Gaming Token Gala Stabilizes as Company Says Security Incident ‘Contained’
Someone minted 5 billion GALA tokens and then sold them on decentralized exchange UniswapSource
Ether Jumps 10% to $3.4K After Bloomberg Ups Odds of Spot ETF Approval
Markets previously had mostly priced in SEC rejections of the proposed funds beginning this week.Source
Research Firm Favors Bitcoin ‘Covered Strangle’ Strategy to Enhance Portfolio Yield by 17%
Our favorite strategy is to buy Bitcoin Spot, Sell 100,000 strike call, and Sell 50,000 strike put for the December 2024 expiry, 10x research said in a note.Source
Genesis Set to Return $3B Customer Assets in Finalized Bankruptcy Liquidation Plan
Bankruptcy claims began trading at 35% of account balance value when they were initially listed on claim trading marketplace XclaimSource
Steven Cohen’s Point72 Also an Owner of Bitcoin Via Spot ETFs
Point72, the $34 billion hedge fund of billionaire and owner of the New York Mets, Steven Cohen, held $77.5 million of the Fidelity Wise Origin Bitcoin Fund (FBTC) as of the close of the first quarter, according to a filing.Source
Solana’s SOL Could Hit $200 By Month End, Hedge Fund Founder Says
The fifth-largest cryptocurrency is benefitting from multiple catalysts, including bustling meme coin and DeFi activity, upcoming network upgrade and increasing interest in restaking arriving to the ecosystem.Source
Protocol Village: Oobit Collaboration With TON Lets Users Spend Tether Sent Over Telegram
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 16-22.Source
Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH, SOL, LINK Post Big Gains
The CoinDesk 20 Index is higher by more than 4% over the past 24 hours as crypto’s big rally this week continues.Source
NEAR Token’s 10% Gain Tops CoinDesk 20 Last Week: CoinDesk Indices Market Update
All but two cryptos in the index moved higher over the past week, with Cosmos and Aptos missing out on the rally.Source