Trader’s acquisition of $1.5M CryptoPunk for $23K raises eyebrows
A trader acquires a rare Ape-themed CryptoPunk valued at $1.5M for just 10 ETH using a smart contract mechanism that allows a shotgun buyout.
Related Posts


3 reasons Bitcoin price is quickly recovering from its ‘severe’ 23% correction
The price of Bitcoin (BTC) quickly recovered from around $44,800 to over $50,000 within merely 22 hours. Behind the rapid recovery are three major factors, including low funding rates, Square's $170 million Bitcoin purchase, and the spot market stabilizing.Bitcoin futures funding rates substantially dropAcross major futures exchanges, including Binance, Bybit and Bitfinex, the funding rate of…

Nations to adopt Bitcoin, crypto users to reach 1B by 2023: Report
Global crypto users could top a billion by the end of 2022, according to a new report by Crypto.com. 2148 Total views 25 Total shares There’s a beacon of hope for battered Bitcoin (BTC) bulls. A promising report from Crypto.com predicts that global crypto users could reach one billion by the end of 2022.The report…

Nicholas Merten of DataDash predicts a ‘cold winter’ for the crypto market
Episode four of Cointelegraph’s Crypto Trading Secrets podcast features an interview with Nicholas Merten, who shared his opinions on the crypto bear market and more. 77 Total views 2 Total shares Own this piece of history Collect this article as an NFTNicholas Merten, a crypto trader and the creator of the DataDash YouTube channel, joined…

‘Buy Bitcoin’ Says Expert as Argentina Imposes $10K Limit for Citizens
Argentina has reimposed capital controls, limiting citizens’ and businesses’ freedom to buy foreign currency.As Bloomberg reported on Sep. 1, the increasingly troubled South American nation took the step as the Argentine peso (ARS) suffers overwhelming losses against major fiat currencies such as the U.S. dollar.Argentina puts $10K limit on dollar accessArgentina has shown an affinity…

Crypto exchange refuses to name names for Belarusian government
Kuna’s founder stated that the exchange does "not support violence" or "engage in dialogue with opponents." Ukraine-based crypto exchange Kuna.io is refusing to provide personal information about individuals who could potentially be labeled as dissidents by the government of Belarus.According to an Oct. 5 Facebook post from Belarus Solidary Foundation, or BYSOL, founder Andrej Stryzhak,…

Bitcoin futures open interest on CME nears 2021 all-time high
Bitcoin (BTC) futures open interest has reached $5.2 billion on the global derivatives giant Chicago Mercantile Exchange (CME), $200 million shy of its late October 2021 all-time high.Open interest in CME’s Bitcoin futures has grown from $3.63 billion to $5.20 billion over the last 30 days, according to Coinglass data. The open interest surge has

Mt. Gox’s suspected Bitgo $2.1B BTC wallet activates
A test transaction from a dormant Mt. Gox wallet triggers speculation of Bitgo’s role in the ongoing Bitcoin distribution to creditors.

Traditional Exchanges Pull Back From Reg A+ IPOs Due to Fraud Concerns
Traditional exchanges are holding off on Reg A+ initial public offerings (IPOs) following problematic offerings like that of purported cryptocurrency firm Longfin Corp., the Wall Street Journal (WSJ) reported on June 10.Earlier in June, the United States Securities and Exchange Commission’s (SEC) filed fraud charges against Longfin. The SEC claimed that Longfin fabricated 90% of…