May 8, 2024
98% of FTX Creditors to Receive 118% Claims Payout
FTX creditors will receive the entire value of their claims, plus “billions in compensation for the time value of their investments.”
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In a move that comes as a surprise to many, Grayscale has withdrawn its application for an ether futures ETF just three weeks before the SEC would have been forced to hand out a verdict on the approval of at least one spot ether ETF.
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Despite a short run of increased profitability after the fourth halving, Bitcoin miners are now seeing reduced profitability as hashrate remains near historical highs.
The Bitcoin network has processed one billion transactions, 15 years, four months, and four days after Satoshi Nakamoto mined the genesis block.
While Osmosis is now secured by OSMO stakers, developers plan to add staked BTC to the mix in June.
This week in crypto: Stablecoin regulation stalls, Hong Kong debuts spot ETFs, a16z buys into Optimism, FTX unloads Solana holdings, and more!
In a move that comes as a surprise to many, Grayscale has withdrawn its application for an ether futures ETF just three weeks before the SEC would have been forced to hand out a verdict on the approval of at least one spot ether ETF.
FTX creditors will receive the entire value of their claims, plus “billions in compensation for the time value of their investments.”
Just 1.4% of all crypto users are involved in DeFi, underscoring the difficulty of winning retail investors over to the opaque asset class.
The layer 2 project launched last year had more than twice the transaction volume seen on the Ethereum blockchain over the past 30 days, according to Coinbase CEO Brian Armstrong.
Memecoins have been the most profitable investment of the year, and these traders believe they still have a lot of potential.
Bybit will accept USDe as collateral on its platform, aiming to grab market share from USDT and offer yield to crypto traders.
Early users of projects have increasingly been able to receive additional token allocations in airdrops by complaining loudly and often.
Just 1.4% of all crypto users are involved in DeFi, underscoring the difficulty of winning retail investors over to the opaque asset class.
In a move that comes as a surprise to many, Grayscale has withdrawn its application for an ether futures ETF just three weeks before the SEC would have been forced to hand out a verdict on the approval of at least one spot ether ETF.
MODE is the latest token to see its price decline right after its airdrop.
The proliferation of Layer 2 projects on Ethereum has compromised the easy exchange of assets and data among them, but there’s one obvious solution.
EIP-3074 is an Ethereum Improvement Proposal (EIP) that aims to improve account management for Ethereum users.
This week in crypto: Stablecoin regulation stalls, Hong Kong debuts spot ETFs, a16z buys into Optimism, FTX unloads Solana holdings, and more!
Magic Eden recently surpassed OpenSea in weekly trading volume for the first time, highlighting how the competitive landscape among NFT marketplaces is continuing to shift.
This week in crypto: Renzo’s ezETH depegging crisis, Changpeng Zhao faces SEC penalties, Grayscale introduces Bitcoin Mini ETF, and more!
This week in crypto: Senators target stablecoin legislation, heightened scrutiny on CFTC Chair’s previous dealings, advances in Ethereum layer 2 solutions, Uniswap’s risky fee increase strategy, Bitcoin’s rising dominance in fees, and more!
The Clarity of Payment Stablecoins Act of 2023 aims to regulate stablecoins and their issuers in the United States.
This week in crypto: Stablecoin regulation stalls, Hong Kong debuts spot ETFs, a16z buys into Optimism, FTX unloads Solana holdings, and more!
How fair was the founder and former CEO of Binance’s sentence? See how it stacks up to other recent banking prosecutions across crypto, TradFi, and the casino industry.
The former chief of Binance was sentenced by a Seattle judge to four months behind bars for violating the Bank Secrecy Act.
The proliferation of Layer 2 projects on Ethereum has compromised the easy exchange of assets and data among them, but there’s one obvious solution.
This week in crypto: Stablecoin regulation stalls, Hong Kong debuts spot ETFs, a16z buys into Optimism, FTX unloads Solana holdings, and more!
As “casters” descend on Venice Beach for FarCon, Unchained looks at how discussions on Farcaster are kinder and gentler than the often rough-and-tumble dynamic on X (Twitter). Here’s what to know and who to follow.
From locked-up tokens to squabbles over EigenLayer’s snapshot date, arguments have been brewing around the airdrop.
Navigating EigenLayer’s Airdrop Fallout, Shkreli’s Crusade on Io.net, and CZ’s High-Profile Crypto Sentencings!
Unraveling the SEC’s Uniswap Probe: A Deep Dive into DeFi’s Legal Challenges. Plus: Dubai’s Flood Impact on a Major Crypto Event and the Crypto Community’s Resilience. Also, Decoding Bitcoin’s Latest Halvening: What Does it Mean for Inflation and Market Dynamics?
The Clarity of Payment Stablecoins Act of 2023 aims to regulate stablecoins and their issuers in the United States.
EIP-3074 is an Ethereum Improvement Proposal (EIP) that aims to improve account management for Ethereum users.
