FTX Estate Reportedly Sells $1.9B Worth of Solana (SOL) to Settle Debts.
Nearly $7.5 billion worth of 41 million locked-up SOL are held by the FTX estate.The majority of FTX’s digital assets were SOL, with a small amount going to BTC, ETH,…
Ethena Labs Adds Bitcoin Backing to its Synthetic Dollar-pegged USDe
Ethena Labs aims to strengthen USDe’s backing, ultimately providing a safer product for its users leveraging BTC’s expanding open interest. Ethena Labs, the creators of USDe, have incorporated Bitcoin (BTC)…
Solana Struggles with Surge in Failed Transactions Amid Memecoin Frenzy
Since March 2024, Solana has seen a sharp rise in failed transactions due to bot activities.Over 75% of non-vote transactions on Solana failed, a record-high failure rate. According to data…
Bitcoin (BTC) Price Will Not Drop Below This Level Again, Says PlanB.
The outcome of PlanB’s latest analysis differs from his prediction in early February.Bitcoin Stock-to-Flow (S2F) model creator and analyst PlanB has identified a level which he believes Bitcoin (BTC) will…
US Court Sentences Head of Legal and Compliance For ‘Onecoin’ to 4 Years in Prison For Money Laundry.
A U.S. court has sentenced Onecoin’s purported head of legal and compliance to four years in prison. She “facilitated and committed money laundering, aiding in the exploitation of millions of…
Lil Wayne, Pharrell, and Coi Leray to Voice Characters in Doodles’ Animated NFT Movie.
The team behind the Ethereum non-fungible token (NFT) collectible series Doodles revealed on Thursday its intention to debut an animated movie accompanied by music in the summer of 2024. The…
Will Crypto Markets Keep Falling as $1.2B Bitcoin Options Expire Today?
Friday is here again and that means Bitcoin options expiry day. Crypto markets have had a volatile week, so will today’s expiring batch of contracts add to the momentum?There are…
Wormhole Bridge $320 Million Hacker Was Reportedly Eligible for W Tokens Airdrop.
Had the hacker chosen to claim their airdrops, they would have been entitled to approximately $50,000.The hacker responsible for the $321 million Wormhole bridge hack was initially considered qualified for…
Ripple Announces the Launch of a Stablecoin Pegged to US Dollar
Brad Garlinghouse expresses confidence in the move, stating Ripple will continue bridging the gap between traditional finance and crypto.Ripple, a provider of enterprise blockchain and crypto solutions, has revealed plans…
Binance chief A US Federal Agent arraigned in court over alleged Tax evasion in Nigeria.
The arraignment of a top official of Binance Holdings Limited, Tigran Gambaryan, was stalled today April 4 following the delayed service of the charge on the accused person. The arraignment…