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 by offloading...
Day: 5 April 2024
Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by Jury
On Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs’ co-founder Do Kwon and his startup were deemed...
Bitdeer Utilizes Chip Giant TSMC, Eyeing $60M in Bitcoin Mining Equipment Production
According to the publicly-listed mining corporation Bitdeer, the company is employing Taiwan Semiconductor Manufacturing Company (TSMC) for its Sealminer A1...
Paraguayan Lawmakers Introduce Bill to Temporarily Pull the Plug on Bitcoin Mining Operations
A group of Paraguayan lawmakers is spearheading a bill that seeks to enact a temporary ban on cryptocurrency mining operations...
Sony Bank Tests Yen-Pegged Stablecoin, Taps Polygon for Pilot Project
According to a regional report, Sony Bank of Japan is currently exploring the potential of a stablecoin tied to the...
Ethena Labs Adopts Bitcoin to Back USDE Stablecoin; Supply Surpasses 2 Billion
On Thursday, Ethena Labs unveiled its new strategy to back USDE with bitcoin, enhancing the stablecoin’s foundation. The stablecoin, known...
Bitcoin Technical Analysis: BTC Sails Through Choppy Waters After Recent Uptick
Bitcoin’s price oscillation between $66,182 and $69,199 within 24 hours underscores a battlefield where bulls and bears vie for dominance....
Paradigm Tries Again at Crypto: Seeks to Raise at Least $750 Million to Launch New Fund
Paradigm, one of the largest venture capital firms in the crypto space, is gearing up to reenter the crypto VC...
Pharrell, Lil Wayne, and Coi Leray to Voice Characters in Doodles’ Animated NFT Film
The team behind the Ethereum non-fungible token (NFT) collectible series Doodles revealed on Thursday its intention to debut an animated...
US Court Sentences Onecoin’s Head of Legal and Compliance to 4 Years in Prison
A U.S. court has sentenced Onecoin’s purported head of legal and compliance to four years in prison. She “facilitated and...
TOKEN2049 Dubai Officially Sold Out with 10,000 Attendees Following Unprecedented Demand
PRESS RELEASE. Dubai, UAE — April 5, 2024 — TOKEN2049, the premier crypto event, has officially announced that tickets for...
Brazil Eyes Crypto Taxation Changes in New Bill
Brazil is on the verge of presenting a new crypto taxation scheme proposed in a bill to be presented to...
Goldman Sachs Wealth Management CIO: Crypto Is Not an Investment Asset Class
The chief investment officer of Goldman Sachs’ Wealth Management unit does not see cryptocurrency as an investment asset class. She...
Banks Seek to Purchase Bitcoin Directly From BTC Mining Firm Hut 8, Says CEO
Per the CEO of Hut 8, a bitcoin mining company listed on the Toronto stock exchange, major financial institutions have...
UBXS: Illuminating the RWA Category – a Leading Trend in the Crypto Sector
PRESS RELEASE. UBXS, the token of Bixos, a groundbreaking Real World Asset (RWA) project designed to revolutionize the crypto industry...
