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The platform has been live for two weeks, and the total value of player tokens has reached $100 million. Can this reignite the blockchain gaming trend?
ETHZilla announces a $250 million stock buyback to stabilize after shares dropped, but concerns over long-term growth and Ethereum acquisitions remain.
The market's dovish interpretation of Powell's speech may be somewhat exaggerated.
Solana price pulled back after hitting $213, slipping 3.6% in 24 hours. With profit-taking rising and momentum showing strain, one strong support near $183 could decide the next move.
Grayscale has filed an S-1 registration with the SEC to convert its Avalanche Trust into an ETF tracking Avalanche (AVAX). The ETF would let more investors access Avalanche without owning the cryptocurrency directly. This step fits a trend of digital assets entering SEC-regulated investment vehicles. Grayscale follows several firms designing products for regulated blockchain exposure. … <a href="https://beincrypto.com/grayscale-avalanche-avax-etf-sec-filing/">Continued</a>
- 10:10Data: The whale who previously lost $3.3 million going long on ETH has re-entered the market, opening a $17.4 million ETH long position.According to ChainCatcher, monitored by Lookonchain, the whale address 0x76AB, after losing $33 million from longing ETH, has re-entered the market—opening an 8x leveraged long position with 5,524 ETH (worth $17.4 million).
- 10:09Data: "Machi" has continuously added 300 ETH long positions in the past 3 hours, with the position value rising to $11.82 millionAccording to ChainCatcher, monitored by HyperInsight, "Maji" has continuously increased their position by 300 ETH long orders in the past 3 hours. As of press time, their 25x leveraged Ethereum long position has risen to $11.82 million, with a total position of 3,750 ETH.
- 10:05Do Kwon may still face a second trial in South Korea after being sentenced to 15 years in the USJinse Finance reported, citing Cryptonews, that Terraform Labs co-founder Do Kwon, after being sentenced to 15 years in prison by a U.S. federal court in Manhattan for orchestrating the $40 billion TerraUSD collapse, may still face a second trial in South Korea. According to reports, South Korean prosecutors are seeking a sentence of more than 30 years for Do Kwon on charges of violating capital market laws. The 34-year-old South Korean national may apply for transfer to South Korea after serving half of his sentence. Approximately 200,000 South Korean investors suffered losses of about 300 billion won ($204 million) as a result. U.S. District Judge Paul Engelmayer stated during sentencing last week: "In the history of federal prosecutions, few fraud cases have caused such severe damage." Do Kwon has admitted to deliberately participating in a scheme to defraud Terraform Labs cryptocurrency purchasers between 2018 and 2022, which led to the collapse of the TerraUSD stablecoin and Luna token in May 2022, triggering a chain reaction in the cryptocurrency market.