Category: Latest news
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Coinbase CEO Brian Armstrong calls for regulation of crypto industry
[ad_1] Coinbase CEO Brian Armstrong published a Dec. 20 blueprint on regulating centralized actors in the crypto space while protecting decentralized innovations. Armstrong opined that regulating centralized entities like exchanges, stablecoin issuers, and crypto custodians would be the best thing for the industry. He said: “This is where we’ve seen the most risk of consumer…
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BlockFi one step closer to opening withdrawals
[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 · 3 days ago [ad_2] Source link
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Top 50 FTX creditors only account for $114M of unsecured claims out of billions lost
[ad_1] Tthe largest unsecured claim in the FTX bankruptcy case amounts to $36.2 million and none of the top 50 creditors are considered “insiders.” The total sum allegedly owed to the top 50 creditors is roughly $114 million. Given the billions of dollars of customer funds allegedly traded between FTX and Alameda, it is unclear…
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SBF extradition pending, Binance.US to acquire Voyager’s assets: CryptoSlate Wrapped Daily
[ad_1] The biggest news in the cryptoverse for Dec. 15 includes SBF being sent back to jail and not extradited following his latest hearing, Binance.US planning to acquire the assets of bankrupt crypto lender Voyager, and more in this CryptoSlate Wrapped Daily. CryptoSlate Top Stories Crypto influencer Ben Bitboy Armstrong claimed that SBF was sent…
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Ethereum token issuance continues inflationary, deflationary swing
[ad_1] After years in the making, the Merge was finalized on Sept. 15, switching Ethereum from Proof-of-Work (PoW) to Proof-of-Stake (PoS). The roll-out enacted several benefits, including cutting the chain’s energy consumption by a reported 99% and setting the groundwork for sharding to improve scaling in a future hard fork. The Merge also picked up…
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Binance completes acquisition of Tokocrypto exchange, TKO token surges 10%
[ad_1] Leading crypto exchange Binance is set to fully acquire Indonesian-based Tokocrypto, following a 100% share ownership in the exchange. As early as 2020, Binance invested in Tokocrypto and owned about a 60% stake in the exchange. As per Coindesk Indonesia, Binance will gradually increase its stakes to about 100%. Binance CEO Changpeng Zhao confirmed…
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Failed crypto exchange QuadrigaCX wallets move funds for first time in three years
[ad_1] Several Bitcoin wallets associated with the defunct Canadian crypto exchange QuadrigaCX have transferred funds after three years of dormancy. Self-described crypto sleuth ZachXBT reported the movement of funds today. The addresses in question moved funds on Friday, Dec. 16, and Saturday, Dec. 17. ZachXBT estimated that 104 BTC ($1.7 million) had been moved. Of…
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Visa proposes Ethereum auto-payment scheme
[ad_1] Visa has proposed a blockchain account design that could allow Ethereum users to arrange auto-payments from a self-custodied wallet. The payments giant described its approach in a blog post on Monday, Dec. 19. That post summarized an earlier research paper that was published in August. Visa proposes using Account Abstraction, an Ethereum feature that…
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Exploring Regulatory Proposals, Bank Adoption, and Decentralized Social Media on Bitcoin – BitTalk #2
[ad_1] In the second episode of the podcast BitTalk, the hosts discuss several recent developments in the world of Bitcoin. They begin by discussing a proposal from Elizabeth Warren that would require individuals and companies working with Bitcoin to obtain a license from the government. The hosts express concern about this proposal, stating that it…
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SBF reportedly dropped fight against extradition but sent back to jail after latest hearing
[ad_1] Crypto influencer Ben Bitboy Armstrong claimed that SBF was sent back to the Bahamas jail after his latest court hearing, putting an end to extradition rumors. Sam back to jail in the Bahamas. Wait until you find out why. pic.twitter.com/5KoiuolDJY — Ben Armstrong (@Bitboy_Crypto) December 19, 2022 Media reports earlier in the day claimed…