Altcoins such as solana and lido have gained more than 20% as investors betting on a decline covered their positions, the report said.

A representative told CoinDesk that all BONK tokens used to mint the NFTs will be permanently burned.

Poor liquidity means large buy and sell orders can significantly impact the cryptocurrency’s price.

Winklevoss, on behalf of Gemini, called for Silbert’s removal for his involvement in the disagreement between Genesis and its creditors.

The former chairman of Bithumb Holdings was recently acquitted of fraud charges.

ALSO: Bitcoin and ether traded up. Solana saw double-digit gains amid strong transactional activity.

Traders liquidated some $245 million worth of short positions, according to Coinglass.

The U.S. Commodity Futures Trading Commission (CFTC) brought manipulation charges against Mango Markets exploiter Avraham Eisenberg on Monday, after the Department of Justice arrested him last week.

The crypto-native financial-services firm found that crypto VC funding in 2022 reached its second highest year, with Web 3 and trading based platforms leading a majority of those efforts.

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