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Nalezeno "Q2 2023": 15545

Crypto Markets Today: Bitcoin Surges Above $22K, Genesis Has Over $5B in Liabilities

20.1.2023
Bitcoin rose 6% to trade at $22,300. Ether was also trading up, by 5% to $1,640. Equities closed up

Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days

20.1.2023
Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remains Largest Operation in Terms of Bitcoin Custody...

Binance Garnered Largest Market Share of Crypto Investors From Emerging Markets in 2022

20.1.2023
A CryptoCompare report found that as inflation surged worldwide, the crypto exchange giant attracted the largest number of retail investors from countries facing high inflation

Stellar Foundation Nicked by Genesis Bankruptcy With $13M Claim

20.1.2023
The Stellar Development Foundation was revealed to be among the bankrupt crypto lending desk’s largest creditors

Former FTX President Launches New Crypto Venture, Raises $5 Million From Leading Investors

20.1.2023
Less than a week ago, Brett Harrison, the former president of FTX US, published a 49-part Twitter thread describing his side of the story when he worked for the disgraced co-founder of FTX, Sam Bankman-Fried (SBF). On Friday, Jan. 20, 2023, Harrison revealed that his new firm, Architect, has raised...

Bitcoin Miner 1Thash Sent Almost All Its BTC to Binance

20.1.2023
On-chain data sourced from CryptoQuant shows that the 5,592 BTC worth some $124 million that was transferred out of the miner’s address in the past three days ended up in Binance

Bitcoin Soars Over $22K to Reach Four-Month High

20.1.2023
Bitcoin rose over 5% and reached its highest level since mid-September. Market watchers will be eyeing the Federal Reserve’s next utterances

Moody’s Further Downgrades Coinbase Junk Bonds, Joining S&P

20.1.2023
The ratings agency cited Coinbase’s weakened revenue and cash flow generation potential due to the ongoing crypto winter as reasons for the move

What's Next for Genesis Creditors? It Depends on What's in the Bankruptcy Filing

20.1.2023
Eric Snyder, partner at Wilk Auslander LLP, says that a substantial amount of haircuts are likely to be made, but that depends on the petition Genesis’ trio of companies filed

SEC Sues Eisenberg for Draining Mango Markets, Alleges MNGO a Security

20.1.2023
It’s the latest case to emerge from Avraham Eisenberg’s “highly profitable trading strategy.”

FTX Debtors’ List of Assets Omits Mention of Large Stash of NFTs and ENS Names Owned by Alameda

20.1.2023
This week, FTX debtors issued a press release and a 20-page document noting that bankruptcy administrators had located $5.5 billion in liquid assets. The document details that investigators discovered fiat currencies, crypto assets, and securities as part of FTX’s and Alameda...

Bad Vibes from the Word 'Crypto' Have Some Calling for a Rebrand

20.1.2023
Money-making associations with cryptocurrencies misrepresent them as just currencies and fail to acknowledge the diverse applications of the technology

Coindesk Up for Sale? Investors Circle Crypto News Publication Amidst Genesis Bankruptcy

20.1.2023
According to various reports, investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication. On Jan. 18, Wang Feng, founder of China-based news publication Marsbit, announced his intentions to purchase Coindesk along with other members of the crypto industry. This...

Sullivan & Cromwell Gets Go-Ahead to Represent FTX in Bankruptcy Proceedings, Despite Controversy

20.1.2023
James Bromley, a partner at Sullivan & Cromwell, said former CEO Sam Bankman-Fried has been stirring the pot by “lashing out” on Twitter

Biggest Movers: SOL Rebounds From Recent Losses, ATOM 5% Higher on Friday

20.1.2023
Cosmos raced higher for a second straight session, after recently snapping a four-day losing streak. Friday’s move saw the token move closer to a key resistance level of $12.50. Solana also moved higher earlier in the day, as price bounced from a key support point. Cosmos (ATOM) Cosmos...