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These payments will be drawn from FTX’s $11.4 billion cash reserve.
Just a week after co-founder Andre Cronje revealed that the firm was building a USD-based algorithmic stablecoin offering an annual percentage rate of up to 23%, the company made an abrupt U-turn.
Kalshi argues that its contracts fall under the regulatory domain of the U.S. Commodity Futures Trading Commission (CFTC), not state-level gaming regulators.
Share link:In this post: MARA Holdings is launching a $2 billion stock offering to buy more Bitcoin and strengthen its holdings. To facilitate the stock sale, the company has secured an at-the-market (ATM) equity program with major investment banks. MARA is following Michael Saylor’s strategy of issuing equity to acquire Bitcoin, now holding 46,376 BTC.
- 01:44Two whales holding 125,603 ETH on Maker face liquidation riskAccording to Lookonchain monitoring, two whales holding 125,603 ETH ($229 million) on Maker are facing liquidation risks. The liquidation prices are respectively $1,787.75 and $1,701.54.
- 01:43Data: Since 2020, 47 countries worldwide have relaxed or simplified the regulation of cryptocurrenciesSince 2020, 47 countries worldwide have relaxed or simplified the regulation of cryptocurrencies, while four countries have tightened restrictions, even completely banning cryptocurrencies and mining.
- 01:42A certain whale deposited 6131 ETH into CEX, worth 10.94 million US dollarsAccording to Lookonchain monitoring, a whale has deposited 6,131 ETH (worth 10.94 million USD) into CEX.