MarketsFTX Recovery Trust to Pay Creditors Another $900 Million
The FTX Recovery Trust will pay creditors about $900 million starting July 31 in its fifth distribution round. Here's who gets paid and how much.
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Markets
BitcoinDormant Bitcoin Whale Moves $383 Million After 8.5 Years
A wallet dormant since 2017 moved 5,907 BTC worth $383.6M. Galaxy Research links the address to the Noah Doe case over 3.8 million inactive BTC.
InstitutionalMorgan Stanley Launches Crypto Trading on E*TRADE
Morgan Stanley opened spot trading for Bitcoin, Ethereum, and Solana on E*TRADE via partner Zero Hash. Here's how it works and what it costs.
TechnologyPolygon Labs Cuts Jobs Amid $250 Million Coinme Deal
Polygon Labs CEO Marc Boiron announced a fresh round of layoffs as the company shifts into payments following a $250M deal for Coinme and Sequence.
InstitutionalCitadel Securities Invests $400M in Crypto.com
Market maker Citadel Securities invested $400 million in Crypto.com, the exchange's first institutional round in 10 years, valuing it at $20 billion.
SecurityVlad.fun Halts Robinhood Chain Launchpad Amid Investigation
Robinhood Chain memecoin launchpad Vlad.fun halted operations amid an internal trust investigation and warned about a fake token.
RegulationUS Senate Unanimously Opposes SBF Pardon
The US Senate unanimously passed a resolution opposing any pardon for FTX founder Sam Bankman-Fried. Here's what the vote means.
RegulationJapan Cuts Crypto Tax to 20%
Japan reclassified crypto under securities law, cut the tax rate to 20%, and raised penalties for violations to up to 10 years in prison.
RegulationUS Government Moves $297M in Bitcoin and Ethereum to Coinbase Prime
The US moved 3,940 BTC and 30,014 ETH to Coinbase Prime. Does this break Trump's Bitcoin reserve order? A breakdown of the numbers and the case.