Thursday, March 28, 2024
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Onchain Data Points to Billions in Outflows from Binance Following SEC Lawsuit, CEO CZ Responds

Following reports of increased outflows after news of the lawsuit broke, Binance CEO CZ argued that there was potential for on-chain data to be misinterpreted. Crypto exchange Binance has experienced billions of dollars in outflows over the past week. This is according to on-chain data from various data analytics platforms. The

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Binance CEO CZ responds as data points to billions in exchange outflows

While data suggests that crypto assets have been flowing out of centralized exchanges at an accelerated pace over the last week, Binance CEO Changpeng Zhao argues it may not be as bad as it appears. Leading analytics platforms such as Nansen and DeFiLlama have all measured increased exchange outflows from Binance

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Microsoft Reportedly to Invest Billions of Dollars in CoreWeave to Accelerate Availability of AI Technology

An unconfirmed report states Microsoft and CoreWeave have entered a business partnership worth billions of dollars, to support AI advancement. Microsoft Corporation (NASDAQ: MSFT) is reportedly diving deeper into the AI space and is partnering with specialized cloud provider CoreWeave on a deal worth billions of dollars. The tech giant is

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Libra-related Sui blockchain fixes critical bug that put ‘billions’ at risk

The Sui blockchain network quietly fixed a bug that could have put “billions of dollars” at risk, according to a May 16 announcement from Zellic, the security firm hired to audit the network’s security.Loss of Funds Bug in Aptos and SuiQuick spotlight on an unpublished (but fixed) loss-of-funds bug in

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Alameda Research Sues Grayscale Investments Seeking to Unlock Billions in Value for Shareholders – Bitcoin News

FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin and Ethereum Trusts. The debtors allege that “Grayscale has extracted over $1.3 billion in exorbitant management fees in violation of the

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