FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts
The recent surge in FTX claims is attributed to its early investment in AI companies, which have jumped in valuation. The current claim pricing of...
-
-
Jack Dorsey’s Block had $5.62B in revenue, $44M in Bitcoin profits in Q3
Block didn’t incur any impairment loss on its Bitcoin holdings, and Bitcoin revenue contributed as much as 43% of its total revenue. Jack Dorsey-led Block,...
-
3 Satoshi-era Bitcoin wallets transfer $230M in BTC after 6-year dormancy
During 2023, several Satoshi-era Bitcoin wallets have risen from dormancy to transfer their BTC to a new address. Three Satoshi-era Bitcoin (BTC) whale addresses that...
-
SafeMoon hacker’s use of centralized exchanges could help law enforcement — Match Systems
SafeMoon was exploited in March after a smart contract update led to a burn call vulnerability allowing hackers to transfer funds. The decentralized finance project...
-
Canadian MP urges community to study Bitcoin, cites Gensler’s pre-SEC stance
Lightbound disclosed he owns Bitcoin himself and advocates for people to study it. On the 15th anniversary of the release of the Bitcoin white paper,...
-
FTX and Alameda Research wallets send $13.1M in crypto to exchanges overnight
A court-ordered liquidation process allows FTX to sell nearly $3.4 billion worth of crypto assets in weekly batches starting from $50 million a week. The...
-
Sam Bankman-Fried lawyers pitch for changes to judge’s jury instruction
SBF attorneys have made several requests over the course of the past few months ranging from requests for early bail before trial to vegan food...
-
Rising M2 money supply will see crypto become ‘Super Massive Black Hole’: Raoul Pal
Historically, the cryptocurrency market has benefited from the rise in global money supply, as the majority of bull runs in the past coincided with the...
-
CME becomes second-largest Bitcoin futures exchange as open interest surges
The surge in CME Bitcoin futures OI has helped the regulated derivatives platform attain a 25% market share in Bitcoin futures. The Chicago Mercantile Exchange...
-
Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined
Uniswap’s founder burned $650 billion of HayCoin, amounting to 99% of the token’s supply. Welcome to Finance Redefined, your weekly dose of essential decentralized finance...
