The yield of the US 10-year treasury bond bond climbed to a one month high. US stock futures rose, with Nasdaq 100 futures up 3.5%, Dow Jones futures up 2.2%, and S&P 500 futures up nearly 3%. (Golden Ten)
According to BlockBeats news, on May 12th, according to @ ai_9684xtpa monitoring, shorting BTC Whale at 40x has reduced the BTC short position from 888.88 BTC to 711.11 BTC, valued at $74.89 million, and the clearing price has correspondingly increased to $106010.
Odaily Planet Daily News: Backpack Exchange announced that it will officially launch the withdrawal process for pre FTX EU users on May 12, 2025.
Previously, Backpack Exchange acquired FTX EU in the first quarter of 2025 (January 7th) and was responsible for handling the distribution of frozen FTX EU customer funds since FTX filed for bankruptcy. As an important component of this work, Backpack launched a KYC page specifically designed for former FTX EU users in April to prepare for the upcoming withdrawal process.
The initiation of this withdrawal process is the final step for former FTX EU users to retrieve their funds.