FTX officially announces that the bankruptcy plan has taken effect, with the first round of compensation expected within 60 days

FTX officially announced that the bankruptcy plan formally took effect on January 3 local time. According to the previously disclosed bankruptcy plan, the first round of compensation is expected to be made within 60 days.

Bitcoin hash rate reaches all-time high

According to CoinWarz data, the Bitcoin hash rate (the total computing power protecting the Bitcoin network) reached a historic high of 1,000 EH/s on January 3, nearly double the network hash rate from 12 months ago. CoinWarz data shows that in January 2024, Bitcoin's hash rate hovered around 510 EH/s. As of the time of publication, Bitcoin's hash rate has fallen back to about 780 EH/s.