Galaxy, Jump, and Multicoin’s $1B Solana Play: Supply Squeeze or Market Mayhem? Three crypto giants—Galaxy Digital, Jump Crypto, and Multicoin Capital—are poised to make a seismic $1 billion bet on Solana (SOL), potentially forming the largest corporate treasury of the token yet. Backed by the Solana Foundation and brokered by financial heavyweight Cantor Fitzgerald, this […]
Read Full Article
Humanity Protocol’s Palm-Scanning Project Hits $1.1 Billion Valuation with Pantera Capital and Jump Crypto Leading the Charge Humanity Protocol, a decentralized identity project leveraging palm-scanning technology, has soared to a $1.1 billion valuation following a $20 million funding round led by Pantera Capital and Jump Crypto. This ambitious initiative aims to tackle online fraud and […]
Read Full Article
Jump Crypto Subsidiary Faces $123M SEC Settlement Over TerraUSD Debacle In a significant development, Jump Crypto’s subsidiary, Tai Mo Shan, has settled with the U.S. Securities and Exchange Commission (SEC) for $123 million. This settlement stems from accusations of misleading investors about the stability of the TerraUSD (UST) algorithmic stablecoin. Tai Mo Shan agreed to […]
Read Full Article