Crypto Market in Free Fall: $2.32 Billion Liquidated in Just 24 Hours
TL;DR The market experienced a total of $2.32 billion in liquidations, with $1.93 billion in long positions and $391.10 million in short positions, making it
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Tether Presents its 2024 Financial Report
TL;DR Tether reported a net profit exceeding $13 billion in 2024, consolidating its financial strength and gaining trust among users and investors. The issuance of
Bitfinex Securities Debuts Bitcoin Mining Notes with 10% Annual Yield for Investors
TL;DR Tokenized Bitcoin Mining Notes Launched: Bitfinex Securities introduces Bitcoin Mining Notes (BMN), offering a 10% annual yield over 36 months. Priced in USDT, the tokenized product
Bankman-Fried’s Parents Turn to Trump in Search of a Presidential Pardon
TL;DR Sam Bankman-Fried’s parents, founders of FTX, are exploring a potential presidential pardon from Donald Trump to reduce his sentence. Trump advances pro-crypto regulations, including
Pump.fun Under Fire: Class Action Lawsuit for Alleged Fraudulent Practices
TL;DR Pump.fun, a Solana-based platform, faces a class-action lawsuit in New York for allegedly selling unregistered securities. The platform is accused of collaborating with influencers
Ethereum: The Community Overwhelmingly Supports Danny Ryan as the New Leader of the Foundation
TL;DR The Ethereum community held an informal vote to decide the next leader of the Foundation, with 99.98% support for Danny Ryan. The “votedannyryancom” campaign
Major Token Unlocks: $330 Million in Crypto Set to Hit the Market
TL;DR Four crypto projects—Optimism (OP), Sui (SUI), ZetaChain (ZETA), and DYDX (DYDX)—are set to unlock tokens worth $330 million this week, impacting market dynamics. Token
Illinois Leads The Crypto Revolution: Proposing A Strategic Bitcoin Reserve In Its State Treasury
TL;DR Illinois introduced Bill HB1844 to establish a strategic Bitcoin reserve as an innovative tool within its state treasury. Arizona and Texas are also advancing
Gemini Bans Hiring MIT Graduates Until Gary Gensler Cuts Ties with the University
TL;DR Gemini, led by the Winklevoss twins, announced a boycott of MIT graduates due to the university’s association with former SEC chair Gary Gensler. The
Aerodrome Finance Suspends Contributors for Insider Trading
TL;DR Aerodrome Finance suspended two contributors over alleged insider trading during the launch of Venice’s VVV token. The platform detected suspicious activity within the first