Cryptocurrency Analysis and News Portal
As the bankruptcy proceedings take shape, chances are that these current withdrawals will be investigated and thanks to on-chain data, the flow of funds can easily be tracked.Alameda Research, the defunct trading firm belonging to the Sam Bankman-Fried, the founder and former Chief Executive Officer of bankrupt cryptocurrency trading platform,
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The move came days after Sam Bankman-Fried posted a bail bond and was temporarily freed from jail. Original Source
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The trader, identified on Twitter and tagged by blockchain analysts as Avraham Eisenberg, borrowed 40 million Curve (CRV) tokens (worth $20 million at the time) using the decentralized lending platform Aave, then transferred them to the OKEx crypto exchange. Original Source
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Dogecoin witnessed a significant growth trend in 2021. This remarkable feat connects to the influence of Tesla’s CEO and billionaire, Elon Musk.
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Over the last 24 hours, thousands of crypto traders have lost their positions in the market. The liquidations had ramped up, especially
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The general crypto market has seen some positive price rally in 24 hours. Many of the coins are trading in greens, including
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Some of the issue lies in the mechanics of NFT trading, where floor prices will adjust as ETH’s price fluctuates against the U.S. dollar. Despite ETH’s climb from $1,000 to nearly $2,000 in the past month, lending services like BendDAO remain denominated in their originally lended token, causing some Bored
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No one can say that the crypto winter is over yet, But the good news is that Bitcoin and ETH seem to have gained significant momentum in the past 24 hours. This greenish price movement has caused many investors to liquidate their short positions. Another good news is that the global
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On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Tether.” According to the stablecoin issuer, the bitcoin loan to Celsius was “overcollateralized” by roughly “130%+.” Tether
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Summary: Tether has released a statement explaining how it liquidated its loan with Celsius Network. According to Tether, the loan was liquidated without losses to the company and according to an agreement by both entities. The loan was denominated in Bitcoin, with some estimates putting its value at $1 Billion. Tether, the company behind
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