China

Lighter trading platform sees $250 million withdrawn 24 hours after airdrop

Lighter, a cryptocurrency trading platform, experienced a significant outflow of $250 million within 24 hours following a recent airdrop. The withdrawal surge raised concerns among users and analysts regarding the platform's stability and the potential impact of the airdrop on investor confidence. Despite the large withdrawals, Lighter's management reassured users about the platform's security and ongoing operations. The airdrop, aimed at incentivizing user engagement, may have inadvertently triggered these withdrawals as users sought to capitalize on their newly received tokens.

Read the full article: CoinDesk

Mike Novogratz’s Galaxy to Launch $100M Crypto Hedge Fund as Bitcoin Tumbles

Mike Novogratz's Galaxy Digital is set to launch a $100 million crypto hedge fund amid a significant decline in Bitcoin's value. The fund aims to capitalize on market volatility and opportunities in the cryptocurrency space. This move comes as Bitcoin experiences a downturn, raising concerns among

Ondo Finance Brings 200+ Tokenized U.S. Stocks and ETFs to Solana

Ondo Finance has launched over 200 tokenized U.S. stocks and exchange-traded funds (ETFs) on the Solana blockchain. This initiative aims to enhance accessibility and liquidity for investors by allowing them to trade fractional shares of popular stocks and ETFs. The tokenized assets are backed by real-world securities, providing a

Morning Minute: Saylor Buys $2.13B in Bitcoin, 9-Month High

MicroStrategy CEO Michael Saylor has purchased $2.13 billion worth of Bitcoin, marking the company's largest acquisition to date and pushing its total holdings to approximately 152,800 BTC. This purchase comes as Bitcoin prices reach a nine-month high, reflecting growing institutional interest in the cryptocurrency. Saylor'

Trump aimes to sign major crypto bill 'very soon' in a push to make U.S. crypto capital of the world

Former President Donald Trump plans to sign a significant cryptocurrency bill shortly, aiming to position the United States as the leading global hub for crypto. The proposed legislation seeks to create a regulatory framework that fosters innovation while ensuring consumer protection. Trump emphasizes the importance of the U.S. maintaining

Read more

Mike Novogratz’s Galaxy to Launch $100M Crypto Hedge Fund as Bitcoin Tumbles

Ondo Finance Brings 200+ Tokenized U.S. Stocks and ETFs to Solana

Morning Minute: Saylor Buys $2.13B in Bitcoin, 9-Month High

Trump aimes to sign major crypto bill 'very soon' in a push to make U.S. crypto capital of the world