Client demand for crypto was the key factor in launching a crypto custody offering, BNY Mellon’s CEO Robin Vince said on the company’s third quarter earnings conference call Monday. Source
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Avtandil Kutchava, host of the Georgian television show “Crypto Bazari,” told CoinDesk that about 470 people reached out to his team about the situation. Altogether, people could have made tens of millions of dollars on trades with the erroneous lari rate, Kutchava estimated, and that day ATMs in Tbilisi, Georgia’s capital, ran out of banknotes as traders rushed to cash out their jaw-dropping profits. Source
The current crypto winter has left bearish sentiments on Bitcoin and other crypto assets in the market. As a result, several, if not all, assets’ values are on their way to the bottom, leaving massive losses for retail and institutional crypto investors. Experts have released several speculating analyses regarding the ongoing bear market, including the condition of Bitcoin and possible future expectations. Bitcoin price remains at the $19k level, never exceeding $24k in the past months. Following the ongoing price trend, a prolonged decline is possible. Reason One: Lack Of…
“As more fully explained throughout this declaration, I am aware that FTX Trading, along with West Realm Shires Services Inc. dba FTX US (‘FTX US’), may be offering unregistered securities in the form of yield-bearing accounts to residents of the United States. These products appear similar to the yield-bearing depository accounts offered by Voyager Digital LTD et al., and the Enforcement Division is now investigating FTX Trading, FTX US, and their principals, including Sam Bankman-Fried,” Rotunda wrote. Source
With Zhu and Davies’ location unknown and the liquidators and their attorneys unable to track them down, the liquidators are asking the court to be able to serve the two subpoenas via their email addresses, Twitter accounts and the email addresses of their attorneys. Source
Quant was one of the big movers in crypto markets to start the week, as the token rose beyond $200, hitting its highest point since last December. The move means that the token has now risen by nearly 40% in the last seven days. Monero was another notable gainer, rising for a second straight day. Quant (QNT) Quant (QNT) surged higher to start the new week, hitting its highest point in nearly a year in the process. Following a low of $182.88 on Sunday, QNT/USD raced to a peak of…
El anuncio del lunes es solo el primer paso de un proceso de tres. La segunda fase se pondrá en marcha a principios del 2023, cuando la sidechain de EVM no tenga permisos, lo que significa que cualquiera puede unirse. Mientras tanto, la tercera está programada para el segundo trimestre, momento en que Ripple implementará completamente el software. Source
While the broader crypto market continues to linger in bear territory, one cryptocurrency continues its steep climb undeterred and now occupies rank #27 in the top cryptocurrencies by market capitalization. Quant (QNT) was trading at half its price exactly one month ago. Today, QNT broke through the $200 mark for the first time since November last year and is currently writing its fifth weekly green candle, according to TradingView. At the time of writing, Quant is trading at $216. Apparently, the QNT is currently carried by an extremely large hype,…
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