Solana’s price dropped 13% suddenly, liquidating nearly $20 million in long positions and delivering huge losses to SOL traders who had bet on continued gains. The crash was the biggest blow to bullish traders since SOL had risen 600% in 2023.
Tether froze over 3.5 million USDT tokens across 161 Ethereum wallets in compliance with U.S. sanctions, exposing mysterious transactions right before the enforcement action.
Funko has partnered with Disney for an NFT drop on the Droppp platform featuring packs of digital Funko Pop collectibles of classic Disney characters, with the ability for holders of rare NFTs to later redeem them for exclusive physical figurines.
Bitcoin fell as much as 7.5% to $40,521, sparking a broader crypto market selloff that saw tokens like Ether, XRP, and Cardano also decline. Over $299 million in liquidations fueled the drop.
Attorney John Deaton criticized former SEC Chair Jay Clayton’s comments on the Ripple lawsuit, while Galaxy CEO Michael Novogratz acknowledged the role of the XRP Army. XRP price declined nearly 6%.
The popular NFT collection Pudgy Penguins has revealed plans and a trailer for Pudgy World, a 3D browser game experience utilizing zkSync layer-2 scaling technology, set to launch in alpha in 2024.
The Swiss city of Lugano unveiled an expansion of its cryptocurrency adoption efforts, enabling citizens and companies to pay any municipal taxes and fees through Bitcoin and Tether as part of its Plan B initiative with Tether to drive blockchain integration.
Social media analytics firm Graphika tracked a huge 2,408% annual increase in online activity around services offering AI-generated non-consensual intimate images, warning of potential impacts like harassment and child sexual abuse.
Stablecoin firm Tether unveiled a new voluntary policy to freeze wallets tied to parties sanctioned by the U.S. Office of Foreign Assets Control in an effort to further cooperation with law enforcement.
Documents reveal the expansive oversight the Department of Justice will have over Binance under the terms of a plea deal, including extensive access to records, resources, and information on staff and partners to ensure compliance.
