Robinhood to buy back Bankman-Fried’s seized 7.6% stake.

Key Takeaways Sam Bankman-Fried and FTX co-founder Gary Wang bought a 7.6% stake in Robinhood last May Purchased for close to half a billion, the funds were raised via a loan from sister trading firm Alameda Research In November, FTX was revealed to be insolvent, after it sent customer assets to Alameda to shore up […] The post Robinhood to buy back Bankman-Fried’s seized 7.6% stake appeared first on CoinJournal. origin »

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Bitcoin miners made a big mistake during COVID.

It has been a tough year for Bitcoin miners. 2022 brought the nasty cocktail of rising costs and falling revenue. The former was predominantly affected by spiking electricity costs, while the latter came out of the plummeting Bitcoin price, which has fallen from its peak of close to $69,000 to $17,000. origin »

BTCRUB pair bucks the trend against major currencies.

Quick Take In the last six months, BTC is up over 4.4% against the Russian Ruble This comes on the back of a lot of positive reports coming out of Russia with pro-crypto interests Bitcoin is down over double digits in the same time frame against other major currencies that take a different regulatory approach […] The post BTCRUB pair bucks the trend against major currencies appeared first on CryptoSlate. origin »

OKX Shines As Proof Of Reserves, Security Grab The Spotlight.

OKX is known for its innovative approach to security, using cutting-edge technology and strict security protocols to ensure that all transactions are safe and secure.   Additionally, OKX has implemented a Proof of Reserves system that allows users to verify that the platform holds the amount of cryptocurrency that it claims to. origin »

Paxos terminates relationship with Binance as it halts BUSD issuance.

Paxos has also halted the minting of new BUSD tokens as ordered. Existing BUSD will however remain fully-backed and redeemable via Paxos until at least February 2024 Binance CEO says exchange will continue to support BUSD  Paxos, the blockchain and tokenization platform that also issues the stablecoin Binance USD (BUSD), has announced it is terminating […] The post Paxos terminates relationship with Binance as it halts BUSD issuance appeared first on CoinJournal. origin »

Wormhole hacker moves $46 million of stolen funds.

$46 million of stolen Wormhole funds has just been transferred from the hacker's wallet. Wormhole's token bridge was exploited in February 2022. The stolen crypto from one of the industry's The post Wormhole hacker moves $46 million of stolen funds appeared first on AMBCrypto. origin »

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