Author: e_cash_top

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[ad_1] Sam Bankman-Fried (SBF), the former CEO of the now-collapsed FTX crypto exchange, has said that he hopes to start a new business to generate funds to pay back victims of the company’s collapse. SBF wants to start a new biz? To the @BBC: "I’m going to be thinking about how we can help the…

CZ addresses concerns over investigation into ‘abnormal price movements’ on Binance

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[ad_1] Changpeng Zhao (CZ), the CEO of Binance, has addressed concerns surrounding the investigation into “abnormal price movements” for some trading pairs on the exchange. Based on our investigations so far, this appears to be just market behavior. One guy deposited funds and started buying. (Hackers don’t deposit). Other guys followed. Can’t see linkage between…

Bitcoin’s 2022 realized losses is almost double the size of realized profit

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[ad_1] CryptoSlate’s analysis of Glassnode charts showed that Bitcoin’s (BTC) realized losses in 2022 were almost twice the size of realized profit. Bitcoin realized losses top $195 billion According to the chart, Bitcoin had a realized loss of $195 billion in 2022. This means that several holders sold their BTCs for less than they bought them.…

TOR network DDOS attacks lead to I2P solution for Bitcoin Privacy apps

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[ad_1] Bitcoin privacy apps and lightning nodes have been struggling with DDOS issues for most of this year, as TOR, the network used by many of these applications, has been under attack. In response, the team behind the MercuryWallet application decided to make their wallet work with both TOR and I2P, a decentralized network that…

What is NFT Wash Trading? Examples of How it Works

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[ad_1] Dec 2022, CoinGecko and Footprint Analytics Joint Report There is an underlying assumption that the entire NFT market is fraudulent in nature and only consists of wash traders. Unfortunately, we often see media headlines pushing this narrative. After all, why would people spend millions of dollars on a JPEG? Wash trading is the act…

Bitcoin on-chain deep dive: BTC falls below the global electrical cost

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[ad_1] A chorus of recession calls Fed officials have been prohibited from speaking ahead of next week’s fed funds announcement; investors have been left pondering on U.S. rate cuts priced in for 2023 and 2024. While December 2023 Fed Funds Rate Futures are priced at 4.5%, December 2024 is currently priced at 3.5%; an aggressive…

Selecting a derivatives DEX: An overview & comparison

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[ad_1] Trading volume on decentralized exchanges (DEXs) hit $32 billion within seven days in mid-November, recording another high since early June this year. This came after an explosive, tumultuous week in the crypto industry, which drove many investors — both seasoned and new alike — to take refuge in self-custodial, permissionless and decentralized trading platforms.…

Bitcoin exchange flows show headstrong belief in face of bad news

Dec 10, 2022

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[ad_1] On-chain data from Glassnode, analyzed by CryptoSlate, shows in the event of bad news, Bitcoiners act with bullish conviction 75% of the time. Furthermore, the analysis of the exchange inflow/outflow chart from Glassnode revealed that even during bearish events, Bitcoiners retain confidence regarding exchange trading. Inflows and outflows usually mirror one another. The chart…

Analyzing the WBTC FUD after the FTX collapse and its depeg

Dec 10, 2022

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[ad_1] Wrapped Bitcoin is the leading form of Bitcoin “wrapped” in a smart contract on the Ethereum network. This allows it to be used in Ethereum-based decentralized finance (DeFi) applications. WBTC is backed 1:1 to the value of Bitcoin, so one WBTC is theoretically equivalent to one BTC. BitGo is the main WBTC issuer, meaning…

Ethereum OPAC Compliant blocks in decline after touching 80%

Dec 10, 2022

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