a US public listing that could come as early as this year. What makes it interesting is the context . The company says it is already profitable and has no immediate pressure to raise. There has also been recent executive turnover. And yet the fundraise is moving forward anyway. Something is being set up here. Key Takeaways $150 Million Target: RedotPay is seeking fresh capital at a $4 billion+ valuation to support a U.S. IPO as soon as this year. Volume Surge: Annualized total payment volume (TPV) hit $10 billion in December, with year-over-year growth exceeding 300% . Institutional Backing: Existing investors include Coinbase Ventures and Circle Ventures , signaling strong infrastructure support despite executive turnover. RedotPay Deal Mechanics: Leveraging Unicorn Status RedotPay already pulled in $194 million across rounds in late 2025, including a $107 million Series B led by Goodwater Capital. The business generates over $150 million in annualized revenue facilitating crypto-to-fiat spending through traditional payment networks. The fundamentals are there. JPMorgan, Goldman Sachs, and Jefferies are reportedly lined up as underwriters. The $150 million raised here likely funds compliance infrastructure and market expansion ahead of the public debut. With RedotPay, stablecoins go further: pay with a card, send internationally with stablecoin rails, and move between local currency and stablecoins using multi-currency accounts and a P2P marketplace. See how RedotPay helps you spend, send, and access stablecoins in everyday… pic.twitter.com/WeLZFXkL2s — RedotPay Official (@RedotPay) March 17, 2026 The timing is deliberate. BlackRock keeps expanding Bitcoin exposure. Institutional appetite is returning. The window for crypto-adjacent IPOs is reopening and RedotPay is moving fast to capitalize on it. But there are real headwinds. At least five senior executives departed after less than a year. Multiple compliance leadership changes. And the company is currently pursuing a $4 billion valuation without a sitting CFO. Wall Street is getting selective about crypto IPOs. Compliance disclosures will be scrutinized hard. RedotPay has strong numbers to show. It also has some awkward questions to answer before the listing. What It Means for the Sector A $4 billion listing validates stablecoin payments as a standalone vertical and puts pressure on legacy fintechs to integrate or get left behind. Regional banks are already feeling it. Networks like Cari exist specifically because payment flows are bleeding toward crypto-native rails. For traders, this IPO is a bellwether. If underwriters sell the book at $4 billion despite the executive churn, it signals extreme hunger for crypto infrastructure exposure. If they struggle, it confirms that the compliance discount for offshore-originated firms is still steep and reprices every other private crypto unicorn eyeing a public exit. Discover : The best new crypto in the world The post Hong Kong’s RedotPay Targets $150M Pre-IPO Raise for US Listing appeared first on Cryptonews .

18 Mar 2026, 20:20

SEC Greenlights Nasdaq Rule Change, Clearing Path for Tokenized Securities Trading in US Markets

The U.S. Securities and Exchange Commission (SEC) has approved Nasdaq’s long-awaited rule change, allowing tokenized versions of stocks and ETFs to trade alongside traditional shares on the exchange. SEC Backs Nasdaq Plan to Integrate Blockchain Into Stock Trading Nasdaq’s proposal, first filed in Sept. 2025 and refined through multiple amendments, enables market participants to trade

18 Mar 2026, 20:20

From Coinbase to Ripple: The Biggest Crypto Cases Dumped by Trump's SEC

Under President Trump, the SEC has backed down from nearly all its fights with crypto firms. These are the biggest cases ended so far.

