RWA

FG Nexus dumped all its Ethereum at a $45 million loss to buy mobile home parks—after earning just $144,000 in staking rewards

CryptoSlate5h agoUpdated 3h ago
FG Nexus dumped all its Ethereum at a $45 million loss to buy mobile home parks—after earning just $144,000 in staking rewards
Smart Read

Its Aug. 12 filing confirms complete liquidation, a separate $41.167 million ETH-loss line and no crypto at quarter-end. The post FG Nexus dumped all its Ethereum at a $45 million loss to buy mobile home parks—after earning just $144,000 in staking rewards appeared first on CryptoSlate.

Coins in this story

ETH
₹1,876.28
-0.70%

Discussion

Related stories

CoinTelegraph

Robinhood Chain nears $1B TVL as Uniswap drives liquidity: Standard Chartered

Standard Chartered said Robinhood’s Uniswap integration could solve a key challenge for new blockchains while accelerating UNI token burns.

CoinDesk

Crypto for Advisors: The crypto advice gap

You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.

Decrypt

Crypto Group Warns Fed Could Use Banking Access to Squeeze Digital Asset Firms

The Blockchain Association is urging the Supreme Court to take up Custodia’s case, saying that broad Fed power over “master accounts” could be used to push crypto firms out of the banking system.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.