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FTX’s bankruptcy proceedings move forward as the estate auctions off substantial Solana assets.
The suit, filed in a Texas court, alleges a regulatory overreach by the SEC
The 7-day moving average of the change in USDT held by exchanges reached $568 million — its highest level in a year. This is an excerpt from The Block’s Data & Insights newsletter.
The blockchain and web3 development company behind the well-known MetaMask Wallet filed a lawsuit against the agency on Thursday in a Texas court. The firm also noted in the complaint that SEC staff sent Consensys a Wells notice earlier this month, meaning a formal notice that the agency plans to bring an enforcement action against them.
ViaBTC auctioned off an ‘epic sat’ associated with the fourth Bitcoin halving block for 33.3 BTC ($2.13 million) on the crypto exchange CoinEx Global. Only four of these ‘epic sats’ exist thanks to the Bitcoin Ordinals protocol.
Web3 gaming platform Immutable said it’s launching a gaming “rewards program” worth $50 million. Games involved include high-profile crypto titles like “Illuvium” and “MetalCore.”
- 21:57Hyper Foundation has completed an airdrop of 333 million HYPE tokens, now worth $1.74 billionHyper Foundation has completed an airdrop of 333 million HYPE tokens, currently valued at $1.74 billion. - The total supply in circulation is currently 333,928,180 tokens. - HYPE tokens support pledges, transaction fees and trading on the Hyperliquid dex. - The allocation excludes private investors and prioritises decentralisation and community governance. - Nearly 39% of the total supply is reserved for future community rewards.
- 21:57SOL Solana price reached $240.06 per coin, down -2.00% during the daySolana SOL price quote for today, SOL Solana latest price fell to $240.06, down -2.00%, with a trading volume of $4.028 billion According to the analysis of the k-chart, it is now in an oscillating trend. It fell sharply compared to 15:00, penetrated the low of 08:00 and is down from 11:00. Trading volume decreased, with price and volume falling in tandem. The Williams Indicator points out that there is no overbought or oversold condition.Trading volume has decreased recently, trading volume is down from the previous hours, and price and trading volume are falling simultaneously: the market is cold and trading is inactive.The market is cold and trading is inactive, so it is advisable to remain on the sidelines and wait for the market trend to become clear before making a decision.
- 21:56Cardano Short-Term Holders Add Over 3 Billion ADA's in One MonthCardano short-term holders (investors who have held ADAs for less than a month) have added more than 3 billion ADAs to their holdings in one month, with short-term holders now holding a total of 8.42 billion ADAs valued at $9 billion, marking an eight-month high in their balances, according to data.