BingX Crypto & Financial News
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๐ŸŒ Your portal to the crypto and financial world. Breaking news, insights, and analysis from BingX and crypto market.
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The FCA has initiated legal proceedings against HTX, linked to Justin Sun, in the High Court in London over alleged illegal promotion of cryptocurrencies, Bloomberg reports.
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SOL Cube is set to go public through a SPAC, with plans to invest $500 million to acquire SOL prior to completing the merger.
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A notable Bitcoin whale has closed a long position, realizing approximately $5.7 million in gains, and has opened a short position comprising 299.7 BTC, valued at $32.5 million. Over the past ten days, the trader has accumulated more than $11 million in profits with a perfect win rate of 100%.
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Standard Chartered indicates that Bitcoin may temporarily dip below $100,000, potentially offering a favorable buying opportunity.
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Modern Treasury, supported by Salesforce, has acquired the Beam stablecoin startup for $40 million, according to Fortune.
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Polymarket to Serve as Clearing Platform for DraftKings, a Leader in Prediction Markets
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Senator Cynthia Lummis: A significant day in Washington for the structure of the digital asset market.
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BingX Crypto & Financial News
Coinbase has added BNB to its listing roadmap.
Coinbase to support BNB on BNB Smart Chain network.
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Google unveils significant breakthrough in quantum computing with its Willow chip.
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BingX Crypto & Financial News
MegaEth to Launch Public ICO on Sonar Platform by COBIE
#MEGA listed on Hyperliquid Futures.
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The U.S. government has seized 215 Bitcoin from the wallet of the founder of the Chinese darknet market Chinodrug. Meanwhile, Canadian regulators have imposed a $126 million fine on crypto payments platform Cryptomus.
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BingX Crypto & Financial News
US Trade Representative confirms Trump's meeting with Xi will proceed as scheduled. Bessent and I will meet with Chinese officials in Malaysia to explore potential avenues for advancing negotiations.
The Trump administration is considering broad restrictions on software exports to China amid ongoing trade tensions.
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Polymarket introduces BNB deposit and withdrawal options on platform.
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BingX Crypto & Financial News
Limitless has published the tokenomics for the LMTS token. The total supply is capped at 1 billion tokens. Token distribution and transactions will occur on the Base network. A portion of platform fees will be allocated for buybacks. Additionally, 24.37% ofโ€ฆ
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Wallet 0x3c58 received 40 million LMTS from the Limitless team and subsequently sold 5.63 million LMTS for $2.38 million at approximately $0.42 per token via wallet 0xBF31. The same wallet is now repurchasing LMTS at lower prices, acquiring 484,748 tokens for $166,000 at roughly $0.34 each. Limitless development team maintains that these transactions are part of efforts to counteract snipers and that the 0xBF31 wallet will be used to redeem tokens at suitable price levels as further airdrop recipients exit the network.
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BingX Crypto & Financial News
Limitless has published the tokenomics for the LMTS token. The total supply is capped at 1 billion tokens. Token distribution and transactions will occur on the Base network. A portion of platform fees will be allocated for buybacks. Additionally, 24.37% ofโ€ฆ
This media is not supported in your browser
VIEW IN TELEGRAM
Wallet 0x3c58 received 40 million LMTS from the Limitless team and sold 5.63 million LMTS for $2.38 million at $0.42 per token through wallet 0xBF31. Currently, the 0xBF31 wallet is repurchasing LMTS at lower prices, acquiring 484,748 LMTS for $166,000 at $0.34 each. Limitless developer CJ Tech stated that these moves are part of an effort to combat snipers and that the 0xBF31 wallet will be used to redeem tokens at appropriate price levels as other airdrop recipients exit the network.
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BingX Crypto & Financial News
Kalshi raises $500 million in funding, valuing the firm at $5 billion, according to the New York Times.
Kalshi received an investment offer surpassing $5 billion, potentially valuing the company at over $1 billion.
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Today's summary and tomorrow's events - https://t.me/bingx1/2147483647
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Hyperliquid Strategies has filed with the SEC to raise up to $1 billion for the creation of a HYPE treasury. theblock.com
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Citadel CEO reveals 4.5% stake in DeFi Development Corp, a company focused on Solana accumulation. [cointelegraph]
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