The Story of Sam Bankman-Fried’s Backroom Deal With Binance’s CZ Source
Day: November 8, 2022
The US Government Holds Over 214,000 Bitcoin, Fed’s Stash Equates to More Than 1% of BTC’s Supply – Bitcoin News
United States law enforcement officials announced on Monday that the U.S. Department of Justice (DOJ) seized “approximately 50,676.17” bitcoin from a Silk Road thief. The latest seizure adds to the cache of bitcoins the U.S. government holds today as three forfeitures during the last two years have led to a stash of around 214,682 bitcoin worth $4.22 billion using today’s bitcoin exchange rates. After 3 Major Forfeitures, U.S. Law Enforcement Officials Hold More Than 1% of Bitcoin’s Capped Supply The U.S. government has a large stash of bitcoin after three…
Bitcoin To Dump Even Lower? This On-Chain Metric May Suggest It
Bitcoin has sharply rebounded back to $20.4k, but is the decline actually over? This on-chain metric may suggest otherwise. Bitcoin Coin Days Destroyed Metric Has Spiked Up Over The Past Day As pointed out by an analyst in a CryptoQuant post, BTC Coin Days Destroyed is showing a spike at the moment. A “coin day” is the amount that 1 BTC accumulates after sitting still on the chain for 1 day. When any coin with some number of coin days shows any movement, its coin days reset back to zero,…
El exchange FTX se queda con solo un bitcoin en su balance
Las cifras de Coinglass muestran un saldo total de bitcoin de todos los exchanges por encima de 2 millones, un gran descenso durante las últimas 24 horas. Los dos poseedores más importantes son Coinbase Pro y Binance, con más de 500.000 monedas cada uno. Source
Binance Announces FTX Buyout And The Market Recovers
Did Binance just do what we think it did? The world’s biggest cryptocurrency exchange by trading volume will likely buy one of its biggest competitors. The market was in turmoil, the players were in panic mode, but this news calmed the waters in a big way. What’s next, though? Will Binance actually go through with the buyout? Is the deal final? And what does this story says about FTX’s business model? Were they fractional-reserving their way to success? Let that sink in… pic.twitter.com/Whj50bR2Ey — wolf (@ImNotTheWolf) November 8, 2022 Let’s…
Bank of Russia Suggests NFT, Smart Contract Regulation
The bank of Russia also suggested including digital assets trading into the traditional stock market infrastructure. Rules of access to the digital assets market should be harmonized with the ones for the traditional securities markets, so that unqualified investors can access both within the 100,000 rubles a year limit ($1,640) or more, if they successfully complete a financial literacy test, the report suggests. Source
LightSpringFox – Crypto Market Making (S5E2)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In a first for Flirting with Models, my guest this episode is anonymous, going only by the handle LightSpringFox on Twitter. Mr. Fox is a quantitative trader who works in crypto market making at MGNR. Mr. Fox did not begin his career in crypto, nor even in market making. Rather, his background is in traditional equity factor investing, and so we spend a good deal of comparing and contrasting the low- and high-frequency domains. We also discuss the nature of market making…
Messari Releases Q3 2022 State of TRON and State of USDD Reports – Sponsored Bitcoin News
sponsored Geneva, Switzerland / November 8, 2022 / – Messari, the leading provider of crypto market intelligence, released two quarterly analysis reports related to the TRON ecosystem – State of TRON Q3 2022 and State of USDD Q3 2022. Both reports indicated positive conclusions about the stable and secure strength of USDD and the TRON network as a whole. The USDD report marked the first time Messari provided market intelligence in quarterly report form on the over-collateralized stablecoin issued by the TRON DAO Reserve (TDR), custodian of USDD, currently with…
Binance Exchange's BNB Token Leads Broad Crypto Rebound After FTX Bailout Offer
BNB, an exchange token used within the Binance trading environment, jumped 20%, leading a broad rebound in crypto markets that had been in freefall over acute speculation that the rival FTX exchange might be facing a rapid run on deposits. Source
El régimen de control cripto no ha cambiado, según el organismo mundial de vigilancia contra el lavado de dinero
En general, la aplicación de las regulaciones de FATF para regular a las criptomonedas “permanece extremadamente escasa”, afirmó en el email. Por otra parte, tampoco cambió el proceso por el cual agrega países a la lista gris con el fin de llevar a cabo una supervisión más exhaustiva. Su control anual es una “actualización dirigida” que ofrece un panorama general del cumplimiento global, pero los países no son clasificados o reclasificados a través del proceso. Source