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According to CoinMarketCap data, the total market capitalization of memecoins stood at $54 billion on March 5, down 56% from $124 billion on Dec. 5, 2024.
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A crypto trader and marketing executive who correctly predicted FTX’s collapse said FTX creditor repayments coming a little over two years after the incident is a “win” — all things considered.
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Still, the Bybit hack alone accounts for more than half of the $2.3 billion stolen in crypto-related hacks in 2024, marking a significant setback for the industry.
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The SEC must review and approve the filings before trading can commence.
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The filing adds to the litany of applications with the US Securities and Exchange Commission by exchanges and asset managers seeking to list ETFs tied to alternative cryptocurrencies, or altcoins.
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https://warpcast.com/isabe4olria/0x4128f71c
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https://warpcast.com/bonnieben5n/0x670c9a74
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In a Feb. 17 post on the X social media platform, Stark explained why the SEC requested a 28-day extension to answer Coinbase’s petition asking for permission to appeal.
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The US Securities and Exchange Commission’s lawsuit against Coinbase could be dead in its tracks as the regulator’s newly established Crypto Task Force seeks to resolve prior enforcement action against the exchange, according to former SEC official John Reed Stark.
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The TON Foundation said that Telegram’s TON features played a significant role in the growth of the network through its updates to Mini Apps, usage of Toncoin for pay-ins and payouts, and its advertising platform.
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The new partnership builds on the close collaboration of Telegram and the TON Foundation, with Telegram having repeatedly endorsed TON as its blockchain network of choice for Web3 infrastructure.
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TON will become the exclusive blockchain infrastructure for Telegram’s Mini App ecosystem as part of a new partnership between Telegram and the TON Foundation.
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Telegram will cease support for all blockchains other than The Open Network (TON) for its messenger services, including Mini Apps, according to an announcement shared with Cointelegraph on Jan. 21.
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https://warpcast.com/apollo8urson/0xc3194df2
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The former FTX executive said that despite the implied assurances from federal prosecutors, US authorities resumed investigating Bond.
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According to Salame, federal authorities implied they would stop investigating his partner, Michelle Bond, for campaign finance violations if he pleaded guilty.
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On Aug. 21, Salame filed a petition to void his guilty plea, claiming that federal prosecutors backtracked on key stipulations within the original plea agreement.
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However, Judge Lewis A. Kaplan ordered a longer term of 90 months due to the serious nature of the case and the amount of monetary losses caused by FTX’s collapse.
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Federal prosecutors initially aimed to secure a sentence of 5 to 7 years for the former FTX executive.
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“Ryan, who was not part of Sam Bankman-Fried’s innermost circle, was unaware of the crimes at the center of this case,” Salame’s attorneys wrote in a May 14 sentencing memorandum.
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