In a notable development within the cryptocurrency landscape, FTX’s bankruptcy administrators have garnered significant attention with their recent sale of a considerable portion of Solana (SOL) tokens at a considerable markdown. This transaction, featuring prominent industry players like Galaxy Trading…
Larry David’s appearance in a cryptocurrency ad during the Super Bowl turns into a costly mistake
Larry David, the renowned comedian and creator of the hit HBO series Curb Your Enthusiasm, recently revealed that his appearance in a cryptocurrency advertisement during the 2022 Super Bowl turned out to be a costly mistake. In an interview with The…
Recap of Crypto 2023: Top 5 Events That Caused Massive Earthquake in The Crypto Industry In 2023
The year 2023 proved to be a rollercoaster journey for the crypto industry. A series of events transformed the space, influencing institutional investors. So, in the midst of the increase of Spot Bitcoin ETF applications and regulatory delays, there were…
Altcoins at a Glance – Important News on SOL, Ledger, Kucoin, SFM, and More
Welcome back, crypto investors. If you are looking for a quick shot of altcoin news, then you are in the right place. We have curated the latest and most important news about your favorite altcoins so you don’t have to…
Solana’s Rally Boosts FTX Bankruptcy Claims to $4.2 Billion, Signaling Potential Full Debt Repayment
In recent times, the cryptocurrency market has witnessed a remarkable surge in the price of digital assets like Solana (SOL). This surge has had a profound impact on the market for FTX bankruptcy claims, leading to a significant increase in…
KuCoin Settles for $5.3 Million, IRS Demands $24B from FTX, and Former CFTC Chair Calls for Crypto Regulation Clarity
Explore significant legal settlements, the IRS’s pursuit of FTX, and Muneeb Ali’s perspective on the future of Bitcoin in this concise overview. This article from CNBC Television delves beyond market analysis, offering insights into the evolving narrative and developer culture…
FTX $90 Million Unstaking of SOL Tokens: What It Means for the Market
In a surprising turn of events, bankrupt crypto exchange FTX has made significant moves involving its massive stash of Solana’s native token, SOL. This development has caught the attention of market participants, as FTX unstaked a substantial amount of SOL…
Sam Bankman-Fried Case: Tax Implications and Conviction
Understanding Sam Bankman-Fried Conviction and Its Impact on Tax Implications. On November 2, 2023, Sam Bankman-Fried (SBF) faced a conviction on all counts in his criminal trial in the Southern District of New York. The charges included wire fraud, securities…
Backpack Launches Cryptocurrency Exchange in Dubai with Former FTX General Counsel Can Sun Leading the Way
Backpack, the Solana-based NFT wallet app, has made headlines with its announcement of a cryptocurrency exchange launch in Dubai. The company has appointed Can Sun, former general counsel of FTX, to spearhead this exciting venture. Furthermore, the associated NFT project,…
FTX Bankruptcy Team Pursues $1 Billion Lawsuit Against Bybit – Unraveling the Legal Battle
In a legal move, FTX’s bankruptcy advisers have taken Bybit Fintech and its affiliates to court, seeking the recovery of approximately $953 million in cash and digital assets. The lawsuit, filed in a Delaware court, revolves around allegations that Bybit’s…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
