Category: Latest news

[ad_1] Ripple CTO David Schwartz has been criticized for alleged market manipulation of Flare (FLR) tokens with his recent comments on the FLR token airdrop. The current Flare holding rules for subsequent airdrops leave absolutely no incentive not to sell your Flare now. You lose *nothing* if you sell now. 1/3 — David “JoelKatz” Schwartz…

[ad_1] On-chain data shows that addresses related to crypto lender Nexo are recording outflows following news of financial crimes investigations by the Bulgarian government. Crypto intelligence platform Arkham Intelligence dashboard showed that the crypto lender had seen outflows of roughly $9 million since the news broke. Source: Arkham Intelligence A breakdown of the transactions showed…

[ad_1] MetaMask notified the crypto community of a new type of scam called “address poisoning” in a recent post. The scam was rated as “rather innocuous compared to other scam types.” However, the company warned that address poisoning still has the potential to dupe unsuspecting users into losing funds. “Address poisoning is an attack vector…

[ad_1] Former FTX CEO Sam Bankman-Fried (SBF) launched a Substack report in which he detailed his version of accounts of what happened at FTX. SBF claimed that “no funds were stolen” and attributed the collapse to Alameda’s inability to hedge against a market crash adequately. SBF recovery plan for FTX SBF took to Twitter earlier…

[ad_1] The release of December 2022’s Consumer Price Index (CPI) data showed inflation at 6.5% year-on-year (YoY). This came in the same as estimated. Bitcoin initially dropped 1.4% on the news before recovering. As of press time, it was trading at $18,152. Source: BTCUSDT on TradingView.com The post Bitcoin holds steady as Consumer Price Index…

[ad_1] Hong Kong’s Securities and Futures Commission (SFC) Chair Julia Leung said the commission will allow retail investors to trade only highly liquid crypto assets, South China Morning Post reported. Earlier on Jan. 9, Hong Kong’s Financial Secretary Paul Chan announced that from June 2023, the government will start issuing licenses to allow crypto exchanges…

[ad_1] El Salvador has passed a bill that will allow the country to sell bonds backed by Bitcoin, according to a report from Bloomberg on Jan. 11. The country’s Congress approved the bill with 62 votes in favor and 16 votes against. President Nayib Bukele now must sign the bill. The proposed bonds are part…

[ad_1] Bitcoin prices surged 4.2% in a matter of hours on Jan. 12. At 11:00 p.m. UTC, Bitcoin was priced at $17,548. At 1:00 a.m. UTC, the asset was worth $18,287. Prices began to decline shortly after that high point, though at this early stage, it is unknown what Bitcoin’s long-term price trend may look…

[ad_1] Binance has been granted permission to operate in Sweden, according to an announcement published by the cryptocurrency exchange on Jan. 11. Binance registers in Sweden Today’s announcement indicates that the Swedish Financial Supervisory Authority (FSA) has registered Binance Nordics AB as a financial institution. This development means that Swedish users can fully use common…

[ad_1] A contract that gave FTX naming rights to the Miami Heat stadium in Florida has been terminated, according to a court filing on Jan. 11. That document says that Miami-Dade County, which controls naming rights to the stadium, filed a motion to terminate FTX’s naming rights agreement on Nov. 22, 2022. Now, FTX and…