Binance CEO Changpeng Zhao was undeterred after $1.4 billion worth of assets were withdrawn in a day. Despite uncertainties, the CEO believes it’s a good idea to “stress test withdrawals” on each centralized exchange on a rotating basis. We saw some withdrawals today (net $1.14b ish). We have seen this before. Some days we have …
Continue reading “Binance CEO unfazed by $1.4B in withdrawals from exchange in one day”
FTX’s legal team claimed that the Bahamas authority worked closely with SBF to mint FTX tokens worth millions of dollars, which were transferred to the government on Nov. 12. 1 min read Updated: December 13, 2022 at 4:16 pm Cover art/illustration via CryptoSlate Lawyers representing FTX in the bankruptcy process alleged that the government of …
Continue reading “SBF allegedly worked with Bahamas government to mint millions of FTX tokens”
SBF planned testimony released in light of arrest in Bahamas prior to U.S. House of Representatives testimony. 2 min read Updated: December 13, 2022 at 4:09 pm Cover art/illustration via CryptoSlate Former FTX CEO Sam Bankman-Fried (SBF) claims in his planned testimony before the U.S. House of Representatives Committee on Financial Services that he was …
Avalanche rose to a one-week high on Tuesday, as markets reacted to the latest inflation report in the United States. Consumer prices rose to 7.1% in November, which was lower than the 7.3% markets had expected. The figure was also 0.6% lower than October’s reading of 7.7%. Litecoin also rebounded on the data, rising by …
According to a statement published on Dec. 13, 2022, the U.S. Securities and Exchange Commission (SEC) has charged the disgraced FTX co-founder Sam Bankman-Fried (SBF) with defrauding investors. SEC chairman Gary Gensler explained that the U.S. financial regulator alleges that SBF “built a house of cards on a foundation of deception.” U.S. SEC Contends Former …
Continue reading “US Securities Watchdog Charges Sam Bankman-Fried With Fraud Over FTX Collapse”
Bitcoin surged to a one-month high on Dec. 13, ahead of the latest inflation report from the United States. It is expected that consumer prices will fall to 7.3% in November, which would be a drop of 0.4% from the month prior. Ethereum was also higher in today’s session, as prices neared the $1,300 mark. …
The Suzhou branch of the Chinese insurance company China Pacific Insurance, together with the Bank of Communications, recently announced the launch of a digital currency account insurance product. The launch comes at a time when the number of personal digital currency wallets created in the Chinese city of Suzhou alone now exceeds 30 million. Insurance …
Continue reading “Report: Chinese Company Launches Digital Currency Insurance Product”
press release PRESS RELEASE. Panther, a cross-chain application that will allow retail users as well as institutions to access DeFi privately and compliantly, has launched its v0.5. This was achieved by the protocol’s community in conjunction with Panther Ventures Limited, a Web3 development company destined to develop the blockchain technology and zero-knowledge components of Panther. …
After the FTX exchange collapsed it has a huge impact on the cryptocurrency market and FTT coins priced dropped by more than 80%, will FTT […] Go to Source
Prominent crypto capitalist Arthur Hayes is unveiling a massively bullish catalyst for Bitcoin (BTC) that would allow the king crypto to outperform the equities markets in 2023. In a new interview with crypto strategist Scott Melker, the billionaire says he expects the Federal Reserve to finally loosen its monetary policies next year due to a …
The United States Commodity Futures Trading Commission, or CFTC, has filed a lawsuit against Sam Bankman-Fried, FTX and Alameda Research, claiming violations of the Commodity Exchange Act and demanding a jury trial. According to court records filed Dec. 13 in the Southern District of New York, the CFTC filed a complaint for injunctive and other …
Continue reading “CFTC files lawsuit against Sam Bankman-Fried, FTX, and Alameda for fraud”
Since Cointelegraph Markets Pro launched — bringing professional crypto market intelligence to every investor — the platform has helped thousands of subscribers to better understand the opportunities and threats inherent in the world of crypto investing and trading. In this brief, we want to draw attention to some highlights since the platform’s launch, including a …
“In a massive solar storm, which would be hugely damaging to a modern economy’s infrastructure, the blockchain parts might well be the only parts that survive.” — Jason Potts What was the Carrington Event? In a November 1859 meeting of the Royal Astronomical Society, British astronomer Richard Christopher Carrington reported to the esteemed scientific body …
Continue reading “Can Bitcoin survive a Carrington Event knocking out the grid?”
Bitcoin (BTC) hit new one-month highs on Dec. 13 as United States inflation data sent a surge of optimism through markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price rebounds aU.S. inflation slows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $18,105 on Bitstamp after the Consumer Price Index (CPI) print for …
Continue reading “Bitcoin sees CPI volatility as lower inflation sends BTC price to $18K”
BNB loses 4.86% after Reuters report on possible money laundering charges. STX is the largest gainer with 12%. TRX lower with stablecoin issues. BNB The BNB native token of the Binance cryptocurrency exchange has been hurt this week by possible prosecution against its executives. The Reuters news agency published the initial story that cited sources …
Continue reading “Binance Coin Hurt by Possible Prosecution of its CEO, BTC, STX, TRX, Dec. 12”
