FTX creditors are furious again. This time, it’s about a wild rumor claiming the bankrupt crypto exchange will distribute $16 billion in cash within 60 days starting January 3. Sunil, an FTX creditor, called out AIXBT, accusing them of spreading outright lies.

He clarified that FTX doesn’t even have $16 billion available. Let’s clear up the math. FTX has about $13 billion in cash right now and plans to hold back $6.5 billion. That leaves between $6.5 billion and $7.5 billion for the first distr

After 9-months of dormancy, Tether’s Bitcoin reserves have received 7,629 BTC valued at $705.25 million from Bitfinex. According to Arkham monitoring data, Tether now holds 82,983 BTC worth $7.68 billion at current prices. The reserves were reportedly accumulated for $2.99 billion at an average price of approximately $36,125 per Bitcoin.

This is the third instance this year where Tether has added to its Bitcoin holdings. Blockchain data reveals that in early 2024, the stablecoin issuer acquired

According to reports from China, Huawei Technologies, the Chinese tech giant, has lowered pricing for several high-end handsets in new efforts to stimulate sales. In addition, the entity plans to begin mass-producing its most advanced AI processor in the first quarter of 2025.

According to Huawei’s official online store, Vmall, the company has reduced the price of its top-of-the-line Pura 70 Ultra device, launched in April, to 8,999 yuan (US$1,233) for the 1 terabyte version. This represents an

MicroStrategy is at it again, like clockwork, even as market correction deepens. The company just dropped $209 million to scoop up 2,138 more Bitcoins. This is week eight of their nonstop Bitcoin shopping spree.

The SEC filing shows that MicroStrategy paid an average of $97,837 per Bitcoin between December 23 and December 29, when prices slid from their all-time highs of over $108,000.

While the company is laser-focused on Bitcoin, its stock price is not feeling the love. MSTR has tanked 45% i

Wall Street investors hoping for a traditional Santa Rally to close out the year have been left disappointed so far. Stock index futures suggest continued struggles for equities, following a 1.1% drop in the S&P 500 at the end of last week.

According to economists, 2024 has been a record-setting year for Wall Street. The S&P 500 reached 57 record highs, placing it among the top five years for all-time records. Over the past year, the Nasdaq Composite has gained over 31%, the S&P 500 has climbed

Solana (SOL) is attracting more stablecoins in the past day, as liquidity shifts to the most promising markets. A shift to DeFi lending and DEX activities is driving the trend. 

Solana (SOL) is setting out as one of the most active chains for 2024. Solana saw increased stablecoin inflows in the last days of the year, surpassing all other chains. Based on data by Lookonchain, Solana attracted more than $454M in stablecoin inflows in the past week. Methods for tracking inflows differ, but the ove

Elon Musk’s radical plan to slash $2 trillion from U.S. federal spending through the Department of Government Efficiency (D.O.G.E.) continues creating chaos on Capitol Hill. What’s surprising now is Biden’s allies are throwing their weight behind parts of the billionaire’s cost-cutting agenda.

Elon’s crusade, part of Donald Trump’s government overhaul, has brought in unlikely alliances, heated debates, and a flurry of activity in Washington. Senator Bernie Sanders, known for his war on defense

Grayscale Research has unveiled its updated list of the top 20 crypto assets for the first quarter of 2025, reflecting evolving market trends and key themes shaping the digital asset landscape. The revised list includes six new additions: Hyperliquid (HYPE), Ethena (ENA), Virtuals Protocol (VIRTUAL), Jupiter (JUP), Jito (JTO), and Grass (GRASS). 

The crypto market witnessed a significant upturn in Q4 2024, driven largely by a favorable reaction to the US election results. According to Grayscale

Bloober Team’s remake of Silent Hill 2 was praised by fans and critics alike for its faithful update of a classic horror game. One sharp-eyed player noticed a clever clue for Maria, which many would have missed (spoiler alert).

The Silent Hill 2 2024 remake was praised critically. It was also a commercial success when it came out in October. For modernizing a game that’s considered a survival horror masterpiece and has been around for a long time, Bloober Team has fans praising them for a succe

Crypto whales have shifted focus to ai16z tokens. To that end, the AI agent platform is considering changing its tokenomics and potentially building a layer 1 blockchain as the year comes to a close.

