FTX and Alameda have been actively divesting their holdings. Within the past 24 hours, both entities have transferred $36.01 million worth of MATIC and AVAX to various exchanges. This is a testament to their ongoing commitment to reaching settlements with creditors amidst the twists and turns of the bankruptcy battle. FTX Selling Spree Continue Based...Read More
OpenAI announced the reinstatement of Sam Altman as CEO and the appointment of new board members, responding to the widespread backlash following his unexpected removal. The Delaware-based American artificial intelligence research organization asserted that it is working “to figure out the details” of the agreement. Altman confirmed the development and added that he is looking...Read More
Grayscale Investments, a prominent cryptocurrency asset manager, is making significant strides in its quest to convert its Grayscale Bitcoin Trust (GBTC) into a spot bitcoin exchange-traded fund (ETF). The company recently held a crucial meeting with the Securities and Exchange Commission (SEC) to discuss potential listing matters related to the shares of the product. Grayscale...Read More
The former president of the New York Stock Exchange (NYSE) is bullish on a Bitcoin ETF, claiming that money will “flood into the industry” when such a product is approved in the United States. Now serving as CEO of crypto trading platform Bullish, Tom Farley argued on Tuesday that Bitcoin is a legitimate “store of...Read More
Richard Teng, the new CEO of the world’s largest cryptocurrency exchange, Binance, is no stranger to the world of finance. His ascent into the new position substantiates rumors that made the rounds earlier this year about him being the right fit for the job amid Binance’s regulatory woes. According to a company blog post, Teng...Read More
Tron (TRX) is making its march toward the $1 level, and on November 6, a Tron whale moved nearly 2 billion TRX worth $194 million at the time from Binance to an unknown wallet. VC Spectra (SPCT), a new decentralized hedge fund that raised $2.4 million from its private seed sale, has become a hit...Read More
TLDR: NUGX is a utility coin that can be traded for other NFTs and used to vote on community proposals. In the second round of the presale, NuggetRush raised over $500k from selling NUGX to early adopters. Supporters think NUGX has more upside potential than established projects like Cardano and PepeCoin. NUGX is expected to...Read More
The volume of Bitcoin supply in profit has reached the levels last seen two years ago as the market came off its November 2021 all-time high, according to Glassnode. In its ‘Week on Chain’ report released this week, the analytics provider added that the magnitude of unrealized profit held within these coins remains modest. The...Read More
Cardano’s ADA has been on the watchlist of investors and analysts, many of whom believe the coin is set for a massive bullish rally even despite recent market corrections. Despite the price decline over the weekend, ADA has recorded roughly 50% gains in the last 30 days. Analysts are now closely watching key resistance levels...Read More
Users of Bitcoin’s blockchain payments network have seen transaction fees explode since October. Meanwhile, the oldest cryptocurrency’s main rival, Ethereum, is also seeing sky-high fees. According to blockchain data service CryptoRank from earlier this week, ETH gas fees across the network averaged $20 to bridge assets, $60 to make a token swap and $110 to...Read More
[PRESS RELEASE – France, Paris, November 22nd, 2023] Serenity Shield is marking a significant milestone in digital asset security by announcing the launch of StrongBox®️ DApp on the mainnet. The StrongBox®️ DApp, a trailblazer in blockchain-based security, offers a transformative solution for individuals, families, and businesses seeking robust protection for any form of digital assets...Read More
Mt. Gox intends to initiate cash repayments to creditors soon, almost a decade after it ceased operations. In an email to its creditors today, the defunct Bitcoin exchange revealed that the rehabilitation trustee is actively working towards commencing cash repayments in the course of the 2023 calendar year. Due to the substantial number of rehabilitation...Read More
Amid reports of nearly a billion dollars worth of crypto assets getting withdrawn from Binance, the company’s new Chief Executive Officer – Richard Teng – took it to X to reassure the user base that the firm’s fundamentals are “VERY strong.” His comments were in response to a tweet suggesting Binance managed to pay the...Read More
XRP enthusiasts are closely monitoring an upcoming closed-door meeting by the U.S. Securities and Exchange Commission (SEC). The anticipation is primarily centered around the possibility of a settlement in the long-standing legal battle between the SEC and Ripple. SEC’s Closed-Door Meeting The SEC’s closed-door meeting for November 30, 2023, at 2:15 PM, which can be...Read More
[PRESS RELEASE – Zug, Switzerland, November 21st, 2023] Future3 Campus, in partnership with The Open Network (TON) Foundation, has today announced the launch of The TON Bootcamp, an incubation program to foster mini-app development within TON’s Web3 ecosystem in Telegram. The 15 selected teams may receive support for integrating into TON’s Web3 ecosystem and stand a...Read More
Bittrex Global, a leading regulated cryptocurrency exchange based in the UK, recently announced that it will cease all trading activity by December 4, 2023. The decision comes as the latest development in a turbulent journey for the exchange, which filed for bankruptcy protection earlier this year. Bittrex Global to Shut Down Operations by December Bittrex...Read More
A new listing – AERGOUSDT – featuring Aergo – the AERGO Token, will be available to trade on BitMEX, and with up to 10x leverage from tomorrow. For the lowdown on the latest listing, read on. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens...Read More
