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Cryptocurrency News Articles

chainoutput: title: Today's news tips:

Feb 19, 2025 at 05:40 pm

Google is exploring using Google Sign-In to log into Bitcoin wallets

chainoutput: title: Today's news tips:

BSC Chain. It is said that the community members are very enthusiastic and have created many derivative projects. The relevant teams are also actively cooperating.output: Today's DeFi news tips:

BSC Chain. It is said that the community members are very enthusiastic and have created many derivative projects. The relevant teams are also actively cooperating.output: Today's DeFi news tips:

FTX's next round of repayment distribution will begin on May 30

FTX's next round of repayment distribution will begin on May 30

According to Cointelegraph, FTX announced on Monday that the next round of repayment distribution will begin on May 30, and users can now confirm their eligibility for the distribution. The exchange said that users who have previously completed the KYC verification process on FTX.com will be eligible for the distribution. In addition, users who have completed the KYC verification process on FTX US will also be eligible if they have transferred their balances from FTX.com to FTX US before November 11, 2023. FTX added that users who have completed the KYC verification process on both FTX.com and FTX US will receive two separate distributions. The exchange also stated that users who have not yet completed the KYC verification process on FTX.com can still do so before May 23 to be eligible for the distribution. However, users who have not completed the KYC verification process on either FTX.com or FTX US will not be eligible for the distribution. FTX filed for bankruptcy in November 2022 after a liquidity crisis caused by the collapse of its native token, FTT. Since then, the exchange has been working to recover assets and repay creditors. In January 2024, FTX announced the launch of a creditor claims website, allowing users to submit claims for assets lost in the exchange's bankruptcy. At the time, FTX stated that the total creditor claims submitted through the website were valued at approximately $8 billion.

According to Cointelegraph, FTX announced on Monday that the next round of repayment distribution will begin on May 30, and users can now confirm their eligibility for the distribution. The exchange said that users who have previously completed the KYC verification process on FTX.com will be eligible for the distribution. In addition, users who have completed the KYC verification process on FTX US will also be eligible if they have transferred their balances from FTX.com to FTX US before November 11, 2023. FTX added that users who have completed the KYC verification process on both FTX.com and FTX US will receive two separate distributions. The exchange also stated that users who have not yet completed the KYC verification process on FTX.com can still do so before May 23 to be eligible for the distribution. However, users who have not completed the KYC verification process on either FTX.com or FTX US will not be eligible for the distribution. FTX filed for bankruptcy in November 2022 after a liquidity crisis caused by the collapse of its native token, FTT. Since then, the exchange has been working to recover assets and repay creditors. In January 2024, FTX announced the launch of a creditor claims website, allowing users to submit claims for assets lost in the exchange's bankruptcy. At the time, FTX stated that the total creditor claims submitted through the website were valued at approximately $8 billion.

NFT

NFT

NBA Top Shot NFT Marketplace to Shut Down in April After Dapper Labs Layoffs

NBA Top Shot NFT Marketplace to Shut Down in April After Dapper Labs Layoffs

According to Decrypt, the NBA Top Shot NFT marketplace will shut down in April, following layoffs at Dapper Labs earlier this year. In an email to users on Monday, NBA Top Shot announced the closure of the NFT marketplace on April 20. After that date, users will no longer be able to buy or sell Moments on the marketplace. However, users will still be able to view their Moments collection and showcase them on their profile page. The email also states that users will be able to withdraw their Moments from the marketplace at any time before April 20. In addition, Dapper Labs will continue to support the Flow blockchain and the Blockscan NFT explorer. Earlier this year, Dapper Labs laid off 20% of its workforce, affecting approximately 130 employees. At the time, Dapper Labs stated that the layoffs were made to "align the company's structure with its highest priorities." The layoffs also affected the NBA Top Shot team, with several key members leaving the project. Among them, NBA Top Shot product lead Shiv Madan has joined the NFT project Curio, and NBA Top Shot senior product manager Sarah Cruz has joined the NFT project PROOF.

According to Decrypt, the NBA Top Shot NFT marketplace will shut down in April, following layoffs at Dapper Labs earlier this year. In an email to users on Monday, NBA Top Shot announced the closure of the NFT marketplace on April 20. After that date, users will no longer be able to buy or sell Moments on the marketplace. However, users will still be able to view their Moments collection and showcase them on their profile page. The email also states that users will be able to withdraw their Moments from the marketplace at any time before April 20. In addition, Dapper Labs will continue to support the Flow blockchain and the Blockscan NFT explorer. Earlier this year, Dapper Labs laid off 20% of its workforce, affecting approximately 130 employees. At the time, Dapper Labs stated that the layoffs were made to "align the company's structure with its highest priorities." The layoffs also affected the NBA Top Shot team, with several key members leaving the project. Among them, NBA Top Shot product lead Shiv Madan has joined the NFT project Curio, and NBA Top Shot senior product manager Sarah Cruz has joined the NFT project PROOF.

Others

Others

Former Coinbase CTO: Traditional IPOs and mergers and acquisitions are blocked, and security token issuance (STO) on the blockchain may become a new financing path

Former Coinbase CTO: Traditional IPOs and mergers and acquisitions are blocked, and security token issuance (STO) on the blockchain may become a new financing path

According to Cointelegraph, former Coinbase CTO Balaji Srinivasan stated in an interview with Axios on Monday that traditional initial public offerings (IPOs) and mergers and acquisitions (M&As) are being "blocked", and security token issuance (STO) on the blockchain may become a new financing path for technology companies. Srinivasan said that the U.S. Securities and Exchange Commission (SEC) is "hostile" to technology companies and is blocking traditional IPOs and M&As. He believes that STOs can provide a new way for technology companies to raise funds without having to go through the traditional IPO process. Srinivasan also stated that he is working on a new project called "Open Web Index Fund", which will use artificial intelligence (AI) to track the performance of decentralized applications (dApps) on the blockchain. He said that the project will launch a token, which will be used to track the performance of dApps and provide users with exposure to the growth of Web3. Earlier this year, Srinivasan also launched a new project called "Web3 University", which aims to provide education and training on Web3 technologies. The project will launch a token called "LEARN", which will be used to reward students for completing courses and contributing to the community.

According to Cointelegraph, former Coinbase CTO Balaji Srinivasan stated in an interview with Axios on Monday that traditional initial public offerings (IPOs) and mergers and acquisitions (M&As) are being "blocked", and security token issuance (STO) on the blockchain may become a new financing path for technology companies. Srinivasan said that the U.S. Securities and Exchange Commission (SEC) is "hostile" to technology companies and is blocking traditional IPOs and M&As. He believes that STOs can provide a new way for technology companies to raise funds without having to go through the traditional IPO process. Srinivasan also stated that he is working on a new project called "Open Web Index Fund", which will use artificial intelligence (AI) to track the performance of decentralized applications (dApps) on the blockchain. He said that the project will launch a token, which will be used to track the performance of dApps and provide users with exposure to the growth of Web3. Earlier this year, Srinivasan also launched a new project called "Web3 University", which aims to provide education and training on Web3 technologies. The project will launch a token called "LEARN", which will be used to reward students for completing courses and contributing to the community.

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Other articles published on Feb 21, 2025