Binance CEO refutes report on $250M loan to BAM Management
Chanpeng Zhao, the CEO of Binance, said that the loan was the other way around, claiming that he was the one who lent $250 million to BAM Management. Go to Source
Month: September 2023
Grayscale officially abandons post-Merge PoW Ethereum tokens
One year after the Ethereum Merge, Grayscale has finally taken a decision to abandon all the rights to proof-of-work Ethereum tokens. Go to Source
Bitcoiners are stacking ’em up: Inactive BTC supply hits all-time highs
Inactive Bitcoin addresses have hit all-time highs across 1, 3 and 5 year time domains while BTC outflows from exchanges continue. Go to Source
Stanford to return millions in crypto donations from FTX
The university said it intends to return the “entirety” of funds received from former cryptocurrency exchange FTX, which it claims were mainly for pandemic-related prevention and research. Go to Source
Cross margin and isolated margin in crypto trading, explained
Cross margin uses whole balance, and isolated margin allocates specific collateral for each trade, encouraging diversification. Go to Source
Bitcoin analysis predicts ‘spicy’ BTC price into FOMC as $27K holds
Bitcoin market gurus anticipate BTC price volatility to hit around the latest FOMC interest rates decision and Fed press conference. Go to Source
Brazilian lawmakers seek to add crypto to debtors’ protected assets list
Cryptocurrencies may become a part of the personal savings category, protected from seizures on behalf of creditors. Go to Source
Crypto makes up 70% of South Korean overseas assets: National Tax Service
1,432 individuals and corporations in South Korea have reported holding $98 million in crypto overseas, which is 70% of all reported assets. Go to Source
Bitcoin Ordinals creator proposes to change inscription numbering system
Casey Rodarmor, the creator of Bitcoin Ordinals, clarified that the inscription numbers would only be changed, but not scrapped entirely. Go to Source
Kansas adjourns crypto bill targeting political donations to January 2024
The bill required politicians to “immediately convert” the crypto donations to U.S. dollars — with no scope of expenditures or HODLing the funds. Go to Source
