Mt Gox has said that it would begin distributing over $9 billion worth of funds to its creditors in early July.
Toncoin is currently the ninth-largest cryptocurrency by market capitalization, with a market cap of $18 billion.
It marked the rollup’s highest day of revenue ever and a sharp turnaround compared to the typical post-Dencun average.
Blast pulled ahead of OP Mainnet in terms of the 7-day moving average of transactions and active addresses, but remains well behind Arbitrum One and Base.
ByBit is unlikely to become the most dominant exchange by spot volume, but seems to be emerging as the main winner of the FTX fallout.
Bitcoin’s volatility is expected to continue declining with every halving. The next one, scheduled for 2028, will render bitcoin four times as scarce as gold. Increasing retail and institutional adoption of this technology is also bound to decrease volatility structurally over time.
A UK General Election victory for Labour could see a focus on real-world asset tokenization and the development of CBDC technology.
Despite a drawdown in the crypto market, derivatives traders are positioning for price increases, particularly for ether, analysts said.
In a post-mortem, the Opentensor Foundation said the attack on Bittensor user wallets was traced back to a malicious package upload.
A wallet belonging to a German official entity moved its largest stash of BTC to exchanges earlier today, while Mt. Gox wallets showed activity for the first time in a month.
