FBI seizes $6M from crypto scammers targeting US citizens
Tether said it aided in recovering the stolen crypto by freezing the scammers’ wallets, which the FBI then seized.
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Binance.US solves USD withdrawal issues but warns it won’t last long
“While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future,” said Binance.US. U.S. crypto exchange Binance.US has informed customers it has resolved its U.S. dollar withdrawal issues after working with its banking partners but warns the relief may not last.The reportedly independent…
Crypto Industry Divided Over Introducing Circuit Breakers on Exchanges
Since the inception of Bitcoin, volatility has been a part of the cryptocurrency narrative even before exchanges and the current mainstream mentions. Now that traditional markets are showing volatility further exacerbated than anti-fragile cryptocurrency during the coronavirus pandemic, the community is seeing how traditional marketplaces like the New York Stock Exchange handle equity and commodity…
Bitcoin flippens South Korean won, closes in on Google
The crypto asset just won over the won. 2804 Total views 9 Total shares The market capitalization of Bitcoin recently rose above $1 trillion once again. Now the asset has surpassed the total market cap of the South Korean won.According to data from AssetDash, the Bitcoin (BTC) market cap is $1.057 trillion at time of…
Microsoft Windows data blackout downs major financial firms, airlines
Global Microsoft Windows failure possibly linked to a CrowdStrike software update has disrupted critical services worldwide, hitting banks with widespread online banking outages and grounding flights.
Past rate cuts indicate potential crypto bull market catalyst — 21Shares
The US Federal Reserve is expected to begin lowering its benchmark interest rate in September.
$5.3b Asset Manager Invests in US-Hosted Antminer S19s
Two weeks after announcing it had purchased a record 17,595 Antminer S19 ASICs, Core Scientific has announced an expanded partnership with a multi-billion hedge fund. 854 Total views 28 Total shares United States-based crypto mining host Core Scientific has announced that the $5.3 billion asset manager and hedge fund Horizon Kinetics has upgraded its investment…
Bitcoin Price Stays Above $10,000 as Overall Crypto Market Sees Green
Thursday, Aug. 22— Bitcoin (BTC), Ether (ETH), and XRP are all in the green. These top three coins fell from Monday to Wednesday, but are moving upwards again. Top cryptocurrencies are generally green across the board. Market visualization. Source: Coin360Bitcoin is trading over $10,120 at press time, representing a 0.08% price increase on the day. One…
3AC liquidators look to recoup $1.3B from founders
The report came precisely one year after a court in the British Virgin Islands ordered Three Arrows Capital into liquidation. Teneo, the liquidator behind bankrupt hedge fund Three Arrows Capital (3AC), is reportedly seeking to recover roughly $1.3 billion in funds from 3AC founders Su Zhu and Kyle Davies.According to a June 27 Bloomberg report,…