Asset Management Firm Ikigai Liquidates $65M Claim in FTX.
According to sources, creditors might get as much as 73% of the original investment. Kling did not specify how much the business had sold the claim for. The asset management…
MS Drainer Hackers Thwart AdSense Safeguards, Steal Nearly $59 Million
Yet another wallet drainer has been making the rounds, this time with the help of craftily served advertisements.Wallet drainers are a type of scam that generally operates by cloning a…
Nigerian Banks Embrace New cNGN Stablecoin After eNaira Introduction years Ago.
cNGN token is linked to and supported by the Nigerian naira, the official currency.This new stablecoin is built on public blockchains as per sources.Investors and the Nigerian economy stand to…
Can BlackRock “Front Run” The Bitcoin ETF Approval? Bloomberg Explains.
BlackRock recently upped the cash with which it plans to seed its Bitcoin ETF by 100x. With Bitcoin (BTC) spot ETFs seemingly just weeks away, some crypto investors are curious…
China Tightens Grip on In-Game Tokens with Stringent Regulations.
Game tokens cannot be exchanged for physical products or used as currency. This rule covers 62 items and impacts a wide variety of online gaming activities. A draft describing substantial…
Elon Musk’s X Platform Set to Integrate In-App Payments Mid-2024
Musk stated his intention to completely deploy payment services by the mid 2024.Bureaucratic procedures were the main reason the feature could not go live sooner.Midway through 2024, Elon Musk’s X…
Solana Rise 876%. Surpass BNB to Become Fourth Largest Crypto.
Solana has surpassed BNB, securing the position as the fourth-largest crypto by market cap. Solana’s TVL has surged beyond $1.36 billion, reaching levels unseen since September 2022. In a non-stop…
PancakeSwap’s New Proposal Sparks a 21% Surge in CAKE Value in Just Hours
The introduction of PancakeSwap’s new proposal triggered a 21% spike in CAKE within a few hours on Thursday. The PancakeSwap community is proposing a reduction in the overall supply cap…
3AC Co-founders’ Assets Worth $1.14B Frozen in British Virgin Islands.
This development has been verified by Teneo, the fund’s liquidator to Bloomberg. The disclosure follows a domestic freezing order granted by the Singapore Court.The founders of the crypto hedge fund…
Solana Continues to Be Bullish. But Will It Sustain?
Solana’s market cap rose 13%, propelling it into the top 5, overtaking XRP. Solana Saga phones are in demand due to the accompanying BONK coin airdrop. Solana has been dominating…