After suffering from a weekend filled with uncertainty, Arbitrum (ARB) now appears to be in for a rebound despite rumors about its whale and supply still circulating. Over the past 24 hours, Arbitrum native token ARB has surged by nearly 10%.

Binance CZ has called for unity in the crypto industry in the face of external forces attacking it.

According to the latest reports, Tether expects more than $1 billion in total revenue from USDT in Q1. It also anticipates a $700 million profit for the quarter.

Charles Hoskinson, the founder of Cardano, has addressed recent concerns about the network’s governance structure, reassuring ADA enthusiasts and users that development processes will be robust and transparent.

A new report from CryptoCompare, a provider of crypto market data, reveals that Binance’s market share rose from 59.4% in January to 61.8% in February.

It has been roughly four days since the series of unfortunate events pushed the cryptocurrency market to take a massive turn for the worse, and it is still struggling to recover from the devastation that saw as much as $50 billion outflow from its market capitalization within a single hour on March 3.

FTX debtors who control the official FTX Twitter account are warning the community about entities claiming to be associated with the now-defunct cryptocurrency exchange. The company filed for Chapter 11 bankruptcy, and the restructuring team and debtors use the official FTX Twitter account often to inform the community of updates. On Feb. 17, 2023, the debtors issued a warning, stating that the bankrupt firm has not issued any debt tokens.

Crypto exchange Huobi said DebtDAO would burn 18 million  FTX User Debt (FUD) tokens later today because it rallied to a much higher value than the recommended price, according to a Feb. 7 statement.

Huobi recently treated FTX users with great news. The exchange has recently listed the FTX users’ Debt (FUD) token. The bond token showcases the high-value FTX debt asset that can assist crypto users everywhere. The token will allow creditors to access a new level of liquidity, letting them trade FTX debt across the market.

Justin Sun, the founder of exchange Huobi, has put his name behind Debt DAO, a project claiming to be issuing FTX users’ debt as a bond token, FUD, on behalf of FTX creditors. In a Twitter thread, Debt DAO said it has been notified of around $100 million in debt by FTX creditors.