The team has initiated discussions with contributors to enhance the value accrual of its token. ai16z’s most recent governance considerations involve a gradual revision of its token economics.

According to sources, the entity intends to create a token launchpad similar to Pump.fun in the first qua

US chip-making firm Nvidia is reportedly expanding its focus to humanoid robots next year amid intense competition from peers in the AI chip-making business.

Nvidia’s vice president of robotics, Deepu Talla told the Financial Times that the company is expecting to introduce its next version of compact computers for humanoid robots during the first six months of 2025.

Nvidia bets on the coming robotics boom 

Nvidia has played a significant role in driving the thriving AI industry with its chip

VILNIUS, Lithuania, Dec 30, 2024 — 2024 has been a historic year for Bitcoin and BTCC, the world’s most trusted crypto exchange, as both celebrated remarkable milestones. With Bitcoin completing its 4th halving in April and breaking above its long-awaited mark of $100,000 earlier in December, BTCC grows at the same magnitude, reaching 6.8 million registered users worldwide and surpassing a total trading volume of 13.8 trillion USDT.

In the first half of 2024, BTCC proudly turned 13 as Bitcoin c

The U.S. economy had every reason to crash this year. The Federal Reserve had interest rates at painful highs for most of the year, inflation refused to hit target levels, and a chaotic election season kept businesses and consumers on edge.

Yet, somehow, according to the International Monetary Fund (IMF), the U.S. will likely close the year as the top-performing economy among G7 countries.

It wasn’t a perfect year by any stretch. But compared to the doom-and-gloom projections, the resilience w

The race to establish national Bitcoin reserves is reshaping geopolitical strategies as nations around the world seek to position themselves as global financial leaders. The most prominent cryptocurrency, Bitcoin, has become a cornerstone in this “Cold War for crypto reserves,” with major powers such as the United States, Russia, China, Japan, and others seeking to come out on top. 

According to data from Arkham Intelligence, more than 10 countries have known BTC holdings. Unverified reports pu

There appears to be a strategic shift in fund flow into the new token class, belonging to AI agents. The trend is especially active on the tokenless Base chain, which allows for the cheapest launches and testing of new AI agents. 

Base, the tokenless chain by Coinbase, is on track to surpass Solana as the go-to network for AI agents. The shift happened in the last months of 2024, after the launch of the Virtuals Protocol platform. 

Ironically, the trend among AI agents was noted by an AI agent

XRP just gave the entire crypto market a reality check, plunging 5.2% in the last 24 hours and wiping out gains faster than a rug-pull. Other big players like Dogecoin (DOGE), Solana (SOL), Ethereum (ETH), and Binance Coin (BNB) followed suit, shedding up to 2%. The overall crypto market tumbled by 3% too.

A stronger U.S. dollar, fueled by renewed investor confidence, is slapping every risk asset in sight. Global markets aren’t having a great time either, with Asian equities spiraling down and

Former President Jimmy Carter passed away on Sunday at his home in Plains, Georgia, at the age of 100. Carter, who served as the 39th president of the United States from 1977 to 1981, holds the record for the longest-lived president in American history. 

President-elect Donald Trump called him a good person but a “terrible president,” and we probably have a good idea why. Will Trump’s second-chance administration outpace who many call the most “humble and devoted” commander-in-chief in US histo

The TGE offers web3 games’ enthusiasts access to the Elfin Metaverse for future rewards

The Elfin Metaverse project has announced that it will be launching its highly anticipated Token Generation Event (TGE). The Binance Labs-backed project says it’s TGE provides investors, gamers, and game developers an opportunity to contribute to its growth while enjoying rewards. 

Participants can earn $ELFIN tokens by completing exciting tasks ranging from daily missions to leaderboard competitions. The p

The latest round of token unlocks, scheduled for the week between December 30 and January 5, is valued at more than $832 million.

Sui (SUI) leads the cliff unlocks with a release worth $263.20 million, while Worldcoin (WLD) continues to lead linear unlocks at $80.41 million. This period marks one of the largest coordinated token releases of the cryptocurrency market in early 2025, according to data from Tokenomist.

SUI leads large cliff unlocks 

Sui (SUI) dominates the upcoming token releases