Day: April 7, 2024

Sullivan and Cromwell’s Sale of Solana (SOL) at a Massive Discount Raises Concerns among FTX Creditors

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[ad_1] The recent sale of 2/3 of $2.6 billion worth of Solana tokens by law firm Sullivan and Cromwell at a significant discount has sparked controversy. FTX Creditor Champion, Sunil, expressed concerns about the impact on FTX creditors, while others question the legality of the sale. This article delves into the details of the sale and the reactions it has garnered. According to Sunil, who is the FTX Creditor Champion, Bloomberg reported his statement during the SBF Sentencing. He revealed that Sullivan and Cromwell, a law firm, sold 2/3 of…

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South Korea’s Crypto Market Continues to Defy Global Trends With Premium Prices – Market Updates Bitcoin News

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[ad_1] Metrics reveal that cryptocurrency premiums in South Korea consistently outpace the global average. As of now, bitcoin exchanges hands at $69,245 per piece globally, while on the South Korean platform Upbit, it’s being traded at $73,513 each. Additionally, March witnessed a notable increase in Upbit’s trade volume, skyrocketing by 172.25% from February’s data. Ethereum, Solana, […] [ad_2] Source link

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Rebel Satoshi (RBLZ) hailed as an altcoin to watch amidst ETH and SHIB turbulent price action

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[ad_1] Rebel Satoshi ($RBLZ) has received endorsement from several market experts amid its ICOs. Some market experts are optimistic that Ethereum (ETH) will reach a price of $4,853 in 2024. A number of analysts believe Shiba Inu (SHIB) will experience a 59% price surge in 2024. Rebel Satoshi (RBLZ) remains one of the altcoins to watch according to some experts, because of its potential to disrupt market dynamics. Meanwhile, Ethereum (ETH) and Shiba Inu (SHIB) trade in the red after months of continuous growth. Read on as we delve deeper…

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Coinbase Adds Yet-To-Be-Launched Solana-Based Altcoin to Listing Roadmap

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[ad_1] Crypto exchange Coinbase has announced it’s adding a new Solana (SOL)-based altcoin to its listing roadmap ahead of the token’s launch. Announcing via the social media platform X, Coinbase says it’s adding Tensor (TNSR) to its listing roadmap. Coinbase’s listing roadmap is designed to give a heads-up to users before the listing of any crypto assets to prevent insider trading and promote transparency. Tensor is the most popular non-fungible token (NFT) platform on Solana, and will be launching its own token next week, according to a recent thread on…

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Solana’s ‘Timely Vote Credit’ app gets Stakin’s Go-ahead; NuggetRush presale picks up steam

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[ad_1] Stakin collaborates with Solana’s ‘Timely Vote Credits’ app. It aims to boost network efficiency and transparency, ultimately enhancing profitability. NuggetRush presale garners significant attention across social media and the crypto community.  NuggetRush is a top performer in the meme coin space, driven by its weekly presale giveaways, engaging play-to-earn game, and robust staking mechanism.  Solana’s latest initiative, the ‘Timely Vote Credit’ app, has received enthusiastic support from Stakin, a leading staking-as-a-service provider. This innovative proposal, set to launch on Solana’s mainnet, aims to enhance network transparency and profitability.  Meanwhile,…

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Dubai Prince’s Hong Kong Office Warned by US SEC, MTR Listed as Untrustworthy

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[ad_1] The Hong Kong office of Sheikh Ali Rashed Ali Saeed Al Maktoum, a member of the ruling family in Dubai, has received a warning from the US Securities and Exchange Commission (SEC) regarding their involvement in cryptocurrencies. Additionally, the Hong Kong subway operator, MTR Corporation, has been listed as an untrustworthy company. The Hong Kong-based news outlet, HK01, reported that Sheikh Ali Rashed Ali Saeed Al Maktoum, commonly referred to as “Prince Ali,” had plans to establish a family office in Hong Kong. However, the launch of the office…

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