New research indicates being listed on the top crypto exchange by trading volume Binance causes crypto assets to briefly rally by 41% on average. A new study from the crypto researcher Ren & Heinrich analyzed 26 tokens that were listed on Binance in the past 18 months. The study indicates that a 41% average price …
Continue reading “Binance Listings Cause Crypto Assets To Spike an Average of 41%: New Research”
The Seychelles-based crypto exchange giant Huobi is reportedly planning to lay off 20% of its staff as the ongoing bear market continues to thrash companies across the industry. Reuters reports that Huobi says “a very lean team will be maintained going forward” amid the crypto winter. Tron (TRX) founder Justin Sun, a member of the …
Top Stories This Week Sam Bankman-Fried enters not guilty plea for all counts in federal court Former FTX CEO Sam Bankman-Fried (has pleaded not guilty to all charges related to the collapse of the crypto exchange, including wire fraud and securities fraud. He faces eight criminal counts, which could result in 115 years in prison …
United States prosecutors are investigating hedge funds’ relationships with cryptocurrency exchange Binance for money-laundering violations. According to anonymous sources cited by the Washington Post, the U.S. attorney’s office for the Western District of Washington in Seattle subpoenaed investment firms to provide records of communications with Binance in the past months. The allegedly subpoenas do not …
Continue reading “Hedge funds subpoenaed by U.S. prosecutors as Binance probe unfolds: Report”
The Bitcoin price prediction shows that BTC may face down but consolidation is likely to continue around between $16,500 and $17,000. Bitcoin Prediction Statistics Data: […] Go to Source
Disgraced FTX founder Sam Bankman-Fried is fighting with FTX debtors over hundreds of millions of dollars worth of seized Robinhood shares. Court documents reveal that Bankman-Fried’s legal team says the shares are needed to fund the ex-billionaire’s defense while FTX debtors, such as crypto lender BlockFi, have filed a motion staking a claim to them …
FTX’s new management is seeking to recover millions of dollars in donations made by the crypto exchange and its former CEO Sam Bankman-Fried, reports the Wall Street Journal. At the end of September, FTX’s charity arm, Future Fund, had committed more than $160 million to over 110 nonprofit organizations, including biotech startups and university researchers …
Continue reading “Sam Bankman-Fried’s charitable donations sought by FTX: Report”
Trading in the cryptocurrency market is nothing like the traditional market. Things can seem complicated because you’ll see many differences. It would help if you were very careful when you are a newcomer to the cryptocurrency market because it holds a lot of complications for you. If you do not treat the right way, you …
Continue reading “What Are the Ideal Methods for Trading in Bitcoins?”
CryptoSlate’s Akiba interviews Lachlan from Laybrys to discuss the ethical implications and potential consequences of censorship on the Ethereum network, including the role of Validators, OFAC sanctions, and the decentralized nature of Ethereum. 59 min watch Updated: January 7, 2023 at 12:42 pm [embedded content] In this episode of the SlateCast, CryptoSlate’s Akiba spoke to …
Out of all the crypto derivative products, perpetual futures have emerged as a preferred instrument for market speculation. Bitcoin traders use the instrument en masse for risk hedging and capturing funding rate premiums. Perpetual futures, or perpetual swaps as they’re sometimes referred to, are futures contracts with no expiration date. Those holding perpetual contracts are …
Continue reading “Bitcoin’s annualized 3-month futures basis show a calm before the storm”
The attacker used the investor’s facial ID to unlock his wallet and transferred the funds to his own address. 1 min read Updated: January 7, 2023 at 12:17 pm Cover art/illustration via CryptoSlate An attacker used a crypto investor’s facial ID to unlock his wallet by force and transferred $4.1 million to his own address …
Continue reading “Chinese criminal steals $4.1M in crypto from victim’s car”
Barry Silbert’s crypto empire the Digital Currency Group said it has “always conducted its businesses lawfully.” 2 min read Updated: January 7, 2023 at 5:21 pm Cover art/illustration via CryptoSlate The U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have opened investigations into Barry Silbert’s Digital Currency Group (DCG) to examine …
Continue reading “Silbert’s DCG is being investigated by DOJ, SEC over internal transactions”
Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal prosecutors from New York are scrutinizing transfers between Digital Currency Group and its subsidiary, Genesis Global Capital. Report Claims Digital Currency Group, Genesis Global Capital Allegedly …
During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709. The network recorded a milestone of around 361.20 exahash per second (EH/s) on Friday, jumping more than 4% higher than the previous record of 347.16 EH/s recorded on Nov. 12, 2022. Network’s …
Ethereum classic was one of the biggest movers to start the weekend, as prices surged to a six-week high. The move saw the token climb by as much as 12%, breaking out of a key resistance level in the process. Polygon also moved higher, as it raced towards a recent price ceiling. Ethereum Classic (ETC) …
Continue reading “Biggest Movers: ETC Surges 14% to Hit 6-Week High on Saturday”
