Bitfinex to refund investors of its failed El Salvador Hilton hotel project
Bitfinex intends to refund all investors but is firstly awaiting a potential new offer from the debt issuer to keep the project alive.
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Two builders produce 88% of Ethereum blocks in October, raising concerns
Some analysts don’t see this as a centralization concern due to the Ethereum network’s underlying builder-proposer architecture.
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Bankman-Fried claims: ‘I unknowingly commingled funds’ at DealBook Summit
Sam Bankman-Fried was speaking at the New York Times' DealBook Summit live on Nov. 30. 165 Total views 2 Total shares Former FTX CEO Sam Bankman-Fried has claimed to have “unknowingly commingled funds” between Alameda and customer funds at FTX.Bankman-Fried was speaking at the New York Times’ DealBook Summit via video conference on Nov. 30,…
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Fed starts ‘stealth QE’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) begins a new week with a bullish surge above $22,000 as the Federal Reserve injects liquidity into the United States economy.In a move which can rival any classic Bitcoin comeback, BTC/USD is up a full 15% off the two-month lows seen on March 10.The volatility — and at least temporary relief for bulls…
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Polygon MATIC may be ‘brewing’ reversal amid sudden spike in onchain activity
On-chain activity for the Ethereum layer-2 network has picked up recently, but token prices remain at deep bear market levels.
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Crypto Twitter is not happy with the name and logo of Jamaica’s CBDC
The Jam-DEX is named after the Jamaican Digital Exchange following a competition. Its slogan is “no cash, no problem!” 518 Total views 8 Total shares The Bank of Jamaica revealed the name of its upcoming central bank digital currency (CBDC) after a design competition, only to receive backlash from the local crypto community. The central bank…
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Coinbase launches Stand With Crypto advocacy group in Australia
The Coinbase-backed policy initiative has expanded to Australia in a bid to educate local policymakers on the benefits of blockchain.
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OpenSea investor marks down stake in platform by 90%: Report
OpenSea’s co-lead investor Coatue Management marked down its investment from $120 million to $13 million. 321 Total views 2 Total shares United States tech investment firm Coatue Management has marked down the value of its stake in non-fungible token (NFT) platform OpenSea by 90%. On Nov. 7, The Information reported on a document it reviewed showing
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Bitcoin eyes $58K as spot-driven BTC bounce makes rally ‘look sustainable’
Organic growth from spot traders opens up key resistance levels closer to $60,000 for BTC/USD, analysts argue. 1603 Total views 26 Total shares Bitcoin (BTC) is riding high on the back of a "very low and healthy" indicator, according to one market analyst, which could propel it to a key resistance level at $58,000.In a…