- Investors seek to sell FTX, Celsius, BlockFi, Voyager claims
- Ethereum needs to defend $1,180 to sustain this 50-day ascending pattern
- FTX founder reportedly cashes out $684K after being released on bail
- Nic Carter dives into proof-of-reserves, ranks exchange attestations
- Solana joins ranks of FTT, LUNA with SOL price down 97% from peak — Is a rebound possible?
- Two crypto-related ETFs were the worst-performing in Australia for 2022
- SBF met with Biden’s senior advisers 2 months before FTX’s collapse: Report
- Non-US FTX customers want private info redacted from bankruptcy filings
- Turkey’s central bank completes first CBDC test with more to come in 2023
- Former Chinese central banker says digital yuan ‘usage has been low’
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Investors seek to sell FTX, Celsius, BlockFi, Voyager claims
Cointelegraph.com News - 30 December 2022, 12:00 pmHedge funds and debt investors have already purchased some of the claims. Instead of waiting for a lengthy bankruptcy process, some investors, who have claims on FTX exchange, Celsius Network, BlockFi and Voyager Digital, are looking to pass on their claims to others. Data from crypto claims trading startup Xclaim shows that there are at least…Read More
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Ethereum needs to defend $1,180 to sustain this 50-day ascending pattern
Cointelegraph.com News - 30 December 2022, 11:53 amETH price bulls struggle as futures remain trading below its fair value, signaling excessive demand for shorts. Ether (ETH) has been ranging near $1,200 since Dec. 17, but an ascending trend has been quietly gaining strength after 50 consecutive days. The pattern points to $1,330 or higher by March 2023, making it essential for bulls…Read More
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Venezuelan Banking Watchdog to Oversee Crypto Transactions to Preserve Currency Stability
Bitcoin News - 30 December 2022, 11:30 amSudeban, the Venezuelan banking watchdog, is currently working on a mechanism to review crypto-related transactions in real-time to control the influence these have on the stability of the exchange market. Analysts have recently linked the situation in peer-to-peer (P2P) crypto markets to the recent drop in the value of the bolivar. Venezuelan Government to Monitor…Read More
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FTX founder reportedly cashes out $684K after being released on bail
Cointelegraph.com News - 30 December 2022, 10:57 amSBF has allegedly cashed out $684,000 from a crypto exchange in Seychelles while being under house arrest, according to an on-chain investigation. FTX founder Sam Bankman-Fried is reportedly cashing out large amounts of cryptocurrency soon after being released on bail, on-chain data suggests.SBF has cashed out $684,000 in crypto to an exchange in Seychelles while…Read More
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Nic Carter dives into proof-of-reserves, ranks exchange attestations
Cointelegraph.com News - 30 December 2022, 8:49 amCrypto trading platforms Kraken and BitMEX topped the proof-of-reserves score list, while Binance received a low score for being incomplete. Bitcoin advocate Nic Carter has released an in-depth analysis of centralized exchange proof-of-reserves and ranked the attestations provided by some of the most prominent crypto trading platforms in the space. Carter published a detailed examination of…Read More
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Dollar Loses to Digital Currencies in 2023, Former Russian President Medvedev Says
Bitcoin News - 30 December 2022, 8:30 amDigital fiat currencies will spread next year while the U.S. dollar will be losing its status of global reserve currency, according to Russia’s former head of state. In a string of tweets, Dmitry Medvedev gave his two cents on what the future holds for the world, a “humble contribution,” as he put it, to the…Read More
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Solana joins ranks of FTT, LUNA with SOL price down 97% from peak — Is a rebound possible?
Cointelegraph.com News - 30 December 2022, 7:26 amSOL price jumped 20% after falling to its worst level since February 2021 with Solana’s technicals suggesting that more upside is possible. Solana (SOL), the cryptocurrency once supported by Sam Bankman-Fried, pared some losses on Dec. 30, a day after falling to its lowest level since February 2021. Solana price down 97% from November 2021…Read More
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Report: Nigerian Central Bank Spent Over $1.8 Billion Managing Local Currency
Bitcoin News - 30 December 2022, 5:30 amDuring her appearance before Nigerian lawmakers, Aisha Ahmad, the deputy governor of the Central Bank of Nigeria (CBN), told lawmakers that out of the nearly $1.8 billion used to manage the local currency, over 90% of this total was reportedly used to fund expenses associated with the production of banknotes. The Growing Cost of Maintaining…Read More
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Kevin O’Leary’s Twitter Account Hacked to Promote Bitcoin, Ethereum Giveaway Scam
Bitcoin News - 30 December 2022, 3:30 amShark Tank star Kevin O’Leary’s Twitter account was hacked Thursday and used to promote a bitcoin and ethereum giveaway scam. The scammers claimed that Mr. Wonderful is giving away 5,000 bitcoin and 15,000 ether, and anyone can participate. Kevin O’Leary’s ‘Fake’ Bitcoin and Ether Giveaways The official Twitter account for Shark Tank star Kevin…Read More
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Nobel Prize Laureate Paul Krugman Compares Tesla to Bitcoin — They ‘Have More in Common Than You Think’
Bitcoin News - 30 December 2022, 1:30 amNobel Prize-winning economist Paul Krugman says Tesla may have more in common with bitcoin than you think. He explained that Tesla sales have depended in part on the perception that CEO Elon Musk “is a cool guy” while the price of bitcoin is “being sustained by a hard-core group of true believers.” Paul Krugman Compares…Read More