Author: e_cash_top

[ad_1] Silvergate CEO Alan Lane has denied allegations of nepotism before U.S. senators, according to a report from The Wall Street Journal on Dec. 21. Last month, on Nov.7, Silvergate Capital announced two changes to executive positions within the company. Unfortunately, it neglected to mention at that time that Lane’s son-in-law, Tyler Pearson, would be…

[ad_1] Founded amid the 2018 bear market, Wintermute rose from a small trading firm with less than $1 million in revenue to a crypto behemoth that traded $1.5 billion in volume last year. The company’s road to riches was paved with careful trading strategies, wide spreads, and thin margins – with just a little luck…

[ad_1] Bitcoin miner Northern Data, based out of Germany,  anticipates revenue of €190-194 million ($201.4 million to $205.64 million) for the year 2022. Information has been made public by Aroosh Thillainathan, CEO of Northern Data, in a shareholders letter on Dec. 21.  At the midpoint range, the expected revenue exceeded the previous year’s €189.9 million…

[ad_1] FTX founder Sam Bankman-Fried should be handed over to US authorities today, Dec. 21, as reports surfaced that he has agreed to the extradition. According to an affidavit, the former CEO of FTX consented to be extradited partly in the interest of making his customers whole. Jerone Roberts, SBF’s attorney, requested immediate extradition which…

[ad_1] India’s Central Bank Governor Shaktikanta Das said private crypto assets like Bitcoin (BTC) could cause the next financial crisis and should be banned as they carry “huge inherent risk,” CNBC reported on Dec. 21. Das said cryptocurrencies have “huge inherent risks” that could endanger financial stability. He added that crypto-assets should be banned because…

[ad_1] The cost of Bitcoin (BTC) is now cheaper than the cost of mining one Bitcoin, according to the Difficulty Regression Model. As per data obtained from Glassnode, the current cost of mining one Bitcoin is $18.8k, whereas the cost of one Bitcoin is $16,5771.8.  The Difficulty Regression Model is considered the ultimate distillation of…

[ad_1] Ankr Protocol (ANKR) revealed that a former team member carried out the Dec. 2 hack that led to a loss of around $5 million, according to a Dec. 20 statement. Ankr wrote that the former team member carried out the hack by using malicious code that compromised its private key when a legitimate update…

[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] Over the last 24 hours, the cryptocurrency market cap saw net inflows of $1.17 billion and currently stands at $812.5 billion — up 0.14%. Meanwhile, Bitcoin and Ethereum’s market cap grew 0.4% and 0.3%  to $324.83 billion and $148.89 billion, respectively. The top 10 cryptocurrencies posted a mixed performance over the last 24 hours.…