Genesis to Return $3B in Customer Assets in Bankruptcy Liquidation Plan
QUICK TAKE Genesis, in a finalized bankruptcy plan, will return $3 billion worth of customer assets, representing 77% of customer...
Market
GameStop Memecoins Surge Despite Stock Decline
QUICK TAKE GME and Roaring Kitty memecoins spiked 10% and 42%, respectively, in the past 24 hours. GameStop’s stock dropped...
GameStop’s Meme Stock Resurgence: A Fed-Induced Rally?
Quick Take: GameStop surges nearly 160% since Friday, sparking questions about the Federal Reserve's role. Analysts speculate if the Fed's...
Trump and Biden Deadlocked on Polymarket, Departing from Poll Trends
Quick Take: Polymarket assigns 45% likelihood of victory to both Trump and Biden for the U.S. presidency. Other election contracts...
Layer 3 Degen Chain Faces 11-Hour Block Production Halt
Quick Take: Layer 3 Degen Chain experiences operational downtime. Network hasn't produced a block in over 11 hours. Layer 3...
Grayscale Opts Out of Ethereum ETF Fight After Bitcoin ETF Backlash
Quick Take: Grayscale unlikely to pursue SEC for Ethereum ETFs as it did for Bitcoin. Bitcoin ETF experienced significant outflows...
Binance and KuCoin Approved by India’s Financial Intelligence Unit
Quick Take: Binance and KuCoin registered with India's Financial Intelligence Unit (FIU). KuCoin pays $41,000 fine; Binance's penalty pending FIU...
Meme Coin Mania Surges: Record 138 Coins Listed in April, Analyst Reports
Quick Take: CoinMarketCap logs 138 meme coins in April, per Crypto Coryo. PEPE and WIF attract fast money. Meme coin...
Exploring SocialFi: The Intersection of Social Media and Finance
Quick Take: SocialFi combines social media with blockchain to reward users for content creation and data control. Cryptocurrencies and NFTs...
Revolutionizing Debt Markets with Blockchain: Insights from PV01 Founder Max Boonen
Quick Take: PV01 founder Max Boonen delves into the hurdles of debt access and the transformative power of tokenization in...