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Ex-FTX execs team up to build new crypto exchange 12 months after FTX collapse: Report Former FTX executives are launchi…

Ex-FTX execs team up to build new crypto exchange 12 months after FTX collapse: Report

Former FTX executives are launching a new cryptocurrency exchange, Backpack Exchange, in Dubai, focusing on securing customer funds, a key issue that led to FTX's downfall. The exchange will use a self-custody solution with multiparty computation techniques for enhanced security.

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