In his recent media tour, disgraced founder Sam Bankman-Fried claims he did not commit fraud. Someone that still has access to FTX and Alameda Research’s accounts could prove otherwise. Source
The highest volume of law enforcement and agency requests from a single country came from the U.S., with 5,304, while the second-most number of requests came from the U.K. with 1,744, the report said. The number of U.S. requests increased 6% from the previous annual period. and Coinbase noted around 80% of total requests came from the U.S., U.K., Germany and Spain. Source
Cryptocurrency and stock markets could see a sharp spike in volatility due to this week’s CPI print, interest rate hike and a conference from Federal Reserve chair Jerome Powell. The consumer price index (CPI) data on Dec. 13 and the outcome of the Federal Reserve meeting on Dec. 14 could influence the United States stock markets and the cryptocurrency markets in the near term. Traders are likely to play it safe and not take large directional bets until the CPI print because any nasty surprise could produce a sharp knee-jerk…
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On December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion. Moreover, during the past 12 months, the TVL in defi dropped 82.56% from roughly $239 billion in Dec. 2021, to today’s aggregate. Smart Contract Token Economy and Defi Sector Struggle Following Last Month’s FTX Fiasco Decentralized finance (defi) has suffered a great deal from the FTX fiasco as the total value locked (TVL) in defi has shed 25.5% in value…
Bitcoin (BTC) failed to break above the $17,250 resistance on Dec. 11 and subsequently faced a 2.2% correction. More importantly, the last daily close above this level was over 30 days ago — reinforcing the thesis of size sellers near the $330 billion market capitalization mark. Curiously, this valuation level is slightly behind Palladium, the world’s 23rd most valuable traded asset with a $342 billion capitalization. So from one side, Bitcoin bulls have some reasons to celebrate because the price recovered 10% from the $15,500 low on Nov. 21, but…
Place/Date: – December 12th, 2022 at 6:08 pm UTC · 3 min read Source: TipTop The recent launch of the TipTop app has attracted thousands of FitnessFi enthusiasts and sent reverberations across the Move-to-Earn industry. Within an already overcrowded market for fitness apps, TipTop stands out for rewarding fairness of play and its top-class NFTs. Exercising or running errands has long been overlooked as an underrated source of passive income. TipTop gamifies fitness and rewards movement. With a unique system for NFT sneakers, players can immerse themselves in the digital…
press release PRESS RELEASE. Cryptowisser, a leading Crypto service comparison website, announces the launch of its annual Crypto exchange graveyard for 2022. This list is the only comprehensive database of “dead” cryptocurrency exchanges currently available. In 2022, 51 exchanges were reported dead, with the vast majority seemingly dying out due to business reasons and there were small percentages of scams, rebranding and regulatory deaths. FTX – Star of the Show Out of all the exchange casualties of 2022, FTX received the most attention, namely due to its sheer size and…
Despite the ongoing bear market, Jan3 CEO and Bitcoin (BTC) proponent Samson Mow believes that the leading cryptocurrency could reach the $1-million-price benchmark in the next five to 10 years. The collapse of major fiat currencies will be a major catalyst, which he said can “happen very rapidly” and “are not anticipated.” ”It just sort of happens overnight, and then you are shoveling cash into a wheelbarrow,” he said in a recent interview with Cointelegraph. Mow made his prediction while commenting on the current state of Bitcoin adoption in El…
Place/Date: Vietnam – December 12th, 2022 at 5:36 pm UTC · 3 min read Source: Traders Fair & Awards There was a joyful and perfect conclusion to the Vietnam Traders Fair & Awards Gala Dinner that took place at The Adora Premium on December 10, 2022. An estimated 1500 people attended the Traders Fair as well as the Awards Gala Dinner. There were a number of well-known brokers who had booths at the trade fair that day as well. During the event, there was a full day of activities scheduled, such as…