Court Orders EminiFX Founder to Repay $228M

A federal judge in New York ordered Eddy Alexandre, founder of the collapsed crypto platform EminiFX, to pay more than $228 million in restitution after ruling the company was a Ponzi scheme that defrauded tens of thousands of investors. The US Commodity Futures Trading Commission (CFTC) secured a summary judgment against Alexandre and EminiFX, with…

Highest Paying Web3 Jobs 2025

Key takeaways Quants: $180,000-$325,000+, tied to PnL swings. Legal/CCO: Up to $500,000 TC with equity. Influencers: Six/seven figures from sponsors; high risk. Auditors: $150,000 base; bounties can hit millions. Brokers: 1%-3% commissions; six-figure monthly commissions possible. In Web3, many of the best-paying blockchain jobs are concentrated in areas where specialized skills or direct revenue impact…

Robinhood Sues New Jersey, Nevada Over Event Contracts

The derivatives arm of trading platform Robinhood has sued regulators in Nevada and New Jersey in a bid to head off potential enforcement action from the states over its sports event contracts. In a pair of complaints on Tuesday against Nevada and New Jersey gaming regulators and their attorneys general, Robinhood Derivatives said it started…

XRP Pushed Into $2.90 Support Zone Amid ETF Delays, Poor Security Rankings

XRP extended losses in the past 24 hours, slipping under the $3.00 mark after a sharp rejection at resistance. A combination of blockchain security concerns and delayed regulatory decisions drove heavy selling and profit-taking across institutional desks. News Background • A security audit ranked XRP Ledger lowest among 15 blockchains, eroding investor confidence.• The SEC…

Crypto market sell-off accelerates, but SOL data predicts recovery to $200

Bitcoin and altcoins continue to sell off, but Solana’s fundamentals and accelerating institutional traction hint at a price recovery to $200. Source link

Bitcoin Price Threatens Drop To $112K: Is That The Bottom

Key takeaways: Bitcoin’s options market signals extreme fear, but historical patterns show potential for significant rebounds. Global economic pressures from US trade tariffs negatively affected traders’ sentiment. Bitcoin (BTC) fell below $113,000 for the first time in over two weeks, surprising traders and triggering the liquidation of $113 million in leveraged long positions. The sharp…

WazirX Users Approve Another Restructuring Plan After Court Rejection

Crypto exchange WazirX users are potentially one step closer to recovering funds more than a year after a $234 million hack of the exchange — with 95% of voting creditors greenlighting a new restructuring plan that had been shot down by the Singapore High Court earlier this year. WazirX lost $234 million of crypto from…

WazirX Users Approve Another Restructuring Plan After Court Rejection

Crypto exchange WazirX users are potentially one step closer to recovering funds more than a year after a $234 million hack of the exchange — with 95% of voting creditors greenlighting a new restructuring plan that had been shot down by the Singapore High Court earlier this year. WazirX lost $234 million of crypto from…

Will ETH, BNB, LINK, MNT Recover First?

Key points: Bitcoin risks falling to $110,530, where the buyers are expected to step in. Bitcoin is approaching a solid support, and a strong rebound off it could see buyers return to ETH, BNB, LINK and MNT.  Bitcoin (BTC) is gradually pulling lower, indicating profit booking by short-term traders. Bitfinex analysts said in a report…

New Crypto Advocacy Group Launches With Wyoming Summit

A group of crypto industry figures has launched a nonprofit lobbying arm to engage US policymakers and the public on digital asset issues. A nonprofit organization headed by significant figures in the cryptocurrency and blockchain industry has launched with the goal of educating policymakers and encouraging public advocacy. On Tuesday, the American Innovation Project (AIP),…