Author: e_cash_top

[ad_1] ZKasino, a DeFi platform recently embroiled in controversy, announced that it will return stolen funds to its investors at a 1:1 ratio. The platform, which Dutch authorities recently charged with stealing $30 million in user deposits, stated in a blog post on May 28 that investors can reclaim their Ethereum (ETH) through a newly…

[ad_1] Asset management giant BlackRock added $4.1 million worth of its spot Bitcoin ETF shares to two of its funds, according to May 28 SEC filings. The asset manager added $3.6 million of its iShares Bitcoin Trust (IBIT) shares to its BlackRock Strategic Income Opportunities Portfolio (BSIIX). It also added $486,000 worth of IBIT shares…

[ad_1] The US District Court for the District of Utah has dismissed the SEC’s case against DEBT Box without prejudice and imposed over $1.8 million in fines against the watchdog for bad faith conduct. The fines, which come in the form of attorney fees and costs, follow sanctions against the SEC for misrepresentations made to…

[ad_1] Riot Platforms has announced a proposal to acquire Bitfarms for approximately $950 million, reflecting a 24% premium to Bitfarms’ one-month volume-weighted average share price as of May 24. According to the press release, Riot’s decision to make a hostile takeover bid follows Bitfarms’ Board of Directors’ rejection of its private proposal without substantive engagement.…

[ad_1] The US DOJ sentenced former FTX executive Ryan Salame to 90 months, or 7.5 years, in prison on May 28. The New York Times reported that Salame will surrender on Aug. 29. His lawyers aim to have Salame serve his sentence at a federal prison in Cumberland, Maryland. Salame must also serve three years…

[ad_1] Japan-based Metaplanet has announced plans to purchase an additional ¥250 million (approximately $1.6 million) worth of Bitcoin. The move has been approved by the company’s board and continues Metaplanet’s aggressive Bitcoin acquisition strategy. Once this purchase is completed, Metaplanet’s Bitcoin holdings will increase significantly from its current 117.72 BTC — valued at ¥1.2 billion…

[ad_1] Luxor Technology and Bitnomial launched the first fully regulated Bitcoin mining derivative product for trading in the US on May 28. The new product — dubbed Bitcoin Hashrate Futures — aims to increase liquidity and transparency while reducing counterparty risk for market participants. Hashrate Futures, trading under the ticker $HUP, allow miners to hedge…

[ad_1] ENS Labs, a non-profit organization responsible for the Ethereum Name Service (ENS), has proposed an ENSv2 upgrade that would facilitate the protocol’s migration into a layer 2 network, according to a May 28 statement shared with CryptoSlate. ENS’s move is exciting for Ethereum layer-2 networks, which have recently seen increased adoption, and the total…

[ad_1] Quick Take Semler Scientific (NASDAQ: SMLR), a leading developer and marketer of technology products and services for combating chronic diseases, has unveiled the purchase of 581 Bitcoins for a total of $40 million, including fees and expenses. This bold decision emphasizes Semler Scientific’s confidence in Bitcoin as a reliable store of value and an…

[ad_1] Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva, Switzerland, May 28, 2024 – The TRON DAO has officially announced LayerZero support for the TRON blockchain, making TRON the second non-EVM chain to be integrated into LayerZero’s cross-chain interoperability protocol. This significant development…