Staking protocol EigenLayer TVL hits $10 billion as ETH surges
EigenLayer’s total value locked (TVL) has surpassed $10 billion. This puts the restaking protocol above Maker and just behind Aave in terms of TVL. The spike comes amid increased restaking…
Spot Bitcoin ETFs shatter trading record with $7.69 billion
Spot Bitcoin ETFs recorded a staggering $7.69 billion in trading volumes on February 28. Top ETF volumes were with BlackRock’s IBIT, Grayscale’s GBTC and Fidelity’s FBTC. Bitcoin price also rose…
Floki DAO outlines proposal to burn 190 billion tokens
New proposal seeks to burn 190 billion FLOKI tokens. Over $11 million worth of FLOKI tokens to be permanently removed if vote passes. Will FLOKI price explode? A new Floki…
Nexo seeks $3 billion in damages from Bulgaria over aborted investigation
Nexo says the investigations tarnished its reputation and hampered its growth. Bulgarian authorities dropped the Nexo case in December 2023, citing a lack of evidence. In one of today’s biggest…
3AC founders face $1.14 billion asset freeze amid ongoing bankruptcy saga
British Virgin Islands court orders freeze, alleging founders’ role in $3.3B 3AC debt. Once celebrated, 3AC founders face prison, regulatory bans, and damaged reputations. Singapore had also issued a domestic…
US court approves $2.85 billion CFTC fine against Binance and CZ
Binance will pay $2.7 billion and its former CEO Changpeng Zhao $150 million. The fine is part of the $4.3 billion settlement Binance agreed with the DOJ, FinCEN, OFAC and…
Bybit Fintech sued for $1 billion by the FTX bankruptcy team
The FTX Bankruptcy is seeking to recover assets worth about $1 billion. The lawsuit will be heard by a Delaware Court. The funds in question were allegedly withdrawn from FTX.…
Binance’s CEO $1 billion rescue plan fails, NuggetRush and Render keep delivering
Binance fails to implement its crypto market recovery fund, yet BNB forecasts remain bullish. Render’s (RNDR) Stable Diffusion Jobs spur high network activity. NuggetRush (NUGX) is building a community of…
Crypto rally adds $46 billion to global market cap: here’s why prices are up
Crypto prices are rallying, with Bitcoin (BTC) rising more than 5% to near $30k. Total market cap is up more than 4% to $1.17 trillion, with over $46 billion added…
New York AG sues Gemini and Genesis for alleged $1 billion fraud
The New York Attorney General Letitia James filed the lawsuit against Gemini, Genesis and DCG on Thursday. It’s alleged the crypto firms lied to investors and concealed losses of over…