Ethereum Foundation begins staking 70,000 ETH to support operations
The Ethereum Foundation’s staking strategy enhances financial sustainability and network security, potentially influencing blockchain governance. The post Ethereum Foundation begins staking 70,000 ETH to support operations appeared first on Crypto Briefing....
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BTC USD Drops To $63K: $295 Million in Longs Liquidated
BTC USD took a heavy hit in early trading, plunging to the $63K level and leaving a trail of wrecked portfolios in its wake. In a sudden market flush, traders longing for Bitcoin saw over $295 million wiped out in hours. If you have been nervously watching your portfolio...
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$40B Crypto Crash: Jane Street Sued Over Terra Insider Trading
Crypto firm Terraform Labs’ wind-down administrator has sued Jane Street in Manhattan federal court, alleging the trading firm used material non-public information from Terraform insiders to trade around the May 2022 collapse of TerraUSD (UST) and Luna. The complaint was filed by Todd R. Snyder, the administrator overseeing recoveries...
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ASTER holds range as traders position for March mainnet launch
ASTER traded flat into mid-February as traders priced in March mainnet launch. ASTER token consolidated through mid-February as market participants positioned ahead of the project’s scheduled March mainnet launch, according to trader analysis and project roadmap data. Trader Don Wedge…...
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Bitcoin loses 200-week EMA, analysts eye deeper 3-day death cross
Bitcoin fell below 200-week EMA, over 52% off peak, risking death-cross capitulation. Bitcoin (BTC) closed the week below a critical support level, falling beneath that threshold for the first time since early February and reaching a two-week low, according to…...
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Ethereum Foundation begins staking 70,000 ETH from treasury
The Ethereum Foundation has begun staking a portion of its treasury holdings, marking a significant shift in how the organization manages its ETH reserves. Ethereum Foundation puts treasury to work with 70K ETH staking plan In a post on X,…...
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Terraform Labs Has Sued Jane Street for Insider Trading Before Terra Collapse
The Luna drama just added a new chapter: Terraform Labs’ liquidation administrator has officially sued prominent trading firm Jane Street, accusing it of insider trading that accelerated the catastrophic Terra collapse. Filed within the bankruptcy proceedings, the lawsuit alleges Jane Street used non-public information to front-run the market, profiting...
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Step Finance shuts operations after $27 million January hack
Step is working on a buyback for holders of native token STEP based on a snpashot of holdings and value prior to the incident....
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Putting the treasury to work: The Ethereum Foundation just staked 70,000 ETH to fund its future
The staking commenced with a 2,016 ETH deposit, and uses Dirk and Vouch, open-source validator tools developed by infrastructure firm Attestant...
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Hong Kong–based stablecoin payments firm RedotPay eyes $1B U.S. IPO
Hong Kong-based stablecoin payments firm RedotPay is considering a U.S. initial public offering that could raise more than $1 billion and value the company at over $4 billion, Bloomberg reported, as the crypto IPO market shows renewed momentum. RedotPay joins…...
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