Key Takeaways Binance CEO has refuted claims that the exchange supported Donald Trump-linked crypto initiatives in return for a presidential pardon for Binance founder Changpeng Zhao (CZ). CZ, who pleaded guilty to money laundering charges, was recently pardoned by Trump, who framed the move as combating political persecution of the crypto industry. Share this article…
Sam Bankman-Fried’s (SBF) lawyers are set to argue before a U.S. appeals court that the FTX founder was denied a fair trial. Summary Sam Bankman-Fried’s legal team will appear before the 2nd U.S. Circuit Court of Appeals to argue his FTX fraud conviction should be overturned. The defense claims the trial judge blocked evidence showing…
PI has followed the red wave in the crypto sector, with its price dipping to $0.22. Pi Network remains a center of attention due to the recent ecosystem advancements and investments surrounding the crypto project. Despite plunging over the past 24 hours, PI is among the very few top 100 digital assets positioned in…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The decentralized finance (DeFi) protocol and market maker Balancer recently suffered a significant exploit, resulting in the loss of over $120 million in digital assets. According to blockchain security firms, the total losses have now reached approximately $128 million, with ongoing withdrawals…
The bankruptcy estate of the now-defunct crypto exchange FTX has dropped its bid to limit payouts to creditors in certain “restricted foreign jurisdictions.” On Monday, the FTX Recovery Trust filed a notice withdrawing its request to implement special procedures for jurisdictions such as China, which had been flagged as potentially restricted under the confirmed bankruptcy…
Key Takeaways An external fund manager responsible for managing a portion of Stream’s funds disclosed a loss of approximately $93 million in assets. Stream is working with Perkins Coie to investigate the cause and scope of the loss. Share this article Stream Finance, which runs DeFi strategies designed to boost capital efficiency and yield performance,…
Crypto prices today are in the red, with major assets slipping below key support levels as fear swept through both digital and traditional markets. The total crypto market value has declined by 1.7% in the past 24 hours, now at… Source link
Ethereum nears key support as analysts track a possible move to $8K. Technical charts and on-chain data show mixed short-term signals. Ethereum (ETH) is trading at around $3,700 at press time, down over 4% in 24 hours and nearly 11% on the week. While near-term momentum has turned bearish, several analysts are looking at…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Iran’s power grid is under fresh strain as a large-scale boom in Bitcoin mining pushes regulators to hunt down illegal operations, according to statements from local energy officials and recent reports. Cheap, subsidized electricity and covert hookups have turned parts of the…
Crypto market sentiment took a major fall on Tuesday after Bitcoin briefly fell below $106,000 for the first time in over three weeks. The Crypto Fear & Greed Index on Tuesday dropped by half from the day before to a score of 21 out of 100, indicating “Extreme Fear” in the crypto market. Bitcoin (BTC)…
