ChainCatcher message, FTX creditor representative Sunil posted on the X platform stating that Kraken has issued a fund distribution notice to FTX creditor clients, with the fund distribution date for FTX US creditors set for May 30, 2025 (total debt amount: $312 million), and for FTX international creditors on June 2, 2025.Previously reported, FTX has announced the launch of the second phase of the user repayment program, expecting to distribute over $5 billion to creditors, who will receive the funds within 1 to 3 business days.

ChainCatcher message, FTX creditor representative Sunil stated on social media: "James Wynn's trading style is clearly reminiscent of Alameda. His profit on May 22 was $87 million, but it has now fallen to a loss of $220,000. He received payments from Alameda in December 2020."

ChainCatcher news, according to the official announcement, Binance has announced that users can now set limit buy orders in the "Buy Crypto" service. Users can access this feature when purchasing cryptocurrency with local currency using a credit or debit card through the "Buy Crypto" function.This new feature is now available on both the Binance website and the Binance Pro app. By setting limit buy orders, users can specify the maximum price they are willing to pay for a specific crypto asset, and the orders will only be executed within the price parameters set by the user.

ChainCatcher news, according to Bloomberg, Cantor Fitzgerald has officially launched its $2 billion Bitcoin collateral loan program, with the first round of financing targeting crypto broker FalconX and decentralized credit platform Maple Finance. FalconX plans to withdraw over $100 million under the credit framework in collaboration with Cantor, and Maple has completed its first loan issuance.

According to ChainCatcher news, as reported by Jin10 Data, the Japanese Ministry of Finance stated on Tuesday that Japan has lost its position as the world's largest creditor nation for the first time in 34 years, replaced by Germany, despite Japan's total foreign asset balance reaching a record high, partly due to the depreciation of the yen.As of the end of last year, Japan's net foreign asset balance increased by 12.9% compared to the same period last year, reaching 533.05 trillion yen (3.7 trillion USD), surpassing 500 trillion yen for the first time, but still below Germany's 569.65 trillion yen. The Japanese Ministry of Finance stated that the depreciation of the yen boosted the value of Japan's foreign currency assets, including stocks, bonds, and other assets when converted to local currency, and added that Germany benefited from a large current account surplus.Driven by domestic financial institutions and trading companies' direct investment in the U.S., Japan's total foreign assets grew by 11.4% to 1,659.22 trillion yen. Foreign liabilities increased by 10.7%, reaching 1,125.97 trillion yen.

ChainCatcher news, according to official sources, Nasdaq-listed Bitcoin mining company Riot Platforms announced that it has increased the financing limit in its credit agreement with Coinbase Credit from $100 million to $200 million, with key terms of the credit facility remaining unchanged, including the applicable interest rate.Riot Platforms stated that this move aims to diversify financing channels and reduce capital costs to support long-term strategic goals. The borrowing under this credit facility will be secured by a portion of the company's Bitcoin holdings, with an annual interest rate of the federal funds rate cap (or 3.25%, whichever is higher) plus 4.5%.

ChainCatcher news, Moody's has downgraded the U.S. sovereign credit rating from Aaa to Aa1, citing an expanding deficit, rising interest expenses, and a lack of political will to control spending. As a result, major cryptocurrency prices have fallen, with Ethereum (ETH), XRP, and Dogecoin (DOGE) all down about 3%.

ChainCatcher News, the U.S. Department of Justice has charged 12 individuals with stealing over $263 million in cryptocurrency. These suspects are linked to a previous investigation in which scammers stole over $243 million from a creditor of Genesis. According to crypto detective ZachXBT last year, a creditor of the now-defunct Genesis was deceived by a group of scammers who stole $243 million in digital assets and then redirected them through a crypto mixer.U.S. courts stated that several of the 12 suspects were arrested this week in California, while two others are currently still abroad, possibly residing in Dubai.

ChainCatcher news, according to Cointelegraph, the Pareto private credit market platform has launched a new synthetic dollar, USP, aimed at connecting institutional investors with decentralized finance (DeFi) opportunities. This synthetic dollar is fully backed by real-world private credit assets, and users can mint it by depositing stablecoins like USDC or USDT at a 1:1 ratio.Pareto co-founder Matteo Pandolfi explained that the deposited funds will be placed in Pareto's credit vault and lent to vetted institutional borrowers, generating returns for participants. To maintain the peg to the dollar, Pareto employs a "native backing" process and arbitrage mechanisms, and has established a protocol-funded stability reserve as a buffer in case of borrower defaults.

