A former top crypto regulator in the United States Securities and Exchange Commission (SEC) will represent Caroline Ellison, ex-Alameda Research CEO, in an ongoing federal probe, according to a report from Bloomberg on Dec. 10. Caroline will be represented by Stephanie Avakian and a team of attorneys from WilmerHale. Avakain is currently chair of the …
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Arbitrum-based lending protocol Lodestar Finance was exploited in a flash loan attack on Dec. 10. According to Lodestar, the attacker manipulated the price of the plvGLP token before borrowing all platform liquidity using the inflated token. In a Twitter thread, Lodestar explained the attack flow. The attacker first manipulated the exchange rate of the plvGLP …
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The Bitcoin price prediction shows BTC trading with a gain of 0.14% within 24 hours as it trades around the $17,000 level. Bitcoin Prediction Statistics […] Go to Source
The crypto winter was hard on many cryptocurrencies, and Axie Infinity (AXS) was not spared. The Axie Infinity price token dropped by 90% from the […] Go to Source
The Fetch.AI price prediction shows that FET is breaking above the $0.10 barrier as eyes are glued on $0.15. Fetch.AI Prediction Statistics Data: Fetch.AI price […] Go to Source
Changpeng Zhao (CZ), the CEO of Binance, has addressed concerns surrounding the investigation into “abnormal price movements” for some trading pairs on the exchange. Based on our investigations so far, this appears to be just market behavior. One guy deposited funds and started buying. (Hackers don’t deposit). Other guys followed. Can’t see linkage between the …
Bitcoin privacy apps and lightning nodes have been struggling with DDOS issues for most of this year, as TOR, the network used by many of these applications, has been under attack. In response, the team behind the MercuryWallet application decided to make their wallet work with both TOR and I2P, a decentralized network that provides …
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CryptoSlate’s analysis of Glassnode charts showed that Bitcoin’s (BTC) realized losses in 2022 were almost twice the size of realized profit. Bitcoin realized losses top $195 billion According to the chart, Bitcoin had a realized loss of $195 billion in 2022. This means that several holders sold their BTCs for less than they bought them. Most …
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Amid the ongoing FTX bankruptcy proceedings, court documents indicate that media firms such as Bloomberg, the New York Times (NYT), Dow Jones & Company, and the Financial Times (FT) want the redacted information tied to FTX creditors unsealed. The media companies believe the public should be made aware of the creditors’ information, as the publications …
It’s been another wild week in crypto, with a claimed FTX insider revealing a controversial document related to former Alameda Research CEO Caroline Ellison’s account at FTX. In related news, Elon Musk has been criticized for suggesting that former FTX CEO Sam Bankman-Fried (SBF) probably donated much more than publicly admitted to Democrats. Morgan Creek …
The cost of carbon emission is an ever-present threat to the world, making eco-friendly projects the much-needed difference maker. Accordingly, many projects have attempted to […] Go to Source
A group of the world’s biggest media corporations is making a move to reveal the identities of those who lost money in the collapse of crypto exchange FTX. According to documents provided by Kroll, FTX’s restructuring firm, Bloomberg, The New York Times, The Financial Times and The Dow Jones Company have filed a motion to …
Bitcoin (BTC) is too “decentralized and transparent” for former FTX CEO Sam Bankman-Fried, says Cathie Wood. In a tweet on Dec. 10, Wood, who is CEO of investment giant ARK Invest, delivered a fresh damning appraisal of the FTX saga. Wood: SBF “couldn’t control” Bitcoin As the legal ramifications of FTX and Bankman-Fried, also known …
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Bitcoin (BTC) is likely ready to outshine gold, according to Bloomberg’s lead commodity strategist Mike McGlone. The popular analyst says that the flagship cryptocurrency is currently four times more volatile than the yellow metal, which is minuscule compared to where it was in 2018. According to McGlone, Bitcoin is a “top contender” to gold and …
A leading analytics firm says that a trio of altcoins including Polkadot (DOT) is flashing a bullish signal as traders turn extremely bearish on crypto. Santiment reveals that traders are betting heavily on the sustained plummet of interoperability protocol Polkadot, payments network Stellar (XLM) and privacy-focused altcoin Monero (XMR). “As the weekend has kicked off, …
