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Sam Bankman-Fried's parents seek to dismiss FTX lawsuit against them
Sam Bankman-Fried's parents seek to dismiss FTX lawsuit against them

Quick Take Joseph Bankman and Barbara Fried, both Stanford Law School professors, argued that the familial relationship is “not actionable” and denied involvement in allegedly fraudulent transfers. Debtors of FTX and Alameda Research sued the parents in September 2023 to recover damages.

The Block·2024/01/17 08:31
Fantom Cuts Staking Requirements By 90% in a Bid to Bolster Security
Fantom Cuts Staking Requirements By 90% in a Bid to Bolster Security

The minimum staking threshold needed to run a validator has now dropped to 50k FTM.

Cryptopotato·2024/01/17 08:19
Bitcoin ETFs Have Traded $10B Since Launch, Hold 34.5K BTC
Bitcoin ETFs Have Traded $10B Since Launch, Hold 34.5K BTC

Trading for newly launched spot Bitcoin exchange-traded funds has been booming in the three days since they went live on exchanges.

Cryptopotato·2024/01/17 08:19
Ethereum devs implement Dencun upgrade on Goerli testnet, activating 'proto-danksharding'
Ethereum devs implement Dencun upgrade on Goerli testnet, activating 'proto-danksharding'

Quick Take: Ethereum core developers deployed the Dencun upgrade, incorporating proto-danksharding (EIP-4844) on the Goerli test network. This serves as a precursor to the anticipated release on the Ethereum mainnet, expected in the first quarter of 2024.

The Block·2024/01/17 07:48
Ripple CEO calls SEC chair Gensler’s regulatory approach a ‘political liability’
Ripple CEO calls SEC chair Gensler’s regulatory approach a ‘political liability’

Garlinghouse accused Gensler of not acting in "the best interest of the citizenry" and hindering the "long-term growth of the economy."

Crypto Slate·2024/01/17 00:38
Flash
12:42
If Bitcoin breaks above $66,000, the mainstream CEX cumulative short liquidation pressure will reach $915 million.
BlockBeats News, June 13th, according to Coinglass data, if Bitcoin breaks through $66,000, the cumulative short liquidation intensity on mainstream CEXs will reach $9.15 billion. Conversely, if Bitcoin falls below $62,000, the cumulative long liquidation intensity on mainstream CEXs will reach $9 billion. BlockBeats Note: The liquidation chart does not show the precise number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will experience a stronger reaction due to a liquidity cascade once it reaches that point.
09:22
SIREN Whale Sells 118 Million Tokens, Causing Price to Drop Over 70%
BlockBeats News, June 13th, according to Ember Monitor, since 10:00 AM (UTC+8) today, the SIREN whale has sold approximately 118 million SIREN tokens for 18 million USDT, causing a significant price drop in SIREN. Bitget market data shows that SIREN is currently trading at $0.132, with a 24-hour decrease of 73.39%.
08:39
Informant: SK hynix is inclined to choose to list on the Nasdaq
BlockBeats News, June 13th, according to Reuters citing two sources familiar with the matter, South Korean storage chip manufacturer SK Hynix is planning to choose Nasdaq as its U.S. listing platform. The global leading storage chip company hopes to leverage strong investor demand for AI-related stocks to list on the tech-heavy exchange. The listing could take place as early as August. Previously, SK Hynix's stock price has surged by about 230% this year, driving the company's market value to surpass $1 trillion in May. The U.S. listing is expected to further expand the company's investor base and enhance its visibility in the global capital markets. Sources said SK Hynix has ultimately chosen Nasdaq over the NYSE. As the information is not yet public, the two sources requested anonymity. SK Hynix declined to comment on the matter. Nasdaq has not responded to requests for comment outside of working hours. Click on the original article link below to join the BlockBeats Beating · Feishu AI News Channel, which continuously monitors global AI trends and news 24/7.
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