Author: e_cash_top

[ad_1] Over the last 24 hours, the cryptocurrency market cap saw net outflows of $1.08 billion and currently stands at $811.42 billion — down 0.13%. Bitcoin’s market cap fell 0.2% to $324.13 billion. In contrast, Ethereum’s market cap grew 0.2% to $149.11 billion. The top 10 cryptocurrencies posted a mixed performance over the last 24…

[ad_1] A Tornado Cash developer identified as “Gozzy” has initiated a proposal to receive $240,000 in remuneration to continue development activities on the sanctioned mixing protocol. Gozzy wrote: “Given the lack of assistance at hand, the complexity of the technology, and the potential legal litigations that may arise from my involvement with the organization, I…

[ad_1] Caroline Ellison, the CEO of Alameda Research, won’t face any criminal charges for her role in the FTX fiasco. Ellison’s plea agreement with a New York court was unsealed on Dec. 22, showing that she faces only a fine and forfeiture of assets for pleading guilty. According to the agreement, she won’t be prosecuted…

[ad_1] Two individuals associated with FTX have pled guilty to criminal charges, according to a statement from the Southern District of New York on Dec. 21. Damian Williams, U.S. attorney for the Southern District of New York, said that his office had filed charges against Caroline Ellison, former CEO of Alameda Research, and Gary Wang,…

[ad_1] Despite one of the worst possible events happening in November—the complete collapse of the world’s largest crypto company—the GameFi market did not fall significantly compared to October.  This may indicate that the market, barring a systemic collapse, has reached a limit of its downside risk.  Nevertheless, decreasing investment in space continued, with the amount…

[ad_1] British Columbia, Canada, will deny electricity to new crypto mining firms, according to a press release published by the provincial government on Dec. 21. BC Hydro, a government-owned company, and the province’s only electricity service, will be responsible for denying services to those applicants. Energy minister Josie Osborne criticized the practice of mining, stating:…

[ad_1] The GMX token is only down -23% since reaching its all-time high on Jan. 16, making it the best-performing cryptocurrency (excluding stablecoins) in this bear market. What is GMX? GMX is the utility and governance token of the decentralized GMX spot and perpetual exchange. As a DEX, trading on GMX is supported by multi-asset…

[ad_1] Bitcoin deep dive: 15M BTC in self-custody as Binance withdrawals peak, derivatives switch to ‘risk-off’ A weekly recap of key Bitcoin metrics affecting its price performance in the market, published every weekend. James Van Straten · 4 days ago [ad_2] Source link

[ad_1] The Bahamas government has announced that former FTX CEO Sam Bankman-Fried will travel to the U.S. tonight, Dec. 21. A document from the Office of the Attorney General of the Bahamas confirmed Bankman-Fried’s departure from the island country. It added that the U.S. has requested a provisional arrest warrant for Bankman-Fried “in anticipation of…

[ad_1] Jump Crypto (JC) released a research article on Dec. 21 analyzing Proof of Solvency (PoS) vulnerabilities and how PoS works in theory — but fails in practice. In the article, the research-driven quantitative trading firm state: “For proof of solvency mechanisms to prevent an exchange from misappropriating consumer deposits, consumers must check that their…