Ethereum (ETH) recently became the most deflationary it had historically ever been amid the FTX collapse, reaching a deflationary percentage of -0.00514%, but as of Nov 29, ETH has lost almost all deflationary gains....
Huobi has said that it will be launching the world's first national token called Dominica Coin (DMC) — endorsed by the Commonwealth of Dominica. Huobi said it will launch the world's first national token DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica. Huobi will provide Dominica DID status to every...
Vice President of the Hong Kong exchange AAX, Ben Caselin, has announced that he has resigned. Hong Kong exchange AAX VP BEN said that he had resigned. A screenshot shows that AAX HR stated that the company has decided to dissolve (bankruptcy and liquidation), employees can only guarantee salaries in November, and users’ assets on the platform may only be...
BITFRONT, the cryptocurrency exchange founded by LINE — one of the largest social media in Asia — announced its closure. As of March 31, 2023, the withdrawal of cryptocurrencies held on the platform will be halted, and all personal user information collected by the firm will be deleted within 40 days. In a notice published Nov. 28, the BITFRONT team explained that despite...
Following promises from Binance CEO CZ, the exchange has released proof of reserves for Bitcoin held on the platform. Customer funds are backed by on- chain reserves of over 582,000 BTC — 1% higher than total customer deposits. The customer net balance was 575,742.4228 BTC as of the snapshot taken on Nov. 11, and on-chain reserves came to exactly 582,485.9302 BTC. The proof currently...
Following on from the movement of 50,000 Ethereum (ETH) on Nov. 20, the FTX Exploiter wallet has moved a total of 195,000 ETH via 13 transactions through Nov. 2. BREAKING...
On Nov. 20, the FTX Exploiter account began to start shifting the stolen funds once again -- totaling 50,000 Ethereum (ETH) valued at an estimated $60 million. The FTX hacker is doing things… They sent 25k ETH to another wallet and have been actively...
The native token of non-custodial wallet provider SafePal (SFP) spiked 125.96% over the past week, according to CryptoSlate data. At the time of writing, the token was trading at $0.743 — up 16.97% over the past 24 hours. The token's market cap more than doubled from around $35.6 million to $81 million over the past week, according to Coingecko...
Algo crypto trading platform, Upbots, detailed its recovery plan established due to its exposure to the fallout of FTX, and Alameda Research. Important announcement We are pleased to inform you that it has been decided to move forward by making some very important changes in our strategy: 1\. Launch of a new token2. Staking rewards temporary...
Ethereum (ETH) staking on-chain data shows that an estimated 78% of all staked ETH is across four centralized providers. Currently, an approximated 8-9 million ETH is staked across the following four providers: Lido - 4.5 Million ETH staked Coinbase - 2 million ETH staked Kraken - 1.2 million ETH staked Binance - 1 million ETH staked...
On-chain data shows that Bitcoin(BTC) is currently the third-most shorted cryptocurrency ever, while Ethereum(ETH) stands as the second-most shorted....
Newly leaked messages surfaced on Twitter earlier today revealing a discussion between the CEO, William Wu, and COO, Lewis Grafton of SolChicksNFT — migrated over from Catheon Gaming. According to blockchain detective, ZachXBT, the leaked messages between Wu and Grafton detail up to $20 million in treasury fund losses as a result of the UST implosion in May....
On Nov. 2, Coindesk sparked crypto history’s biggest collapse yet after it released the private financial documents of Alameda Research, a VC and trading firm owned by FTX founder Sam Bankman-Fried and closely tied to the exchange. In the ensuing week, 140M FTT flowed to Binance, and the token fell from $26 to below $2. This...
Transactions on the Three Arrows Capital (3AC) wallet have been revitalized as funds began to move again in its main wallet....
The FTX Hacker address — 0x59AB…fd32b — is sending cryptic tokens, including one labeled "WHAT HAPPENED" to addresses across the blockchain, including exchanges, Vitalik, and Uniswap. A deeper analysis of the on-chain transactions by CryptoSlate revealed the messages have been going on for multiple days using newly created...
Huobi has addressed the concerns raised as a result of Wu Blockchain's tweet that highlighted over 10,000 ETH being moved out of the Huobi 34 wallet. Huobi explained that a part of the publicized address is the hot wallet address and assured those concerned that the firm guarantees the security of user assets, 100% redemption and that it will not impose any restrictions...
The Twitter community is on fire, discussing hidden motives behind asset transfers between Crypto.com and Gate.io that took place in October. The exchange's CEO Kris Marszalek responded to speculation and said the transfer was done accidentally and had since been reverted. It was supposed to be a move to a new cold storage address, but was sent to...
St. Kitts and Nevis Prime Minister Terrance Drew announced that BCH will become legal tender in the country by March 2023 during a BCH conference in St. Kitts and Nevis. He added that the country will also look into mining BCH and welcomes dialogue and exploration of "future opportunities" with the cryptocurrency. The Prime Minister of St....
Kucoin CEO, Johnny Lyu, has explained in a number of tweets today that Kucoin has been transparent with its users since day one of building the hybrid centralized/decentralized cryptocurrency exchange. From day 1 of building KuCoin, we have been transparent to our users. The overview of some of KuCoin’s hot and cold wallet addresses are clickable for their...
Decentralized finance (DeFi) has felt the impact of the market crash that happened on Wednesday. The space which had already been struggling due to low interest had seen its total value locked (TVL) tank by more than $10 billion in a three-day period. TVL Falls To $44 Billion For the last couple of weeks, the DeFi TVL had been trending just above $55...
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