FTX law firm Fenwick & West to pay $54M to victims in settlement
Fenwick & West LLP, the principal law firm that advised former cryptocurrency exchange FTX, agreed on Friday to pay $54 million to settle a 2023...
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Bitcoin ATM Firm CoinFlip Blasts 'Meritless' Lawsuit as Missouri Demands Restitution for Seniors
In brief Missouri State Attorney General Catherine Hanaway is seeking $1.83 million in penalties and an operational ban against CoinFlip. Blasting the lawsuit as “meritless,”...
LIVE – Crypto News, May 21: SpaceX Holds $1.4B BTC, Hyperliquid Surpasses Solana, Korean Funeral Firm Implodes on Leverage
In today’s crypto news, SpaceX has made headlines with its Bitcoin holding revelation in the IPO filing, Hyperliquid is flexing its strength by topping Solana’s...
Solana treasury firm Solmate raises $11.4M in premium stock offering
Nasdaq-listed Solmate Infrastructure, a Solana-focused treasury and infrastructure company, has raised about $11.4 million via a registered direct offering of Class B common stock. Summary...
Bitcoin Firm Nakamoto Plots 1-for-40 Stock Split Following 99% Price Plunge
In brief Bitcoin firm Nakamoto is instituting a 1-for-40 reverse stock split. The move is intended to help it achieve a share price of $1...
Tether Tightens Grip on Bitcoin Treasury Firm Twenty One With SoftBank Buyout
In brief Tether has acquired SoftBank’s stake in Twenty One Capital (XXI), completely removing the Japanese tech giant from the venture. Shares that SoftBank purchased...
Crypto Wealth Firm Nexo Sponsors $3 Million Golf Tournament at Trump International Scotland
In brief Nexo renewed its commitment as title sponsor for the Nexo Championship, a DP World Tour golf tournament. The event will be hosted at...
US law firm files motion requesting redistribution of $344M USDt linked to Iran
Law firm Gerstein Harrow LLP filed a new motion on Thursday in a miscellaneous enforcement lawsuit, asking the court to compel stablecoin company Tether to...
Bitcoin Firm Nakamoto's Stock Hits New Low After Posting $239M Loss, Selling More BTC
In brief After posting a net loss of nearly $239 million, shares in NAKA reached a new low before rebounding slightly. Shares of NAKA were...
Bitcoin Firm Strive Unveils Daily Dividend Payments for SATA Preferred Shares
In brief SATA is set to become the first U.S. security to pay cash dividends every business day starting June 16. Strive reported a first-quarter...