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However, the attorney stressed that the possibility of re-starting FTX is one of many, and any decisions are far from final."There are as many opinions on this, I think, as there are professionals involved in this case," Dietderich said. "And that's a lot." Source
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Blockchain transactions show that the wallet had been accumulating BTC between June 2022 and January 2023 at an average price of $20,083, per data by Bitinfocharts, a website that tracks the on-chain behavior of largest bitcoin holders. Until mid-March, the wallet was the 14th largest BTC holder controlling more than
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On April 12, Yuga Labs' ERC-20 token ApeCoin (APE) briefly surged to $90.00 from around $4.20 apiece on the South Korean cryptocurrency exchange Upbit before most gains were wiped out in a sharp sell-off. However, the token is still trading at $10.90 apiece at the time of publication, representing a
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Gamers in Africa can now send and receive small amounts of Bitcoin (BTC) while playing classic titles like Counter-Strike.Zebedee, a fintech and payments processor targeting the gaming space, has partnered with crypto exchange platform Bitnob to offer payments and gaming reward options in Africa using the Bitcoin Lightning Network (LN).Within
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Between 2019 and 2022, the value of foreign capital that flowed into Nigeria dropped from $23.9 billion to $5.32 billion. The drop has been attributed to low investor confidence, the high cost of doing business, as well as the country’s high inflation rate. Nigeria will “struggle to keep the naira
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The failure of FTX triggered a notable growth of self-custody in 2022, with numerous cryptocurrency investors transitioning from centralized exchanges (CEX) to hardware or software wallets.The rising popularity of self-custody could even potentially erase the need for centralized exchanges one day, according to Binance CEO Changpeng Zhao. But how would
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The GDAC hot wallet hack occurred on April 9 when the perpetrator transferred the asset to unidentified crypto addresses. GDAC crypto exchange, a South Korean WEMIX-listed platform, has announced the loss of nearly $14 million in various digital assets through a system hack. As a result, GDAC has announced the suspension
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Vishal Gupta, who has been the head of exchange at Coinbase, is reportedly leaving his position after more than two years at the United States-based cryptocurrency exchange.According to an April 10 Bloomberg report, Gupta planned to exit Coinbase but remain in the crypto space, suggesting he could be planning to
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South Korean crypto exchange GDAC has been hacked for approximately $13.9 million worth of crypto. The exchange has halted all deposits and withdrawals and is performing emergency server maintenance in response to the attack, according to an April 10 announcement from GDAC CEO Han Seunghwan.Notice on #GDAC Exchange Hack Alert⚠️GDAC
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