ChainCatcher news, according to Bloomberg, the Zimbabwean government has officially launched a blockchain-based carbon credit registry system aimed at enhancing transaction transparency and rebuilding investor confidence. The country's Environment Minister Evelyn Ndlovu stated at the launch ceremony in Harare that the system, developed by Dubai's A6 Labs, allows for the entire process of carbon credit issuance, trading, and cancellation to be traceable, ensuring data integrity. Previously, the country faced operational disruptions for international developers, including the Kariba Redd+ project, due to the sudden cancellation of multiple carbon credit projects and the imposition of a 50% revenue tax in 2023.Last week, Zimbabwe also established the Carbon Market Authority (ZCMA) to oversee project approvals. According to statistics from California-based data company RippleNami in 2023, the country's carbon credit output accounts for 12.5% of the total in Africa, ranking third on the continent. Washington Zhakata, the permanent secretary of the Environment Ministry, emphasized that developers must submit compliance applications through the zicma.org.zw platform to conduct business. Currently, other African countries such as Kenya and Zambia are also strengthening regulation in this field.

ChainCatcher news, Securitize and Gauntlet are launching a leveraged DeFi yield strategy based on the tokenized version of the Apollo credit fund, which uses a DeFi-native technique called looping to enhance yields and demonstrates how tokenized assets are increasingly being utilized in crypto-native applications. It is reported that the Hong Kong leveraged RWA strategy will initially launch on Polygon and plans to expand to the Ethereum mainnet and other blockchains after the pilot phase.

ChainCatcher news, according to CoinDesk, Bitcoin mining company Riot Platforms has reached a $100 million credit agreement with Coinbase Credit. The company stated that these funds will be used for strategic plans and general corporate purposes.It is reported that the floating interest rate on the loan is at least 7.75% per year, with a term of 364 days, and is secured only by a portion of Riot's Bitcoin reserves.

ChainCatcher news, according to official sources, Nasdaq-listed mining company CleanSpark announced that it has received $200 million in credit support from Coinbase Prime.In addition, its digital asset management team has officially launched its institutional-grade Bitcoin fund management platform. CleanSpark CEO Zach Bradford stated that the company currently holds more than 12,000 Bitcoins, worth approximately $1 billion.

ChainCatcher news, according to Digital Today, South Korean financial regulators have decided to postpone the application of the Credit Information Act to virtual asset service providers (VASP) until December 1, 2025. Previously, the Financial Services Commission defined cryptocurrency user transaction information as "credit information," requiring cryptocurrency exchanges to comply with this law. Considering the insufficient preparation time for the industry, the Financial Supervisory Service has decided not to impose penalties for related violations during the grace period, unless there are exceptions such as intentional misconduct or gross negligence.

ChainCatcher news, at the "CRYPTO 2025 Breakthrough and Rebirth" event co-hosted by RootData and ChainCatcher on April 8, Feniz, the head of growth at XO, stated during the roundtable discussion on the theme "The New Narrative of Crypto 2025" that the community is crucial to the project, and maintaining community engagement while ensuring benefits for community members is key and not an easy task.Feniz also pointed out that AI is a universal technology, and Web3 is one of its application scenarios. Currently, the most attractive combination is through AI agents assisting users in investment fund allocation, which is more appealing to the general public.In terms of potential tracks, he mentioned that current crypto consumption mainly revolves around prepaid "recharge cards," and has yet to achieve a true "crypto credit card." Due to the high volatility of crypto assets, credit-based consumption products still need breakthroughs.

ChainCatcher news, according to Cointelegraph, over 90% of the voting creditors voted in favor of the restructuring plan for the Indian cryptocurrency exchange WazirX after the platform's hack, which aims to repay debts through liquid assets and a recovery token pool.WazirX co-founder and CEO Nischal Shetty stated that once the plan is approved, recovering the stolen assets is the "primary focus." However, he noted that profit sharing is an additional measure the company hopes to use to compensate users.

ChainCatcher news, Cointelegraph reported that FTX creditors must now submit their KYC verification by the new deadline of June 1, 2025, or their claims may be rejected.

ChainCatcher news, according to official sources, Terraform Labs has opened its cryptocurrency creditor claims portal. Previously, the company filed for bankruptcy restructuring in January 2024, a bankruptcy filing stemming from the collapse of its $40 billion ecosystem in 2022.Eligible creditors must complete registration on the "Cryptocurrency Loss Claims Portal" by April 30, 2025, otherwise, claims will not be accepted.

ChainCatcher news, Cointelegraph reported that FTX will start using its $11.4 billion cash reserve to repay major creditors on May 30. Small creditors have already begun to receive payments.