Boba Network News
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2024
Oct / 21 -
2024
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2024
Aug / 10 -
2024
May / 10- FTX and Alameda's Massive Crypto Holdings Uncovered in Liquidation Sale
- May 10, 2024 at 06:11 pm
- FTX and its sister company, Alameda Research, continue to liquidate their crypto holdings as part of their debt repayment plan. Despite selling two-thirds of their stake in Anthropic for $884 million, FTX still holds significant amounts of BOBA, ETH, WLD, BIT, BTC, and STG. The company's claims have risen since they revealed their potential recovery plan, which includes a 118% payout for many creditors.
- FTX, Alameda Liquidate $97M Assets Amid Bankruptcy, Raising Market Volatility Worries
- May 10, 2024 at 05:30 pm
- FTX and Alameda Research have liquidated $97.35 million in assets, raising concerns about further sell-offs and market volatility. According to Arkham Intelligence, FTX has liquidated BOBA, ETH, and FTT holdings, while Alameda holds substantial positions in WLD, BIT, BTC, and STG. Creditors with claims under $50,000 will receive 118% compensation, while others will receive 100% plus interest. Investors are concerned about FTX's response to crypto-based repayment requests amidst ongoing liquidations and the fate of crypto assets in bankruptcy processes.
- FTX and Alameda Research Liquidate Millions in Assets to Repay Debts
- May 10, 2024 at 05:30 pm
- Bankrupt crypto exchanges FTX and Alameda Research have embarked on a liquidation spree, selling off $97.35 million in assets, including substantial holdings of SOL, ETH, and FTT. This move by FTX aims to repay creditors, but it raises concerns about market instability as Alameda's significant assets hint at further potential sales. Despite a repayment plan to compensate most creditors in full, concerns linger over the handling of crypto assets in bankruptcy and the preference for crypto settlements amid the bear market.
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2024
Apr / 21- Upcoming Crypto Developments: Altcoin Events, Industry Gatherings, and Company Announcements
- Apr 21, 2024 at 10:24 pm
- Tomorrow holds critical events for 25 altcoin projects. LightLink (LL) conducts a token distribution, Pikamoon (PIKA) dual-lists on exchanges, several new coins list on BitMart, Father of Meme (FOMO) debuts on LBank, Stacks (STX) becomes available, and ongoing governance votes occur for Injective (INJ), Dymension (DYM), Balanced (BALN), dYdX (WETHDYDX), Gnosis (GNO), and others. Major events like the World Blockchain Summit, Bitcoin Energy Summit, and Web3 World Consortium also take place.
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2024
Apr / 12- Boba Network Unveils Layer-2 Solution for Ethereum Scalability
- Apr 12, 2024 at 11:33 pm
- CoindarBoba Network, an Ethereum-based Layer 2 (L2) solution, will host an AMA on X with ZOTH on April 15th at 10:00 UTC. This platform aims to address Ethereum's scaling challenges by processing transactions off-chain, aggregating results, and committing them back to the mainnet.
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2024
Apr / 02- Binance Announces Delisting and Conversion of Select Tokens to USDT
- Apr 02, 2024 at 12:36 pm
- Binance will convert delisted tokens to USDT based on user holdings in their Binance wallets, with the snapshot occurring at 7am April 21, 2024 (UTC). Converted USDT will be credited to user wallets by 6:59am October 21, 2024 (UTC). Eligible tokens include: Moeda Loyalty Points (MDA), Helium (HNT), Mithril (MITH), DFI.Money (YFII), Mirror Protocol (MIR), Venus Reward Token (VRT), TokenClub (TCT), Augur (REP), EasyFi (EZ), Swerve (SWRV), Boba Network (BOBA), Serum (SRM), Raiden Network Token (RDN), Cobak Token (CBK), and OnX Finance (ONX).
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Communtity feeds
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- RationalGaze Nov 23, 2024 at 04:58 pm
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