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Ex-Celsius CEO Alex Mashinsky Sentenced to 12 Years in Prison for Fraud

Former Celsius Network CEO Alex Mashinsky was sentenced to 12 years in federal prison on Thursday. The decision follows his December guilty plea to organizing a fraudulent scheme that misled investors and manipulated the market value of Celsius’s native token, CEL. Sentencing Details The U.S. Attorney’s Office, Southern District of New York, announced Mashinsky’s prison […]

Will Markets Move Higher When $2.6B Bitcoin Options Expire? 

Around 26,000 Bitcoin options contracts will expire on Friday, May 9, and they have a notional value of roughly $2.57 billion. This week’s event is virtually identical to last week’s expiry event, as derivatives crypto trading has remained muted. This may change now, though, as spot markets are ripping higher. Bitcoin Options Expiry This week’s […]

New Purpose-Built Blockchain T-Rex Raises $17 Million to Transform Attention Layer in Web3

[PRESS RELEASE – Hong Kong, Hong Kong, May 9th, 2025] Launching Summer 2025, T-Rex’s built-in distribution engine introduces a radically simple idea: rewarding people seamlessly for doing what they already love online. T-Rex, a purpose-built blockchain for entertainment, content, and cultural virality, today announced a $17 million fundraise and Incubation Fund to revolutionize online content publishing […]

Ethereum Foundation Commits $32.65M to Advance L2 Efficiency and Education

The Ethereum Foundation has allocated $32.65 million in grants through its Ecosystem Support Program (EFESP) during the first quarter of 2025. In a May 8 update, the foundation broke down the allocations by category, type, and recipient, but it did not provide information on how much each beneficiary received. Project Details According to the post, […]

Flipster Makes Esports Debut as Official Crypto Exchange Partner of TALON’s Dota 2 Team, Powering a New Era of Fan Engagement

[PRESS RELEASE – Panama City, Panama, May 8th, 2025] Flipster, one of the world’s fastest-growing cryptocurrency derivatives trading platforms, today announced an exclusive partnership with TALON, one of Asia’s premier competitive gaming organizations, competing in 10 major titles — including Dota 2, League of Legends, and Valorant — across seven countries. As part of the […]

BTC, ETH, XRP Gain as Donald Trump Teases Major Trade Deal

The broader cryptocurrency market has charted a notable increase over the past hours following an announcement from the US president about a “major trade deal” expected to be announced tomorrow. BTC, ETH, XRP, Altcoins Gain As CryptoPotato reported, Bitcoin’s price is seemingly aimed for the important technical and psychological resistance level at $100,000. The broader cryptocurrency market […]