Tuesday, March 28, 2023
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Only 4 people controlled Tether Holdings as of 2018: Report

A group of four men controlled 86% of stablecoin issuer Tether Holdings Limited as of 2018, according to documents obtained by The Wall Street Journal in connection with United States authorities investigations.New York Attorney General and Commodity Futures Trading Commission probes into Tether in 2021 exposed its previously unknown ownership

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Crypto Exchange Binance Controlled 92% of Bitcoin Spot Trading Volume at End of 2022: Arcane Research

Chatter about the solvency of Binance increased significantly after the collapse of FTX, and the exchange did suffer some outflows for a short period, though things have stabilized since. A market share this high could become problematic for the industry if Binance were to encounter any issues, whether regulatory or

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64% of staked ETH controlled by five entities — Nansen

A report from blockchain analytics platform Nansen highlights 5 entities that hold 64% of staked Ether (ETH) ahead of Ethereum’s highly anticipated Merge with the Beacon Chain.Ethereum’s shift from proof-of-work to proof-of-stake is set to take place in the coming days after final updates and shadow forks have bee completed in

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21Shares launches S&P risk controlled Bitcoin and Ether ETPs

With cryptocurrency markets shrinking over 50% this year, 21Shares are working to replicate S&P Dow Jones Indices’ benchmarks with its new risk-adjusted crypto investment products.The Swiss crypto investment firm 21Shares has launched two new exchange traded products (ETP) offering investors exposure to the largest cryptocurrencies — Bitcoin (BTC) and Ether

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Kim Dotcom Says ‘US Is Beyond Bankrupt,’ Digital Entrepreneur Predicts a ‘Controlled Demolition of Global Markets’ – Economics Bitcoin News

On June 5, 2022, the entrepreneur and activist known as Kim Dotcom published a post on Twitter and said it “may be the most important thread” he ever makes concerning a major global collapse. In the thread, Dotcom specifically highlights the American economy and he claims the “U.S. is beyond

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One-fifth of global Bitcoin hash rate is now controlled by listed companies

A recent report has shown that nearly one-fifth of the total share of Bitcoin’s hash rate now belongs to publicly-listed mining companies.The report, published by Arcane Research, details that publicly-listed Bitcoin (BTC) mining companies now account for 19% of Bitcoin’s total hash rate, growing considerably from a mere 3% in

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