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Gopax investors could face $471M loss if Binance acquisition fails.
South Korean exchange Gopax needs to repay customers roughly $471 million in deposits locked up in Genesis Trading — which could be lost if Binance acquisition falls through. The post Gopax investors could face $471M loss if Binance acquisition fails appeared first on CryptoSlate. origin »
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BBBY Shares Plunge 24% as Bed Bath & Beyond Hints at Bankruptcy.
Coinspeaker BBBY Shares Plunge 24% as Bed Bath & Beyond Hints at Bankruptcy Amid the growing concern in the shares of BBBY, the stock is down by as much as 23. 23% after previously hitting an All-Time Low (ATL). origin »
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Logan Paul suggests Coffeezilla hire lawyer after CryptoZoo reports.
Paul warned YouTuber Coffeezilla in a recent video, who published videos on Paul and his NFT project. origin »
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M-Ventures Partner Leo Zhao’s Speech on 2023 Trends and Opportunities in Web3.
Coinspeaker M-Ventures Partner Leo Zhao’s Speech on 2023 Trends and Opportunities in Web3 The need for better transparency and compliance with laid down rules will be critical in 2023. origin »
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Dormant address transfers 15k BTC after four years of inactivity.
A bitcoin whale has transferred 15,000 BTC worth $252.5 million from a wallet 1KUr81 to a wallet 1LGAVQ after four years of inactivity. Other whales have also been busy this year as the BTC halving event sits on the horizon.… origin »
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The Good, The Bad And The Ugly From 2022, Bitcoin’s Year Of The Bear.
For Bitcoin, 2022 was a year of lessons, frustrations, vindications, progress and, in some cases, regress. What should we take with us for 2023? origin »
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YES WORLD launches specialized energy efficient glass solution to SAVE EARTH.
Blockchain-based climate tech company - YES WORLD Climate Tech Pte Ltd launches the world’s first Energy Efficient Windows Solution for home and commercial buildings. This new product line of speciaThe post YES WORLD launches specialized energy efficient glass solution to SAVE EARTH appeared first on AMBCrypto. origin »
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Metamask suspends Wyre services upon shutdown claims.
Metamask has recently announced the removal of Wyre from its mobile wallet aggregator amidst claims of the crypto payment platform shutting down. Metamask abandons Wyre Metamask, a widely used crypto wallet service provider, has announced terminating Wyre crypto payment amid… origin »
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Sam Bankman-Fried wants to retain ownership of Robinhood shares worth $450M.
FTX founder Sam Bankman-Fried wants to retain control of Robinhood shares worth $450 million on the basis that the bankrupt exchange has no “legal claims” over the assets, according to a January 5 court filing. origin »
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Blockchain Association of Singapore pushes back on token lending prohibition.
The Blockchain Association of Singapore (BAS) opposes "overly restrictive" proposal by Central Bank of Singapore. origin »
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Mutant Ape Planet NFT developer charged with fraud for selling ‘worthless asset’.
The Department of Justice for the Eastern District of New York unsealed a criminal complaint on January 5 against Mutant Ape Planet developer Aurelien Michel for defrauding investors. The post Mutant Ape Planet NFT developer charged with fraud for selling ‘worthless asset’ appeared first on CryptoSlate. origin »
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Mt. Gox extends deadline for BTC repayment registration.
Bankrupt Bitcoin exchange Mt.
The post Mt. Gox extends deadline for BTC repayment registration appeared first on CryptoSlate.
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Shanghai upgrade to include Ethereum unstaking.
Ethereum developers said the upcoming Shanghai upgrade, slated for March, would add functionality to withdraw staked ETH, according to Bloomberg News. The post Shanghai upgrade to include Ethereum unstaking appeared first on CryptoSlate. origin »
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FTX Linked Robinhood Shares Worth $460 Million To Be Seized By U.S. Justice Department.
The United States Department of Justice is now stepping in to take control of matters in the ongoing brouhaha involving the now-defunct crypto exchange FTX and other parties. The DOJ is now working on a plan to seize Robinhood Markets shares related with Sam Bankman-Fried, who was the founder and former chief executive officer of […] origin »
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Silvergate sold assets at loss to cover withdrawals, laid off 40% of workers.
The collapse of FTX sparked a bank run on Silvergate, forcing the financial institution to sell assets at a steep loss to cover some $8.1 billion in withdrawals. origin »
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Genesis owner Digital Currency Group shuts down wealth management subsidiary.
Digital Currency Group (DCG) is shutting down its wealth management subsidiary HQ Digital, The Information reported January 5, citing an internal memo. The post Genesis owner Digital Currency Group shuts down wealth management subsidiary appeared first on CryptoSlate. origin »
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Binance Coin (BNB) Price Analysis for January 5.
How long can bulls hold gained intiative? origin »
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Samsung to Report Q4 Operating Profit Slump amid Global Market Downturn.
