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FTX Estate Stakes 5.5 Million SOL; Millions Locked Until 2028
14.10.2023
Blockchain records have shed light on a development involving the trustees of the now-defunct exchange FTX, who are overseeing its bankruptcy proceedings. They have committed 5.5 million solana (SOL) for staking. Meanwhile, the current market value of FTX’s total solana assets is a hefty...
Blockchain Gaming Records $600 Million Inflows, Down 38% from Last Quarter: Here’s More
13.10.2023
Blockchain gaming numbers were affected by the wider bear market leading many observers to criticize the existing models and the utility of most projects.
The total sector recorded a total investment of $600 million in Q3 2023, raising total investor figures this year to $2.3 billion, crypto...
Shibarium records a spike in user activity
12.10.2023
Shiba Inu launched its layer 2 blockchain solution, Shibharium, on August 16, 2023. However, it soon faced technical glitches when users started flooding the platform. So, it has to walk back and rework the launch. Finally, the solution went live on August 28, 2023. It has been less than 2 months...
Do Kwon dismisses Slack chat records as irrelevant evidence
30.9.2023
Slack conversations between Terraform Labs' co-founders Do Kwon and Daniel Shin have exposed their contemplation of orchestrating fraudulent transactions on the Terra blockchain
A Lehman Opportunity — Distressed-Debt Titans Eye Huge Returns in FTX Claims Market
23.9.2023
Prominent distressed-debt moguls are diving into the FTX bankruptcy claims arena, seizing debts at bargain prices with aspirations of lofty profits. This year, Silver Point Capital, Diameter Capital Partners, and Attestor Capital have acquired over $250 million in FTX claims, court records reveal....
High Gas Fees Alert: Binance Wallet Records $840,000 in Abnormal Ethereum Charges
22.9.2023
The Ethereum (ETH) network experienced a surge of abnormally high gas fees on Thursday, with over 140,000 transactions directed to a wallet address labeled by Etherscan as “Binance 14.”
While the Ethereum network's average gas fee hovered around 10 gwei, Binance’s transactions consistently paid...
Stanford University Vows to Return $5.5M FTX Donations; Funds Initially Allocated for Pandemic Prevention
20.9.2023
In the wake of a lawsuit targeting the parents of Sam Bankman-Fried, Stanford University’s spokesperson has announced intentions to give back the millions garnered from FTX and its affiliates. Records indicate that a whopping $5.5 million in gifts to Stanford traces back to the FTX empire....
Crypto Custodian Prime Trust Warns It May Lay Off 62 Employees, Nevada Records Show
19.9.2023
The company filed for bankruptcy in August
Bitcoin Shatters Records With Over 703,000 Transactions Confirmed in a Single Day as Ordinal Inscriptions Soar
19.9.2023
The count of Bitcoin ordinal inscriptions is on an upward trajectory, with the tally now eclipsing a staggering 33 million. Additionally, a milestone was achieved on September 15, 2023, when the Bitcoin blockchain set a new record by registering an astonishing 440,760 inscriptions in a single...
From $10,000 to $24 Million: 909 ‘Sleeping Bitcoins’ From 2012 Stir After 11 Years
18.9.2023
According to records, a batch of five transactions from “sleeping bitcoin” addresses, established more than 11 years ago in 2012, transferred 909.89 BTC valued at $24.88 million. The value of the whale’s cache of bitcoin when it was acquired was less than $10,000. The 11-Year...
Interview: Final Fantasy Artist Yoshitaka Amano Working On New Game, Old Art
13.9.2023
71-year-old Japanese artist Yoshitaka Amano—best known in gaming circles for the Final Fantasy concept art he’s made for developer Square Enix since 1987—is having a great weekend. Before I sit down with him at New York’s Japan Society, which was screening his film collaboration Angel’s Egg (1985)...
Latam Insights: Worldcoin Breaks Records in Argentina, Circle Brings USDC to Chile
4.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Worldcoin reaches record verifications in Argentina, Circle partners with Mercado Pago to bring USDC to Chile, and Binance launches a Latam-focused remittance...
Samuel Trabucco’s Multi-Million Dollar Yacht Spotlighted in FTX’s Financial Records
4.9.2023
The FTX debtors filed a bankruptcy court document detailing lavish cash transfers and purchases by former CEO Sam Bankman-Fried and other company insiders. The section titled “Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy” shows that Bankman-Fried reportedly...
Exodus Records Solid Q2 with $12.4 Million Revenue – Crypto Wallets Making a Comeback?
25.8.2023
Crypto wallet company Exodus recorded a revenue of $12.4 million in the second quarter, experiencing a 4% decline compared to the previous year, the company announced on Tuesday.
Despite the revenue dip, Exodus achieved a net income of $1.9 million, a significant outcome that was influenced...
A Tumultuous August: Peaks and Valleys in Bitcoin’s Ordinal Inscription Saga
14.8.2023
Statistics reveal a continued trend in the number of Ordinal inscriptions, which recently eclipsed the 23 million mark. The month of August, however, has experienced two notable dips, each registering fewer than 100,000 inscriptions per day. These low points in August occurred specifically...
IEA Report: Oil Prices on the Brink of Soaring as Supply Narrows and Demand Shatters Records
12.8.2023
The stage is set for a potentially striking upswing in global oil prices, as supply constricts and demand ascends to unprecedented levels. With oil reserves dwindling at a breakneck pace, OPEC’s spare capacity restrained, and powerhouse consumers like China and India snapping up record...
Biggest Movers: SHIB 10% Higher on Wednesday, SOL Records 10-Day High
9.8.2023
Shiba inu rose by as much as 10% during today’s session, as bullish sentiment returned to cryptocurrency markets. The meme coin climbed to its highest point this week, with the global crypto market cap up nearly 2% as of writing. Solana was another big gainer, hitting a ten-day high on Wednesday....
Avalanche bleeding continues, QUBE on track to break records in presale
6.8.2023
There’s no denying that the crypto market has always been a roller-coaster ride for investors. Some tokens rise to stardom overnight, while others plunge into oblivion. Recently, the Avalanche (AVAX) has experienced a downtrend, reflecting the unpredictable dynamics of this digital asset...
NY Couple to Forfeit Billions in Crypto and Cash in Plea Deal Over Bitfinex Hack Laundering Case
21.7.2023
Ilya Lichtenstein and Heather Morgan, the New York-based couple implicated in the alleged laundering of $4.5 billion in bitcoin pilfered from the 2016 Bitfinex cyber-attack, have reached a plea bargain, as revealed by recent court records. The pair is scheduled to appear before U.S. judge Colleen...
Solana records 1 outage in first half of 2023, 100% uptime in Q2
21.7.2023
The Solana network is seeing steady improvements in performance and reliability as outages become more infrequent