The FTX Recovery Trust has announced it will begin disbursing more than $5 billion to creditors from May 30. This payment round marks the second distribution to eligible parties as the firm continues its efforts to reimburse those affected by its collapse. Repayment Efforts In a May 15 release, the company’s bankruptcy estate categorized creditors...Read More
The State of Wisconsin Investment Board (SWIB), an independent agency handling assets for Wisconsin’s retirement and state investment funds, has divested its shares of BlackRock’s spot Bitcoin exchange-traded fund (ETF). SWIB was one of the early buyers of spot Bitcoin ETFs, setting a precedent for other U.S. states to follow. It is unclear why the...Read More
While the crypto market recovered last week, the Tron ecosystem quietly recorded a significant milestone for the year. As reported by Burakkesmeci, an analyst for the market intelligence platform CryptoQuant, all cohorts of investors holding TRX, the native asset of the Tron network, have seen their positions turn green. TRX Holders Enter Profit Zone Burakkesmeci...Read More
[PRESS RELEASE – San Francisco, California, May 16th, 2025] Hawkins Was Instrumental in Strategy, Marketing & Communications That Helped Drive Global Adoption of the USDC Stablecoin, Will Play Central Role at Aleo in Shaping Privacy and Security, Pioneering Voice and Policy Engagements The Aleo Network Foundation (Aleo), the leading platform for building private, secure, scalable,...Read More
Ether (ETH) has been on a roll in the past seven days, accumulating nearly $1,000 in gains. Data from CoinMarketCap shows that the assets recorded a 56% surge over the last 30 days. While the cryptocurrency continues to shock skeptics and defy negative market sentiment, data from on-chain analytics platform CryptoQuant has highlighted important ETH...Read More
Dogecoin’s active addresses spike to a 6-month high, reflecting peak retail engagement and renewed market attention. On-chain metrics show transacted coin acquisition cost and realized profits nearing February levels, hinting at potential distribution. DOGE trades at $0.226, with key resistance at $0.30 and support at $0.20; failure to flip could trigger retest of $0.145 trendline....Read More
Following the recent Coinbase $400 million breach, it has been revealed that hackers gained unauthorized access to sensitive customer data as early as January. A person familiar with the matter said the attackers had constant access by bribing customer service representatives, eventually demanding a $20 million ransom. Culprits Bribed Foreign-Based Support Staff According to a...Read More
