Category: Latest news
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Donald Trump NFTs under fire for internal minting, design plagiarism
[ad_1] The Donald Trump-branded NFT trading card project has come under fire after it was revealed that the project minted 1000 NFTs internally — 68 of which were considered the rarest in the collection. The rare NFTs included 47 of 179 1/1 ‘s and 21 of 70 autographed NFTs. Super Rare NFTs minted internally On-chain…
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Boris Johnson’s brother steps down as advisor for Binance’s UK unit
[ad_1] Former British Prime Minister Boris Johnson’s brother Jo Johnson has stepped down from his role as advisor on the board of directors of Binance’s U.K. unit Bfinity, The Telegraph reported Dec. 19. Johnson took on the advisor role earlier in September and was working with the exchange to secure regulatory approval in the U.K.…
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BNB Chain launches Liquidity Bootstrapping Pools in partnership with Fjord, Balancer
[ad_1] BNB Chain has partnered with Fjord and Balancer to launch Liquidity Bootstrapping Pools (LBPs) on its mainnet, according to a Dec. 19 statement. The move will allow new projects to generate liquidity and give everyday users the chance to invest in innovative ideas and discover new communities. Initially, the LBPs will support ERC-20 tokens,…
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BUSD balance on exchanges down $6B over 30 days
[ad_1] Around $6 billion worth of Binance USD (BUSD) was withdrawn from exchanges in the past 30 days, according to CryptoSlate’s analysis of Glassnode data. BUSD exchange balance The orange line in the chart below represents the BUSD balance on all crypto exchanges included in Glassnode. The chart starts from the beginning of the year and…
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Grayscale may offer to buyback GBTC if ETF conversion fails – WSJ
[ad_1] Grayscale Investment CEO Michael Sonnenshein has informed GBTC shareholders that the firm could offer to buy back up to 20% of the outstanding shares worth approximately $10.7 billion, The Wall Stree Journal reported Dec. 19. In the wake of recent market contagion, speculation has spread about the insolvency of Grayscale and its affiliated companies,…
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Binance.US to acquire bankrupt Voyager’s assets for $1.02B
[ad_1] Binance.US will buy assets of bankrupt crypto lender Voyager Digitals for $1.022 billion, according to a Dec. 19 press release. According to the press statement, Voyager said Binance.US’ bid for its assets was the highest and the best offer. The firm added that the bid “sets a clear path forward for Voyager customer funds…
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OKX and Gate.io resume withdrawals following cloud provider issues
[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 · 2 days ago [ad_2] Source link
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Snowden wants Twitter CEO position for compensation in Bitcoin
[ad_1] Edward Snowden offered to take the Twitter CEO position for payment in Bitcoin. On Dec 18, Elon Musk polled Twitter asking if he should step down as Twitter CEO. With an hour left before closing at press time, 57.4% have voted yes, with the remaining 42.6% saying he should stay on. The poll has…
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Nigeria set to recognize crypto as an investment class
[ad_1] Nigeria lawmaker Babangida Ibrahim said that the country is set to recognize cryptocurrencies as an investment class in its proposed investments and securities amendment bill, local Punch news reports. The amendment bill passed the second hearing will allow the Nigerian Securities and Exchange Commission (SEC) to recognize cryptocurrency as capital for investment. About a…
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Record-breaking Bitcoin whale selloff, 280k BTC offloaded in 30 days
[ad_1] Whales, the largest holders of Bitcoin (BTC), have been selling the most BTC ever recorded on a 30-day basis. Over the last 30 days, these whales have offloaded a total of 280,000 BTC, according to Glassnode on-chain data. It is estimated that whales currently hold around 9 million BTC, representing a significant portion of…