Cryptocurrency Analysis and News Portal
While early reports indicated that the transaction originated from centralized exchange Bitfinex, DeversiFi’s tweet seems to indicate that it was an internal transaction. Both Etherscan and on-chain analytics service Nansen have the originating address labeled as belonging to Bitfinex, and the address holds nearly $1.5 billion in ETH – orders
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press release PRESS RELEASE. LD Capital announced it established a 50 million US dollars FOF towards supporting high-quality blockchain funds worldwide. Besides the financial support, hundreds of the projects invested by LD Capital will be shared as resources to the participated funds with post-investment services such as strategy consulting, market
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The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities. The platform is suspected of processing hundreds of millions of dollars in crypto transactions related to scams, ransomware attacks, darknet markets, and the infamous BTC-e exchange. OFAC Adds Russian Crypto OTC Exchange Suex
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“This improved sentiment could be a seasonal phenomenon, but we are not seeing a commensurate rise in volumes in investment products,” said a CoinShares report published Monday. “This suggests that some investors are taking advantage of recent price weaknesses and the continued rise in alt-coin popularity,” added the report. Source
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The New York Attorney General (NYAG) has won a victory against crypto exchange Coinseed for its dodgy dealings with Dogecoin and defrauding its customers. On Sept. 13 NYAG Letitia James ordered Coinseed Inc. to permanently halt operations and pay $3 million in fines after it had been accused of freezing withdrawals
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Cream Finance is a decentralized finance protocol to repay users for the flash loan hack on its platform. The hack of nearly $19 million occurred on Aug 30, 2021. Cream Finance puts news of a post-mortem to the massive exploitation of the AMP flash loan. The protocol promises to repay the
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Texas-based investment manager U.S. Global Investors, which reported $4.6 billion in assets under management as of Q1 2021, has bought exposure to Bitcoin.According to Aug. 30 filings from the U.S. Securities and Exchange Commission, U.S. Global Investors added more than $566,389 worth of shares of Grayscale Bitcoin (BTC) Trust, or
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Bazaar Technologies, a Pakistani blockchain marketplace, successfully raised about $30M in Pakistani’s biggest Series A round. An announcement made by Bazaar states that August 24th will be the closing of its raise. It also reveals that Singapore’s Wavemaker Partners and Silicon Valley-based Defy Partners were the leaders of the funding round. Many
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Coinbase is under fire for terrible customer service following reports of users accounts being hacked and drained of funds. According to an Aug. 24 investigation by CNBC, thousands of customers across the country have lodged complaints against the company.The outlet stated that it had interviewed numerous Coinbase customers who claimed hackers
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Presently, the staking contract of Eth2 has become the largest holder of Ethereum. Moreover, it is compliant with ERC-20 standards and leads the other projects using the same tokens. The blockchain analytics source Nansen carries that the staking contract of Eth2 has exceeded that of WETH (Wrapped Ethereum) and is now
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