Coinspeaker Samsung to Report Q4 Operating Profit Slump amid Global Market Downturn Samsung has had a relatively tough year, one that has seeped into its stock performance. Samsung to Report Q4 Operating Profit Slump amid Global Market Downturn origin »
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The big lesson with FTX’s collapse is onshore vs. offshore, says former Barclays CEO.
Bob Diamond believes that cryptocurrency is a very broad term. The former Barclays CEO said the big lesson with FTX’s collapse is onshore vs. offshore. His firm Atlas Merchant Capital is an active investor in the stablecoin issuer Circle. origin »
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AscendEX lists Storepay Global, a leading buy now pay later service.
AscendEX is excited to announce the listing of Storepay Global under the trading pair: $SPCFIN/USDT. Trading begins at 2:00 PM UTC on December 28th. Storepay Global uses an innovative business model aThe post AscendEX lists Storepay Global, a leading buy now pay later service appeared first on AMBCrypto. origin »
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Microsoft exec says metaverse is a necessity at CES 2023.
The latest reports from CES 2023 in Nevada show that tech juggernaut Microsoft aims to reinvent the consumer experience through futuristic services in the metaverse. origin »
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Shibarium new updates and here is how it can affect SHIB.
BONE will remain the only token selected for gas fees and use on Shibarium. BONE became one of the top gainers on 5 January, with metrics supporting its rise. Shiba Inu [SHIB] released a nThe post Shibarium new updates and here is how it can affect SHIB appeared first on AMBCrypto. origin »
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Shiba Inu Takes A Hit As Whale Moves $28.7 Million in SHIB.
Shiba Inu has taken a 3% hit today as a whale has moved a massive SHIB stack worth $28.7 million in the last 24 hours. Shiba Inu Has Declined Over The Past Day SHIB had kicked off 2023 on a positive note as the meme coin had been riding an uptrend during the first five […] origin »
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Bank of England answers professionals’ questions about upcoming CBDC wallet.
The Bank of England answered more than 70 questions from applicants who wish to win over the $244,000 contract.
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Bitcoin peaks to $16,800 on higher-than-expected US payroll data.
The United States Bureau of Labor Statistics (BLS) released nonfarm payroll data showing 223,000 jobs were added in December 2022, marking a higher-than-expected increase. The post Bitcoin peaks to $16,800 on higher-than-expected US payroll data appeared first on CryptoSlate. origin »
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Ethereum Gains 4.5% in Weekly Timescale As Shanghai Upgrade Nears.
Ethereum, the king altcoin, has been generating a lot of buzz lately. According to CoinGecko, the coin appreciated by 4. 5% in the weekly timescale. This is because of the upcoming “Shanghai” upgrade which is expected to improve the overall usability of Ether’s Layer 1 chain. origin »
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Mike Novogratz’s Galaxy Digital Buys Stake in NFT Platform Candy Digital.
Billionaire investor Mike Novogratz has led an investor group and purchased a further 60% stake in the NFT platform Candy Digital. The buy sees Novogratz’s Galaxy Digital, a co-founder of Candy Digital, now the controlling shareholder of the NFT platform, after agreeing a price with majority shareholder Fanatics. origin »
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Satoshi Confusion: Ripple’s David Schwartz Dismantles Craig Wright's Argument.
David Schwartz and Craig Wright have been debating about what it takes to prove the real identity of Satoshi Nakamoto origin »
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3AC Founder Subpoenaed on Social Media After Constantly Tweeting Following Bankruptcy.
The United States Bankruptcy Court subpoenaed Three Arrows Capital co-founder Kyle Davies on Twitter to produce vital company documents. The post 3AC Founder Subpoenaed on Social Media After Constantly Tweeting Following Bankruptcy appeared first on BeInCrypto. origin »
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Litecoin garners second spot in the list of most traded cryptocurrencies on BitPay.
Litecoin gained recognition in terms of transaction activity, which made it ideal for fast-paced trading. Assessing LTC’s potential for a good short trade as it swings within a 2-month range. origin »
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Chinese researchers claim 48-bit encryption cracked with quantum computing.
A group of Chinese researchers claimed that they could crack RSA encryptions on phones, data storage, and banking systems using quantum computing. origin »
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XRP Price Primed For Future Rally Following Ripple’s MENA Expansion.
The XRP price has rather underperformed within the last two years. While XRP has fallen 90. 04% from the all-time high of $3. 40 on January 6, 2018, Bitcoin (-75. 76%) and Ethereum (-74. 52%) show considerably smaller losses. origin »
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LBank excited about wider blockchain adoption in Turkey.
The Central Bank of Turkey (CBRT) completed CBDC tests in December 2022 and the government is currently planning to use blockchain technology for online public services. Both signal an even more welcoThe post LBank excited about wider blockchain adoption in Turkey appeared first on AMBCrypto. origin »
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Quantum computers may soon breach blockchain cryptography: Report.
