35 / 36 Relevant items tagged with #NewsBytes

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Former Binance Boss Changpeng Zhao Sentenced to 4 Months in Jail

[Apr 30 1:09 PM] On Tuesday, April 30, 2024, Changpeng Zhao (CZ), formerly the CEO of Binance, was sentenced in a Seattle courtroom for his compliance failures at the cryptocurrency exchange. The sentencing was first covered by Nikhilesh De and Danny Nelson of…

Stablecoins Gain Ground as Global Financial Asset

[Apr 26 8:13 PM] According to Chainalysis’ “Crypto Spring Report,” stablecoin adoption and market importance are seeing a rapid increase in 2024, with a significant rise in the number of addresses holding them and their use in on-chain transactions, making them a…

FTX Estate Plans Auction for Locked Solana Tokens

[Apr 22 2:58 AM] Bankrupt cryptocurrency exchange FTX is preparing to offload more of its locked Solana (SOL) tokens through an auction, diverging from its previous method of selling at a set price, as announced by Mike Cagney of Figure Markets. This decision…

Tether Expands to TON Blockchain With $60M USDT Launch

[Apr 21 10:56 PM] Tether has partnered with the TON Foundation, launching $60 million of USDT on The Open Network (TON) blockchain as announced at the Token2049 event in Dubai, making TON the 11th largest blockchain out of 16 supproting Tether. This collaboration…