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On-chain data shows the Bitcoin exchange depositing transactions are now at a 4-year low, indicating that the bottom may be here. Bitcoin 30-Day MA Exchange Depositing Transactions Have Declined As pointed out by an analyst in a CryptoQuant post, the metric’s current levels are the same as in Q1 2019. The “exchange
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On Dec. 19, the Twitter account Zachxbt revealed he discovered five cold wallets from the now-defunct Quadrigacx crypto exchange move 104 bitcoin. The following day, ‘big four’ accountancy firm EY, Quadrigacx’s bankruptcy court trustee, explained it did not authorize the spending of the funds and that prior reports detailed that
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Big Four auditor EY said in a statement that it was "aware" of the bitcoin transactions moving out of Quadriga's cold wallets. Source
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Binance has made transfers worth several billion dollars since the downfall of FTX.Many of these transactions are associated with proof of reserves demonstrations undertaken by centralized exchanges.A recent transaction of $2 billion caught the attention of on-chain whale watchers.Changpeng Zhao has stated that the transaction was to prove ownership of
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Blockchain data from Etherscan shows that a crypto account associated with the FTX exploiter moved a total of 180,000 ether (ETH) – worth roughly $200 million at current prices – to twelve crypto wallets Monday, with each wallet receiving 15,000 ETH over a period of minutes. Source
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A blog by Emma Bate 17 November 2022 It’s important that businesses and organisations know how to protect people’s personal information when making international
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MakerDAO is one of the first and largest decentralized lending protocols, often tagged as the central bank of crypto. It also issues the $6 billion stablecoin DAI, whose value is backed by some $8 billion assets in its reserve. The protocol is governed by a decentralized autonomous organization (DAO), where
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On Tuesday, October 18, researchers from the crypto analysis platform Cryptoquant identified an outflow of 48,000 bitcoin coming from the trading platform Coinbase Pro. According to the researcher’s summary of the situation, a large portion of the funds were old coins. Whale Transfers 48,000 Bitcoin Amid Coiled Market While bitcoin (BTC)
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On Oct. 18, Silvergate Capital, a crypto-fiat gateway network designed for financial institutions, announced its financial results for Q3 2022.The bank, known for services such as processing consumer fiat deposits to cryptocurrency exchanges, saw the transfer volume on the Silvergate Exchange Network plummet close to $50 billion compared to Q3
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