Cryptocurrency Analysis and News Portal
Blockchain and web3 innovator nChain has issued a statement responding to accusations made by its former CEO, Christen Ager-Hanssen. Hours after Ager-Hanssen took to social media to announce his departure from the technology company, citing a conspiracy against shareholders, the Zug, Switzerland-based company responded with a statement of its own. I can
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Phillip Gillespie, former co-CEO of crypto trading firm B2C2, is caught up in allegations involving drug use and inappropriate relations with a young intern. The claims against Gillespie emerged as part of a lawsuit filed in New Jersey by Bradley Nagela, the firm’s global head of options trading. The 19-year old intern,
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Amid an extended crypto winter that has cooled NFT trading, platforms like Blur, Binance and Astaria have introduced new lending options to boost liquidity. While some traders support NFTfi, others say the trend is risky. Source
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Eun Young Choi, director of the National Cryptocurrency Enforcement Team (NCET), said the DOJ is targeting crypto exchanges that allow "criminal actors to easily profit from their crimes and cash out," as a means of fighting crypto crime which she said has grown "significantly" in the last four years. Source
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Regulators in the tech-friendly nation say they’ll return to business-as-usual monitoring after money laundering fears led it to take a tough line. Original Source
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Blockchain analytics provider CryptoQuant has released a report analyzing the recently released proof of reserves audit of the world’s largest crypto exchange, Binance.Centralized exchanges have been cast into the spotlight over the past month following the collapse of FTX, none more so than Binance which has been scrambling to reassure
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“At the time Binance’s Proof of Reserves report was conducted, CryptoQuant’s estimate of Binance’s BTC reserves (liabilities) was 591,939 BTC. This compares to the PoR report’s Customer Liability Report Balance of 597,602 BTC. We can see that CryptoQuant data covered 99% of Binance's liabilities,” CryptoQuant wrote, using the ticker symbol
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Yields on long-dated U.S. Treasuries have been erratic this year and this week, the 10-year Treasury yield crossed 3.5% for the first time in a decade. Following the Fed’s 75bps (basis points) rate hike, 10-year notes reached 3.642% and two-year Treasury notes jumped to a 15-year high at 4.090%. The
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The Prudential Authority of the Reserve Bank of South Africa sent out guidelines in effort to prevent illicit activities to its subsidiaries, which included encouragement not to cut off all ties with cryptocurrency. It suggested that such an act could cause greater risk in the long run.The official notice was signed
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Economics is the study of human behavior involving scarce resources — and the effects those behaviors have on those resources, explains Roderick McKinley. Tokenomics in crypto is a related but different field. Tokens are a way for projects to raise funds and build communities, and designing the way they work
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