Will Backpack repeat FTX's success: the BP token soared 150% in a week
The BP token of the young crypto exchange Backpack soared 150% in a week, and the market is increasingly asking whether it can repeat FTX's path. According to the observation of DeFi analyst Ignas, Backpack is a contender for the role of the cycle's new major exchange amid the prospect that Binance may lose its license to operate in the European Union. Backpack, on the other hand, has already obtained such a permit. Ignas recalls…
Community criticizes Hyperliquid's blocks over HTX
The Hyperliquid exchange faced a wave of criticism over how it applied UK sanctions against the HTX crypto exchange. According to a user under the nickname as required , the platform chose the harshest interpretation of the sanctions and is blocking wallets that only indirectly came into contact with HTX. Addresses linked to Bybit may also be affected. The trigger was the sanctions…
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