FTX Sells 30M SOL Tokens at $64 Each to Industry Giants
Amid bankruptcy, FTX raises $1.9 billion by selling up to 30 million SOL tokens at $64 each to industry titans such as Galaxy Trading. FTX’s bankruptcy administrators have executed the liquidation of a significant portion of their Solana (SOL) token holdings, constituting a pivotal event in the cryptocurrency market. The transaction encompassed the sale of […]
Monochrome Launches Australia’s First Spot Bitcoin ETF
Establishing a precedent in the nation’s investment sector, Monochrome declares the introduction of the first spot Bitcoin ETF in Australia. Monochrome Asset Management, a renowned Australian investment firm specializing in regulated digital assets, has generated considerable interest in the financial sector by disclosing its intentions to launch the inaugural Bitcoin spot ETF in Australia. The […]
KuCoin Denies Sharing User Data With Indian Government
KuCoin addresses user concerns over data sharing with the Indian government post-re-entry into the Indian crypto market. Following the practical completion of Financial Intelligence Unit (FIU) registration in India, the well-known cryptocurrency exchange KuCoin was accused of violating user privacy. It, therefore, issued a statement to dispel any confusion among its users. KuCoin dispelled the […]
Binance Issues Statement Ahead of Execs’ Court Trial in Nigeria
Binance executives face legal battles in Nigeria over money laundering and tax charges, prompting a defense statement from the exchange. Binance, a prominent entity in the domain of cryptocurrency exchanges, is currently entangled in legal commotion due to pending judicial proceedings in Nigeria against its executives. Due to impending legal proceedings concerning allegations of money […]
Ethena (ENA) Price Surges 53% Post Airdrop
As soon as the Ethena token went live for trading on leading cryptocurrency exchanges following an airdrop, its value surged to $1. Within two hours of its successful airdrop, ENA, the native cryptocurrency of the Ethereum-based synthetic dollar protocol Ethena, recorded a substantial 53% increase. As of press time, Ethena (ENA) is trading at $0.8846, […]