According to the source, Backpack has announced plans for a new token that will allow users to earn equity in its exchange. This initiative could transform users into partial owners, potentially reshaping the dynamics of user engagement and participation in the platform. The announcement highlights a growing trend in the crypto space where tokens are used to distribute ownership and incentivize active community involvement.

According to CCData, a Bitcoin investor has been ordered to surrender cryptocurrency keys, Ripple is using Chainlink's data feeds to enhance RLUSD stablecoin in DeFi, and Backpack is expanding its crypto derivatives offerings with FTX EU acquisition.