Ryan Salame, former co-CEO of FTX Digital Markets, was recently sentenced to 90 months in prison for his involvement in illegal activities. He pleaded guilty to conspiring to make illegal political contributions and defraud the Federal Election Commission, as well as running an unlicensed money-transmitting business. This sentencing was handed down by US District Judge
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Gemini exchange recently made an announcement stating that users of its now-defunct Earn product have received a staggering $2.18 billion of their digital assets. This amount represents a significant portion of the total digital assets owed to Earn users, showing a remarkable recovery since the demise of Genesis, a crypto lender that ceased withdrawals in
Decentralized gaming platforms have been gaining traction in the digital world, with The Sandbox leading the way in empowering its community through the launch of The Sandbox DAO. This initiative, aimed at SAND token holders and virtual LAND owners, seeks to promote active participation in the platform’s governance. By allowing users to vote on Sandbox
The cryptocurrency world, particularly Bitcoin, has been a rollercoaster ride for investors in recent times. However, a recent analysis by Cryptorphic, a well-known crypto analyst, has caught the attention of many. According to Cryptorphic’s prediction, Bitcoin is poised to reach an astounding $156,000 by May 27th, 2025. This prediction is based on the historical phenomenon
The Ethereum meme coin market has witnessed a resurgence in popularity, with coins like Baby Apu Apustaja (BAPU) making significant gains overnight. BAPU has garnered attention for its strong project fundamentals and a unique marketing campaign that depicts Baby Apu Apustaja on a quest to find his superstar dad, Apu Apustaja (APU), who recently achieved
Recently, the US District Court for the District of Utah made the decision to dismiss the SEC’s case against DEBT Box without prejudice. In addition to this dismissal, the court imposed fines of over $1.8 million against the SEC for bad faith conduct. These fines, which include attorney fees and costs, serve as a form
The recent surge in the price of SHIB on Solana has taken the crypto world by storm, with the token experiencing a significant overnight explosion. This surge can be attributed to the growing interest in dog-themed meme coins, which have gained popularity among Solana meme coin traders in recent months. Currently, SHIB on Solana is
The Rehabilitation Trustee of the now-defunct crypto exchange Mt. Gox has confirmed that despite transferring over 140,000 BTC (approximately $10 billion), it has not sold its significant Bitcoin holdings. The confirmation came through a statement on May 28, where the trustee emphasized that preparations for repaying creditors were still ongoing. The firm detailed that the
Upon examining the optimistic forecast provided by renowned crypto analyst Crypto Con regarding Bitcoin’s potential price surge to $123,832, it is crucial to approach his assertions with a critical mindset. While Crypto Con emphasizes the significance of historical patterns and market behavior in his analysis, there are certain inconsistencies within his predictions that warrant further
In the ever-evolving world of NFTs, Magic Eden Marketplace has emerged as a leader, catering to the needs of a diverse NFT community. Initially focused on Solana-based NFTs, Magic Eden has expanded its horizons to include Ethereum NFTs and even the latest Bitcoin ordinals. The platform’s popularity is evident in its impressive user count and
