FTX Secures $1.9B from the Solana Sale at $64 per SOL; Low Price Attracts Creditor Attention

FTX Secures $1.9B from the Solana Sale at $64 per SOL; Low Price Attracts Creditor Attention

According to a revelation from sources with direct knowledge of the matter, the FTX estate has effectively liquidated $1.9 billion by selling off a large portion of solana (SOL), including tokens that were delayed in becoming available because of a vesting schedule. Sources Claiming FTX Offered Millions of Restricted Solana Tokens at a Significant Discount … Read more

March’s Stablecoin Market Booms, Driven by Ethena’s USDE

The stablecoin space has continued to grow this month, surpassing the $150 billion milestone on March 20, 2024, and receiving an additional $1.4 billion in funding since then. Ethena’s USDE led the group in supply growth for March, rising by 194.9% in the previous 30 days. Leading Dollar-Pegged Token Values Rise in March as Major … Read more

332 billion SHIB are gathered by a Shiba Inu whale; is $0.001 next?

332 billion SHIB are gathered by a Shiba Inu whale; is $0.001 next?

There has been a noteworthy change in the Shiba Inu (SHIB) ecosystem that has lovers of cryptocurrencies buzzing with conjecture and enthusiasm. Prominent blockchain tracker Whale Alert recently disclosed an astounding hoard of 332.42 billion SHIB tokens, valued at $10.85 billion. This large acquisition has raised interest and excitement in the cryptocurrency sector. It was … Read more

Decentralized exchange platforms from Solana surpass $2.8 billion in daily trading volume, surpassing Ethereum.

Decentralized exchange platforms from Solana surpass $2.8 billion in daily trading volume, surpassing Ethereum.

The value of SOL has increased dramatically this week, lifting its decentralized exchange (dex) platforms to a new level and catapulting the layer one (L1) blockchain to the top of the 24-hour dex trading volume. In comparison to Ethereum’s dex platforms, which registered $2.03 billion in trade volume during the same period, Solana’s dex platforms … Read more

Rich Dad, Poor Dad Robert Kiyosaki, the author: Bitcoin is “on fire” and might reach $300,000 this year.

Wealthy Father, Poor Father Robert Kiyosaki, the author: Bitcoin is "on fire" and might reach $300,000 this year.

Rich Dad, Poor Dad Author Robert Kiyosaki believes that bitcoin is “on fire” and that it will reach $300,000 this year. This week, the demand for spot bitcoin exchange-traded funds (ETFs) skyrocketed, sending the price of bitcoin to all-time highs. Robert Kiyosaki: Bitcoin Could Reach $300,000 Robert Kiyosaki, the author of Rich Dad Poor Dad, … Read more

FLOKI Soars To New All-Time High, Gaining 60% After Two Significant Listings

FLOKI Soars To New All-Time High, Gaining 60% After Two Significant Listings

In the cryptocurrency market, Web3 project and meme coin Floki Inu (FLOKI) have attracted a lot of interest. It has seen a remarkable increase of more than 630% in just the last 30 days. Consequently, it has risen to the 64th spot in terms of market capitalization, having crossed $2 billion. Significant digital asset companies, … Read more

During a market upswing, $100K worth of ETH is traded for stablecoins via Vitalik Buterin’s ENS address.

During a market upswing, $100K worth of ETH is traded for stablecoins via Vitalik Buterin's ENS address.

Blockchain analytics show that a $100,000 ether transaction using the Ethereum Name Service (ENS) domain “vitalik.eth” resulted in the conversion of that amount of ether into an equivalent number of stablecoins on the Base blockchain. The address, which is allegedly owned by Vitalik Buterin, one of Ethereum’s co-founders, presently has 955.58 ether, valued at approximately … Read more

3 Crucial Cryptos Are Suggested by Analysts for the Current Bull Run

3 Crucial Cryptos Are Suggested by Analysts for the Current Bull Run

In the current cryptocurrency market, Bitcoin (BTC) has reached a new record top of $69,100, surpassing its all-time high (ATH). Strong inflows into recently introduced Bitcoin ETFs propelled this incredible surge, which raised expectations for the start of a “altseason,” in which altcoins usually do quite well after a BTC rally. In the past, altseasons … Read more

Arrested in Argentina are the founders of a $400 million cryptocurrency Ponzi scheme.

Arrested in Argentina are the founders of a $400 million cryptocurrency Ponzi scheme.

A lady and a man were apprehended in Argentina on suspicion of running a Ponzi scam that moved more than $400 million in cryptocurrencies through Brazil. With the assistance of Interpol and the Argentine Federal Police, the operation was able to locate the pair. Couple Arrested in Argentina for Supposedly Organizing a $400 Million Ponzi … Read more

‘On Track,’ Russian Digital Ruble Pilot Records Approximately 25K Transactions

On Track,' Russian Digital Ruble Pilot Records Approximately 25K Transactions

The Russian digital ruble’s current pilot program is “on track,” according to Bank of Russia Governor Elvira Nabiullina. Wallet opening and smart contract interactions are among the functions being evaluated. Later this year, Nabiullina verified the pilot expansion and disclosed that more than 25,000 transactions had been recorded. Russian Digital Ruble Pilot is “on Track,” … Read more