The FTX Recovery Trust has launched a second wave of payments to creditors, marking a major milestone in the collapsed exchange’s ongoing reimbursement process.
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Category: Cryptocurrencies
BlackRock’s IBIT Sees $430M Outflow, Ending 31-Day Inflow Streak
BlackRock’s iShares Bitcoin Trust (IBIT) saw a sharp reversal on May 30, recording $430.8 million in outflows and ending a 31-day inflow streak.
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NFT Lending Volume Crashes 97% as Sector ‘Matures’, says DappRadar
NFT lending volumes have collapsed 97% since Jan 2024, falling from nearly $1 billion to $50 million. Analysts trace the slide to fading airdrop incentives and liquidations, yet consider it a maturation phase as protocols cater to long-term collectors and adopt real-world asset collateral.
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JD.com Stablecoin Hits Phase 2 Hong Kong Sandbox Testing and Targets Global Payments
JD.com has entered Phase 2 of Hong Kong’s stablecoin sandbox with a fiat-pegged token aimed at cross-border payments, enterprise settlement and retail use. The firm cites supportive regulation and plans a wider launch after compliance checks, urging users to avoid unofficial purchase offers.
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Two NYPD Allegedly Officers Caught in Crypto Kidnapping Storm, Duties Curtailed
Two detectives have faced modified duty as NYPD inspectors examine claims they moonlighted for alleged crypto criminals who kidnapped and tortured an Italian businessman in a SoHo apartment. One officer reportedly drove the victim from the airport before the weeks-long ordeal began.
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Bitcoin Price Prediction: BTC Slips Below $105K as Global Policies Shif
Bitcoin price prediction: BTC slides below $105K amid global policy shifts and technical indicators signaling further downside. Watch for key levels.
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Nigel Farage Vows Pro-Crypto Bill, Bitcoin Reserve If Elected UK PM
Nigel Farage has thrown his full backing behind cryptocurrency, unveiling an ambitious pro-crypto legislative plan at this year’s Bitcoin 2025 conference in Las Vegas.
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SEC Staking Shake-Up: Agency Says Proof-of-Stake Isn’t a Securities Deal – What It Means Now
SEC staking guidance has outlined that protocol staking, ancillary services and third-party staking-as-a-service providers do not involve securities offerings, so participants need not register under the Securities Act. Commissioner Peirce has welcomed the clarity, while Crenshaw has voiced concern.
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Trump Media Raises $2.44B to Launch Corporate Bitcoin Treasury – Is This the Future of Corporate Crypto?
Trump Media has raised $2.44B from nearly 50 institutions, channeling proceeds into Bitcoin custody at Crypto.com and Anchorage Digital. The plan could place the firm among the top five global corporate BTC holders while reflecting institutional demand for digital reserves amid shifting regulations
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Cardano Price Prediction: On-Chain Data Shows Whales Accumulated While Retail Sold – Is a Parabolic Move Coming?
Cardano has gone down by nearly 6% in the past 24 hours as the market has finally decided to take some profits off the table after multiple weeks of strong rallies.Trading volumes have gone up by nearly 43% and are currently nearing the $1 billion mark for Cardano, emphasizing that the selling spree might be […]
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