CoinShares secures 116% return from FTX claim sale
CoinShares will reinvest $39.78 million from the sale of its FTX claim into growth opportunities and enhanced client services.
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US authorities oppose ex-FTX exec’s motion to void plea deal
The US Attorney’s Office said Ryan Salame made a “demonstrably false” allegation by claiming prosecutors did not intend to continue investigating his partner, Michelle Bond.

Crypto adoption in Cyprus beefed up by ByBit license approval
Following Binance's departure from the island, ByBit strengthens Cyprus' crypto ecosystem with license approval for operations Crypto exchange Bybit has announced a license approval to operate as an exchange and custody service in Cyprus. The world’s third most visited crypto exchange will begin offering to trade between crypto and fiat currency pairs and crypto-related financial…

Paxos is engaged in ‘constructive discussions’ with SEC: Report
The stablecoin issuer is currently facing a lawsuit from the SEC in which the financial regulator claimed BUSD was an unregistered security. 339 Total views 4 Total shares Own this piece of history Collect this article as an NFTStablecoin issuer Paxos was reportedly discussing the Binance USD (BUSD) stablecoin with the United States Securities and…

Total BTC Fees for On-Chain Transactions Surged 50% in Last 24 Hours
The total fees paid for on-chain Bitcoin transactions over the last 24 hours increased by over 50% today. 1316 Total views 46 Total shares The total fees paid for on-chain Bitcoin (BTC) transactions over the last 24 hours increased over 50% since yesterday.On-chain data analytics service, Glassnode, pointed out several major developments shown by Bitcoin’s…

MetaMask users gain 2FA security via MultiversX Snap integration
The MultiversX Snap for MetaMask introduces a new level of security, embedding two-factor authentication directly into the blockchain protocol for enhanced protection.

Former Jane Street, PIMCO traders raise $15M for ZK proof-of-solvency protocol
A team of former Jane Street and PIMCO traders have raised $15 million to produce a proof-of-solvency protocol for centralized exchanges, stablecoin issuers and other asset managers in the crypto space, according to a press release from the team shown to Cointelegraph. Called “Proven,” the new protocol allegedly uses zero-knowledge proofs to reveal an institution’s…

Memecoins and AI are pushing Gamefi out of the spotlight
Industry figures disagree on whether GameFi is having a good year as other aspects of Web3 hog the spotlight.

Blockchain soccer gaming startup Sorare raises $50M
Sorare has raised $50 million in a Series A round, bringing its total funding to $60 million. 2537 Total views 10 Total shares Sorare, a major blockchain-based soccer gaming platform, has raised $50 million from high-profile investors backing major companies like Twitter, Instagram and DiscordThe fresh Series A round brings Sorare’s total funding to $60…