Category: Latest news
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Blockchain Association files amicus brief in support of Ishan Wahi
[ad_1] Powerledger POWR (24h) $0.18116 +3.62% Power Ledger (POWR) is a blockchain-based platform released in May 2016 with the goal of disrupting the global energy industry by enabling local areas to sell and distribute solar power to their neighbors without the help of middlemen. More about Powerledger [ad_2] Source link
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Options 25 Delta Skew suggests bearish sentiment ahead of CPI
[ad_1] Definition Skew is the relative richness of put vs. call options, expressed in terms of Implied Volatility (IV). For options with a specific expiry, 25 Delta Skew refers to puts with a delta of -25% and calls with a delta of 25% to demonstrate this difference in the market’s perception of implied volatility. 25…
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US prosecutors raise concerns over SBF’s use of VPN
[ad_1] Ad The U.S. prosecutors said FTX founder Sam Bankman-Fried used Virtual Private Network (VPN) to access the internet on Jan. 29 and Feb. 12, according to a Feb. 13 letter to Judge Lewis Kaplan. The prosecutors said SBF’s VPN use raises concern because the mechanism could hide online activities, make data transfers, and access…
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Binance processes $1B withdrawals amid regulatory scrutiny on BUSD
[ad_1] Ad Binance users are withdrawing their crypto assets following the recent regulatory scrutiny of one of the exchange’s products. In the last 24 hours, the exchange saw outflows of $621 million, according to a Wu Blockchain report. The outflows had dropped to $460 million as of press time, according to DeFillama data. Binance recorded…
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Terra’s classic stablecoin surges on BUSD failure, but is still only worth $0.03
[ad_1] Ad The depegged stablecoin Terra Classic USD (USTC) regained a small amount of value today alongside news that issuance of Binance USD (BUSD) will be halted. The price of USTC rose 19.14% to 3.1 cents over 24 hours on Feb. 13. For the past several months (until Feb. 3) it has been worth 2.7…
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Blender coin mixer may have rebranded, likely remains in use by Lazarus Group
[ad_1] Ad The coin mixer Blender has likely rebranded and could still be in use among North Korean groups, according to a report from analytics firm Elliptic on Feb. 13. Elliptic says that although Blender stopped operating in April 2022, it has likely rebranded as “Sinbad” based on several facts and patterns it has observed.…
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Crypto investor burns a Bored Ape for a Bitcoin Ordinal equivalent
[ad_1] Ad On Feb. 12, Jason Williams tweeted he had burned Bored Ape #1626 for a Bitcoin Ordinal equivalent. “The NFT community is moving to BTC, where Ordinals have brought true scarcity to collectibles,” he wrote in the Tweet announcing the burn. “It’s done. Over. Not coming back to ETH,” he wrote. The move predictably drew…
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How investors should safeguard crypto assets after FTX collapse
[ad_1] Ad In Nov 2022, the world experienced the sudden fall of one of the largest crypto exchanges in the crypto sphere. FTX mainly faced a liquidity crisis, and its founder and former CEO, Sam Bankman-Fried (SBF), was linked to the mayhem. Consequently, the incident that happened in a matter of days impacted the entire…
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USDC market cap has shrunk almost $7B since October 2022
[ad_1] Ad About $7 billion worth of value has left the Circle-backed stablecoin USDC since October, according to Glassnode data analyzed by CryptoSlate. (Source: Glassnode and Cryptoslate) (Source: Glassnode and Cryptoslate) The charts above show the market caps of USDT and USDC – both stablecoins that are pegged to the US dollar – since Jan…
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Circle reportedly informed NYDFS about Binance’s BUSD
[ad_1] Ad Stablecoin issuer Circle filed a regulatory complaint last fall regarding Binance’s stablecoin reserves, according to a Bloomberg report on Feb. 13. Circle reported BUSD to NY regulator Bloomberg’s report says that Circle informed the New York Department of Financial Services (NYDFS) about Binance’s stablecoin, Binance USD (BUSD). Circle, which monitors blockchain data, reportedly…