Hindenburg continued: “Our research indicates, however, that Block has wildly overstated its genuine user counts and has understated its customer acquisition costs. Former employees estimated that 40%-75% of accounts they reviewed were fake, involved in fraud, or were additional accounts tied to a single individual.” Source BlockDorseysHindenburgsJackReportShortSellerTumbles CryptoX Portal
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethereum is in the news with massive Shanghai and Capella upgrades. The price of ETH looks increasingly promising for crypto … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Crypto whales are reportedly moving hundreds of millions worth of Bitcoin (BTC) and one Shiba Inu (SHIB) competitor out of a top crypto exchange as the markets respond to the Federal Reserve announcing further rate hikes. According to new data from whale-surveying platform Whale Alert, a staggering 84,890,577,207,998 Dogelon Mars (ELON) tokens, worth about $29 million at time of writing, were abruptly shifted from Crypto.com to an unknown crypto wallet. Transactions featuring the king crypto were also on Whale Alert’s radar as many deep-pocketed investors started transferring millions of dollars…