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3232Crypto Trading Platforms Deal With Massive Withdrawal Requests — Over $5 Billion in BTC, ETH Removed From Exchanges
https://www.digit.info/crypto-trading-platforms-deal-with-massive-withdrawal-requests-over-5-billion-in-btc-eth-removed-from-exchanges/
Mon, 14 Nov 2022 15:30:01 +0000https://www.digit.info/2022/11/14/crypto-trading-platforms-deal-with-massive-withdrawal-requests-over-5-billion-in-btc-eth-removed-from-exchanges/Read more]]>During the last week, the crypto community has been dealing with the demise of FTX and its affiliated crypto businesses, and ever since then, the proof-of-reserves topic has found its way to the forefront of conversations. Another silver lining to the fiasco is the fact that cryptocurrency enthusiasts have removed large quantities of bitcoin and […]
]]>Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum
https://www.digit.info/risk-of-significant-drawdowns-pushes-cypherpunk-holdings-to-sell-entire-stash-of-bitcoin-and-ethereum/
Thu, 30 Jun 2022 08:50:23 +0000https://www.digit.info/2022/06/30/risk-of-significant-drawdowns-pushes-cypherpunk-holdings-to-sell-entire-stash-of-bitcoin-and-ethereum/Read more]]>On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The company has transitioned its treasury to cash after selling 214.72 bitcoin and 205.82 ethereum as Cypherpunk Holdings continues “to see systemic risks propagating” across the […]
During the last week, the crypto community has been dealing with the demise of FTX and its affiliated crypto businesses, and ever since then, the proof-of-reserves topic has found its way to the forefront of conversations. Another silver lining to the fiasco is the fact that cryptocurrency enthusiasts have removed large quantities of bitcoin and […]
On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The company has transitioned its treasury to cash after selling 214.72 bitcoin and 205.82 ethereum as Cypherpunk Holdings continues “to see systemic risks propagating” across the […]