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Month: May 2025
Bankrupt Crypto Exchange FTX Officially Kicks Off Second Round of Creditor Repayments With $5,400,000,000 Distribution
The bankrupt crypto exchange FTX has begun distributing more than $5.4 billion to creditors. The payouts represent the exchange’s second round of distributions after smaller creditors categorized in FTX’s “Convenience Class” started receiving repayments in February. Creditors in this round include “convenience class” members and larger claims. They will all receive funds via BitGo or Kraken within one to three business days from Friday, per a new press release. FTX will make payouts from its $11.4 billion cash reserves, and the exchange says subsequent distributions will be announced “in due…
Bitcoin ETF Outflows Deepen With $616 Million Exit While Ether ETFs Ride 10-Day Inflow Wave
Bitcoin ETFs saw their 2nd consecutive day of outflows, shedding $616 million in capital, with Blackrock’s IBIT leading the retreat. Meanwhile, ether ETFs extended their winning streak to 10 days, fueled solely by Blackrock’s ETHA. Bitcoin ETFs Slide for Second Day As Blackrock’s IBIT Leads Withdrawals After 10 days of bullish momentum, bitcoin ETFs appear […] Original
Mega Matrix Inc. Board of Directors Approves Bitcoin and Ethereum as Treasury Reserve Asset
SINGAPORE, May 30, 2025 /PRNewswire/ — Mega Matrix Inc. (“MPU” or the “Company”) (NYSE American: MPU), today announced that the Company’s Board of Directors approved the purchase of Bitcoin and/or Ethereum to hold as a treasury reserve asset. Yucheng Hu, Chief Executive Officer of MPU, commented, “Bitcoin and Ethereum represent next-generation treasury assets that enhance our financial strategy. While remaining focused on our core short drama streaming business, we believe this move strengthens our long-term balance sheet positioning.” About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding…
XRP Price Risks Crash Below $2 As Correction Takes Hold, Here’s Why
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. The recent price action for XRP has shown little sign of strength as the crypto is now battling sustained bearish pressure. Since the start of the correction phase on…
Charles Hoskinson Reaffirms Commitment to Bitcoin DeFi, Cardano Innovations
Key Notes Cardano’s Charles Hoskinson spotlighted Cardano’s progress over the years and new Bitcoin DeFi push. The crypto pioneer has previously expressed confidence in the long-term prospects of the Bitcoin DeFi niche. Last year, the Bitcoin DeFi niche saw a significant valuation boost with over 2000% growth. Cardano Founder, Charles Hoskinson, shared a post on X earlier on May 31, reaffirming the blockchain’s commitment to enabling Bitcoin DeFi. He views this move as a strategic step towards positioning Cardano as a leading cryptocurrency. Cardano Forges Ahead With a Focus on…
Polizei findet 4.500€/Monat BITCOIN-Anlage! 🥦
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Crypto Market में Bull Run की तैयारी शुरू!| Binance Update | cryptocurrency Updates | crypto news
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Ethereum’s 50% rally setup vs. Bitcoin sparks altseason hopes
Key takeaways: Ethereum is forming bullish cup-and-handle and bull flag patterns against Bitcoin, signaling a potential 30–55% upside. Analysts say an ETH/BTC breakout could trigger a major altseason, similar to those in 2017 and 2021. Historical altcoin market patterns suggest potential for a 250x rally in 2025 if trends repeat. Ethereum’s native token, Ether (ETH), is forming at least two classic bullish patterns versus Bitcoin (BTC), fueling optimism that a breakout could trigger the next altcoin season. Ether indicators hint at 30-55% rally next The Ether-to-Bitcoin ratio (ETH/BTC) is forming…
Sui Prover Enhances Smart Contract Verification on Sui Blockchain
Zach Anderson May 31, 2025 14:34 Sui Prover introduces formal verification for smart contracts on the Sui blockchain, ensuring enhanced security and reliability. Developed by Asymptotic, it’s now available to developers seeking robust contract validation. The introduction of the Sui Prover marks a significant advancement in the formal verification of smart contracts on the Sui blockchain. Developed by Asymptotic, the Sui Prover offers developers the ability to mathematically confirm that their smart contracts function precisely as intended, thus setting a new benchmark…