Tag: finance
FTX Lawsuit Against Binance and Former CEO CZ for $1.8 Billion
Bankrupt crypto exchange FTX has taken legal action against rival Binance and former Binance CEO Changpeng "CZ" Zhao over an alleged fraudulent repurchase of shares by FTX's former CEO, Sam Bankman-Fried.Bankman-Fried negotiated to buy...
Solana Surges to Nearly Three-Year High, Joins $100B Club
Solana's native cryptocurrency, SOL, reached a significant milestone recently, hitting a nearly three-year high of $212. This surge came as bitcoin also soared to new record prices, fueling a broader crypto rally following key...
Bitcoin Hits Record High of $79K, Liquidates $280M in Bearish Bets
Bitcoin made history by surpassing the $79,000 mark for the first time, leading to a weekend pump that liquidated $280 million in bearish crypto trades. This surge occurred as BTC rose by 4%, marking...
Polymarket: Vital Source of Information, According to Buterin
Ethereum co-founder Vitalik Buterin recently highlighted the significance of platforms like Polymarket in providing valuable information through prediction markets. Buterin introduced the concept of "info finance," which involves designing markets to extract information from...
Choosing Between USDT and USDC: Important Factors to Consider
Stablecoins like USDT and USDC have become essential components of the digital finance world due to their stability and 1:1 peg to the US dollar. As their use for everyday transactions continues to grow...
Creating an Asset Class: Simple 3-Step Guide
Andy: Kelly, the US election has concluded and Trump is headed back to the White House, bolstered by a GOP-lead Senate. Bitcoin has already posted a new all-time high, but we know there is...
Mastering the Trump Trade: Success Story of a Crypto Hedge Fund
Former President Donald Trump's landslide victory in the 2024 U.S. presidential election came as no surprise to Quinn Thompson, the founder of the crypto hedge fund Lekker Capital. Thompson had been vocal about his...
Seeking Statements on Bitfinex Hack: US DOJ Investigation and Updates
The US Department of Justice (DOJ) is reaching out to individuals affected by the 2016 Bitfinex hack, despite not formally recognizing them as "victims" under the Crime Victims' Rights Act (CVRA). The department is...
Tether’s Trade Finance Division Successfully Funds First Oil Deal with USDT
Tether's trade finance division recently made headlines by successfully funding its first oil deal using USDT, the company's stablecoin. The $45 million crude oil transaction took place in the Middle East, marking a significant...
TRON Memecoin Boom: SunPump, $SUNDOG, and Nexmate.AI Growth Ecosystem
TRON's memecoin ecosystem is flourishing with the help of platforms like SunPump and $SUNDOG, as well as innovative projects like Nexmate.AI. These platforms are driving engagement and supporting creators within the TRON ecosystem, leading...
