Sam “SBF” Bankman-Fried, the disgraced co-founder of collapsed cryptocurrency exchange FTX, to a low-security US federal correctional institution Bankman-Fried was moved to the low-security Terminal Island federal correctional institution. Previously, he was located at the Victorville medium-security facility, a notoriously violent place, according to prison consultant firm Elizabeth Franklin-Best. Samuel Goldfaden, a partner at the…
The price of bitcoin (BTC) price has recovered to $94,000 since hitting lows under $75,000 early this month. The surge is characterized by crypto whales, large investors with substantial capital, snapping up coins from the market, in activity seen as confirming the rally. The renewed demand from whales is evident in Glassnode’s proprietary Accumulation Trend…
Polygon Labs CEO Marc Boiron called for a fundamental shift in how decentralized finance (DeFi) protocols manage liquidity, labeling the sector’s ongoing liquidity crisis as “self-inflicted.” In an exclusive interview, Boiron outlined Polygon’s vision for sustainable DeFi, emphasizing chain-owned liquidity and transparent economic models as the path forward. Boiron criticized DeFi protocols for fueling a…
The Donald Trump memecoin project has clarified the rules of its newly launched competition, which gives holders a chance to attend a private dinner with the US president. On April 23, the team behind the TRUMP token announced that the top 220 holders would receive invites to an exclusive dinner set for May 22. They…
The tide of capital once destined for raw spot Bitcoin has begun to flow through institutional canals, spot exchange-traded funds (ETFs), structured products and wrapped exposure, and while the water is rising fast, the waves aren’t quite the same. Bloomberg’s senior ETF analyst, Eric Balchunas, pointed out on X that there is a large movement…
Arbitrum price sits around $0.34, up about 5% in the past 24 hours. ARB is up despite reports Nvidia has paused a much-anticipated partnership. The broader crypto market however remains bullish. Arbitrum (ARB) price hovers around $0.34, up about 5% in the past 24 hours despite reports that global chip giant Nvidia has paused a…
Two firms, Blocknovas LLC and Softglide LLC, were spun up by North Korea’s Lazarus Group, according to cybersecurity outfit Silent Push. Two firms, Blocknovas LLC and Softglide LLC, were spun up by North Korea’s Lazarus Group, according to cybersecurity outfit Silent Push. , Business Decrypt
Crypto majors and top meme tokens are consolidating the week’s strong gains as the bulls strive for more gains in the ensuing sessions. While most of them trade within a tight range, fresh projects like CartelFi have maintained an upward momentum. CartelFi, a new Defi platform, is going viral by solving an inefficiency that meme…
Key Takeaways: BTC liquidation levels, onchain data and chart setups converge at the $100K target. Profitability has surged, suggesting a rebound in market confidence. BTC breakout patterns point to $100K as a short-squeeze and euphoria magnet. Bitcoin (BTC) is flashing multiple technical and onchain signals suggesting that a rally to $100,000 is possible by May….
U.S. spot bitcoin (BTC) ETFs have recorded approximately $2.8 billion in net inflows over the past five trading days, contributing to driving the price of bitcoin higher from around $85,000 to $94,000. The iShares Bitcoin Trust (IBIT) has accounted for $1.3 billion of these inflows alone. Michael Saylor, Chairman of the largest listed bitcoin holder…