Category: Uncategorized
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Realized Bitcoin loss from the FTX fallout surpasses LUNA collapse
[ad_1] The collapse of FTX wreaked havoc on the market, wiping out billion from the market cap. Bitcoin took its heaviest hit this year, dropping to a low of $15,500 and struggling to break through the strong resistance at $16,000. Bitcoin’s volatility seems to have shaken the confidence of many investors and pushed them to…
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FTX took $3.7B loss in 2021; Coinbase reveals Grayscale Bitcoin reserves
[ad_1] The biggest news in the cryptoverse for Nov. 21 includes FTX’s call to other exchanges to expect and prevent hacker cash outs, Coinbase disclosing Grayscale’s 635,000 Bitcoin reserve, and Bank of England’s claims that blame the FTX crash on the FTT token run. CryptoSlate Top Stories FTX forewarns exchanges to freeze stolen funds to…
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Grayscale holds 635K BTC as Coinbase Custody reveals holdings
[ad_1] Following recent uncertainty regarding the future of the Grayscale Bitcoin Trust, its custodian partner Coinbase released a report detailing the assets held on behalf of Grayscale Bitcoin Trust. The letter revealed that holdings are segregated from other funds. However, no on-chain addresses were published in the document. “The digital assets underlying each Grayscale product have…
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TRON ousts Solana from top 10 rankings
[ad_1] Over the reporting period, the cryptocurrency market cap saw net outflows of $31.56 billion to $796.6 billion, down 3.8% from $828.16. Bitcoin’s market cap decreased by 4% to $308.8 billion from $322 billion. Ethereum’s market cap fell 8% to $137.1 billion from $149.1 billion. The top 10 cryptocurrencies all sold off over the reporting…
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Asia’s Bitcoin supply records new ATH while US, EU reserves shrink
[ad_1] Asia’s Bitcoin (BTC) supply reached its all-time high (ATH) and currently accounts for 7.3% of all Bitcoin supply, while the U.S. and E.U. Bitcoin reserves are in negative year-over-year supply. Asia Markets The chart below demonstrates the size of Asia’s Bitcoin supply since 2010. Except for brief periods in 2016-2017 and 2020, the region…
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Transfer spoofing evident in FTX Exploiter wallet meme tokens transfers
[ad_1] On Nov. 20, on-chain detective ZachXBT set out a Twitter thread to debunk the three most commonly misunderstood issues surrounding the FTX case. The three areas ZachXBT set out to cover were: Bahamian officials being behind the FTX hack Exchanging knowing the identity of the hacker The FTX hacker trading meme coins. 1/ I…
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FTX Exploiter swaps 50K ETH to BTC swap sparking concern for Ethereum as ETH dips 3%
[ad_1] On Nov. 20, the FTX Exploiter account began to start shifting the stolen funds once again — totaling 50,000 Ethereum (ETH) valued at an estimated $60 million. The FTX hacker is doing things… They sent 25k ETH to another wallet and have been actively selling into RenBTC over the last few hours. They sold…
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FTX forewarns exchanges to freeze stolen funds to prevent hacker cashing out
[ad_1] FTX announced on Nov. 20 that exchanges should remain alert regarding unauthorized fund transfers from FTX Global and related debtors on Nov. 11. The transfers sent out were through intermediate wallets and FTX warned exchanges to take all measures to ensure the unauthorized funds be seized and returned to the bankruptcy estate. (1/2) Exchanges…
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Singapore’s attempt to separate blockchain usage and crypto will not work: Vitalik Buterin
[ad_1] Singapore’s well-meaning attempt at crypto regulation may not work out, given its skeptical approach to the asset class, Ethereum co-founder Vitalik Buterin said in an interview with The Straits Times on Nov. 20. Buterin said he appreciates the city-state’s willingness to be supportive, but it could all be for nothing. “I definitely appreciate the…
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Will aggregator marketplaces become the go-to places to buy NFTs?
[ad_1] Nov. 2022, Vincy Data Source: Footprint Analytics – NFT Aggregators Trends Overview While there are several NFT marketplaces to choose from when buying your digital assets, it is inefficient to constantly switch between them when trading. Another problem in the fragmented market is having to pay gas fees more than once when buying from…