Circle taps into Ethereum layer 2 Polygon to provide USDC liquidity directly on the proof-of-stake scaling protocol.
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BTC price rally in doubt? Bitcoin young supply echoes 2022 bear market
Bitcoin on-chain transaction data shows "uncertain" conditions prevailing, research says, warning that Q2 is not likely to match BTC price gains from earlier in 2023.
OK Group sunsets ‘Okcoin’ for a global transition to ‘OKX’
Founded in 2013, Okcoin will have the same name as OK Group’s other crypto venture, OKX, formerly known as OKEx.
Hut 8 boosts self-mined Bitcoin reserves to 9.4K amid USBTC merger
According to Hut 8 CEO Jaime Leverton, the new merged mining business will have “highly diversified fiat revenue streams.”
SBF seeks to probe FTX lawyers’ roles in $200M Alameda loans
Sam Bankman-Fried’s legal team is seeking permission to cross-examine Gary Wang over FTX lawyers' involvement in Alameda loan approvals.
Cyprus to tighten crypto regulations in accordance with FATF
The Ministry of Finance intends to amend the existing Prevention and Suppression of Money Laundering Law.
Binance tight-lipped on projects funded by $1B crypto recovery fund
Binance-initiated IRI fund has only spent some 2.7% of the total of $1.1 billion committed to saving crypto in the aftermath of the FTX collapse, and has still not explained which entities benefited.
SBF's Alameda minted $38B USDT to profit off arbitrage trading: Coinbase director
Blockchain data flagged by Coinbase director Conor Grogan indicates that Alameda Research redeemed over $38 billion for Tether (USDT) tokens in 2021 despite not having the equivalent assets under management.
According to Grogan, the total value of USDT creation was higher than Alameda’s total assets on its books at the height of the wider cryptocurrency market bull run in 2021.
Grogan also suggests that FTX ordered USDT redemptions were likely to have been from Alameda’s tokens, totalling 3.9 billion USDT. The majority of this redemption amount was carried out during the collapse of the Terra Luna algorithmic stablecoin.
In Jan. 2021, former Alameda co-CEO Sam Trabucco weighed in on prevailing reports of significant USDT mints carried out by Tether and gave inside insights into how Alameda profited off arbitrage opportunities relating to the value of USDT to various trading pairs across different exchanges.
Trabucco described how the premium in which USDT trades to $1 was typically volatile given that Bitcoin to USDT trades resulted in a slight deficit in basis points when compared to BTC/US dollar trades.
SBF's Alameda minted $38B USDT to profit off arbitrage trading: Coinbase director
Coinbase director Conor Grogan has flagged on chain data that highlights massive USDT mints ordered by Sam Bankman-Fried’s Alameda Research in 2021.
Bitcoin dominance hits 3-month high as 'hammered' altcoins risk dive
Bitcoin (BTC) ground higher on Oct. 10 after the start of legacy market trading saw “de-risking” take over.
BTC/USD 1-hour chart. Source: TradingViewBitcoin price preserves weekly support
Data from Cointelegraph Markets Pro and TradingView showed BTC price stability returning ahead of the Wall Street open.
Bitcoin bulls had lost their footing as the week began, with BTC/USD heading to $27,300 before reversing to trade near $27,700 at the time of writing.
“Overall there's been a lot of market de-risking into $27.4K - $27.3K,” popular trader Skew wrote in part of X analysis at the time.
“Important area now because losing that level would take prices back to 1W demand. More importantly, around here into tomorrow buyers need to establish price control for a move higher.”
Bitcoin dominance hits 3-month high as 'hammered' altcoins risk dive
Bitcoin price action wobbles but recovers without new lower lows, while altcoins suffer with traders eyeing potential short opportunities.
Sam Bankman-Fried just like Bernie Madoff, Cardano founder says
Charles Hoskinson likened SBF to Bernie Madoff the mastermind behind the largest Ponzi scheme in history, and says the media is giving him a 'free pass'.
Sam Bankman-Fried just like Bernie Madoff, Cardano founder says
Charles Hoskinson likened SBF to Bernie Madoff, the mastermind behind the largest Ponzi scheme in history, and says the media is giving him a “free pass.”
Mistake or money laundering? User pays $1.6 million for CrypToadz NFT
The purchase was funded from a digital wallet, which has been a part of the chain of transactions, anonymized by the Ethereum coin mixing service Tornado Cash
Binance users in Hong Kong lose $450K in wave of fraud texts: HK police
Hong Kong police have issued a warning concerning a recent Binance phishing scam, targeting Hong Kong users of the platform.
Bitcoin analysts look to November as price action looks to mirror past cycles
Bitcoin’s months of sideways action have been uncannily similar to the previous two BTC market cycles, which saw a pivot in November leading up to a halving event.
Ordswap urges users to recover keys after losing control of website
Before it was taken down, Ordswap users said the compromised website directed users to a phishing link.
Ordswap urges users to recover keys after losing control of website
Before it was taken down, Ordswap users said the compromised website directed users to a phishing link.
FTX hacker could be using SBF trial as a smokescreen: CertiK
The still-unidentified FTX hackers started ramping up their movement of stolen funds in recent weeks, potentially using media attention of the trial as a cover to hide the illicit activity.
FTX hacker could be using SBF trial as a smokescreen: CertiK
The still-unidentified FTX hackers started ramping up their movement of stolen funds in recent weeks, potentially using media attention of the trial as a cover to hide the illicit activity.