Binance Processes Nearly $1B in Net Outflows as Changpeng ‘CZ’ Zhao Resigns

2023-11-22 11:03

Data shows the exchange sits on over $67 billion worth of tokens, easing concerns of a possible bank run.

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Wikipedia stands at over $ 8400 – but it’s worth more than $ 200 billion

Bitcoin has recovered somewhat in the past few days, but its value is still almost $200 billion less than when it hit its record high in December 2017. The flagship cryptocurrency is trading just above $8,400 on Wednesday, according to CoinDesk, but that’s still some 58 percent off the $19,783.21 record from December. Market capitalization

2018-7-25 07:30


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Billionaire Hedge Fund Manager Has One Percent of his Net Worth in Bitcoin

Marc Lasry, the billionaire co-founder of Avenue Capital Group, whose net worth is estimated to be at around $1. 68 billion, has invested $16. 8 million in bitcoin. Bitcoin Investments Explained When asked about his personal investment in bitcoin, Lasry explained that he entered the cryptocurrency sector a few years ago, and invested quite a lot of capital in the market.

2018-7-22 09:39


Top 5 Threats Keeping Cybersecurity Professionals Up at Night

If you’d asked any cybersecurity professional around this time last year what the greatest threat to cybersecurity was, they’d have undoubtedly said ransomware. Now worth over a billion dollars a year (and rising), with attacks like WannaCry and Petya/NotPetya wreaking havoc, every expert worth their salt was planning ways to stay ahead of the hackers. […]

2018-7-14 05:00


Chinese Police Seize $1.5 Million Worth in Cryptos During FIFA Gambling Crackdown

In the city of Guangdong, the police have arrested hundreds of individuals involved in online gambling platforms that facilitated betting with $1.5 billion in cryptocurrencies including bitcoin. An operation involving 21 public security authorities has cracked down on organized football gambling during the ongoing football World Cup, resulting in the arrests of some 540 individuals […]

2018-7-13 21:05


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Billionaire Supports Crypto, Blockchain Bush Fund

Billionaire Steven Cohen, the owner of Point72 Property Administration, is supposedly backing a crypto as well as blockchain-focused bush fund, Bloomberg records Friday, July 13. Cohen purchased Arianna Simpson’s cryptocurrency bush fund, Autonomous Allies, using his personal equity company Cohen Private Ventures, inning accordance with Bloomberg’s confidential resource.

2018-7-13 15:45


Blockchain will contribute almost $1 billion to the telecoms sector alone within the next five years, MarketWatch reports Wednesday

Blockchain will contribute almost $1 billion to the telecoms sector alone within the next five years, MarketWatch reports Wednesday, July 11. a new research forecasts this week. According to a global market research store Research and Markets, blockchain technology in telecoms will explode from a $46.6 million industry in 2018 to one worth $993.8 million

2018-7-12 21:43


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Estimated 4 Million Bitcoin is Lost Forever by Users’ Forgetfulness

As much as 20 percent of all the Bitcoin in existence is lost forever, Chainalysis has revealed — as the research firm says it handled contracts worth $750,000 since 2016. ‘We Don’t Help People Find Lost Bitcoin’ In comments to The New York Times, Chainalysis said that user failures to create robust methods of password storage meant as much as $20 billion of Bitcoin is locked out of reach.

2018-7-7 03:00