In a recent interview, Hoskinson warned that 99% of Solana meme coins would fail, cautioning investors about their speculative nature and the risk of pump-and-dump schemes. The rise and fall of LIBRA, backed by Argentinian President Javier Milei, and the Gen Z Quant token have sparked concerns over market manipulation and insider trading. Charles Hoskinson, […]

The bankrupt crypto exchange FTX is reportedly primed to begin paying its main group of creditors at the end of May. Business restructuring lawyer Andrew Dietderich said in court last week that the payouts are scheduled to begin on May 30th, Bloomberg reports. FTX will use its $11.4 billion cash reserves, which were amassed after […]

Asset manager Grayscale has filed to list an exchange-traded fund (ETF) holding a diverse basket of spot cryptocurrencies, US regulatory filings show.On April 1, Grayscale submitted an S-3 regulatory filing to the US Securities and Exchange Commission (SEC), which is required to convert the non-listed fund to an ETF. The Grayscale Digital Large Cap Fund, which […]