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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Funding Roundup: Crypto companies raised $823M in September
Funding Roundup: Crypto companies raised $823M in September

Thirty-three DeFi companies announced raises last month, data from the TIE terminal shows

Blockworks·2024/10/07 02:24
US bankruptcy judge approves FTX reorganization plan, two years after the exchange's collapse
US bankruptcy judge approves FTX reorganization plan, two years after the exchange's collapse

Quick Take About 94% of creditors in the “dotcom customer entitlement claims” class who returned their ballots — representing about $6.83 billion in claims by value — voted in favor of the reorganization plan. However, the plan garnered criticism from Sunil Kavuri, a representative of the largest FTX creditor group. Kavuri said the estate should pay out crypto in kind, rather than the dollar value.

The Block·2024/10/06 16:00
Flash
  • 08:03
    A certain whale has reduced its holdings by 867,000 RAY, the sale of which will result in a loss of 1.27 million US dollars
    According to on-chain analyst Aunt Ai's monitoring, affected by the news of pump.fun building its own AMM, RAY has fallen nearly 30%. The whale "DMBZ2...XvQvD" has reduced its holdings accumulated over nearly four months of 867,000 RAY ($2.83 million). If sold, it will lose $1.27 million. In the past three days, he has already deposited $6.45 million worth of RAY into exchanges at a cost of $4.73 per unit, accumulating a total loss of $1.517 million.
  • 07:55
    NEXUS: The developer network system is now online, users can start Devnet mining
    According to official news from NEXUS, the NEXUS developer network operating system has been launched and users can start Devnet mining activities. This includes: Devnet OS, Devnet chain and Devnet explorer. Previous news reported that NEXUS Testnet II was closed at 4:00 am (UTC+8) on February 23rd.
  • 07:01
    $714 Broccoli donates $10,000 to help Strays Dog Center house more than 1,400 stray dogs
    On February 24th, Broccoli official X announced that its 714 community has donated $10,000 to Strays Dog Center. The funds will be directly used to support the basic operations of the stray animal shelter, covering core needs such as medical care, food supply, and shelter maintenance for more than 1400 stray dogs. It is reported that this donation stems from the special emotions of community members towards the project mascot Broccoli - the dog was originally a stray animal sheltered by Strays Dog Center and later became a symbol of the project.
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