FTX Wins Bid to Buy Voyager Digital's Assets - Top Crypto Updates

FTX wins bid to buy Voyager Digital's assets out of bankruptcy

Crypto exchange FTX won the bidding war to acquire the assets of bankrupt Voyager Digital. The agreement is valued at about $1.4 billion, comprising an 'additional consideration' worth about $111 million and the $1.3 billion market value of all the crypto on the bankrupt platform. Crypto lender Voyager Digital filed for bankruptcy in July.

Crypto prices today: Bitcoin, ETH up 7%

Bitcoin is currently trading at $20,188.98, an increase of 7.46% over the previous day. Ethereum is up 7.41% over the last 24 hours to $1,383.34. Solana rose 7.7% to $34.74, while Cardano is trading higher by 4.6% at $0.461. Polkadot (DOT) jumped 8.62% to $6.77. The global crypto market cap stands at $972.32 billion, a 5.78% increase over the previous day.

Crypto lender Nexo hit with enforcement actions from 8 states

State securities regulators in California and several other states took action against Nexo Group (the parent company of crypto lender Nexo), calling the company’s Earn Interest Product an unregistered security. “These crypto interest accounts are securities and are subject to investor protections under the law,” said the California Department of Financial Protection and Innovation (DFPI) in a press release.

Nearly $1 million in crypto stolen during Ethereum ‘vanity address’ hack

According to blockchain security firm PeckShield, crypto worth $950,000 was stolen in an attack using a vanity-address generator called Profanity. The hackers took 732 $ETH on Sep. 25 before moving the funds to the U.S. government-sanctioned crypto mixer Tornado Cash. A “vanity address” is a crypto address with defined parameters created by the users of the address. 

Disney’s latest job posting hints at major plans for NFT, crypto adoption

The Walt Disney Company posted a job listing for a principal counsel specializing in non-fungible tokens (NFT) and decentralized finance (DeFi). This hints at the company's broader Web3 expansion across the Disney ecosystem. The position would provide guidance on global NFT products across its business branches, including Disney Media & Parks, Experiences, and Products.