Bybit releases reserve wallet addresses amid calls for transparency
The wallets seem to indicate that over $1billion worth of BTC, USDT, ETH, and USDC are held by the exchange. Go to Source Powered by WPeMatico
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Breaking: Crypto lender Genesis Global halts withdrawals
The troubled firm is also acting as the liquidity provider of Grayscale Bitcoin Investment Trust. Go to Source Powered by WPeMatico
FTX crisis could extend crypto winter to the end of 2023: Report
The crypto market might see “second-order effects” from counterparties that may have lent or interacted with either FTX or Alameda. Go to Source Powered by WPeMatico
Tim Draper still positive on $250K Bitcoin price prediction in 2023
The collapse of FTX crypto exchange has nothing to do with the success of Bitcoin because BTC is decentralized, and FTX was not, Tim Draper said. Go to Source Powered by WPeMatico
Ukraine’s Deputy Digital Minister Rejects ‘FTX-Democrats Narrative’
Claims that Ukraine has invested military aid into the bankrupt crypto exchange FTX have been rebutted by a representative of the Ukrainian government. Speculation circulated on social media suggested such funds have been returning to the U.S. via FTX donations for the Democratic Party. Kyiv Official Describes as Nonsense Allegation That Ukrainian Investment in FTX … Read more
Hive Blockchain revenue declines by 44% Y/Y despite overall mining production surge
The company mined 31% more Bitcoin than in the same quarter last year. Go to Source Powered by WPeMatico
Gold Bug Peter Schiff Insists This Is ‘Not a Crypto Winter,’ Economist Says It’s More Like ‘Crypto Extinction’
Since bitcoin started falling from its all-time high last year, the economist and gold bug, Peter Schiff, made sure everyone knows that he wholeheartedly believes the leading crypto asset will fall to zero. Now that FTX has collapsed, Schiff has doubled down on his belief and he’s wasted no opportunities to dunk on bitcoin throughout … Read more
FTX-owned crypto exchange Liquid halts all withdrawals
Sam Bankman-Fried’s FTX exchange acquired the Japanese crypto trading platform Liquid Group and its subsidiaries in February 2022. Go to Source Powered by WPeMatico
FTX bankruptcy filing speculates over 1 million creditors
In the latest bankruptcy filing for the exchange, it was revealed that there may be one million creditors, rather than the 100,000 initially estimated. Go to Source Powered by WPeMatico
FTX hacker still draining exchange wallets? Analyst calls it on-chain spoofing
The FTX hacker managed to steal $477 million out of the $650 million moved on-chain on Nov.11 and currently holds $62 million in total assets. Go to Source Powered by WPeMatico