Cryptocurrency Analysis and News Portal
Following evidence of political affiliations unearthed by an FBI agent, a government witness in Sam Bankman-Fried’s criminal trial provided financial analysis pointing to conspiracy and fraud based on FTX and Alameda’s bank records. An FBI analyst plus a former FTX and Alameda executive testified to Bankman-Fried’s courting of the political class
Read More
Since the release of The Register’s article, multiple people told CoinDesk they suspect that some scammers posing as victims have tried to infiltrate the victims’ Telegram group to collect information on what they know and which authorities they’ve spoken to, causing more distrust among members who already have lost a
Read More
Crypto tracking platform MistTrack has followed funds taken in the Harmony bridge hack, publishing a list of 350 addresses associated with the attack. North Korea’s state-sponsored Lazarus Group is thought to be behind the hack. According to a Twitter thread posted on Jan. 23, the funds were transferred through various exchanges in an
Read More
While Three Arrows Capital used its tens of billions of dollars of assets under management to invest in new projects and take large market positions, it also operated an over-the-counter trading desk called Tai Ping Shan (TPS) Capital. The entity was once described on LinkedIn as "the official OTC desk
Read More
Bitcoin is back on the green side across the board with important gains on lower timeframes. The benchmark crypto managed to push away from the high area around $30,000, taking off deep into the $40,000 territory. Related Reading | Is The Bitcoin Bottom In? Here’s What SOPR Data Says As of press
Read More
After what looked to be a month of prosperity following the August bull run, Bitcoin has now entered into an era of increasingly bearish signals. The asset had seen a number of rallies that pushed it over two-month highs, successfully breaking above the $52K resistance range on a number of
Read More
Crypto lending products have come under scrutiny from security regulators in some jurisdictions across the United States. While these enforcement actions have come from agencies at the state level, there have been indications that the Securities and Exchange Commission (SEC) was also set to go on the offensive.Thus, it was
Read More
Governance, it is often said, is one of the most important issues in the crypto industry. But whether democracy makes blockchain products better or just devolves into fights over wealth remains an open question. One relevant test case just closed on Uniswap, though, offering a glimpse of what may be more
Read More
Transaction data associated with crypto wallets used in the infamous Twitter hack suggests that out of the total of $123,000 worth of bitcoin (BTC), about 22% (approx. 2.89 BTC) was sent to an address, that blockchain analysis firm Elliptic believes is a Wasabi wallet. Hackers Using Wasabi Wallet to Erase Digital
Read More
Top shelfDigital DollarsOn Thursday the House Financial Services Committee (FSC) Task Force on Financial Technology convened on Capitol Hill to discuss the possible role of a digital dollar is distributing COVID-19 relief payments. The watchdogs discussed FedAccounts, or cryptographic wallets held by the Federal Reserve, for commercial banking services. The National
Read More