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Crypto at the Center of $300M Fraud Case in China

May 8, 2025 by admin

21 people were sentenced in a case involving converting ‘dirty’ USDT to RMB.

Categories Financial Leave a comment

A Year After Sam Bankman-Fried’s Downfall, Solana and Other FTX Holdings Are Flying High

May 8, 2025 by admin

The value of FTX’s stake in Solana’s SOL token, for instance, has just added $1 billion in two weeks.

Categories Financial Tags Bankman-Fried, Ftx, Money, Token, Was Leave a comment

Sam Bankman-Fried’s Defense Argues Ex-FTX CEO Acted ‘In Good Faith’ In Emotional Closing Argument

May 8, 2025 by admin

The alleged fraudster appeared on the verge of tears as his defense wrapped.

Categories Financial Tags Fried Leave a comment

Prediction Market Kalshi Sues U.S. CFTC for Denying Its Contracts for Congressional Elections

May 8, 2025 by admin

The CFTC denied a valid hedging option when it rebuffed a plan to offer event contracts for traders to bet on political outcomes, the company said.

Categories Financial Tags Contract, Event, Kalshi, Market, U.s. Leave a comment

Protocol Village: Toposware, Specialist in Zero-Knowlege Cryptography, Raises $5M

May 8, 2025 by admin

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 2-8, with live updates throughout.

Categories Financial Leave a comment

Bitcoin Retakes $35K After FOMC as Solana’s SOL Leads Sharp Altcoin Rally

May 8, 2025 by admin

The Federal Reserve pulled no surprises on Wednesay as it kept policy on hold but promised a continued focus on bringing inflation to heel.

Categories Financial Tags Fed, High, Market, Over Leave a comment

Solana Surges to 14-Month High; Sell Pressure Lingers as FTX Unstakes $67M Tokens

May 8, 2025 by admin

FTX-related wallets unstaked and transferred millions of tokens to exchanges, which could exert some selling pressure for the asset, one observer said.

Categories Financial Tags Crypto, Ftx, Market, Over Leave a comment

Team Behind Celsius Bidder NovaWulf Starts New Firm Called Valinor

May 8, 2025 by admin

Former NovaWulf employees Connor Dougherty and Lily Yarborough are spearheading Valinor, with the continued support and collaboration of two former NovaWulf partners.

Categories Financial Tags New Leave a comment

The Protocol: Celestia Airdrop Gets Crypto Users Asking About Starknet Despite No Similar Plans

May 8, 2025 by admin

In this week’s edition of The Protocol newsletter, we explain the mechanics (and roots) behind the “data availability” network Celestia, and its new TIA tokens, and turn our eyes to Starknet’s STRK tokens, which aren’t trading yet but are already being awarded to early contributors.

Categories Financial Tags Blockchain, Crypto, New, Solana, Token Leave a comment

Federal Reserve Leaves Rates Unchanged; Bitcoin Flat at $34.5K

May 8, 2025 by admin

Market participants will now turn to Fed Chair Jerome Powell’s post-meeting press conference to glean insight into the future path of U.S. central bank policy.

Categories Financial Tags Fed, Fomc Leave a comment
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