Cryptography experts are somewhat skeptical of the technique’s scalability but aren’t ruling out the possibility of success either. origin »
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Why Flare’s TDE is the First Big Crypto Event of 2023.
Across all of the problems that blockchain networks have experienced, one of the most resounding is the inability of distinct blockchains to work together seamlessly. Interoperability has been a major goal for many leading networks, with its potential to boost the capabilities of all chains and create a truly holistic system being a top priority. […] origin »
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Ethereum price movement after high ETH whale activity.
Ethereum (ETH/USD) has seen an increase in its value as well as network activity as whales have begun moving the cryptocurrency. Ethereum is the second largest cryptocurrency in terms of capitalization and stands out due to its smart contract support and vast ecosystem of decentralized applications (dApps), which power the Decentralized Finance (DeFi) space. origin »
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Mt. Gox Payout Deadline Postponed Again, Next Bitcoin Price Dump In 2023?.
One concern for Bitcoin investors has taken a back seat in recent weeks and months amid macroeconomic headwinds and crypto-intrinsic contagion effects: the release of recovered BTC from Mt Gox. Originally, users of what was once the largest Bitcoin exchange were supposed to file their claims by January 10, 2023. origin »
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Can Bitcoin ‘Detect’ Stupid People? This Book Author And Math Statistician Says Yes, It Can.
Nassim Nicholas Taleb has released a number of provocative comments on social media regarding bitcoin in 2022. The author of “The Black Swan” and “Antifragile” has compared the world’s largest cryptocurrency to a contagious disease, rejected it as useless, and asserted that it provides no protection against anything. origin »
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Hard Lessons In Bitcoin Case Law Show We Must Remain Vigilant.
Two similar legal disputes around alleged bitcoin scams show that, while Bitcoin may be incorruptible, human beings are not. origin »
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Mark Cuban: Wash trading will lead to crypto's next implosion in 2023.
Mark Cuban believed that wash trading on centralized exchanges will lead to crypto's next implosion. A report by the NBER found that as much as 80% of the trading volume on unregulated exchangeThe post Mark Cuban: Wash trading will lead to crypto's next implosion in 2023 appeared first on AMBCrypto. origin »
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Shiba Inu Rises 3% In Last 24 Hours, Can SHIB Flip Solana Again?.
Shiba Inu has seen a rise of 3% during the last 24 hours, but the meme coin is still behind Solana in terms of market cap. Shiba Inu Has Enjoyed Uptrend In The Past Day, While Solana Declines 2022 was an abysmal year for both Shiba Inu and Solana, as the cryptos both saw drawdowns […] origin »
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Developer of ‘Mutant Ape Planet’ NFTs Arrested, Charged With Fraud for Alleged $2.9M Rug-Pull.
The developer of the Mutant Ape Planet non-fungible token (NFT) collection – a knock-off of the popular Mutant Ape Yacht Club NFT collection – has been arrested and charged with fraud for allegedly perpetrating a $2.9 million rug pull. origin »
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LG brings the metaverse to TV with new partners.
Oorbit and Pixelynx, companies developing metaverse technology, have joined forces with South Korean tech giant LG Electronics. origin »
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Customers interfered with FTX’s plan to sell subsidiaries.
FTX’s clients have filed a limited objection to the organization’s liquidation procedures for the four subsidiaries. They seek the rights of customers to have up-to-date information regarding the process. origin »
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French Central Bank Governor calls for 'obligatory crypto licensing'.
The governor of the Bank of France, Francois Villeroy de Galhau, has called for stricter licensing rules for crypto businesses in France, noting the present unrest in the cryptocurrency markets. OnThe post French Central Bank Governor calls for 'obligatory crypto licensing' appeared first on AMBCrypto. origin »
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Binance Acquisition Moves See BNB Riding A Wave of Enthusiasm.
Crypto exchange Binance and its CEO Changpeng Zhao are making headlines once again as news of the company’s acquisition moves hit the industry. According to recent news, Binance acquired a 41% stake on Korean crypto exchange Gopax. origin »
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Redeeming physical NFTs: Easier said than done?.
A number of challenges must be overcome in order for “phygital” NFT projects to gain traction.
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Genesis Global Dismisses Additional 30% of Staff.
Coinspeaker Genesis Global Dismisses Additional 30% of Staff Genesis conducted the latest staff cut after the company informed clients about "reducing costs and driving efficiencies" amid challenging times for many crypto firms. origin »
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ECB Official Pushes for CBDC Development Citing Betterment for Consumers.
Coinspeaker ECB Official Pushes for CBDC Development Citing Betterment for Consumers The ECB executive called the European Union’s Markets in Crypto Assets (MiCA) an important step. ECB Official Pushes for CBDC Development Citing Betterment for Consumers origin »
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