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Lyra introduces LDX token, adds yield-bearing derivatives
Lyra introduces LDX token, adds yield-bearing derivatives

Lyra Finance unveiled a new token, LDX. A snapshot of existing Lyra token holders was taken on May 8. The team plans to convert Lyra holders’ balances 1:1 to LDX. The token is expected to roll out in the third quarter.

The Block·2024/05/08 12:40
Donald Trump to spend day off from trial with NFT buyers: report
Donald Trump to spend day off from trial with NFT buyers: report

Donald Trump is scheduled to meet supporters who purchased a large amount of his NFTs for dinner on Wednesday, Axios reported. Trump is currently facing a criminal trial in New York.

The Block·2024/05/08 11:01
Beware of Token Unlocks. Will Venture Capital Funds cut this Altcoin cycle short?
Beware of Token Unlocks. Will Venture Capital Funds cut this Altcoin cycle short?

Institutional Crypto Research Written by Experts

10xResearch·2024/05/08 10:39
FTX estate's auction for third tranche of locked Solana gets underway
FTX estate's auction for third tranche of locked Solana gets underway

The FTX estate is offloading its third tranche of locked Solana this week. The estate is in the process of selling around 41 million locked SOL.

The Block·2024/05/08 09:58
Cathie Wood's Ark Invest resumes Coinbase share sales, offloads $15 million worth of COIN
Cathie Wood's Ark Invest resumes Coinbase share sales, offloads $15 million worth of COIN

Ark Invest offloaded another 70,616 Coinbase shares on Tuesday — worth $15.1 million — as the investment firm continues to rebalance its fund weightings.Ark’s latest COIN sales are the most significant since April 11, when the investment firm offloaded $20.4 million worth of the stock.

The Block·2024/05/08 09:28
Bitcoin liquidations spike amid market volatility; price hovers around $62,000
Bitcoin liquidations spike amid market volatility; price hovers around $62,000

Bitcoin long liquidations have spiked above $30 million in the past 24 hours.Bitcoin’s price has dipped over 3% during this time, currently trading at $62,300.

The Block·2024/05/08 09:28
BTC price clings to $62K as Bitcoin bulls suffer post-halving 'boredom'
BTC price clings to $62K as Bitcoin bulls suffer post-halving 'boredom'

Bitcoin may be preparing for trend continuation, but on short timeframes, BTC price behavior is inspiring no one.

Cointelegraph·2024/05/08 08:40
Flash
21:16
According to the latest filing with the SEC, the special purpose acquisition company (SPAC) Bayview Acquisition Corp has taken action to further extend the deadline for completing its initial business combination.
The company announced that it has deposited $50,000 into the trust account, thereby postponing the final date to complete the key transaction to July 19, 2026. This move gives Bayview Acquisition Corp more time to seek out and finalize suitable merger targets. According to the common structure of SPACs, such deposits are typically made to fulfill charter provisions regarding extensions, aiming to create long-term value for shareholders while ensuring the company has ample opportunity to execute its business plan. This extension demonstrates that the company's management is still actively pursuing potential partnership opportunities. Market participants will continue to keep an eye on the company's subsequent merger and acquisition developments as well as any progress that could affect shareholder interests.
21:16
Match Group, Inc. shareholders recently voted not to approve the company's proposed executive compensation plan for the fiscal year ending December 31, 2025.
This result has been officially disclosed through documents submitted to the US Securities and Exchange Commission (SEC). Such “say-on-pay” votes are usually non-binding, but are considered a key indicator of shareholder sentiment. The voting results reflect that investors may have concerns about the company’s management compensation structure, or may hold different views regarding its correlation with the company’s performance.As a globally renowned online dating service provider, Match Group owns several popular apps including Tinder and Hinge. Executive compensation issues have always been a focus of investor attention, especially as the technology industry faces growth challenges and changing market conditions. This voting result may prompt the company’s board of directors and compensation committee to re-examine its executive compensation policies to better align with shareholder interests.
21:16
According to documents filed with the SEC, Ohmyhome Ltd signed an agreement on June 17 to sell all of its shares in Ohmyhome BVI to Sterling Oat for a transaction price of $1.
The document clarifies the core terms of this equity transfer, marking a structural adjustment of specific assets under the company. The transaction is completed at a symbolic price and may involve business restructuring or strategic direction changes. Investors should pay attention to subsequent announcements to understand the potential impact of this move on the overall operations and financial status of Ohmyhome Ltd.
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