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Solana Tumbles in Wake of FTX Collapse; Anonymous Twitter User Leaks 3Commas API Database
Solana (SOL) has dropped as much as 10% in the past 24 hours, adding to a 20% slide over the past week. Selling pressure on the tokens came from their close links to disgraced FTX founder Sam Bankman-Fried, who faces charges of fraud and misappropriation of client funds. Separately, an anonymous Twitter user has obtained around 100,000 API keys belonging to users of the crypto trading service 3Commas.
MicroStrategy's Bitcoin Bet; Pudgy Penguins NFTs Break All-Time Highs With Holiday Rally
MicroStrategy has added about 2,501 bitcoins to its holdings since Nov. 1, spending a net $44.6 million. The software company co-founded by crypto proponent Michael Saylor also sold a small amount of the largest cryptocurrency by market capitalization for the first time last Thursday. Plus, a closer look at why Pudgy Penguins NFTs are on a Christmastime tear.
Sam Bankman-Fried Borrowed From Alameda to Buy Robinhood Shares; DeGods and Y00ts to Migrate Chains
Fallen FTX chief Sam Bankman-Fried borrowed hundreds of millions of dollars from Alameda Research to purchase his monster stake in Robinhood Markets Inc., according to court documents. Plus, the team behind DeGods and Y00ts, two of the top non-fungible token (NFT) projects on Solana network, confirmed on Twitter that the projects would be migrating chains.
Sam Bankman-Fried Under House Arrest; Justin Sun Was Secret Top Client of Valkyrie
The disgraced founder of cryptocurrency exchange FTX is reportedly now under house arrest in California after being released on a $250 million bond. "The Hash" hosts discuss the latest developments, as FTX seeks help from a U.S. bankruptcy judge over an ownership battle of roughly $450 million worth of stock in Robinhood Markets. Plus, TRON founder Justin Sun is one of the richest figures in crypto, and a good chunk of his bitcoin (BTC) is stored in one place: U.S.-based Valkyrie Investments.
Caroline Ellison, Gary Wang Plead Guilty to 'Fraud' Charges; Twitter Integrates Crypto, Stock Prices in Search Results
"The Hash" hosts discuss the latest legal developments for former FTX CEO Sam Bankman-Fried after his arrest. Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang pleaded guilty to charges tied to FTX's collapse, U.S. Attorney Damian Williams announced Wednesday night. Plus, a closer look at how Twitter is integrating crypto prices on its platform.
Bitcoin Miner Core Scientific Files for Bankruptcy; Paxful Removes ETH From Platform
"The Hash" group discuss today's top stories, including another domino falling during crypto winter as bitcoin miner Core Scientific files for chapter 11 bankruptcy. Plus, a creditor committee that includes crypto exchange Gemini has presented a plan to Genesis and Digital Currency Group (DCG) to “provide a path for the recovery of assets." DCG is the parent company of CoinDesk. And, Paxful CEO Ray Youssef announces ether's (ETH) removal from his marketplace.