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By this point, DraftKings was rolling in MATIC rewards. In eight months, the validator's token stake had grown 120% to 5,578,691 MATIC ($6.3 million at the time). No other Polygon validator had earned that much for itself over that time. Then again, none of the other validators had been charging
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Recent events surrounding the crypto exchange Binance sparked significant debate about the United States’ crackdown on crypto firms. According to Omid Malekan, adjunct professor at Columbia Business School and author, the Department of Justice’s approach in the case is very different from what is seen in traditional finance.“People who sincerely
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Two tokenized versions of Dutch artist Vincent van Gogh’s paintings have reportedly been sold for more than $2.5 million combined. Data from on-chain aggregator CryptoSlam.io shows that a non-fungible token (NFT) rendition of a painting by Van Gogh has changed hands for $1.3 million. The transaction comes only a day after
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The latest transactions followed $19 millions worth of crypto moved from FTX cold wallets to exchanges. Source
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"The most prominent public crypto fundraising campaign has been operated by Gaza Now, a pro-Hamas news organization," according to Elliptic. "However, only $21,000 in cryptocurrency has been donated since October 7th, and thanks to the efforts of crypto businesses and researchers, much of this has been frozen." Source
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These funds seemed to be sent to wallets of crypto exchange Binance as per Nansen data, where they presumably could be sold. Source
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“Bitcoin has also been encouraged by possible ETF approval and an increasing number of ETF submissions by leading companies,” shared Lucy Hu, senior trader at Metalpha, in a message last week. “(With the) Bitcoin ETF approval and halving event in April, the crypto market could kickstart a very robust bull
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CryptoX reported this June that Hamas’ militant wing, Izz ad-Din al-Qassam Brigades, had received up to $100,000 in bitcoin (BTC) since the beginning of 2021 – with a spike in donations in May, when Israel and Hamas exchanged rocket attacks. Binance was at the center of the transactions, according to
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Most of these were losing bets from the start with Alameda losing millions of dollars in its first months. It lost over $500,000 every day throughout one such month, Lewis wrote, while some trading funds had “simply vanished” due to poor fund management. Original Source
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FTX was hacked in November 2022, hours after the global crypto empire declared bankruptcy and its founder Sam Bankman-Fried stepped down from running the company. Source
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