Today’s gamers are going to spend — on average — more than $6,400 on purchases they can’t use outside of the platforms on which they were purchased. Source link
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ZKasino, a DeFi platform recently embroiled in controversy, announced that it will return stolen funds to its investors at a 1:1 ratio. The platform, which Dutch authorities recently charged with stealing $30 million in user deposits, stated in a blog post on May 28 that investors can reclaim their Ethereum…
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One of the funds was BlackRock’s Strategic Income Opportunities Fund worth over $37.4 billion. Source link
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Asset management giant BlackRock added $4.1 million worth of its spot Bitcoin ETF shares to two of its funds, according to May 28 SEC filings. The asset manager added $3.6 million of its iShares Bitcoin Trust (IBIT) shares to its BlackRock Strategic Income Opportunities Portfolio (BSIIX). It also added $486,000…
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What will Ethereum ETFs mean for your favorite altcoin projects? Some will clearly benefit, but others — like Solana — may lose. Source link
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The US District Court for the District of Utah has dismissed the SEC’s case against DEBT Box without prejudice and imposed over $1.8 million in fines against the watchdog for bad faith conduct. The fines, which come in the form of attorney fees and costs, follow sanctions against the SEC…
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The civil lawsuit initially filed by the commission in 2023 ended on May 28, with a judge ordering the SEC to pay attorney and receivership fees. Source link
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Riot Platforms has announced a proposal to acquire Bitfarms for approximately $950 million, reflecting a 24% premium to Bitfarms’ one-month volume-weighted average share price as of May 24. According to the press release, Riot’s decision to make a hostile takeover bid follows Bitfarms’ Board of Directors’ rejection of its private…
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Former CEO Changpeng Zhao cannot be Binance’s beneficiary if it wants to keep its French license. Source link
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The US DOJ sentenced former FTX executive Ryan Salame to 90 months, or 7.5 years, in prison on May 28. The New York Times reported that Salame will surrender on Aug. 29. His lawyers aim to have Salame serve his sentence at a federal prison in Cumberland, Maryland. Salame must…