Author: e_cash_top

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[ad_1] American geopolitical analyst Peter Zeihan has never been popular among Bitcoiners. Zeihan has spoken out against Bitcoin (BTC) several times in the past, going as far as to call BTC a “dumpster fire.” In the nearly 2 hours-long podcast hosted by Joe Rogan on Jan 8, Zeihan went on to reiterate his views against…

Bankrupt miner Core Scientific Bitcoin production rose 5% in December

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[ad_1] Bankrupt Bitcoin (BTC) miner Core Scientific saw its production rise by over 5% in December to 1,435 BTC from 1,356 BTC recorded in November, according to a Jan. 9 press statement. During this period, Core Scientific said its self-mining hash rate rose to 15.7 EH/s from 15.4 EH/s. Meanwhile, the miner added that its…

Osprey Funds is operating with less than 10 employees after layoffs

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[ad_1] Crypto asset manager Osprey Funds, which manages the Osprey Bitcoin Trust (OBTC), is operating with less than 10 employees after layoffs, Yahoo Finance reported on Jan. 9 citing sources familiar with the matter. The crypto product issuer laid off 15 employees and became the latest to cut jobs amid the bear market. Osprey Funds…

Mango Markets exploiter faces new set of charges from the CFTC

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[ad_1] Mango Markets exploiter Avraham Eisenberg is facing one more set of charges, as outlined in a complaint filed by the CFTC on Jan. 9. In that complaint, the Commodity Futures Trading Commission (CFTC) alleges that Eisenberg manipulated the price of swaps on the DeFi platform Mango Markets. By engaging in artificial price inflation, Eisenberg…

Binance sees $12B withdrawn in 60 days

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[ad_1] 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 since November. Aside from the massive outflows, the report finds the discrepancy between reports of Binance’s holdings troubling.…

Cryptosphere lost 61% less to hacks in 2022 vs 2021

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in Uncategorized

[ad_1] The crypto sphere lost $3.78 billion to 303 blockchain-related security incidents in 2022, which is 61% less than the $9.80 billion recorded in 2021, according to a report by SlowMist. Comparison of blockchain losses over the past three years Even though the number of hacking incidents has been growing steadily since 2020, the total…

Huobi Korea to become an independent entity, breaking ties with Huobi Global

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[ad_1] The Huobi South Korean subsidiary, Huobi Korea, is set to operate as an individual entity after cutting its ties with Huobi Global, according to a report from Korean news outlet News1. Leon Lin, the founder of Huobi Global, owned more than half of Huobi Korea. Among the next major shareholders are Huobi Korea Chairman…

Sources claim FTX investigation could exhaust the SDNY court

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[ad_1] The criminal investigation into the fraud committed by the FTX exchange and its CEO Sam Bankman-Fried could be a lot more complex than lawmakers anticipated. Prosecutors in the U.S. District Court for the Southern District of New York have reportedly said that the case was “so sprawling” it could exhaust the resources of the…

Bitcoin shrimp, crab cohorts aggressively buying; ETH equivalent cohorts selling

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in Uncategorized

[ad_1] Glassnode data analyzed by CryptoSlate showed a significant trend difference between Bitcoin (BTC) and Ethereum (ETH) shrimp and crab cohorts. BTC fundamentals’ core narrative is the reason that so many investors believe in the asset — and buy regardless of the price. Evidence of this can be seen below as Shrimps (who hold one BTC…

Bitcoin surpasses $17K for first time since early December

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