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29Mar

28Mar

03-28 23:11BlockBeatsShare to:

People familiar with the matter: FTX has locked 41 million SOL worth US$7.5 billion and has attracted multiple buyers

According to BlockBeats news, on March 28, The Block quoted people familiar with the matter as reporting that the 41 million SOL (approximately US$7.5 billion) locked in FTX has attracted multiple buyers. It is reported that FTX selected Galaxy Asset Management to facilitate token sales in September 2023, and the registered investment adviser is allocating tokens to potential bidders, some of whom are raising funds for larger bids. Neptune Digital is the first company to publicly state that it has acquired locked SOL from FTX Assets. The institution purchased 26,964 SOL at a price of $64 per token. 20% of the tokens will be unlocked in March 2025, and the remaining tokens will be unlocked linearly every month until 2028. Galaxy Trading was one of the funds that raised funds from investors to bid for the locked SOL. Investors can participate at $64 per token, and the fund will charge a 1% management fee, according to three sources. BitGo will be the custodian of the tokens. Two sources said that while some of the transactions have now been completed, some tokens are still remaining. They expect the products to be available late next month, although this has yet to be confirmed. One source said the product is in high demand as investors realize they don’t have enough exposure to the SOL token as the token’s price rises rapidly in the process.

03-28 20:47BlockBeatsShare to:

Crypto custodian Copper apologizes for serving “naked sushi” to attendees at recent event

BlockBeats news, on March 28, according to the Financial Times, Copper, a crypto custodian valued at US$2 billion, apologized for serving "naked sushi" to attendees at a recent offline event, saying An internal review will be launched. It is reported that Copper held a private party at the five-star hotel Mandrake in London last week. Photos from the event show Copper serving "naked sushi" to attendees. A source close to Copper said the models, who were male and female and "dressed in bathing suits," were "very glitzy," but more about performance art than anything dirty. Copper also wrote in the invitation: "Transcend the ordinary in the Copper experience... Attendees will be able to entertain and explore all five senses." Copper said in its apology that the event was entrusted to a third-party organization, and among the participating members were "Some performing artists," including a palm reader, a magician, and a man and a woman at the table. BlockBeats previously reported that in January 2023, former British Chancellor of the Exchequer Philip Hammond announced that he would join the crypto asset custody company Copper as chairman, and said that most of Copper’s new round of financing has been in place. This financing is expected to value the company at approximately to US$2 billion. The company, which was founded in east London in 2018, has so far not been successful in gaining regulatory approval from the Financial Conduct Authority.

03-28 07:30BlockBeatsShare to:

Ethena will launch ENA airdrop and list on CEX on April 2

BlockBeats news, on March 28, according to official news, Ethena announced that it will launch the ENA airdrop and list it on CEX on April 2. Any user who cancels the pledge, unlocks or sells all USDe before this date will not be eligible to receive the airdrop (simply put Say, do not operate except for Pendle YT holders). The total amount of this airdrop is 750 million (accounting for 5% of the total), which can be claimed within 30 days at most. After that, any unclaimed ENA will be redistributed to users of the second season event. There are more than 90,000 user addresses eligible for this air investment. The top 2,000 users with points and Pendle's YT token holders will only unlock 50% initially, and the remaining 50% will be unlocked linearly within 6 months. In addition, 3% of the total amount of tokens in this airdrop (0.15% of the total supply) will be distributed to SchizoPosters and Redacted Remilio Babies series NFT holders. The total number of Ethena (ENA) tokens is 15 billion, and the initial circulation is 1.425 billion. The allocation quota for core contributors and investors is 30% (1-year lock-up), and the ecological economic development allocation quota is 25%. Ethena The foundation's distribution quota is 15%. ENA will be used to vote on governance proposals on matters related to the Ethena protocol. The Ethena Shard event will end on April 1. The event lasted only 6 weeks in total. It is one of the shortest Pre-Token events in the crypto field so far. The current supply of USDe has increased to over 1.3 billion US dollars, which is also the fastest to exceed 10 The US dollar stablecoin with a supply of 100 million US dollars is the protocol with the highest revenue in the industry (7-day revenue reached 8 million US dollars, higher than MakerDAO's 4.8 million). Ethena Sats (Season 2 event) will begin immediately after the end of Season 1, supporting BTC as the underlying asset. The Sats campaign will continue for another 5 months or end when the USDe supply reaches $5 billion.

27Mar

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