Author: NBTC
Hedge Fund Three Arrows Capital’s liquidator, Teneo, has reportedly transferred 2.18 million STRK tokens, valued at approximately $2.63 million, to Binance over the past three days. According to an X post by the blockchain analytics platform Spot On Chain, Teneo currently retains 130 million STRK, estimated to be worth $157 million. Teneo, #3AC liquidator, deposited 2.18M $STRK ($2.63M) to #Binance in the past three days!Currently, @Teneo still holds 130M $STRK ($157M) of 3AC’s assets in custody, making it the second-largest non-team/CEX STRK-holding wallet.The STRK price dropped 6% (24H) after Vitalik… pic.twitter.com/hea39ENn4p — Spot On Chain (@spotonchain) May 25, 2024 Chinese…
“Crypto liquidity and FX liquidity are sort of coming together,” Tom Higgins, founder and CEO of Gold-i, pointed out to Finance Magnates at iFX EXPO International 2024. “When you’ve got a traditional retail FX broker, and they want to access crypto liquidity, how do they make that happen? It’s different liquidity providers; it’s different ways of accessing it. The technology is similar, but you need different angles on it.” Headquartered in the United Kingdom, Gold-i offers brokers technology for accessing liquidity. Although the company does not provide liquidity, it connects trading platforms to multiple liquidity providers. “The ETF Changed Everything”…
Shiba Inu will crack unprecedented floor prices should it mirror the trajectory of Bitcoin towards the projected $250K and $777K thresholds. The crypto market witnessed a brief struggle with bearish forces as Bitcoin re-entered the $70K range this week. In the last two days, Bitcoin experienced a 7.76% dip, retesting the $66K price level. In comparison, Shiba Inu saw a more significant drop, collapsing by 12%. Meanwhile, Bitcoin has resumed the uptrend, reclaiming a high of $69,220 in the last 24 hours. Altcoins like Shiba Inu have followed suit, with SHIB rallying 6.25% from its earlier low of $0.00002352 to…
Axie Infinity launches Axie Classic Competitive Season 4 with a complete UI revamp and exciting streamer races. Players can now enjoy seamless wallet access with Mavis ID and explore Lunacia using Axie NFT avatars. Axie Infinity has made an amazing announcement: Axie Classic Competitive Season 4 is now available! To kick off the festivities, they are conducting a Streamer Race, encouraging all Axie Classic broadcasters to show off their abilities and climb the ranks in front of a worldwide audience. Lunacians, Axie Classic Competitive S4 is LIVE! And what better way to celebrate than with the Streamer Race? Calling all…
Indian cryptocurrency exchange WazirX has ceased deposits and withdrawals as scammers appear to be targeting the platform’s users. Cryptocurrency exchange WazirX, which recently suffered a $235 million hacker attack, has stopped processing deposits and withdrawals after the platform noticed “impersonators sending emails pretending to be WazirX.” 👋 tribe! Deposits, withdrawals, and trading are currently paused for ALL users.Beware of individuals impersonating us and scamming users. For more details, please refer to this post 👇Stay informed and stay safe 🙏 https://t.co/5ifKBZkHy3 — WazirX: India Ka Bitcoin Exchange (@WazirXIndia) July 22, 2024 In a X post on July 22, the exchange said…
Samson Mow, former CSO at Blockstream and currently chief executive at Bitcoin-focused company JAN3, has taken to the X platform (formerly widely famous as Twitter) to share his take on the current Bitcoin price plunge. He also stated that Bitcoin should realistically be worth more than $0.1 million already, and again he said that he expects a Godzilla candle to appear soon. “Bitcoin scam dip; price should be above $0.1 million” Mow has commented on the bloodbath that the world’s flagship cryptocurrency, Bitcoin, has faced recently. The influencer is definite that this is “artificial price suppression” – he stated that…
Key Points: LayerZero Labs introduces deposit requirements for LayerZero Sybil Bounty submissions. The process will prioritize GitHub reports and bound addresses. LayerZero aims to fight Sybil activity with over 3,000 bounty reports received following the latest airdrop phase. LayerZero Labs, the entity behind LayerZero, a blockchain interoperability protocol, has announced plans to reopen submissions for the LayerZero Sybil Bounty, introducing a deposit requirement. The mechanism aims to ensure the integrity of submissions and deter fraud activity. LayerZero Labs Implements Deposit Requirement for LayerZero Sybil Bounty Submissions Effective immediately, all LayerZero Sybil Bounty hunters must deposit 0.5 ETH from their reward…
An FTX claims broker who’s dealt with Mt Gox, Celsius, and Voyager Digital, has been ordered to repay $1.9 million after he used embezzled funds to invest in crypto and buy expensive jewelry and other luxury items. As reported by the Wall Street Journal, last Thursday a Delaware court ruled that Thomas Braziel, who founded crypto bankruptcy claims firms 117 Partners and 507 Capital, had stolen from a receivership fund connected to a bankrupt firm called Fund.com. Braziel was appointed to liquidate its assets and distribute them to investors. However, he spent the funds on maintaining a luxurious lifestyle, spending…
Bitcoin financial services firm Swan Bitcoin pulled its plan to take the company public, discontinued its managed mining unit and cut staff across several units. Swan CEO Cory Klippsten said in a social media post that the company will still offer bitcoin (BTC) financial services and free bitcoin education. “Without the expectation of significant near-term revenue from our Managed Mining unit, we are pulling our plans to IPO in the near future,” Klippsten wrote in the X post. “Accordingly, Swan is pulling back from our accelerated spending plan for our core financial services business. Unfortunately, this includes staff cuts across…
Bitcoin might face more headwinds from U.S. payroll and unemployment reports today, but they won’t be anything compared to what’s already happening in the markets. Markets were rocked earlier today when the Mt. Gox trustee transferred $2.7 billion worth of BTC out of a cold storage wallet. Although repayments to creditors haven’t started yet, the movement has still spooked investors. At the time of writing, the Bitcoin price has rebounded slightly after sinking below $55,000 during Asia trading hours. Bitcoin is now trading above $55,400 again, but still down 3.8% compared to this time yesterday, according to Coingecko data. But…