Ryan Salame, the former co-CEO of FTX, was recently sentenced to 90 months in prison for various criminal activities. This decision was made by US District Judge Lewis A. Kaplan, who found Salame guilty of conspiring to make illegal political contributions and defraud the Federal Election Commission. The sentencing came as a result of his
Gemini exchange recently announced that users of its Earn product received a remarkable $2.18 billion of their digital assets, accounting for 97% of the total owed to them. This significant recovery comes after the collapse of Genesis, a crypto lender that ceased withdrawals in November 2022. The assets were returned in kind, meaning that users
In a significant move towards enhancing community engagement and ownership in decentralized gaming platforms, The Sandbox has unveiled its latest innovation – The Sandbox DAO. This initiative is designed to empower SAND token holders and virtual LAND owners, representing in-game plots, to actively participate in the governance of the platform. By introducing a decentralized autonomous
The enigmatic world of Bitcoin continues to captivate investors with its price fluctuations. A recent analysis by Cryptorphic, a prominent crypto analyst, suggests that the future might be brighter than recent dips might indicate. Cryptorphic’s prediction hinges on a historical phenomenon known as the halving. Every four years, the number of Bitcoins rewarded for mining
The Ethereum meme coin market has experienced a resurgence, with coins like DogWifHat (WIF) and Baby Apu Apustaja (BAPU) making significant gains overnight. Baby Apu Apustaja, in particular, has garnered attention due to its strong project fundamentals and an innovative marketing campaign that has captured the imagination of traders. With its current market price standing
The US District Court for the District of Utah has made a significant decision in the case involving the Security and Exchange Commission (SEC) versus DEBT Box. The court has dismissed the case without prejudice and imposed fines amounting to over $1.8 million on the SEC for bad faith conduct. These fines, which include attorney
In the current landscape of the cryptocurrency market, there seems to be a general sense of positivity surrounding the future of Bitcoin. Crypto analyst Crypto Con has recently shared an optimistic outlook on the price of BTC, suggesting that it could potentially rise to $123,832 in the near future. This projection is based on an
The recent surge in the price of SHIB on Solana has caught the attention of many traders in the cryptocurrency market. With a remarkable 24-hour change of +5,300%, SHIB on Solana is currently trading at $0.00388, showing signs of a bullish trajectory. The consolidation zone above the support level of $0.00275 hints at a potential
The Rehabilitation Trustee of the now-defunct crypto exchange Mt. Gox recently provided an update regarding its significant Bitcoin holdings. Despite transferring over 140,000 BTC (approximately $10 billion) in a recent transaction, the trustee confirmed that it has not sold any of its Bitcoin holdings. The trustee clarified in a statement on May 28 that preparations
In the ever-expanding world of NFTs, Magic Eden Marketplace has emerged as a vibrant hub for NFT enthusiasts in 2024. Initially focusing on the Solana-based NFT sector, Magic Eden has successfully broadened its horizons to support Ethereum NFTs and the newest Bitcoin ordinals. One of the standout features of Magic Eden is its impressive wallet
