Voyager Digital has revealed substantial progress in its efforts to reimburse creditors post-bankruptcy. The company has realized $484.35 million from settlements with FTX, Three Arrows Capital (3AC), and Directors and Officers (D&O) insurance claims, which represents a significant achievement in the company’s financial recovery and creditor compensation. Voyager Recovery Effort The process by which Voyager […]

CleanSpark Inc., a Nasdaq-listed Bitcoin miner, has secured an agreement to purchase up to 160,000 Bitmain S21 miners. The company noted in a press release on Monday that the acquisition can move CleanSpark to a 50 EH/s hashrate. The release comes days after CleanSpark revealed plans for an in-house trading desk this year to boost returns from its significant […]

In a riveting turn of events, despite the Ethereum price showcasing a relatively slower movement compared to that of Bitcoin (BTC) and numerous altcoins, an intriguing phenomenon appears to have garnered noteworthy optimism on the world’s second-largest token by global market cap. According to a recent report, the Ethereum token seems to have demonstrated notable […]

Fantom co-founder Andre Cronje, known as the godfather of decentralized finance (DeFi), further raised concerns over probabilistic finality in blockchains including Bitcoin and Ethereum as the market sees expanding use cases and adoption in traditional finance. He said Fantom has already solved state bloat as Ethereum developers look to solve state bloat in the chain. […]

The High Court in Montenegro, after re-evaluating the upturn of Do Kwon’s extradition to South Korea by the Local Supreme Court, has ruled that the legal requirements to send the embattled Terraform Labs co-founder to either the United States or Korea have been fulfilled.  The Do Kwon Extradition Saga The Montenegro High Court cleared Do […]

The Evmos Foundation has successfully reclaimed 59.4 million tokens, equivalent to $7.6 million, from Akash Khosla, its former co-founder. This development follows a period of uncertainty and operational disagreements that led to Khosla’s departure last year. The recovered tokens, which include both vested and unvested amounts, mark a step towards realigning the token distribution in […]

Solana network congestion resulted in a massive setback for Solana ecosystem projects and tokens. Solana-focused devshop Anza has released an update to fix the intermittent congestion issues and expects a sound recovery in the Solana ecosystem. Solana-based meme coins such as dogwifhat (WIF), BOME, MEW and others tumbled as nearly 75% of transactions on the […]

In a recent security lapse, the U.S. Securities and Exchange Commission’s (SEC) official X (formerly Twitter) account fell victim to unauthorized access. This incident led to the dissemination of false information regarding the approval of Bitcoin ETFs, an assertion that the SEC has since firmly denied. Hacked Account Spreads False Bitcoin ETF Approval On Tuesday, […]

Cryptocurrency enthusiasts and investors all over the world carefully follow Bitcoin halving, a special occasion that takes place about every 4 years. With the next halving anticipated to take place in much less than 10 days the crypto market is consistently examining its effects especially on the U.S. crypto market. Recognizing the characteristics of the […]

As 2024 swings into gear and crypto volumes ramp up, Binance Futures has decided to throw its traders a bone in the form of $170,000 USDC in rewards. The generous promotional campaign is designed to raise awareness of its new USDC-margined perps. On January 4th, the exchange launched USDC-denominated markets for BTC, ETH, BNB, SOL, […]