Archiv der Kategorie: Blog

: Crypto Market Booms as Bitcoin Dominance Hits New 6-Month High

• Bitcoin dominance has hit 41.5% as of Jan. 20 — the highest level over six months. • Ethereum dominance is also up and currently stands at 19.4%. • The market cap for the entire crypto space sits at just … Weiterlesen

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NY AG Sues Celsius Network Co-Founder for Defrauding Investors

• The New York Attorney General has filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius Network LLC, for allegedly defrauding investors. • Mashinsky is accused of violating the Martin Act and New York’s Executive and … Weiterlesen

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Binance Sees $12 Billion Outflow in Two Months, Investors Unconvinced

Bulletpoints: • Binance has experienced a significant outflow of assets in the past two months, a recent report from Forbes found. • Forbes analysts dove deep into Binance’s wallets and found that the exchange saw around $12 billion of outflows … Weiterlesen

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US Prosecutors Subpoena Hedge Funds in Binance Anti-Money Laundering Probe

• US prosecutors have issued subpoenas to hedge funds for records of their dealings with Binance. • This is part of an ongoing investigation into potential violations of US anti-money laundering laws by Binance. • Experts have expressed frustration with … Weiterlesen

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Cryptocurrency’s Future: CTO of Algorand Foundation Remains Optimistic

• The cryptocurrency industry has experienced a recent downturn, leading to concerns about its future. • John Woods, CTO of the Algorand Foundation, remains optimistic about the future of cryptocurrencies as decentralized, self-sovereign tokens of credit. • Woods believes that … Weiterlesen

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FTX and Bahamas Liquidators Reach Agreement on Asset Recovery Strategy

• FTX debtors and Bahamas liquidators have come to an agreement on an asset recovery strategy. • The two parties will cooperate on various efforts such as sharing information, arranging the return of property and filing litigation against other parties. … Weiterlesen

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Vauld Rejects Long-Standing Acquisition Offer from Nexo

• Vauld, a crypto lending firm, has rejected a long-standing acquisition offer from its competitor Nexo. • Vauld expressed concern over Nexo’s solvency and its plan to handle U.S.-based customers. • Nexo had revised its proposal multiple times, with its … Weiterlesen

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Crypto Firm Juno Recommends Self-Custody or Selling Crypto Assets

• Juno crypto firm advised customers to self-custody or sell their crypto assets due to uncertainty with its crypto partner. • They disabled the crypto-buying feature and automatically converted stablecoins in user wallets to USD, which can be found in … Weiterlesen

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Bitcoin to Remain Flat in 2023 After Second-Worst YTD Since Launch

• Bitcoin (BTC) saw its second-worst year to date (YTD) in 2022 since launch — predicted to remain flat through 2023, according to Arcane Research (AR). •The crypto winter of 2022 was fueled by tightening macro conditions and vastly exacerbated … Weiterlesen

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