Magic Eden Announces $312M ME Token Airdrop
The ME Foundation revealed on Monday that 12.5% of the total ME token supply, equivalent to 125 million Solana-based tokens, will be distributed to Magic Eden’s community. With a pre-market…
Bitcoin Mining Profits Surge Amid BTC Rally
Bitcoin mining economics improved significantly in early November, according to a Monday report from JPMorgan. The hashprice, a key measure of mining profitability, rose by 29% since the end of…
IRS Bitcoin-Seizing MacBook Joins Smithsonian Exhibit
The Department of Justice previously hailed the recovery as its “largest financial seizure ever.” Now, the laptop has been installed in the Smithsonian’s “The Value of Money” gallery, alongside historical…
Shaquille O’Neal Settles Lawsuit with Astrals NFT for $11 Million
According to a Monday court filing, O’Neal and associated Astrals entities will provide monetary relief to compensate investors who purchased unregistered securities through the project. The settlement also allocates funds…
MicroStrategy Plans $1.75B Raise for More Bitcoin
The business intelligence and software company disclosed Monday evening that it intends to offer zero-interest senior notes maturing in 2029 to qualified institutional buyers. Proceeds from the offering will fund…
Crypto Fund Assets Hit $138 Billion Amid Investment Surge
A report from European asset manager CoinShares released Monday highlights the extraordinary growth of crypto investment vehicles worldwide. Funds offering exposure to digital coins like Bitcoin, Ethereum, and Solana have…
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