FTX Estate Just Offloaded New 1.8M Solana (SOL) Batch

Another batch of Solana (SOL) coins from the wallet of the FTX Derivatives Exchange estate has been sold to Galaxy Trading and Pantera Capital. Solana Investors Bags 24% Discount In FTX Auction A total of 1.8 million SOL was offloaded with each coin going for a unit price of between $95-$100. This brings the total The post FTX Estate Just Offloaded New 1.8M Solana (SOL) Batch appeared first on CoinGape .

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Crypto Market Sees Sudden Liquidations Worth $286M

The prices of crypto including Bitcoin have plunged in the last 24 hours and the market has seen huge liquidation. More than $286 million in leveraged crypto positions were liquidated from some of these digital assets. Massive Crypto Liquidation Makes Traders Jittery According to on-chain data from CoinGlass, about 99,014 traders were liquidated in the The post Crypto Market Sees Sudden Liquidations Worth $286M appeared first on CoinGape .

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Hong Kong Bitcoin & Ethereum ETFs: Bosera Hashkey Holds 964 BTC & 4.29K ETH

The much-awaited Hong Kong spot Bitcoin & Ethereum ETFs finally commenced their journey on Tuesday, April 30, marking a monumental achievement following the U.S.’ commencement of BTC ETF trading. However, the crypto-backed exchange-traded funds kicked off to a dull start in Hong Kong, recording only $12 million in trading volume on the first day. This The post Hong Kong Bitcoin & Ethereum ETFs: Bosera Hashkey Holds 964 BTC & 4.29K ETH appeared first on CoinGape .

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AI News: Eight Newspapers File Copyright Lawsuit Against OpenAI, Microsoft

Eight major U.S. newspapers have filed a lawsuit against OpenAI and Microsoft, claiming they have violated copyright laws. The lawsuit was filed in the Southern District of New York and contends that the companies took copyrighted material from these newspapers without permission to train their artificial intelligence (AI) products, such as ChatGPT and Microsoft’s Copilot. The post AI News: Eight Newspapers File Copyright Lawsuit Against OpenAI, Microsoft appeared first on CoinGape .

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Griefing Attack on Bitcoin Testnet Generates Three Years’ Worth of Blocks in a Week

Bitcoin devs express discontent with cypherpunk Jameson Lopp for allegedly spamming Bitcoin's testnet through a griefing attack.

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Will Ethereum Price Hit $10,000 If The SEC Changes Tune?

The approval of Bitcoin ETFs in the US in January this year broadened the outlook of the crypto market for most investors. Attention quickly shifted to Ethereum with companies swiftly filing with the Securities and Exchange Commission (SEC) to offer spot ETH ETFs. For a short while, Ethereum price surged alongside Bitcoin price. Although the The post Will Ethereum Price Hit $10,000 If The SEC Changes Tune? appeared first on CoinGape .

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Chiliz Unveils Dragon8 Hard Fork

Dragon8 introduces a robust new token economy. Features gradual inflation and transaction fee burning. Continue Reading: Chiliz Unveils Dragon8 Hard Fork

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Why Eigenlayer’s Airdrop Is Controversial

Although it’s actually conservative.

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BTC Nosedives to 2-Month Low, ETH Loses $3K Level as Liquidations Skyrocket to $400M

The total crypto market cap has bled out within the past 12 hours or so.

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Consensys vs. SEC: McHenry Accuses Gensler of Misleading Congress on Ethereum Classification

Representative Patrick McHenry has accused SEC Chairman Gary Gensler of misleading Congress. This accusation emerged during a Financial Committee hearing on the lawsuit between Consensys Vs. SEC. McHenry pointed to court filings that question Gensler’s consistency regarding Ethereum’s (ETH) classification as a security. These filings show a possible contradiction in Gensler’s statements compared to previous The post Consensys vs. SEC: McHenry Accuses Gensler of Misleading Congress on Ethereum Classification appeared first on CoinGape .

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