Day: November 15, 2022

2 More Crypto Platforms Pause Withdrawals as Liquid Global and Salt Lending Cite Exposure to FTX – Bitcoin News

boss

On Nov. 15, 2022, the crypto exchange Liquid Global revealed that it has suspended fiat and crypto withdrawals “until further notice.” The same day, customers leveraging the crypto lending platform Salt were also informed that Salt has paused withdrawals and deposits. Furthermore, the crypto lender Blockfi is reportedly in the process of filing for Chapter 11 bankruptcy protection. Blockfi halted withdrawals five days ago and the lender said on Monday that the pause would continue. Crypto Firms Liquid Global and Salt Lending Pause Operations Two more crypto companies have informed…

1inch seeks to optimize gas costs with its new v5 router

boss

According to 1inch, users’ gas costs for swaps will be at least 10% lower than its previous offerings in the DEX segment, thereby, making swapping activity on the Ethereum network more profitable for its users. In the Router v5, 1inch estimated that swaps will be approximately 5% more gas efficient than in the previous version, and 10% more gas efficient, compared to the second best performing player in the DEX segment. New features and improvements made to the Router v5 from previous routers include; a new interaction logic, pre-/post-interactions, and an…

This Indicator Hints US Investors Sold Bitcoin Harder Than Others During Crash

boss

The Bitcoin Coinbase Premium Index suggests US investors have been selling more heavily than others during the latest crash in the crypto. Bitcoin Coinbase Premium Index Has Turned Deep Red Recently As pointed out by an analyst in a CryptoQuant post, whales on Coinbase Pro seem to have been behind the latest dump. The “Coinbase Premium Index” is an indicator that measures the percentage difference between the Bitcoin price listed on Coinbase Pro (USD Pair) and the one listed on Binance (USDT pair). Coinbase Pro is popularly known to be…

222 – Bitcoin Miners Prepare to Capitulate

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Join Locals for exclusive content Sources Flux Address: t1a276Sn6AALj6ifkgMBi8cuxa2415UajsW LTC Address: LbNTMKfnGVoBktK1v4MtGpsoXaECRzQ1sT Ergo Address: 9fCyhudURbDSA2qi9k3sh1LgbHwyFwT6fck7wQW2YYWk9xR1miN ETH Address: 0x8446b70aA05c811d7bF590e6EDE3d90C00391FcE ETC Address: 0x8446b70aA05c811d7bF590e6EDE3d90C00391FcE ZIL Address: zil135ajqdgf9mj6r50e8t28p98xvsss8ay7cppyx5 Affiliate Links Coastal Crypto: Amazon: HiveOS: Trezor: Cryptocom: BT Miners: CashApp: PrimeXBT: sonofatech.com/primexbt Parallel Miner: Coinbase: Twitter Facebook Instagram #cryptomining #cryptominingmorning #cryptominingmorningshow ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Crypto’s Political Cash Backs Winners, But New Lawmakers Will Arrive Under FTX Cloud

Still, the events of this month, where one of crypto world’s pillar companies is under investigation as an epic fraud, will play a part. Congressional hearings will likely question what happened with FTX, and the new lawmakers will have to consider appropriate legislation in what could be the most important year yet for the industry on Capitol HIll. Meanwhile, they’ll represent – to some degree – a legacy of Bankman-Fried’s big year as a political patron. Original Source ArriveBacksCashCloudCryptosFTXLawmakerspoliticalWinners CryptoX Portal

Hive Blockchain revenue declines by 44% Y/Y despite overall mining production surge

boss

According to its second-quarter (ending Sept. 30) earnings presentation released on Nov. 15, Vancouver-based digital assets mining company Hive Blockchain’s revenue declined by 44% year over year to $29.6 million. During the same period, the company’s net income also decreased from $59.8 million in the prior year’s quarter to a loss of $37 million.  Hive Blockchain’s net income was notably higher than its revenue in Q2 2022, as the company also recognized over $22 million worth of gains on the Bitcoin (BTC) and Ether (ETH) it mined. Although the company…

Crypto Bank Silvergate Bucks Market Rally as FTX Exposure Is Questioned

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…