FTX estate sold most of its Grayscale Bitcoin Trust Shares: Report
The FTX estate held 22.28 million shares of GBTC but sold more than two-thirds of them at the start of spot ETF trading.
The FTX estate held 22.28 million shares of GBTC but sold more than two-thirds of them at the start of spot ETF trading.
According to Roman Storm, his criminal case over the use of Tornado Cash will “set major precedent for years to come.”
Vivek Ramaswamy and Ron DeSantis quit the U.S. presidential race, while Donald Trump promised to “never allow” a CBDC in the country.
We could have machines capable of breaking RSA encryption by 2030, but quantum sensing and other beneficial applications should arrive first.
The FTX hedge fund accused Grayscale of a “self-imposed redemption ban,” but funds are leaving quite actively now.
“Fiat is the preferred currency for financial crimes,” said a Community Note providing context to Elizabeth Warren’s Jan. 21 tweet on crypto and sanctions.
While the review wasn’t comprehensive, its findings indicate the transition from human employees to AI workers won’t be as swift as many pundits have predicted.
CoinShares’ report noted that Bitcoin outflows rose last week, while trading volume for spot BTC ETFs totaled $11.8 billion.
Grayscale sent BTC worth an estimated $700 million to Coinbase to start the week, with BTC price action weakening.
No specific crypto addresses were listed in the sanctions, which included members of the Shamlakh family and the Herzallah Exchange.
An attacker used a “social engineering attack” to compromise the protocol’s deployer private key, which was then used to mint tokens and burn them drain funds.
Bitcoin developers can potentially remove Bitcoin’s 21-million supply limit, but miners are unlikely to accept such a change.
The exchange received regulatory approval to offer crypto trading to Hong Kong retail investors last August.
Why send 26.9 Bitcoin to Satoshi Nakamoto’s inactive wallet? Cointelegraph gathered the most outlandish theories and asked crypto industry leaders for their craziest hypotheses.
A research report from Crypto.com estimates the number of worldwide cryptocurrency users surged to 580 million people in 2023.
Crypto asset losses from the network went from $1.1 billion in 2022 to around $161 million in 2023.
Bitcoin hodlers have been busy derisking — even before the ETF launch — and the BTC price desperately needs a liquidity boost.
JPMorgan CEO Jamie Dimon’s recent attack on the Bitcoin ecosystem made Redditors believe that it may be a calculated move to drive the price down to accumulate more BTC for himself.