18 Mar 2026, 19:40

Historic FTX Creditor Repayment: $2.2 Billion Distribution Begins March 31

BitcoinWorld Historic FTX Creditor Repayment: $2.2 Billion Distribution Begins March 31 The FTX Recovery Trust has confirmed a landmark $2.2 billion creditor repayment scheduled for March 31, 2025, marking a pivotal moment in one of cryptocurrency’s most significant bankruptcy cases. According to official announcements, this initial distribution represents a crucial step toward resolving claims from the collapsed exchange’s extensive creditor base. The funds will reach creditors through established financial channels including BitGo, Kraken, and Payoneer within one to three business days. This development follows months of complex asset recovery efforts and legal proceedings that have captivated the digital asset industry. FTX Creditor Repayment Timeline and Process The March 31 distribution represents the first major creditor payment from the FTX bankruptcy estate. The FTX Recovery Trust, which manages the exchange’s remaining assets, has coordinated this complex financial operation. Creditors should expect fund transfers through their designated payment platforms beginning immediately after the scheduled date. Furthermore, the trust has outlined additional repayment phases for preferred shareholders later in 2025. This structured approach ensures systematic distribution according to bankruptcy court approvals and creditor classifications. Bankruptcy experts note this repayment process follows established protocols for major financial insolvencies. The court-supervised distribution prioritizes verified creditor claims based on their classification and documentation. Consequently, different creditor groups may receive payments according to varying schedules and percentages. The $2.2 billion figure represents the initial tranche rather than the total anticipated recovery amount. Additional distributions will follow as asset liquidation continues throughout the year. Cryptocurrency Exchange Bankruptcy Context The FTX collapse in November 2022 created unprecedented challenges for cryptocurrency markets and regulatory frameworks. At its peak, the exchange handled approximately $10 billion in daily trading volume. Its sudden failure left millions of customers and creditors facing substantial financial losses. Since then, the bankruptcy proceedings have involved recovering assets across multiple jurisdictions and legal systems. The current repayment announcement signals measurable progress in resolving these complex financial entanglements. Comparatively, other major cryptocurrency bankruptcies have followed different resolution timelines. For instance, the Celsius Network bankruptcy involved creditor repayments beginning approximately 18 months after filing. The Voyager Digital case required nearly two years before initial distributions. FTX’s accelerated timeline, while still substantial, demonstrates relatively efficient asset recovery efforts despite the case’s extraordinary complexity. Legal professionals attribute this progress to coordinated international cooperation among regulatory bodies. Asset Recovery and Liquidation Strategies The FTX Recovery Trust has employed multiple strategies to maximize creditor recoveries. These approaches include selling cryptocurrency holdings during favorable market conditions and pursuing legal claims against various counterparties. Additionally, the trust has recovered substantial amounts through clawback actions and settlement agreements. The following table illustrates key recovery categories: Recovery Category Estimated Value Status Cryptocurrency Holdings $3.4 billion Partially Liquidated Venture Investments $1.2 billion Ongoing Sales Real Estate Assets $300 million Market Disposition Legal Settlements $700 million Negotiations Ongoing These recovery efforts have enabled the substantial distribution now reaching creditors. The trust continues pursuing additional assets through various legal channels. Market analysts project total creditor recoveries could eventually reach significant percentages of original claims. However, exact recovery rates will depend on ongoing asset liquidation results and legal proceedings. Payment Platform Integration and Security The selected payment platforms—BitGo, Kraken, and Payoneer—provide distinct advantages for this large-scale distribution. BitGo offers institutional-grade cryptocurrency custody and transfer capabilities. Kraken provides established exchange infrastructure for digital asset distributions. Payoneer facilitates traditional fiat currency transfers for creditors preferring conventional banking channels. This multi-platform approach accommodates diverse creditor preferences and geographical requirements. Security measures for the distribution process include: Multi-signature authorization for all major transfers Blockchain monitoring for cryptocurrency distributions Bank-grade encryption for fiat transactions Identity verification protocols matching bankruptcy claim documentation Transaction limits to prevent systemic risks These security protocols ensure funds reach legitimate creditors while minimizing fraud risks. The trust has coordinated extensively with each platform to establish customized distribution procedures. Creditors should monitor their designated