Author: e_cash_top

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[ad_1] Speaking on Twitter Space on Dec. 12, Sam Bankman-Fried stated that he is “not currently planning to speak at an upcoming Senate hearing” on Dec. 14.” Previously, SBF confirmed that he was willing to speak before Congress. However, recent revelations indicate that he is “open” if the Senate believes it is important he attends.…

XEN crypto accounts for 15% of all Ethereum gas fees

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in Uncategorized

[ad_1] XEN crypto, an ERC-20 token launched in October, accounts for about 15% of all Ethereum gas fees. XEN (a pointless scam token) is currently ~15% of Ethereum gas spend. – 4x more than all L2s.– 20% above OpenSea.– Not far from Uniswap v3. Right now, ETH net issuance is virtually zero. If on-chain activity…

Binance denies US DOJ looking to prosecute the exchange, says Reuters is ‘wrong’

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[ad_1] Binance said on Dec. 12 that Reuters falsely stated that the U.S. Department of Justice is looking to prosecute Binance over money laundering changes. In the statement, Binance claimed that Reuters was “attacking our incredible law enforcement team” as the company shared the press release sent to Reuters. The company also shared a new…

0xPlasma Labs proposes Uniswap v3 deployment to BNB Chain

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in Guides

[ad_1] The CEO of 0xPlasma Labs, Ilia, has proposed deploying Uniswap v3 to BNB Chain (Binance), which could bring in an additional $1 billon in Total Value Locked (TVL) and 1-2 million new users. Currently, the proposal is in the discussion stage. 0xPlasma Labs released a proposal to deploy Uniswap v3 to BNB Chain (Binance),…

Unpredictable electricity cost could have caused Argo’s troubles

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[ad_1] As rumors about Argo’s possible bankruptcy continue to spread, more information about what caused the company’s troubles are unraveling. The U.S.-based Bitcoin mining company has seen its shares plummet in the second half of the year as it struggled to keep a positive cash flow. In October, Argo failed to secure a $27 million…

Tron’s USDD stablecoin falls to $0.97 as it loses dollar peg

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[ad_1] Tron’s USDD stablecoin has lost its peg as its price dipped to $0.97, sparking fears of another UST collapse. The Tron-based algorithmic stablecoin launched on May 5, and its market cap currently stands at roughly $708 million. Tron founder Justin Sun said USDD would be over-collateralized by low-volatile assets like USDT, USDC, Bitcoin, to avoid a…

Paxful to delist Ethereum following push for integrity post-FTX

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[ad_1] Ray Youssef, CEO and co-founder of Paxful, announced plans to remove Ethereum from the platform and said that the “revenue is nice but integrity trumps all.” The comment came in response to an assessment from Jeremy Garcia, the CEO of Bitcoin education site Satoshi’s Journal, who blasted Ethereum as “poorly designed” and uncompliant with…

ETH wallets of all sizes increased in number during November

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[ad_1] CryptoSlate analysts looked into Ethereum (ETH) wallets of all sizes to reveal that most categories have recorded exponential growth during the month of November. Crabs Investors holding up to 10 ETH are called “Crabs.” The chart below shows the number of these investors since January 2018 with the blue line. ETH Crab addresses The…

Genesis liquidation could force DCG bankruptcy

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[ad_1] Haseeb Qureshi, the Managing Partner at Dragonfly Capital, discussed the potential consequences of Genesis going into liquidation on a recent episode of Unchained’s “The Chopping Block.” 1/ On a recent episode of Unchained’s The Chopping Block, @hosseeb makes a surprising comment about the $1.1 billion DCG-Genesis promissory note. He says the 10 year note…

Asian VC fund Sora Ventures relocates to ‘crypto friendly’ Taiwan

Dec 11, 2022

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