FTX Unveils $3.4B Crypto Holdings: $1.16B Solana, $560M Bitcoin – Is Trouble ...
In a recent Monday court filing, it was disclosed that the estate of bankrupt crypto exchange FTX has amassed approximately $7 billion in assets (3.4B in crypto), including $1.16 billion worth of Solana (SOL) tokens and $560 million in Bitcoin (BTC). The news sent shockwaves through the cryptocurrency market, with SOL and BTC experiencing negative price movements. Related Reading: Lost In Transaction: Bitcoin User Overpaid By $500,000 For A $200 Deal SOL And BTC Experience Declines As FTX Prepares For Liquidation Solana (SOL), trading around the $20 level on Sunday, witnessed a....
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The FTX estate has reportedly staked 5.5 million Solana (SOL), worth $122 million. This development comes amidst fears of the defunct crypto exchange liquidating a substantial portion of its SOL holdings and inducing a bearish trend. FTX Renews Bullish Interest In Solana With Latest Move On October 14, blockchain tracking platform Whale Alert reported that 5.5 million SOL had been transferred between two unknown wallets. Thereafter, a crypto analyst with the X username ashpool soon identified the FTX exchange to be behind this whale transaction. Using data from gelato.sh, ashpool revealed....
Amid trouble with the U.S. Securities and Exchange Commission (SEC), global cryptocurrency exchange Coinbase unveils its plan to raise $1.5 billion by selling bonds.
Coinbase Plans to Issue $1.5 Billion in Bonds
Coinbase Global Inc. (Nasdaq: COIN) announced Monday “its intention to offer, subject to market conditions and other factors, $1.5 billion aggregate principal amount of its Senior Notes due 2028 and 2031 in a private offering.”
The company explained that the notes “will be fully and unconditionally guaranteed by Coinbase Inc.” and....
As the cryptocurrency market continues to evolve, Solana (SOL) holders are exploring new opportunities to diversify their portfolios. One of the most exciting developments is the rise of Mpeppe (MPEPE), a meme-based gambling ICO that has captured the attention of Solana (SOL) investors. With Solana (SOL) showing strong upward momentum, many are now adding Mpeppe […]
Dune Analytics data shows nearly 80% of the current UNI token supply has so far been snapped up by eligible Uniswap wallet addresses.
According to reports on social media, crypto forums, onchain metrics, and the Solana Status Twitter account indicate that Solana’s blockchain has stalled. Solana mainnet-beta suffered a four-hour downtime and is still down after a technical glitch. ** Editor’s Note: At 3:30 p.m. (EST) on Sept. 14, 2021, this post was updated with a statement written by the Solana Status Twitter account. At the time of update, Solana’s issues still persist and the community is preparing a fix. Solana’s Network Stalls In recent times, solana (SOL) joined the top ten crypto assets....