News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Silo Finance records the biggest TVL growth among major protocols, jumping 11.5% in a week to hit $412 million.What’s Driving the Surge in Silo Finance TVL?What This Means for the DeFi Landscape
Kyrgyzstan introduces USDKG, the first gold-backed stablecoin tied to the U.S. dollar, aiming to become a leading crypto nation.What Is USDKG and How Does It Work?A Strategic Play to Lead in Crypto
Explore why BlockDAG’s $403M presale and Buyer Battles are pulling in serious attention while UNI tries to recover and LINK faces a supply crunch!UNI Price Down, On-Chain Strength UpLINK Holders Wait as Supply ShrinksBuyer Battles Push BlockDAG to the Top!Looking Ahead
WLD and MYX hit over $10B in trading volume, outpacing DOGE and XRP in the crypto derivatives market.Liquidations Highlight Market VolatilityNew Leaders in Derivatives Trading
- 16:10Tether reaches settlement with Celsius bankruptcy consortium and pays $299.5 millionAccording to ChainCatche, the Blockchain Recovery Investment Consortium (BRIC), jointly established by GXD Labs and VanEck, announced that after initiating legal proceedings in August 2024, BRIC has reached a settlement with Tether regarding the Celsius Network bankruptcy case. Tether has paid $299.5 million to the Celsius Network bankruptcy estate to resolve bankruptcy law and related claims brought against Tether in August 2024. The case involves collateral transfers and liquidations prior to Celsius's bankruptcy in July 2022. BRIC was appointed as the administrator for complex asset recovery and litigation in January 2024 and continues to manage Celsius's illiquid and litigation assets to advance the liquidation process.
- 16:06Four "whales" staked a total of 48 million FF tokens worth $6.47 million after the market crash.Jinse Finance reported that on-chain analytics platform Lookonchain detected that after the recent sharp market decline, four major holders ("whales") withdrew and staked a total of 48 million FF tokens from major exchanges, with a total value of approximately $6.47 million. Specifically: Address 0xDda6 withdrew 15 million FF (about $2.3 million) from Bitget in the past 5 hours; Address 0x484F withdrew 15 million FF (about $1.84 million) from an exchange two days ago; Address 0xBbB9 withdrew 10 million FF (about $1.15 million) from an exchange two days ago; Address 0xf68C withdrew 8 million FF (about $1.18 million) from an exchange in the past 7 hours. All withdrawn tokens have been staked.
- 16:06Tether reaches settlement with Celsius bankruptcy consortium, paying nearly $300 millionJinse Finance reported that the Blockchain Recovery Investment Consortium (BRIC) announced that Tether has paid $299.5 million to the Celsius Network bankruptcy consortium to resolve related litigation filed in August 2024. BRIC was jointly established by GXD Labs and VanEck and is responsible for managing Celsius's asset recovery and litigation affairs.