The bankrupt cryptocurrency exchange FTX has staked around $170 million in various crypto assets, including Solana, Ethereum, and MATIC. Blockchain data shows that the defunct platform has staked over 5.5 million SOL and more than 24,000 ETH. FTX has sent 5.5 million SOL, valued at $122 million, to the Figment network for staking, which is […]
FTX founder Sam Bankman-Fried’s criminal trial has revealed an extensive list of donations made by FTX associates. Bankman-Fried himself donated over $133 million, with the majority going towards political donations. Notable recipients include Republican senator Mitt Romney and Democratic senator Cory Booker. The largest donations were made to political groups and PACs, which have fewer […]
The US Securities and Exchange Commission (SEC) is showing no signs of slowing down its regulatory scrutiny and enforcement actions against the crypto industry. The SEC’s Division of Examinations has announced its priorities for 2024, indicating a potential tightening of regulations for crypto exchanges, firms, and cryptocurrencies classified as securities. The Division will focus on […]
The Fantom Foundation, a rival of Ethereum, has fallen victim to a major exploit, resulting in the loss of funds. According to blockchain security experts, the foundation’s wallets have been drained of both Ethereum (ETH) and Fantom (FTM) tokens. The CertiK Alert platform confirms that the foundation’s Wallet 20 lost approximately $470,000 worth of FTM, […]
