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FTX Co-Founder Gary Wang Seeks No Jail Time for Cooperation in SBF Case

By Chimamanda U. Martha Nov 7, 2024 • 3 mins read

The sentencing memo also cited Wang’s personal circumstances as part of his reasons for requesting no jail time. His legal team revealed that Wang is currently employed as a software engineer at an undisclosed firm and is expecting his first child with his wife later this month.

Cryptocurrency News, News

Arkham Intelligence to Launch New Crypto Perpetuals Exchange with Transparent Audits and Rewards

By Mayowa Adebajo Nov 7, 2024 • 3 mins read

Supported by $12 million in funding from investors, including Sam Altman, co-founder of OpenAI, Arkham Intelligence’s venture into the perpetuals exchange space could shake up the market and give traders a new, transparent option.

Altcoin News, Cryptocurrency News, News

Donald Trump-Themed Meme Coins See Classic Pump and Dump after Election Victory

By Bhushan Akolkar Nov 7, 2024 • 3 mins read

Trump-themed memecoins, including MAGA (TRUMP) and MAGA Hat, saw initial post-election spikes, only to suffer steep declines within a day dropping 50% each.

Altcoin News, Cryptocurrency News, News

Wintermute Proposes Revenue Sharing Plan for Ethena’s sENA Holders

By Mayowa Adebajo Nov 7, 2024 • 2 mins read

Wintermute’s proposed solution is to activate a “fee switch”, which would allocate a portion of Ethena’s revenue directly to sENA holders.

Cryptocurrency News, News

France to Ban Polymarket after Raking in $3.5B from US Election

By Bena Ilyas Nov 7, 2024 • 2 mins read

Regulators are investigating Polymarket’s adherence to French gambling laws, with potential actions including blocking access to the platform in France.

Market News, News

Crypto Mining Stocks Rally in Pre-Market Following Donald Trump Victory

By Bhushan Akolkar Nov 6, 2024 • 3 mins read

Following Donald Trump’s decisive election, crypto mining stocks like Marathon Digital, Riot Blockchain, and Hut 8 Corp experienced pre-market rallies.

Bitcoin News, Cryptocurrency News, News

CryptoQuant CEO Advises Caution as Bitcoin Rallies, Suggests Gradual Selling for Investors

By Mayowa Adebajo Nov 6, 2024 • 3 mins read

Ki Young Ju confirms that the likelihood of BTC climbing 30-40% from its current levels is very high.

Altcoin News, Cryptocurrency News, News

‘Wild’ 48 Hours for Chainlink: LINK Up 12%, Multiple Partnerships Announced

By Anisha Pandey Nov 6, 2024 • 3 mins read

The trading volume of LINK increased by 78.85% in the past 24 hours to $499 million while its market cap stood at $7.41 billion, making Chainlink the 14th-largest cryptocurrency.

Blockchain News, Cryptocurrency News, News

JPMorgan to Introduce Instant Dollar-Euro FX Settlement Powered by Kinexys Blockchain

By Chimamanda U. Martha Nov 6, 2024 • 3 mins read

JPMorgan shifts towards FX spreads as part of its strategy to generate additional revenue for the Kinexys network.

Altcoin News, Cryptocurrency News, News

Solana Surges 17%, Overtakes BNB as Trump’s Lead Boosts Hopes for SOL ETF Approval

By Mayowa Adebajo Nov 6, 2024 • 3 mins read

Solana’s climb has now placed it as the fourth-largest cryptocurrency position, following only Bitcoin (BTC), Ethereum (ETH), and Tether’s USDT.

Cryptocurrency News, News

Pro-Crypto Candidates Take Lead in US Elections, Pushing Bitcoin to Record Highs

By Temitope Olatunji Nov 6, 2024 • 3 mins read

Pro-crypto candidates lead US elections, boosting Bitcoin to record highs amid growing optimism for crypto-friendly policies under potential Trump presidency.