Nearly $1 billion of solana is set to be unstaked in 24 hours
Solana (SOL) worth nearly $1 billion will be available to be unlocked on Wednesday.This represents 13% of the coin’s circulating supply.This will be the second-largest token unlock of solana in terms of the number of coins being unstaked by validators. Solana validators are scheduled to unlock 49.6 million SOL ($945 million) when the current epoch ends in less than 24 hours time. Representing 13% of the coin's supply, it's the second-largest volume of tokens to be unlocked in any So...
Nearly $1 billion of solana is set to be unstaked in 24 hours
Solana (SOL) worth nearly $1 billion will be available to be unlocked on Wednesday.This represents 13% of the coin’s circulating supply.This will be the second-largest token unlock of solana in terms of the number of coins being unstaked by validators. Solana validators are scheduled to unlock 49.6 million SOL ($945 million) when the current epoch ends in less than 24 hours time. Representing 13% of the coin's supply, it's the second-largest volume of tokens to be unlocked in any So...
FTX Faces US Justice Department Probe: WSJ
FTX already faced other state and federal investigations.The U.S. Department of Justice is looking into crypto exchange FTX after its apparent collapse, The Wall Street Journal reported Wednesday. FTX was already facing probes from state and federal regulators, but these investigations have taken on a new interest following revelations that the company had a liquidity issue. Fellow crypto exchange Binance briefly agreed to acquire the company, but walked away from the deal on Wednesday. Short...
FTX Faces US Justice Department Probe: WSJ
FTX already faced other state and federal investigations.The U.S. Department of Justice is looking into crypto exchange FTX after its apparent collapse, The Wall Street Journal reported Wednesday. FTX was already facing probes from state and federal regulators, but these investigations have taken on a new interest following revelations that the company had a liquidity issue. Fellow crypto exchange Binance briefly agreed to acquire the company, but walked away from the deal on Wednesday. Short...
FTX used $4 billion including customer funds to keep Alameda afloat: Reuters
FTX founder Sam Bankman-Fried transferred at least $4 billion to prop up sister company Alameda Research, according to Reuters.He didn’t inform other executives about the transfer of funds to Alameda for fear of leaks, Reuters saidFTX chief Sam Bankman-Fried transferred at least $4 billion in FTX funds to Alameda Research, including native token FTT and shares in Robinhood, according to Reuters.The transfers were made after Alameda, Bankman-Fried's trading firm, suffered losses from deal...
FTX used $4 billion including customer funds to keep Alameda afloat: Reuters
FTX founder Sam Bankman-Fried transferred at least $4 billion to prop up sister company Alameda Research, according to Reuters.He didn’t inform other executives about the transfer of funds to Alameda for fear of leaks, Reuters saidFTX chief Sam Bankman-Fried transferred at least $4 billion in FTX funds to Alameda Research, including native token FTT and shares in Robinhood, according to Reuters.The transfers were made after Alameda, Bankman-Fried's trading firm, suffered losses from deal...
