Leading crypto bank Silvergate revealed that its exposure to the bankrupt crypto lender Genesis was less than $2.5 million as of Jan. 19, according to an official statement. Silvergate said the bankrupt lender was not […]
FTX’s disgraced founder Sam Bankman-Fried (SBF) could forfeit as much as $700 million worth of assets to the United States government, according to new court documents filed on January 20. The Jan. 20 court filing […]
Bitcoin hit highs of $23,342 on Binance, with a breakout above $22k extending year-to-date gains. BTC price is up 30% in a month and has recovered 47% since the decline to $15,500 lows. Short liquidations […]
Flagship digital asset Bitcoin surged past $23,000 for the first time since August 2022, continuing its bullish start to 2023. Coinglass data showed that BTC’s rally liquidated $112.2 million in short positions against it over […]
The United Arab Emirates virtual assets regulator has said no crypto entity has been granted the full market product (FMP) license. According to the country’s minister of state for artificial intelligence and the digital economy, […]
An Indian government official says that there is currently nothing that outlaws crypto in India “as long as you follow the legal process.” Meanwhile, the country’s central bank, the Reserve Bank of India (RBI), has […]
On-chain data sourced from CryptoQuant shows that the 5,592 BTC worth some $124 million that was transferred out of the miner’s address in the past three days ended up in Binance. Source link
An International Monetary Fund (IMF) division chief and deputy managing director are calling for more action to be taken in the regulatory aspect to avoid crypto’s ups and downs affecting banks and traditional financial institutions. […]
A wallet controlled by the Genesis OTC trading desk sent about $125 million of ETH, FTM and USDT to Coinbase, Binance, Bitstamp and Kraken on Thursday, the day of the bankruptcy filing, according to blockchain […]
Bitcoin has not moved as expected despite the news of Genesis, one of the largest crypto lenders in the world, filing for bankruptcy. This lack of negative movement from bitcoin in response to the news […]
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