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FTX Estate Stakes $122 Million Worth of Solana: On-Chain Report

16.10.2023
The FTX bankruptcy estate has staked over 5.5 million Solana (SOL) tokens, valued at a substantial $122 million, from one of the exchange’s main Solana blockchain wallets. The action was revealed through on-chain data from blockchain explorer SolanaFM and was first reported by The Block. One...

Wipe Out — Fake SEC Approval Report Erases $71M in Bitcoin Short Positions

16.10.2023
In the wake of fabricated news asserting the U.S. Securities and Exchange Commission (SEC) green-lit Blackrock’s Ishares spot bitcoin exchange-traded fund, short positions worth $78.92 million were cleared out. This sum represented 57% of the overall $136.29 million in short positions erased...

Russian Crypto Exchange Moves Money for Gaza Groups, Report

16.10.2023
Palestinian militant organizations, including a Hamas-linked Islamist group, have been using a Moscow-based crypto exchange to transfer millions, a press report revealed. The U.S.-sanctioned platform, which allows customers to convert Russian cash to crypto and then withdraw fiat abroad, has been...

Tax Report Unveils Hundreds of South Korean Crypto Whales

16.10.2023
Data from a new South Korean tax report has revealed details of hundreds of crypto whales with millions of USD worth of coins on overseas crypto exchanges. New tax rules that came into force this year require crypto holders to declare their holdings on foreign crypto platforms.... Read More:...

US Mulls Tighter Restrictions on AI Chip Shipments to Chinese Firms, Report

14.10.2023
The government in Washington is reportedly considering further limiting China’s access to U.S. processors used in artificial intelligence (AI) applications. The current restrictions, which were introduced last year, allow Chinese companies to source the chips through overseas subsidiaries....

Blockchain Gaming Holds Strong in Q3, Amid Evolving Crypto Landscape

14.10.2023
The blockchain gaming sector maintained its influential position in the third quarter of 2023 despite some decreases in momentum, according to Dappradar’s recent report. Although metrics such as unique active wallets and transactions dropped slightly, the report advises against viewing this...

Bitcoin, Ethereum Technical Analysis: BTC Bulls End a 5-Day Losing Streak

13.10.2023
Bitcoin ended a five-day losing streak on Friday, as the cryptocurrency appears to have found an interim price floor. This comes as traders continued to react to yesterday’s U.S. inflation report, which remained unchanged at 3.7%. Ethereum also edged marginally higher, following its...

River Report: Bitcoin’s Lightning Network Grew by 1,212% in 2 Years

13.10.2023
A recent report published by River, a Bitcoin technology and financial services company, has revealed that the Lightning Network, a scaling layer for Bitcoin, has grown by 1,212% in two years. River’s estimation comes from examining operators of nodes comprising 52% of the public capacity...

Defi Not a Risk to Financial Stability Yet, EU Securities Regulator Reports

13.10.2023
Decentralized finance (defi) brings risks for investors but is yet to pose “meaningful risks” to financial stability, according to Europe’s securities watchdog. The agency believes, however, the phenomenon deserves attention in light of the EU’s new crypto rules as well as growing user base and...

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