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Binance’s Bitcoin Reserve Stash Nears 600,000, Company’s BTC Cache Is Now the Largest Held by an Exchange
20.11.2022
While there’s been a lot of discussions concerning proof-of-reserves, self-custody, and the more than $5 billion in bitcoin and ethereum that left exchanges between Nov. 7 through Nov. 14, 2022, Binance’s bitcoin stash has grown significantly since Nov. 12. In fact, metrics from...
XRP Price Prediction as $700 Million Trading Volume Turns XRP Green – $1 Next?
20.11.2022
XRP price prediction remains slightly bullish above the $0.3650 support zone, as XRP's trading volume has sliced through $700 million and now stands at $865 million.
The CEO of Ripple Labs, Brad Garlinghouse, believes that the crypto sector will emerge stronger after the FTX catastrophe...
$333 Million in Bitcoin Vanished from FTX Days Before the Company Filed for Bankruptcy Protection
20.11.2022
While it’s widely reported that hundreds of millions of dollars in Ethereum-based tokens were siphoned from the FTX wallet after the company filed for bankruptcy on Nov. 11, 2022, another $333 million worth of FTX-related bitcoins somehow vanished as well. At one point, FTX held $3.3 billion...
South Korea Freezes $104 Million in Assets Belonging to Terra Co-Founder
20.11.2022
South Korea’s prosecutors have reportedly obtained a court order to freeze assets worth about $104 million belonging to Terraform Labs co-founder Daniel Shin. The authorities allege that he unfairly profited from selling cryptocurrency LUNA at high prices before the token crashed. Shin...
South Korean Authorities Seize $100 Million From Terra Luna Co-Founder
19.11.2022
South Korean officials have confiscated over $100 million worth of funds belonging to Terraform Labs co-founder Shin Hyun-Seong (Daniel Shin).
According to a Thursday report by South Korean local publication YTN, a South Korean court authorized the confiscation of 140 billion won ($104 million)...
Report: 950 FTX Users in Taiwan Had Digital Funds Worth $150 Million Held on the Exchange When It Collapsed
19.11.2022
At the time of FTX’s collapse, about 950 users in Taiwan had a total of $150 million worth of digital assets stored or held at the crypto exchange, a law firm has reportedly said. FTX users in Taiwan were reportedly investing in interest-bearing digital assets using cheap funds borrowed from...
FTX Execs Gave $70 Million to Both Democrats and Republicans Heading Into the 2022 US Midterms
18.11.2022
After the collapse of FTX, a number of journalists reported on the fact that FTX executives deployed significant donations to political leaders in the United States. During the most recent election cycle leading up to the U.S. midterms in 2022, reports claim that Sam Bankman-Fried donated more than...
Singapore State Fund Temasek Writes Down $275 Million Investment in FTX – Here’s What Happened
18.11.2022
As the recent collapse of major exchange FTX continues to ravage the crypto markets across the world, Singapore’s state-run fund Temasek has decided to write down the $275 million investment made into the failed crypto exchange....
Read More: Singapore State Fund Temasek Writes Down $275 Million...
Pension Giant Ontario Teachers' Plans to Write Off All $95 Million Invested in Crypto Exchange FTX
18.11.2022
FTX investment represented less than 0.05% of Ontario Teachers' total net assets
MEXC Global now exceeds 10 million users; the meaning behind the upgrade color to “Ocean Blue”
18.11.2022
As of September 2022, MEXC has reached a respectable milestone of 10 million users! To celebrate this unique achievement, starting November 18, 2022, MEXC will introduce a major brand color change to its global user base to spread awareness of what it stands for. After surveying customers directly...
MEXC Global Now Exceeds 10 Million Users; The Meaning Behind the Upgrade Color to ‘Ocean Blue’
18.11.2022
PRESS RELEASE. As of September 2022, MEXC has finally reached a respectable milestone of 10 million users! To celebrate this unique achievement, starting November 18th of this year, MEXC will introduce a major brand color change to its global userbase to spread awareness for which it stands for....
Singapore Government’s Temasek Writes Down $275M Investment in Collapsed Crypto Exchange FTX
18.11.2022
Singapore government’s Temasek has written down the full value of its $275 million investment in the bankrupt crypto exchange FTX. “Our belief in the actions, judgment, and leadership of Sam Bankman-Fried … would appear to have been misplaced,” Temasek admitted. Temasek’s...
Justin Bieber's '$1.29 Million' NFT Is Now 'Worth' $69k
18.11.2022
At the height of the ‘Bored Ape’ craze earlier this year—I am embarrassed for the species that my kids are ever going to have to learn about this—pop star Justin Bieber paid a ridiculous $1.29 million for a receipt that said he owned a jpg of an ugly cartoon ape.Read more
This Green Token Has Raised Nearly $13 Million For Its Carbon-Credit Marketplace-On-The-Blockchain Platform – Time to Buy?
17.11.2022
Over the course of the last few weeks, the crypto market has taken a serious tumble thanks to the collapse of FTX. The contagion has been spreading out into the wider ecosystem and many other companies have already bankrupted themselves. However, there are some presales that have been doing...
Heroic Story secures $6 million to build Web3 tabletop RPG world
17.11.2022
The seed round was led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology
6,522 ‘Sleeping Bitcoins’ Worth $107 Million Wake Up After 5 Years of Inactivity
17.11.2022
On Nov. 16, 2022, at Bitcoin block height 763,474, someone transferred 6,522 bitcoin worth roughly $107 million after the coins sat idle for more than five years. While bitcoin’s value is 75% lower than it was a year ago, so-called sleeping bitcoins have been waking up amid the recent crypto...
Cardano Price Prediction as $300 Million Trading Volume Comes In – ADA to $3 Soon?
17.11.2022
Cardano price prediction is bearish until it breaks out of a descending triangle pattern that provides resistance at $0.3445. Cardano's price has slipped by more than 4% in the last seven days.
On the lower side, Cardano is likely to gain immediate support near $0.4160 or $0.2915. Can we expect...
Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg
16.11.2022
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held. According to the report, LFG claims to have spent...
Elliptic Analysis Says $477 Million Stolen From FTX, ‘Accounts Drainer’ Becomes 35th Largest ETH Holder
15.11.2022
Three days ago, on Nov. 11, 2022, it was reported that FTX’s wallets saw unusual activities and FTX Telegram channel admins stressed that FTX was “hacked.” The same day, the new FTX CEO John Ray confirmed there were “unauthorized transactions.” A report by...
Xbox Automatically Banned 4 Million Accounts For Cheating Or Botting In 2022
15.11.2022
Microsoft recently published an Xbox transparency report that offers some details on how it moderated its online services during the first six months of 2022. According to the publisher’s report, most enforcements were “proactive,” which means that Xbox issued a ban (in most cases) before anyone...