accounts for incoming transfers following the March 31 distribution date. Any discrepancies should be reported through established bankruptcy claim channels. Market Impact and Industry Implications The FTX repayment announcement carries significant implications for cryptocurrency markets and regulatory perspectives. Market observers note several potential effects: First, the distribution may increase cryptocurrency market liquidity as creditors receive previously frozen assets. Some recipients may choose to reinvest in digital assets, while others might withdraw funds entirely. Second, the successful distribution could improve institutional confidence in cryptocurrency bankruptcy proceedings. This precedent demonstrates that even catastrophic failures can follow orderly resolution processes. Third, regulatory bodies may reference this case when developing future frameworks for exchange insolvencies. Industry analysts emphasize that the FTX case represents a turning point for cryptocurrency regulation and investor protection. The relatively rapid asset recovery compared to traditional financial bankruptcies suggests cryptocurrency’s transparent nature can facilitate faster resolutions. However, the case also highlights the need for stronger safeguards before failures occur. Regulatory discussions now focus on preventing similar collapses through enhanced oversight and operational requirements. Creditor Experience and Communication The FTX Recovery Trust has established multiple communication channels to keep creditors informed throughout the distribution process. These include dedicated email updates, a secure online portal for claim management, and periodic court filings detailing progress. Creditors have received specific instructions regarding payment platform selection and verification requirements. The trust emphasizes that all communications will originate from official channels to prevent phishing attempts. Creditors should note several important considerations: Distribution amounts vary based on claim size and classification Tax implications differ by jurisdiction and should be reviewed with professionals Future distributions may occur as additional assets are liquidated Legal proceedings continue regarding certain contested assets Documentation requirements must be maintained for potential audits The trust has allocated resources to address creditor inquiries through designated support channels. Response times may vary due to the volume of claims, but systematic processing ensures equitable treatment. Creditors experiencing technical issues with payment platforms should contact those services directly, as the trust coordinates with but does not operate the distribution infrastructure. Conclusion The March 31 FTX creditor repayment of $2.2 billion represents a historic milestone in cryptocurrency bankruptcy proceedings. This distribution demonstrates that even catastrophic exchange failures can follow orderly resolution processes benefiting affected parties. The structured approach through multiple payment platforms ensures secure and efficient fund transfers to verified creditors. As additional distributions follow throughout 2025, the FTX case will continue shaping cryptocurrency regulation, investor protection standards, and industry recovery protocols. The successful execution of this creditor repayment reinforces the importance of transparent bankruptcy proceedings in maintaining market integrity. FAQs Q1: When will creditors receive their FTX repayment funds? The initial $2.2 billion distribution begins March 31, 2025, with funds typically arriving within one to three business days through BitGo, Kraken, or Payoneer, depending on creditor selection. Q2: Will there be additional FTX creditor repayments after March 31? Yes, the FTX Recovery Trust has scheduled additional repayments to preferred shareholders for later in 2025, with potential further distributions as asset recovery continues. Q3: How were the payment platforms selected for FTX creditor distributions? The trust selected BitGo, Kraken, and Payoneer based on their security protocols, geographical coverage, and ability to handle both cryptocurrency and fiat distributions efficiently. Q4: What percentage of their claims will FTX creditors recover? Exact recovery percentages remain uncertain as asset liquidation continues, but the $2.2 billion distribution represents a significant initial recovery, with further distributions anticipated throughout 2025. Q5: How does the FTX bankruptcy repayment compare to other cryptocurrency exchange failures? The FTX repayment timeline appears relatively accelerated compared to cases like Celsius and Voyager, reflecting coordinated international recovery efforts despite the case’s extraordinary complexity and scale. This post Historic FTX Creditor Repayment: $2.2 Billion Distribution Begins March 31 first appeared on BitcoinWorld .

18 Mar 2026, 19:24

Coinbase reportedly building infrastructure that lets AI agents make payments

More on Coinbase Coinbase: Q1 Guidance Was A Clearing Event Coinbase: 'Everything Exchange' Is A Game Changer Coinbase Vs. Robinhood: The Arbitrage Case For Selling COIN In Favor Of HOOD Cloudflare pops on report Coinbase, other companies aiming to issue stablecoin Coinbase introduces regulated crypto futures in Europe