Day: October 11, 2024

X Empire to Drop X Token on TON Soon

X Empire, a wildly popular Elon Musk-themed tap-to-earn game, has captured the attention of over 50 million players worldwide. On Friday, the game’s developers announced that the much-anticipated launch of its X token will take place on October 24. Alongside the launch, players will receive a massive airdrop of X tokens. Marking the culmination of […]

Binance Exec Denied Bail Amid Health Crisis

Tigran Gambaryan, a high-ranking Binance executive, has been denied bail despite severe health complications, according to a family spokesperson. Gambaryan, who oversees Binance’s financial crime compliance, has been in Nigerian custody since February and is reportedly suffering from a herniated disc in his back, causing debilitating pain. His family has been pushing for his release […]

FTX Creditor Sues Hedge Fund Over Claim Payout

An FTX customer has taken hedge fund Olympus Peak to court, accusing the firm of underpaying him for his bankruptcy claim. Nikolas Gierczyk, a California-based FTX creditor, sold his $1.59 million claim last year at a 42% discount but now claims Olympus Peak stands to profit significantly from their agreement. In a lawsuit filed Thursday […]

FTX Exec Ryan Salame’s Prison Humor

Most people use LinkedIn to celebrate promotions or announce career moves. But on Thursday, Ryan Salame, former co-CEO of FTX, used the platform to reveal his next chapter: prison. Just days before starting his seven-and-a-half-year sentence. Salame posted, “I’m happy to share that I’m starting a new position as [an] inmate at FCI Cumberland.” From […]

Crypto Shrugs Off SEC Action Against Cumberland

Thursday’s announcement that the U.S. Securities and Exchange Commission (SEC) had filed charges against crypto market maker and liquidity provider Cumberland DRW barely stirred the crypto market. Despite Bitcoin briefly dipping below $60,000 prior to the news, the world’s largest cryptocurrency has since stabilized, according to data from CoinGecko. Resilience in the Face of Regulation […]

Metaplanet Expands Bitcoin Strategy with $6.5M Purchase

Metaplanet Inc., the Tokyo-listed firm known for its aggressive approach to Bitcoin (BTC), has once again made waves with its latest purchase. On Friday, the company announced it had acquired an additional 108.999 Bitcoin for ¥1 billion (US$6.5 million), pushing its total Bitcoin holdings to an impressive 748.502 BTC. A Strategic Bitcoin Bet Metaplanet’s Bitcoin […]