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FTX Nets $1.9B in Solana Sale at $64 per SOL, Discount Price Draws Creditor Scrutiny
In a report informed by individuals close to the situation, the FTX estate has successfully liquidated $1.9 billion…
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case
The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic…
Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds
The company in February got permission from a New York bankruptcy court to sell approximately 36 million shares of…
Online Payments Giant PayPal Enables Cross-Border, Stablecoin-Funded Money Transfers for…
PayPal just rolled out a new service that allows users to fund their cross-border money transfers using PayPalUSD…
Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs
NEW YORK – Lawyers for the U.S. Securities and Exchange Commission (SEC) rested their case against Terraform Labs…
Top-100 Altcoin Surges Over 2x in a Week Amid a Slate of New Features and Partnerships
A top-100 altcoin has more than doubled up during the last week as it announces a host of new partnerships and…
Is Solana Facing an Existential Threat Like FTX Did?
The Solana network has been grappling with a significant surge in transaction failures, with approximately…
Fantom (FTM) Launching Bridged Version of USDC As New Official Ecosystem Stablecoin
Ethereum (ETH) rival Fantom (FTM) is launching a new “canonical” stablecoin in partnership with…
Ethereum Foundation Researchers’ Proposal to Slow ETH Issuance Draws Pushback
The proposal, initially introduced in February, could harden Ethereum's native cryptocurrency, ether, as as a form…
XRP Tumbles Below $0.6 as Bears Take Control (Ripple Price Analysis)
Ripple’s price has recently found itself resting on a significant support area, spanning from $0.58 to the…