Day: May 20, 2025

Binance Blames SBF for FTX Implosion, Wants to Toss Lawsuit

Key Notes Binance filed a motion to dismiss a $1.76 billion clawback suit from the FTX estate. Motion claims that FTX’s claims are baseless and the court lacks jurisdiction since Binance and CZ are not US citizens. While legal battles continue, the FTX Recovery Trust is preparing to distribute over $5 billion to creditors. In a legal rebuttal filed on May 16, crypto exchange Binance asked a Delaware bankruptcy court to dismiss a $1.76 billion clawback lawsuit brought by the FTX estate.  In the documentation, the leading digital asset trading…

Strive to acquire ‘distressed’ Mt. Gox Bitcoin at discounted price

boss

Strive Enterprises, the asset management firm founded by Vivek Ramaswamy, has announced plans to purchase distressed Bitcoin claims.  Some of these claims include those tied to the Mt. Gox estate. This announcement came through a strategic partnership with 117 Castell Advisory Group. The move is aimed at acquiring discounted Bitcoin (BTC) exposure for Strive’s investment products. According to the SEC filing, the partnership will target claims that have been legally settled but not yet distributed, such as approximately 75,000 BTC from Mt. Gox’s bankruptcy proceedings.  By acquiring these claims below market…

Whale Shorts Ethereum on Hyperliquid Amid Price Rebound

Key Notes A whale used $3.8 million USDC to open a $2 million short on Ethereum via Hyperliquid. The position carries 25x leverage and triggered debate across trading circles. ETH price remains volatile, trading near $2,510 with upside targets still in play. Current market data shows that a whale has opened a major short position on Ethereum ETH $1 845 24h volatility: 2.6% Market cap: $222.72 B Vol. 24h: $14.22 B using a popular decentralized perpetual exchange, Hyperliquid HYPE $19.97 24h volatility: 5.4% Market cap: $6.67 B Vol. 24h: $206.60…

20 DIN MINING KRKE KITNA PAISA KAMAYA ANTMINER L7 ?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io stabilizer link for any antminer sim router link internet cable to buy any antminer click on below link whatsapp chat link telegram group link contact directly on 9356450012 call or whatsapp Whether you’re an experienced miner or a curious enthusiast, this video offers valuable insights into the Antminer L7, empowering you to make informed decisions and maximize your mining profits. Don’t miss this exciting opportunity to uncover the power of the Antminer L7 and revolutionize your cryptocurrency mining experience! #ASICmining #CryptocurrencyMining #ASICminers…

Bitcoin Goes Corporate In Indonesia With $100M Treasury Shift

boss

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Shares in Indonesian fintech firm DigiAsia Corp jumped sharply on May 19 after it revealed plans to put Bitcoin at the center of its future. Related Reading The company…

The crypto market values chains more than standalone applications

boss

Opinion by: Hatu Sheikh, founder of Coin Terminal Although blockchains and DApps are critical, crypto industry stakeholders often prioritize applications based on adoption principles and revenue distribution. DApps won’t function without their underlying chains. The markets must uphold blockchains for long-term value generation. The value perspective is wrong  Blockchains and DApps should work collaboratively to coordinate their functions for better usability. Instead, analysts create a binary between chains and DApps based on Web2’s structural frameworks. In “Fat Protocols,” Joel Monegro argued that value within the internet stack comprises “thin” protocols…

AAVE Price Jumps 25% Today Amid “Golden Cross” Formation

Key Notes Aave has solidified its position as the top DeFi protocol by TVL, which has grown 40% in the past month to $40.7 billion. The protocol’s year-to-date revenue exceeds $250 million, supported by a 57% spike in daily active addresses. Technical analysis shows strong bullish signals with “Golden Cross’ approaching, with a breakout potentially paving the way to $347.19, representing a 30% upside. Along with the broader crypto market upside, AAVE AAVE $174.6 24h volatility: 5.5% Market cap: $2.64 B Vol. 24h: $270.65 M price has shot up 25%…

Solaxy Presale Ends in 27 Days, Aims for $74M+ Presale Raise – Buy While You Can

boss

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Solaxy ($SOLX), the native token of Solana‘s first-ever Layer 2 solution and one of the most anticipated new cryptos, has entered the last 27 days of its presale, and investors (both retail and whales) can’t keep…

Bitget Wallet Unveils Brand Update, $1M Incentive Campaign

Bitget Wallet has introduced a new brand identity and launched a $1 million campaign aimed at encouraging broader use of its crypto wallet services. Bitget Wallet Adds New UI, Campaign Targeting User Engagement The update includes a revised logo and interface changes described as more user-friendly. Bitget Wallet, a non-custodial crypto platform, said it now […] Source CryptoX Portal

NBA star Tristan Thompson misses $32B in Bitcoin by taking $82M contract in cash

boss

NBA player and reality television personality Tristan Thompson signed an $82 million NBA contract in 2015… a dream deal at the time. But now that he’s become a Bitcoiner, he dreams of an alternate history where that money was paid via BTC. “What I know now, I would have definitely pushed to get paid in Bitcoin,” Thompson tells Magazine. “It’d be so much, I’d be laughing and kicking, being like ‘this is the best gamble in American sports history,’” the longtime crypto fanatic says. On the day Thompson signed his…