Bitcoin (BTC) withdrawals from largest crypto exchange Binance have passed $500 million in the past 24 hours as its CEO calls out “FUD.” Data from on-chain monitoring resource Coinglass shows Binance’s BTC balance decreased by over 30,000 BTC into Dec. 13. CZ: FUD is “thoroughly annoying” The latest hotspot for fallout from the FTX debacle, Binance has joined exchanges seeing an exodus of user funds. According to Coinglass, users withdrew 30,300 BTC ($515 million) in the 24 hours to the time of writing, this accounting for the majority of the…
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Binance exchange daily BTC withdrawals top $500M as CZ says ‘FUD helps us grow’
Bitcoin (BTC) withdrawals from largest crypto exchange Binance have passed $500 million in the past 24 hours as its CEO calls out “FUD.” Data from on-chain monitoring resource Coinglass shows that Binance’s BTC balance decreased by over 30,000 BTC into Dec. 13. CZ: FUD is “thoroughly annoying” The latest hotspot for fallout from the FTX debacle, Binance has joined exchanges seeing an exodus of user funds. According to Coinglass, users withdrew 30,300 BTC ($515 million) in the 24 hours to the time of writing, this accounting for the majority of the…
Top US Lawmaker Says FTX Hearing Will Continue Without Sam Bankman-Fried
“Although Mr. Bankman-Fried must be held accountable, the American public deserves to hear directly from Mr. Bankman-Fried about the actions that’ve harmed over one million people, and wiped out the hard-earned life savings of so many,” Waters said. Source
Former top SEC crypto regulator hired by Caroline Ellison
A former top crypto regulator in the United States Securities and Exchange Commission (SEC) will represent Caroline Ellison, ex-Alameda Research CEO, in an ongoing federal probe, according to a report from Bloomberg on Dec. 10. Caroline will be represented by Stephanie Avakian and a team of attorneys from WilmerHale. Avakain is currently chair of the Securities and Financial Services department at the law firm. At the SEC, where she was a director at the Enforcement Division and responsible to expand cryptocurrency oversight, bringing cases against Robinhood and Ripple Lab. According…
Litecoin (LTC) Outperforms Other Top Crypto In This Department
Litecoin (LTC) seemingly hit a speed bump that caused its bullish run to slow down a bit after it rallied all the way up to the $83 zone on December 5. The following day, the cryptocurrency closed the trading session with a trading price below the $80 marker before reclaiming said territory on December 7. Since then, the altcoin has been on a downward trend although it is already showing signs of recovery. In fact, at the time of this writing, according to tracking from Coingecko, Litecoin is changing hands…
Stellar (XLM), Binance (BNB) and Orbeon Protocol (ORBN): Top 3 Tokens to Invest In 2023
Place/Date: – December 7th, 2022 at 8:49 am UTC · 3 min read Source: Orbeon Protocol The cryptocurrency market is a rapidly growing and complex space. With so many different cryptocurrencies, it can be difficult to decide which one to invest in. Investors are always looking for the best cryptocurrency ecosystem, and notably, many are focusing on market newcomer Orbeon Protocol (ORBN) which has already seen 525% returns in presale. We’ll compare tokens like Binance (BNB), Stellar (XLM), and Orbeon Protocol (ORBN) to help you find the best crypto today.…
Wikipedia Editors List FTX’s Questionable Blunder as the Top Trading Loss of All-Time – Bitcoin News
Following the collapse of FTX at the beginning of November, two top executives from FTX and Alameda Research — Sam Bankman-Fried and Caroline Ellison — have been listed among traders with the top trading losses worldwide on Wikipedia. According to the Wiki page, Bankman-Fried’s and Ellison’s so-called ‘trading loss’ of 51 billion nominal U.S. dollars is at the top of the list in terms of the highest nominal amount of funds lost by trading. Wiki Article Prematurely Suggests FTX Fiasco Was a $51B ‘Trading Loss,’ Despite Ongoing Investigations The FTX…
Top US Crypto Exchange Coinbase Adds Three More Under-the-Radar Altcoins to Its Listing Roadmap
Top US-based crypto exchange platform Coinbase is adding three additional under-the-radar altcoins to its listing roadmap. Coinbase announces that Magic (MAGIC), Rocket Pool (RPL) and Aragon (ANT) are now on its roadmap. MAGIC is the token used to operate Treasure, a decentralized video game console. The 235th-ranked crypto asset by market cap is trading at $0.449 at time of writing and has surged more than 15% in the past 24 hours. Aragon is a decentralized governance platform on the Ethereum (ETH) blockchain. ANT is valued at $1.94 at time of…
Top US Crypto Exchange Coinbase Adds Three More Under-the-Radar Altcoins to Its Listing Roadmap
Top US-based crypto exchange platform Coinbase is adding three additional under-the-radar altcoins to its listing roadmap. Coinbase announces that Magic (MAGIC), Rocket Pool (RPL) and Aragon (ANT) are now on its roadmap. MAGIC is the token used to operate Treasure, a decentralized video game console. The 235th-ranked crypto asset by market cap is trading at $0.449 at time of writing and has surged more than 15% in the past 24 hours. Aragon is a decentralized governance platform on the Ethereum (ETH) blockchain. ANT is valued at $1.94 at time of…
GMX (GMX) and Fantom (FTM) Are Both Top Gainers! But Snowfall Protocol (SNW) Is on Its Way to the Top!
Place/Date: – December 2nd, 2022 at 12:57 pm UTC · 3 min read Source: Snowfall Protocol Photo: Snowfall Protocol GMX (GMX) and Fantom (FTM) are both top gainers today on CoinMarketCap, but there’s a new coin in town that is quickly making its way to the top – Snowfall Protocol (SNW)! What could be causing this massive shift in the market? Let’s take a closer look at these three coins and see what’s happening. The First to Solve This Problem Will Make Token Holders Wealthy GMX (GMX) and Fantom (FTM)…