The Mysten Labs offer comprises $95 million in preferred stock and null million worth of SUI token warrants back From FTX. This offer falls just short of the failed exchange’s $102 million investment. Mysten Labs is the company behind the Move language project Sui.

Starknet announced the establishment of five committees, including the Provisions Committee, which is responsible for planning, overseeing and executing the provision of the Starknet ecosystem token – STRK.

According to Llama Fi, in the past week, Arbitrum DEX trading volume increased by 32% to 4.34 billion US dollars, hitting a new high for two consecutive weeks, surpassing BNBChain to become the public chain second only to Ethereum DEX trading volume.

According to sedaily, there are currently 17 cryptocurrency-related bills in South Korea waiting to be passed. Among them, IEO legislation has been discussed in depth, and the government has expressed its willingness to promote it, because exchanges can properly manage projects and improve transaction stability.

FTX group had a $6.8 billion shortfall in its balance sheet when it filed for bankruptcy last November. In total, the group of companies had debts of about $11.6 billion, the majority of that in customer claims, against $4.8 billion in assets, according to a presentation filed to the bankruptcy court on Friday.