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Solana (SOL) continues to rise despite FTX's massive sale. Bloomberg reported on June 6 that the FTX Bankruptcy Foundation sold about 30 million FTX-owned SOLs at a low price of $64 per unit as part of the bankruptcy proceedings. The amount sold by the FTX Bankruptcy Foundation represents

Binance has released its Proof of Reserve data as of March 1, 2024 on its official website. The reserve ratios (the ratio of Binance holdings to user assets) were 104.46% for BTC, 106.47% for BNB, 113.90% for USDT, and 103.58% for ETH. SOL (103.45%) and

The U.S. Court of Appeals for the Second Circuit has remanded a trial court's dismissal of a class action lawsuit against Coinbase, Cointelegraph reports. Coinbase was originally sued in March 2022 for allegedly selling 79 tokens to customers that were unregistered securities. The trial court dismissed the

Adam, Macro Researcher at Greeks.live, a crypto options analyst specializing in crypto options, reports via X: "Today marks the first weekly expiration since the options quarterly expiration, and the $70,000 Mercury of Bitcoin ended up being a victory for the shorts. This week was dominated by call

"Sony Bank, an internet specialty bank under Japan's Sony Group, plans to launch a stablecoin and is preparing to launch a blockchain with ASTR," Sota Watanabe, founder of Japanese public chain project ASTR, told X, citing a Nikkei report. According to the report, Sony Bank recently

"Spot and derivatives trading on all centralized exchanges (CEXs) last month more than doubled from the previous month (February) to $9.1 trillion, the most since May 2021," Bloomberg reported, citing a CC Data report. Binance, the world's largest exchange, saw $1.12 trillion in spot