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“Regionally, the negative sentiment was focused on the U.S., Sweden and Canada, which all saw either outflows from long investment products or inflows into short products,” said James Butterfill, head of research at CoinShares. “Germany and Switzerland stood out as investors in aggregate, added to long only or sold out
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On-chain sleuth ZachXBT has shared his findings on what he sees as the three most common misconceptions about the FTX hack — taking to Twitter to correct a "ton of misinformation" about the event and the possible culprits. In a lengthy Nov. 20 post on Twitter, the self-proclaimed “on-chain sleuth” debunked
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According to a court filing on Nov. 20, FTX Trading LTD owes its top 50 creditors over $3 billion USD. The document, which was submitted through the United States bankruptcy court for the district of Delaware, was filed as part of the company’s Chapter 11 bankruptcy proceedings.FTX discloses its top
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"Ether may continue to outperform bitcoin as ETH's annual issuance continues to fall rapidly. Therefore, thanks to the transaction fee burn mechanism, any increase in on-chain activity should bring Ethereum firmly into deflationary issuance territory and may have a substantial outsized effect on Ethereum’s price," Josh Olszweicz, head of research
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The monetary policy of the Federal Reserve (FED) continues to be the all-determining factor for both the financial markets worldwide and Bitcoin.
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The UK Information Commissioner has warned that companies are leaving themselves open to cyber attack by ignoring crucial measures like updating software and training staff. The warning comes as the Information Commissioner’s Office (ICO) issued a fine of £4,400,000
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"We had a signed subscription doc in-hand, and their [limited partners] were blue chip firms that have impeccable reputations in the business," she wrote in the letter dated Oct. 7. "In the months that have since passed, though, those LPs backed out and the investor was unable to meet its
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The amount of Bitcoin (BTC) flowing out of cryptocurrency exchanges picked up momentum on Oct. 18, hinting at weakening sell-pressure that could help BTC price avoid a deeper correction below $18,000.Bitcoin forming a "bear market floor"Over 37,800 BTC left crypto exchanges on Oct. 18, according to data tracked by CryptoQuant.
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.October is historically associated with the bulls, but in 2022, the month has also become the leader in crypto hacks as barely halfway through, and
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While 2021 was the biggest year on record for crypto
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