Former FTX CEO Sam Bankman-Fried, who is currently in the custody of authorities in the Bahamas, is reportedly opting to be extradited to the US. According to a new report from Reuters, the disgraced former crypto mogul will appear in a Bahamian court today to formally consent to his extradition. The decision comes a few …
Yearly archives: 2022
Looking Glass Labs Forms Strategic Development Partnership With Cavrnus To Deliver Clear Metaverse Innovation and Commercialization Strategy
December 19, 2022 – Vancouver, British Columbia Looking Glass Labs forms strategic development partnership with Cavrnus to deliver clear metaverse innovation and commercialization strategy. Brands and creators will have access to powerful user-friendly metaverse builder and deployment tools to create unique experiences using state-of-the-art technology that brings the partnership, the community and brand applications to …
Sam Bankman-Fried wants to see indictment before extradition to US: Report
Former FTX CEO Sam Bankman-Fried, who is currently facing multiple charges related to wire fraud and securities fraud, reportedly said he wanted to see the indictment against him before agreeing to be extradited to the United States. Appearing in an emergency hearing of the Bahamas Magistrate Court on Dec. 19 for the first time since …
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BTC price faces 20% drop in weeks if Bitcoin avoids key level — Analyst
Bitcoin (BTC) stayed rigid below $17,000 at the Dec. 19 Wall Street open as skeptical traders feared more downside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC traders call time on upside potential Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering around the $16,700 mark, practically unmoved over the weekend. The pair saw …
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Ethereum Struggles with Broader Bearish Market, BNB, XDC, USDD, Dec. 19
ETH loses 5.5% as rate hikes hurt crypto. BNB pressured due to auditor retreat. XDC is a rare gainer this week. USDD inches back to peg. ETH Ethereum was 5.5% weaker as the cryptocurrency market struggled with another round of interest rate hikes. The European Central Bank and Bank of England followed the U.S. Federal …
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Why Do People Trade on the Forex Market Vs Crypto?
There are several reasons why so many people are interested in Forex trading. Let’s have a look at some of the key reasons its so attractive. The Forex markets are the most traded—by dollar value of trading volume—and liquid financial markets globally. This makes them attractive to people looking to take advantage of the large …
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BNB Chain launches Liquidity Bootstrapping Pools in partnership with Fjord, Balancer
Bitcoin deep dive: 15M BTC in self-custody as Binance withdrawals peak, derivatives switch to ‘risk-off’ A weekly recap of key Bitcoin metrics affecting its price performance in the market, published every weekend. James Van Straten · 2 days ago Go to Source
Grayscale may offer to buyback GBTC if ETF conversion fails – WSJ
Bitcoin deep dive: 15M BTC in self-custody as Binance withdrawals peak, derivatives switch to ‘risk-off’ A weekly recap of key Bitcoin metrics affecting its price performance in the market, published every weekend. James Van Straten · 2 days ago Go to Source
BUSD balance on exchanges down $6B over 30 days
Current BUSD balance held by exchanges retreated back to $15 billion. 2 min read Updated: December 19, 2022 at 2:35 pm Cover art/illustration via CryptoSlate Around $6 billion worth of Binance USD (BUSD) was withdrawn from exchanges in the past 30 days, according to CryptoSlate’s analysis of Glassnode data. BUSD exchange balance The orange line in …
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Binance.US to acquire bankrupt Voyager’s assets for $1.02B
Bitcoin deep dive: 15M BTC in self-custody as Binance withdrawals peak, derivatives switch to ‘risk-off’ A weekly recap of key Bitcoin metrics affecting its price performance in the market, published every weekend. James Van Straten · 2 days ago Go to Source
CryptoSlate Daily wMarket Update: Shiba Inu re-enters top 10, ousting Litecoin
Since the last wMarket report, the cryptocurrency market cap saw net outflows of $20.07 billion and currently stands at $808.07 billion — down 2.4%. Meanwhile, over the weekend, Bitcoin and Ethereum’s market cap fell 1.7% and 2.4% to $322.17 billion and $144.92 billion, respectively. The top 10 cryptocurrencies posted a mixed performance over the last …
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OKX and Gate.io resume withdrawals following cloud provider issues
Bitcoin deep dive: 15M BTC in self-custody as Binance withdrawals peak, derivatives switch to ‘risk-off’ A weekly recap of key Bitcoin metrics affecting its price performance in the market, published every weekend. James Van Straten · 2 days ago Go to Source
Binance US Plans to Acquire Voyager Digital’s Assets for $1 Billion in Bankruptcy Bid
According to a Binance blog post, Binance US has entered an agreement with Voyager Digital Ltd., in order to acquire its assets. The announcement details that the acquisition “sets a clear path forward for Voyager customers’ funds to be unlocked as soon as possible.” Binance Reveals U.S. Subsidiary to Purchase Voyager Digital’s Assets for $1B, …
Biggest Movers: SHIB, XMR Extend Recent Gains on Monday
Shiba inu rose for a third consecutive session on Monday, as the meme coin continued to move away from last week’s lows. Today’s surge comes as the global cryptocurrency market cap was largely unchanged, and is down 0.01% as of writing. Monero was another notable mover to start the week, as it too rose in …
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Basel Committee Finalizes Rules for Bank Exposure to Cryptocurrency Assets
The Basel Committee, the organization in charge of setting global bank standards, has finalized its new rules related to banks and cryptocurrency exposure. The document establishes two different crypto asset classes, including tokenized real assets and stablecoins in one, and other cryptocurrencies in another, discriminating on the collateral and quantity that banks might hold for …
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