Approximately $1.9 billion worth of locked Solana (SOL) tokens from the FTX estate are set to be sold to firms such as Galaxy Digital and Pantera. Mike Cagney, Figure CEO, has confirmed this transaction will occur via an auction, yet he has not provided further details. Just got confirmation that the next round of locked … Read more
Midas, a Turkish investment start-up, has obtained $45 million in financing from Portage Ventures of Canada for introducing cryptocurrency offerings. Midas, the popular retail investing app based in Turkey, announced in a statement that they have successfully secured $45 million in investments from various backers. This funding will be used primarily to broaden their services, … Read more
After Bitcoin‘s latest halving, tokens connected to its Layer 2 solutions have stolen the limelight, surpassing Bitcoin in growth. For instance, STX, the native token of the Stacks network, has experienced a significant surge, jumping approximately 20% to reach $2.87. In comparison, Bitcoin has only seen a moderate rise of around 4.7%, reaching $66,300. According … Read more
What are the potential implications for the global Bitcoin market and Norway’s economy following the country’s stricter regulations on cryptocurrency mining? With Bitcoin’s (BTC) latest halving event now behind us, where miner rewards were reduced to 3.125 Bitcoins, Norway is determined to tackle the energy-consuming activity of cryptocurrency mining that takes place within its territory. … Read more
Thai officials have announced a ban on unlicensed cryptocurrency platforms, aiming to enhance the capacity of law enforcement agencies in dealing with cybercrimes effectively. (April 19th statement) After a gathering of the Technology Crime Prevention and Suppression Committee, the Thai Securities and Exchange Commission (SEC) was instructed to share details with the Ministry of Digital … Read more