GBTC next BTC price black swan? — 5 things to know in Bitcoin this week
Bitcoin price rumors abound as GBTC comes in for a dose of cold feet thanks to FTX.
Bitcoin price rumors abound as GBTC comes in for a dose of cold feet thanks to FTX.
The FTX wallet drainer address has been meticulously swapping assets and using bridges to launder stolen funds.
Istanbul Blockchain Week was held in Turkey, and Cointelegraph attended to experience the impact of the FTX collapse firsthand — the result was unexpected.
Since leaving The Walt Disney Company, Bob Iger has been acting as an advisor and board member for the digital avatar platform Genies.
Bill Ackman’s conviction on crypto comes as much of the community attempts to regain confidence in the industry following the FTX fallout.
In early November the Chinese government made an ambitious plan to boost the nation’s VR industry, now it seems local tech companies are using the World Cup to test-run their products.
Ethereum co-founder Vitalik Buterin said the collapse of FTX has illustrated once again that the problem lies in people, not technology.
The examiner revealed that Celsius’ digital assets in its customer’s Custody wallets account officially became underfunded on Jun. 11.
Blockchain detective ZachXBT has provided evidence refuting recent speculation about the identity of the FTX hacker and their supposed memecoin activity.
The complexities that come with digital assets, cross-border insolvency and competing jurisdictions could add years to the timeline.
Not much is known about who these creditors could be, as names and personal information were redacted from the published document.
Congress should avoid engaging in a moral panic and instead produce legislation that produces clarity for the cryptocurrency industry.
Bitcoin price is stuck in a tight range, but TON, CHZ, QNT and TWT caught a bid in the past week.
According to Chainalysis, “Reports that the funds stolen from FTX were actually sent to the Securities Commission of The Bahamas are incorrect.”
GBTC shares keep getting cheaper versus Bitcoin — an ideal reason to buy for ARK Invest and Lawrence Lepard.
Initial investigations revealed that all crypto exchanges performed lawful operations across South Korea. However, Flata Exchange is suspected of listing its in-house token, FLAT, in January 2020.
FTX debtors are in talks with finserv firm Perella Weinberg Partners for various sale or reorganization attempts. However, the engagement of PWP is subject to the bankruptcy court’s approval.
The SEC instituted administrative proceedings against American CryptoFed to determine the issuance of a stop order which would retract its registration and bar sales of in-house tokens, Ducat and Locke.
The fall of FTX undoubtedly hurt investor sentiment toward crypto, but it won’t change its popularity as a means for cross-border transactions.
Brad Garlinghouse, CEO of Ripple, said the company would be interested in companies owned by FTX that serve business customers.
Banks should embrace crypto as a way to mitigate risk and prevent losses that consumers at the hands of rogue crypto exchanges.
The crypto community has criticized Forbes magazine for dubbing Caroline Ellison “Queen Caroline” and “a new darling of the alt-right.”
FTX has an estimated $8 billion hole in its balance sheet. Investors desperate to get their money back are being targeted by phishing scams.
There were ample warning signs to tip investors off to problems behind the scenes at FTX.
In an industry first, Input Output Global and the Scottish university will provide continuous tracking of digital assets by a methodology that has yet to be determined.
Though Dogecoin has seen a near 45% rally over the past month, its use cases remain limited, especially given that it can’t interact with smart contracts.
Crypto exchanges are actively releasing proof-of-reserves audits in order to build transparency but experts believe it would take more than that to regain investor trust.
Soulbound tokens (SBTs) refer to digital identity tokens that represent the characteristics or reputation of a person or entity.
Bitcoin price action since FTX “feels like the world has ended,” says Stock-to-Flow creator PlanB.