Investigation finds FTX bankruptcy lawyer didn’t conspire with exchange
An independent probe found that Sullivan & Cromwell was not complicit in the now-defunct exchange’s fraud.
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Bitcoin derivatives show a lack of confidence from bulls
Bitcoin (BTC) has been trending up since mid-July, although the current ascending channel formation holds $21,100 support. This pattern has been holding for 45 days and could potentially drive BTC towards $26,000 by late August.Bitcoin/USD 12-hour price. Source: TradingViewAccording to Bitcoin derivatives data, investors are pricing higher odds of a downturn, but recent improvements in…
Bitcoin Price Fights to Hold $9.5K to Stave Off a Trend Reversal
On Feb. 20 Bitcoin (BTC) price surprisingly dropped 8.85%, a move which caught many investors off guard as up to that moment the digital asset had recovered well from the President’s Day weekend correction and was trading sideways in the $10,200 range. Citing data from CoinMetrics, ARK Invest crypto analyst Yassine Elmandjra tweeted that the…
July crypto hacks total $266M, WazirX leads losses
July witnessed $266 million in cryptocurrency losses from 16 attacks, with WazirX being the largest victim of North Korean hackers.
Turkey proposes aligning crypto legislation with international standards
The draft law aims to govern crypto asset service providers, crypto asset platform operations, crypto asset storage, and crypto asset buying, selling and transfer transactions.
Bitcoin liquidates over $1 billion as BTC price hits 6-week highs
The tally of "rekt" traders keeps mounting as Bitcoin revisits levels absent since September. 250 Total views 5 Total shares Bitcoin (BTC) saw its highest levels since mid-September on Oct. 26 as BTC/USD approached the pivotal $21,000 mark.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBears lose big as Bitcoin climbsData from Cointelegraph Markets Pro and TradingView…
Operator of Newly Launched Binance US Appoints Former Ripple Exec as New CEO
The operator of United States-based division of Binance crypto exchange has appointed former Ripple exec as its new CEO, the company officially announced on July 2.BAM Trading Services (BAM), the operator of recently launched Binance US, has hired Catherine Coley, former liquidity management expert at Ripple, to oversee the launch of Binance US and bring…
Bitcoin Options Launch Imminent as CME Open Interest Hits 7-Month High
Bitcoin (BTC) futures traders generated at least $20 billion in daily volume last week as two new options products prepared to hit the market. According to data released by futures provider CME Group on Jan. 9, its futures contracts alone saw open interest almost 70% higher than at the end of 2019.“Serious” volume precedes options debutOpen…
Orchid Labs CEO Says New VPN Seeks to Enhance Privacy Rights
U.S.-based company launched a VPN app for iOS users after witnessing a surge in VPN services demand across the world. 1130 Total views 23 Total shares On July 9, peer-to-peer bandwidth market company, Orchid, announced the official launch of its crypto-enabled VPN app in the Apple App Store. This move comes after the company witnessed…