Zhu said DCG is worthless, adding that Genesis creditors will push it into bankruptcy soon. 1 min read Updated: January 3, 2023 at 9:08 am Cover art/illustration via CryptoSlate Bankrupt firm Three Arrows Capital’s co-founder Zhu Su alleged that Digital Currency Group (DCG) and FTX conspired to attack Terra LUNA and staked Ethereum (stETH) in a …
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Currently, $13.2 billion is sitting on exchanges, with the majority on Binance. 2 min read Updated: January 3, 2023 at 7:50 am Cover art/illustration via CryptoSlate In the last 30 days, $6.2 billion worth of BinanceUSD (BUSD) was withdrawn from exchanges, according to Glassnode data as analyzed by CryptoSlate. The chart below represents the exchange net …
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The SCB accused FTX CEO John Ray III of making false statements that could promote mistrust of public institutions in the Caribbean country. 1 min read Updated: January 3, 2023 at 7:46 am Cover art/illustration via CryptoSlate The Bahamas Securities Commission (SCB) said FTX’s leadership was impeding its investigations by denying the court-appointed Joint Provisional …
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Maruti Suzuki, one of the biggest car manufacturers in India, has announced that it is taking its customer retail experience to the metaverse. The company announced on Jan. 1, it would launch a VR (virtual reality) network for its Arena showroom series, allowing its users to experience the Maruti Suzuki Cars online or via authorized …
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Three Gemini Earn users have accused Genesis Global Capital of breaching a contract and have subsequently filed a demand for class arbitration with the American Arbitration Association. In addition, the three users assert that all transactions “constituted unregistered sales of securities” and therefore must be rescinded. ‘A Sham Transaction’ A demand for class arbitration in …
press release PRESS RELEASE. As financial markets worldwide confront major challenges, the crypto market has remained sluggish in 2022. Meanwhile, along with the slowing global economic growth, the crypto market has also entered a prolonged bear period. Despite the continued sluggishness of crypto this year, the industry raised more funds in the first half of …
Continue reading “2022 in Review: ViaBTC Capital Gathers Momentum and Delivers Win-win Results”
Popular crypto analyst Michaël van de Poppe is laying out his predictions on how Bitcoin (BTC) could perform this year. Van de Poppe tells his 643,700 Twitter followers that Bitcoin could be gearing up for a massive surge in the coming months. “Q1: Sideways markets. Potential temporary bottom.Q2: Relief rally on Bitcoin to $30,000-$35,000 amongst …
As liquidity issues surround the Digital Currency Group (DCG), Three Arrows Capital (3AC) founder Su Zhu made a Twitter thread containing allegations against DCG and FTX. However, the founder immediately got called out by the crypto community for blaming others and not taking accountability. In the thread, Zhu alleged that DCG had a role in …
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Lee Jung-hoon, the former chair of the South Korean cryptocurrency exchange Bithumb, was found not guilty on Jan. 3 by the 34th Division of the Criminal Agreement of the Seoul Central District Court. Jung-Hoon was on trial under accusations of violating the Act on the Aggravated Punishment Of Specific Economic Crimes due to fraud. The …
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The Securities Commission of The Bahamas (SCB) has denied FTX debtors’ claims and expresses concern that the investigation has been ‘impeded.’ According to a statement released on Jan.3, The Securities Commission of The Bahamas (SCB) has had to correct material misstatements made by John J. Ray III, the representative of the United States-based FTX debtors, …
Continue reading “Bahamas regulator denies asking crypto exchange FTX to mint new tokens”
There is little agreement among Bitcoin’s commentators over the last few weeks, with crypto execs, research analysts and billionaire investors offering wildly different takes on what’s in store for Bitcoin for the year ahead. One crypto exchange founder expects Bitcoin (BTC) to spike to $40,000 by the summer, while a Bitcoin billionaire has renewed his …
Continue reading “Erik Voorhees tips $40K BTC by June, but little consensus among pundits”
The Ethereum network eclipsed Bitcoin in terms of total transaction volume last year, though the king of crypto has managed to retain its crown when it comes to online search interest. According to data from Nasdaq and Ycharts shared on Reddit on Jan. 2, Ethereum had 338% more total transaction volume in 2022 (408.5 million) …
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A 25-year-old crypto investor who traded nearly $2 billion (3 billion Australian dollars) worth of crypto in 2021 ran his crypto empire from the comfort of his parent’s home in Sydney, Australia, according to public records. The young gun in question, Darren Nguyen, has not spoken about the achievement of his small trading business, PO …
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Traders’ Apathy Continues as BTC Price Remains Flat Above $16K – January 2, 2022 Bitcoin’s price movement has been flat as BTC price remains flat […] Go to Source
The TRON founder-turned-exchange advisor has denied rumors of mass staff cuts. 2 min read Updated: January 3, 2023 at 12:03 am Cover art/illustration via CryptoSlate Justin Sun has stated that the crypto exchange Huobi is not carrying out mass layoffs, according to a report from the South China Morning Post on Jan. 2. The South …
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