Author: e_cash_top
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SBF comments on FTX’s fate; Nexo faces criminal allegations
[ad_1] The biggest news in the cryptoverse for Jan. 12 saw former FTX CEO Sam Bankman-Fried comment on a possible FTX recovery and tell his side of the story. Elsewhere, Nexo has been accused of financial crimes and has had its offices raided. Lido is accumulating staked ETH, while Binance is doubling down on Fetch.ai.…
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Bitcoin approaches $19,000 price mark
[ad_1] The value of Bitcoin (BTC) is now close to $19,000. The asset was worth $18,975 at 9:00 p.m. UTC on Jan. 12. That price represents a gain of 8.05% in one day, as the asset was priced close to $17,561 just 24 hours ago. Bitcoin prices for Jan. 12 via CoinGecko (times in PST)…
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Ripple CTO called out for market manipulation of FLR token
[ad_1] Ripple CTO David Schwartz has been criticized for alleged market manipulation of Flare (FLR) tokens with his recent comments on the FLR token airdrop. The current Flare holding rules for subsequent airdrops leave absolutely no incentive not to sell your Flare now. You lose *nothing* if you sell now. 1/3 — David “JoelKatz” Schwartz…
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Grayscale says recent events will not affect GBTC conversion case against SEC
[ad_1] Grayscale’s chief legal officer Craig Salm said on Jan. 12 that he does not expect the recent spate of events in the crypto space to impact its case against the SEC. Recent crypto events won’t impact Grayscale’s case According to him, the lawsuit is about “determinations on questions of law.” He added that despite the…
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Nexo-linked addresses see outflows of nearly $9M amid rising FUD
[ad_1] On-chain data shows that addresses related to crypto lender Nexo are recording outflows following news of financial crimes investigations by the Bulgarian government. Crypto intelligence platform Arkham Intelligence dashboard showed that the crypto lender had seen outflows of roughly $9 million since the news broke. Source: Arkham Intelligence A breakdown of the transactions showed…
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FET becomes reserve asset for Binance as AI token popularity rises
[ad_1] Fetch.ai (FET)has become a listed token on Proof of Reserves (PoR) for a number of exchanges, including Binance, Huobi and Bitfinex, according to Glassnode data. Artificial Intelligence (AI) token popularity surged over the last three months — leading to significant increases in AI token price and active addresses, according to CryptoSlate data. Fetch.ai FET is a…
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MetaMask warns of ‘address poisoning’ wallet scam
[ad_1] MetaMask notified the crypto community of a new type of scam called “address poisoning” in a recent post. The scam was rated as “rather innocuous compared to other scam types.” However, the company warned that address poisoning still has the potential to dupe unsuspecting users into losing funds. “Address poisoning is an attack vector…
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Samsung Asset Management to list Bitcoin ETF on Hong Kong Stock Exchange
[ad_1] Samsung Asset Management received approval to list its Bitcoin (BTC) Futures Exchange Traded Fund (ETF) on the Hong Kong Stock Exchange by Jan. 13, according to local media reports. On Oct. 31, the Hong Kong Securities and Futures Commission (SFC) announced plans to allow ETF providers to list futures contracts for retail investors to…
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Staked Ethereum surpasses 16M, over 70% stakers at a loss
[ad_1] The amount of staked Ethereum (ETH) has risen by 18% to over 16 million since the network completed its transition to a proof-of-stake (PoS) network last year, according to CryptoSlate data. The 16 million staked ETH equates to roughly 13.28% of ETH’s total supply — worth $22.42 billion — 500,213 total validators and 87,121 distinct depositor…
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SBF claims ‘no funds were stolen,’ blames CZ for collapse in detailed report on FTX collapse
[ad_1] Former FTX CEO Sam Bankman-Fried (SBF) launched a Substack report in which he detailed his version of accounts of what happened at FTX. SBF claimed that “no funds were stolen” and attributed the collapse to Alameda’s inability to hedge against a market crash adequately. SBF recovery plan for FTX SBF took to Twitter earlier…