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Record $1.6 billion of staked Ethereum redemptions led by Celsius and Figment
Record $1.6 billion of staked Ethereum redemptions led by Celsius and Figment

The significant withdrawals had little impact on Ethereum's price which rose by around 12% during the period.

Crypto Slate·2024/01/15 21:36
Short-term view on spot bitcoin ETFs ‘a mistake’ says 21Shares president
Short-term view on spot bitcoin ETFs ‘a mistake’ says 21Shares president

Various investors likely to “dip their toe” into BTC funds before ramping up allocations over time, Ophelia Snyder tells Blockworks in an interview

Blockworks·2024/01/15 21:19
Celestia founder relives crashing CIA website and hacking Westboro Baptist Church in early years
Celestia founder relives crashing CIA website and hacking Westboro Baptist Church in early years

Quick Take Celestia founder Mustafa Al-Bassam has spoken about his earlier life as a member of hacker group LulzSec. He described his favorite hack, which took place while on a live radio show.

The Block·2024/01/15 17:08
Solana price decline causes spike in long liquidations
Solana price decline causes spike in long liquidations

Quick Take: The price of SOL has dropped by more than 8% in the past 24 hours, marking the largest decline among larger cryptocurrencies. Long positions were impacted the most, with over $6 million in SOL longs liquidated.

The Block·2024/01/15 17:08
Is altcoin season about to erupt?
Is altcoin season about to erupt?

Cryptodaily·2024/01/15 15:02
Flash
  • 02:02
    Catizen: The registration for depositing CATI tokens into the on-chain non-custodial wallet is expected to open at 6 PM today
    ChainCatcher announcement, Catizen has posted on platform X that the registration for CATI token deposits to non-custodial wallets on-chain is expected to open at 6 PM Singapore time today. After deposit registration, CATI tokens will be distributed to users' wallets after 6 PM tomorrow.
  • 01:54
    Former FTX executive Ryan Salame and partner Michelle Bond deny allegations of campaign finance violations
    According to Golden Finance, Michelle Bond, the partner of former FTX co-CEO Ryan Salame, pleaded not guilty in the Southern District Federal Court of New York to four charges of campaign finance violations. These charges include conspiracy to cause illegal campaign contributions, causing and accepting excessive campaign donations, causing and accepting illegal corporate donations, and causing and accepting conduit contributions. The charges stem from allegations that Bond concealed the source of funds during her 2022 run for a Republican seat in the U.S. House of Representatives. It is alleged that Salame arranged for FTX to fund her campaign with $400k while Bond is accused of making false statements to the Federal Election Commission (FEC) and Congressional committees. Notably, Salame had previously pleaded guilty and was sentenced to 90 months imprisonment but requested court withdrawal after Bond was charged claiming his plea was based on prosecutor's promise not to investigate his partner. Judge Lewis Kaplan stated he would consider whether or not to withdraw Salame's plea. Currently, Bond has been released on a bail bond worth one million dollars but is restricted from traveling outside mainland USA. Judge George Daniels has scheduled a pretrial conference for January 2025. In criminal cases involving FTX and Alameda Research as at September 18th only Salame & SBF have been sentenced with prison terms; sentencing hearings for other executives involved will take place over the next few months.
  • 01:53
    CICC: The Federal Reserve's initial rate cut of 50bp is the fourth in history, partially exceeding market expectations
    BlockBeats reports that on September 19, in response to the Federal Reserve's 50bp rate cut, CICC commented that a 50bp rate cut is an unconventional start and partially exceeds market expectations. This 50bp rate cut aligns with the expectations of CME interest rate futures but surpasses many Wall Street investment bank forecasts, marking it as an "unconventional" start. Historically, a starting point of a 50bp rate cut only occurs during economic or market emergencies such as the tech bubble in January 2001, financial crisis in September 2007, and pandemic in March 2020.