CRYPTO TECH

Solana has demonstrated remarkable resilience in the face of potential market turbulence stemming from holdings associated with the FTX bankruptcy estate.

The wallet address associated with Tether occupies the 11th position within the esteemed Top 100 Bitcoin Holders list, laying claim to an impressive 0.3% stake in the prevailing circulating supply of the world's largest cryptocurrency by market capitalization.

"Tonight, I am also making another promise to protect Americans from government tyranny," Trump said.

All other spot Bitcoin ETFs have seen about $1.9 billion in net inflows, excluding GBTC.

ARK Invest executed a strategic reallocation of its assets on Tuesday, divesting some of its holdings in ProShares Bitcoin Strategy ETF (BITO).

Despite not significantly impacting Bitcoin's price, the robust trading activity and substantial net inflows indicate a successful introduction and a positive market reception for Bitcoin ETFs.

FTX did not specify the exact sum allegedly misappropriated by Bankman and Fried but detailed certain expenditures: Bankman's annual remuneration of $200,000 as a senior adviser to the FTX foundation, over $18 million allocated for Bahamian real estate, and $5.5 million in contributions made by the FTX Group to Stanford University.

Do Kwon could be in the U.S. by mid-March to attend the trial in the $40 billion crypto fraud case.

While opinions vary on the impact of Bitcoin ETFs on MicroStrategy's investment approach, Saylor views their approval as a major financial development, potentially the most significant one on Wall Street in the last 30 years.

Musk, who christened himself as DogeFather, shared during a recent X Spaces event that he still owns DOGE while another one of his companies still has "a bunch" of Bitcoin on its portfolio.

An analyst predicted that if this trend continues, the market could experience "an extreme supply crunch" in Bitcoin.

Musk, initially skeptical, is now reconsidering the use of Bitcoin as a potential currency for Mars colonization, contemplating its feasibility and the challenges of transaction times in space.

The Lazarus Group was involved in a third of all crypto exploits and thefts, siphoning off around $600 million in funds in 2023 alone.

ARK Invest purchased over 105,000 shares of Tesla while simultaneously selling off COIN shares worth over $25 million Wednesday.

Malicious actors stole Tether (USDT) worth around $30 million, $22.5 million in Ethereum (ETH), $10 million in DAI, $10.44 million in Wrapped Bitcoin (WBTC), and $10 million in USDC.

Saylor had commenced the sale of his stock option awards, consisting of 315,000 shares, which were originally granted to him in April 2014. These stock options will expire on April 30.

Solana's value returned to its pre-Christmas price last week with holders concerned that the price rally of the altcoin in the past few weeks might not continue.

Only Shiba and Bitcoin have maintained their status as the most popular tokens on India-based WazirX, consistently making it to the exchange's monthly ranking of the top four tokens.

For the first time since 2020, the amount stolen in crypto hacks is on a downtrend and is 50% lower than the amount pilfered by malicious actors in 2022.

Tether's strategic move to withdraw millions of dollars in Bitcoin has resulted in a staggering profit of $1.148 billion, recording a 68% profit margin.

This is the second time that Zhao's request to leave the United States has been denied by the court.

The affected crypto businesses include Binance, Kucoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex.

With its recent price action, Solana ranks fifth in the list of the world's largest crypto assets by market capitalization, which is led by Bitcoin, the world's oldest asset.

Zhao had asked the court for travel permission in the past, but his latest appeal provided more context on his requests.

Data also showed that Coinbase executives, including CFO Alesia J. Haas, Director Rajaram Gokul, and COO Choi Emilie offloaded millions of dollars worth of shares this month alone.

Worldcoin's efforts seem to have been paying off slowly, with its crypto WLD seeing impressive gains over the past 30 days.

Just four months after its initial launch, Shibarium has processed over 200 million transactions, highlighting the L2 blockchain's ability to handle large volumes of transactions efficiently.

The 46-year-old billionaire, who founded Binance in 2017, has a net worth of $37.2 billion, which means his wealth saw a year-to-date increase of $24.6 billion.

The newly minted USDT will not be introduced to the market right away but will serve as reserved tokens for future distribution needs or chain swaps whenever needed.