FTX Scandal Update & PayPal’s stablecoin on Solana and Circle’s EURC ⚡Hamster News⚡. #hamsterkombatHamster News
Hey Hamsters! FTX is back and new stablecoins abound in today’s episode. You ready? Let’s dig in! The FTX co-founder Gary Wang and FTX’s former Engineering Director Nishad Singh are now said to be sentenced later this year after testifying against their former colleague Sam Bankman-Fried (yes, the big bad SBF). News comes from stablecoin issuer Circle with the launch of a euro-backed stablecoin, EURC! The online payment giant PayPal announced that its stablecoin would launch on Solana. Since then, the volume for its stablecoin has exceeded 300 million weekly trades with a 61% surge this last week. Crypto mining firm TeraWulf took to Twitter to announce it had paid off its outstanding debt earlier than expected. With a final payment of $77.5 million! The lowest levels on the Crypto Fear & Greed Index have been noted since January 2023, indicating negative investor sentiment. That’s all for today! Subscribe and remember: Hamsters are power 6
Watch every video closely to get clues that you can use later
Former FTX execs Nishad Singh, Gary Wang to be sentenced later this year
Circle introduces EURC, its first euro-supported stablecoin on base PayPal’s stablecoin surpasses $300 million market cap following Solana expansion
Mining company TeraWulf pays off outstanding debt early Crypto Fear & Greed Index hits lowest level since January 2023
#hamsterkombat #hamsternews #crypto #cryptocurrencies #cryptocurrency #cryptonews #cryptoupdates #ftx #sbf #stablecoin #circle #eurc #coin #paypal #solana #cryptomining #mining #terawulf #mtgox #bitcoin #btc #ethereum #eth
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