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Top Crypto Hedge Fund Faced Swiss Raid Over FTX-Linked Losses


Crypto hedge fund Tyr Capital Partners faces allegations of "criminal" mismanagement and was raided by a Swiss prosecutor over losses incurred in relation to FTX. The post Top Crypto Hedge Fund Faced Swiss Raid Over FTX-Linked Losses appeared first on Cryptonews

Helldivers 2 Sees Over 400,000 Concurrent Players On Steam Alone


Third-person shooter sensation Helldivers 2 reached an extraordinary 409,337 concurrent players over the weekend. That makes it the fifth most popular game on Steam, a fact made all the more impressive when you factor in that three of those five games are free, compared to Helldivers 2's...

Azuki Is Among Top Sales Volume Gainers Today + More NFT News


Top NFT news today, February 19, 2024: The Azuki collection is among the top performers per sales volume over the past 24 hours, Arcade announces an airdrop, and Yuga Labs acquires Proof. NFT Market Data Over the past 24 hours, the non-fungible token (NFT) sales volume is up 23% to $46,077,452....

Sotheby’s EtherRock Auction Closes Wednesday, Expected to Fetch Over $600K


Sotheby’s, the 279-year-old British auction house, is expected to close the sale of an EtherRock (EthRock) non-fungible token (NFT) on Wednesday, in a sealed bid auction. The decentralized prediction market website Polymarket reflects that there is a 57% chance that the EtherRock NFT will sell...

FTX’s Legal Labyrinth: S&C Scrutinized Over Past Ties and Fraud Claims


FTX creditors have filed a class-action lawsuit against the law firm overseeing the exchange’s bankruptcy, Sullivan & Cromwell (S&C). The creditors allege that S&C actively participated in FTX Group’s multibillion-dollar fraud and benefited financially from it. According...

Coinbase Vaults Beyond 1 Million Bitcoin Mark, Stash Valued Over $52 Billion


On Friday, Feb. 16, 2024, bitcoin’s value hovered between $51,850 to $52,350, with onchain insights from Arkham Intelligence revealing that the Nasdaq-listed crypto exchange giant, Coinbase, now possesses over 1 million bitcoin. Based on the current market prices, the stash secured by...

Bitcoin ETFs Gobble Another $477 Million Despite Rising GBTC Sales


Bitcoin spot ETFs in the United States absorbed another $477 million in net flows on Thursday, maintaining record growth despite a revival of outflows from the Grayscale Bitcoin Trust (GBTC). Data compiled from BitMEX Research shows that Bitcoin ETFs have absorbed over $400 million of flows...

Nearly Two-Thirds of Crypto Projects Meet their Demise, New Research Finds


Nearly two-thirds of crypto projects to launch in the past several years have met their demise, according to a recent analysis of over 12,000 cryptocurrency projects. The report, conducted by AlphaQuest and Storible, found that 72% of projects born during the 2020-2021 bull run have failed....

MicroStrategy’s Bitcoin Holdings Now Worth Over $10 Billion


MicroStrategy, the largest corporate owner of bitcoins, possesses over $10 billion worth of the cryptocurrency as of Thursday morning. According to MicroStrategy’s Q4 2023 Financial Results presentation, published on February 6, the company has made a profit of over $4 billion on its Bitcoin...

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