Author: e_cash_top

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[ad_1] U.S. authorities are seeking out victims of FTX founder and former CEO Sam Bankman-Fried, according to a web page published on Jan. 6. That page, created by the U.S. Attorney’s Office for the Southern District of New York, invites members of the public to contact [email protected] The invitation is open to those who may…

Bitcoin’s annualized 3-month futures basis show a calm before the storm

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in Uncategorized

[ad_1] Out of all the crypto derivative products, perpetual futures have emerged as a preferred instrument for market speculation. Bitcoin traders use the instrument en masse for risk hedging and capturing funding rate premiums. Perpetual futures, or perpetual swaps as they’re sometimes referred to, are futures contracts with no expiration date. Those holding perpetual contracts…

Chinese criminal steals $4.1M in crypto from victim’s car

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[ad_1] An attacker used a crypto investor’s facial ID to unlock his wallet by force and transferred $4.1 million to his own address in China on Jan.1, as reported by local news outlets. The attacker located the investor in an on-site gathering hosted for crypto investors. After the event, the attacker followed the investor to…

Silbert’s DCG is being investigated by DOJ, SEC over internal transactions

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[ad_1] The U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have opened investigations into Barry Silbert’s Digital Currency Group (DCG) to examine its internal money transfers and loans, as reported by Bloomberg News. Prosecutors are looking into the transfers between the DCG, an embattled subsidiary of the company, who asked not…

Stagnant BTC reached 15 million BTC, unmoved in 6 months

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in Uncategorized

[ad_1] Glassnode data analyzed by CryptoSlate revealed that the total amount of Bitcoin (BTC) that was last active six months ago reached just below 15 million. The chart below represents the total BTC supply that has stagnated for at least six months with the blue area. The data starts from 2010 and shows a steady…

Bitcoin miner Hut 8 registers sequential drop in Bitcoin production

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[ad_1] Canadian Bitcoin mining firm, Hut 8 increased its Bitcoin holdings by 161 in December 2022 – a decline of 32.35% from November’s 238 Bitcoins. Further, Hut 8 mined Bitcoin at an average of 5.2 Bitcoin/day in December – a fall from the November average of 7.9 Bitcoin/day. The firm’s total Bitcoin count on December…

Juno advises users to ‘self-custody’ or ‘sell’ their crypto assets

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[ad_1] Crypto firm Juno advised its customers to self-custody or sell their crypto assets due to uncertainty with its crypto partner in a Jan. 4 Twitter thread. The crypto firm advised this because it does not take personal custody of its users’ assets but relies on its crypto partner. While it did not reveal the…

FTX debtors and Bahamas liquidators settle on asset recovery strategy

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[ad_1] The two halves of FTX ⁠— its debtors in the U.S. and its liquidators in the Bahamas ⁠— have agreed on an asset recovery plan according to a Jan. 6 press release. John J. Ray III, FTX’s CEO and Chief Restructuring Officer, said that although discussions will continue, many issues have been settled. He…

Vauld rejects final acquisition offer from Nexo

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[ad_1] Crypto lending firm Vauld has rejected a long-standing acquisition offer from its larger competitor, Nexo, according to various reports on Jan. 5. In a private letter, Vauld co-founder and CEO Darshan Bathija told Nexo that his company would reject a final proposal put forward by Nexo. Vauld said that Nexo had failed to provide…

Huobi plans layoffs, sees outflows; SBF seeks to retain his Robinhood shares

Jan 6, 2023

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