Anyone who spent at least $4,653 on Trump’s ‘Mugshot’ NFTs will be able to have dinner with the former president in Florida on May 8. Source: https://cointelegraph.com/news/donald-trump-mugshot-nft-dinner
Month: May 2024
FTX to Repay Most Clients Post $11.2 Billion Debt Resolution
FTX has announced that almost all its customers will be reimbursed, just under two years after the cryptocurrency exchange’s dramatic failure. In a recent court filing, FTX disclosed it owes creditors approximately $11.2 billion, but has between $14.5 billion and $16.3 billion available for distribution. According to the documents submitted to the U.S. Bankruptcy Court for the District of Delaware,…
Coincheck, Thunder Bridge move closer to Nasdaq listing with public filing
Coincheck and Thunder Bridge Capital filed their registration statement with the SEC, bringing their merger and Nasdaq listing closer to completion. Source: https://cointelegraph.com/news/coincheck-thunder-bridge-closer-nasdaq-listing-public-filing
Avalanche Game ‘Shrapnel’ Now Lets Players Buy SHRAP With Credit/Debit Cards
Shrapnel, the anticipated first-person extraction shooter built around Avalanche blockchain assets, has launched a feature that enables players to purchase its SHRAP token using a credit or debit card, removing a potential barrier for mainstream gamers who haven’t previously handled cryptocurrency. Until now, players looking to buy the SHRAP token—which is used for purchasing in-game equipable cosmetics and future user-generated…
Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval
Grayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the U.S. Securities and Exchange Commission. James Seyffart, a Bloomberg analyst specializing in exchange-traded funds (ETF), expressed puzzlement over Grayscale’s decision to do so. Grayscale’s Strategic Ethereum Trust Retraction Filing Raises Questions Per a filing with […] Source: https://news.bitcoin.com/grayscale-withdraws-ethereum-etf-proposal-amid-skepticism-over-sec-approval/
What is BONK? Solana’s Dog-Themed Community Meme Coin
Born out of the wreckage left behind by the collapse of FTX in November 2022, BONK is a meme coin aimed at bringing together the Solana community. In December 2023, a BONK boom saw the cryptocurrency’s market cap surge to over $1 billion, causing Solana Saga smartphones to sell out after savvy traders realized that the BONK airdrop bundled with the…
Meme Coin Creator Said He Had No Hands, So He Couldn’t Rug—He Lied
A man claiming to have no hands started a live Twitch stream encouraging crypto users to invest in his Solana meme coin last weekend—because without hands, so he claimed, he was incapable of rug pulling the project and bailing with the proceeds. “I don’t have hands, I cannot rug you guys, chill,” the dev’s Twitch channel, NoHandsNoRug, proclaimed heavy-handedly. Can…
Crypto, CBDCs and Stablecoins Are the Future, Says Former CFTC Chair
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Despite heading the Digital Dollar Project as a co-founder and executive chairman, J. Christopher Giancarlo believes that CBDCs aren’t the only way forward in finance. “The…
What do crypto market makers actually do? Liquidity, or manipulation
The role of crypto market makers is poorly understood: do they simply ensure crypto trades go through… or do they manipulate crypto markets? Source: https://cointelegraph.com/magazine/crypto-market-makers-legit-dodgy-fake-it/
FTX Claimants Will Get Their Solana NFTs Back—But FTT Holders Get Nothing
FTX’s bankruptcy estate announced Tuesday that creditors and customers are likely to receive between $14.5 billion to $16.3 billion in total compensation—but that doesn’t include payouts for holders of FTX’s ill-fated FTT token. Once regarded as the defunct exchange’s native token on Ethereum, allowed claims regarding FTT are to be “canceled or released,” a plan filed in Delaware bankruptcy court…