Crypto

FTX and Alameda Research wallets send $13.1M in crypto to exchanges overnight

The crypto wallets linked to the now-defunct crypto exchange FTX and its sister trading firm, Alameda Research, have sent over $13 million in different altcoins to numerous crypto exchanges as of Nov. 1. According to data from on-chain analysis firm Spotonchain, the FTX wallet first transferred $8.12 million worth of altcoins to Coinbase. The assets […]

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Bitget celebrates the 100th Republic Day of Turkey with ₺1 million TL scholarships and activities – CoinJournal

Victoria, Seychelles, November 1st, 2023, Chainwire Bitget, the leading cryptocurrency derivatives and copy trading platform, has announced an array of exciting activities with its Turkey-based users in celebration of the 100th Republic Day of Turkey, including a ₺1 million TL scholarship, Bitget blue scooters, and enticing airdrops. In support of the youth of Turkey, Bitget

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Tether attestation shows cash & cash equivalents rose to 85.7% – CoinJournal

Tether, the issuer of the USDT stablecoin, has released its Q3, 2023 attestation report. It shows the company’s cash and cash equivalents increased to 85.7% of reserves, with $72.6 billion in US T-Bills. Tether holds $1.7 billion in BTC and $3.1 billion in gold. Tether has released its attestation report for Q3, 2023 that shows

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Bitcoin futures data highlight investors’ bullish view, but there’s a catch

Bitcoin (BTC) price surged by 26.5% in October and several indicators hit a one-year high, including the BTC futures premium and the Grayscale GBTC discount.  For this reason, it’s challenging to present a bearish thesis for BTC as data reflects the post-FTX-Alameda Research collapse recovery period and is also influenced by the recent increase in

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Cosmos (ATOM) brings IBC-enabled dApps to Avalanche – CoinJournal

Cosmos’ IBC-enabled dApps are coming to Avalanche via the Landslide Network protocol. Landslide will release a testnet on November 1. The development will benefit both Cosmos and Avalanche ecosystems. Cosmos Hub (ATOM), Avalanche (AVAX) and more than 100 IBC-enabled chains are set to benefit from interoperable connection thanks to the integration of the Inter-Blockchain Communication

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Slumdog billionaire: Incredible rags-to-riches tale of Polygon’s Sandeep Nailwal

From his childhood living in a ghetto on the east bank of the Yamuna river in Dehli to launching the $6-billion Polygon blockchain, Sandeep Nailwal has an incredible rags-to-riches tale. Now happily ensconced in the futuristic, air-conditioned cityscape of Dubai, he tells Magazine he was born in a farming village in 1987 with no electricity

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Crypto startup Bastion secures money transmitter licenses in US

Bastion, a new cryptocurrency startup created by former Andreessen Horowitz (a16z) executives, has secured two money transmitter licenses (MTL) in the United States. Bastion has acquired MTLs in New Hampshire and Arkansas, the first two licenses obtained by the firm, Bastion announced on Oct. 31. The new licenses, granted by the New Hampshire Banking Department

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Spain to implement MiCA six months ahead of EU deadline

Spain fast-tracks MiCA Act to December 2025, ahead of EU deadline. Spain aims to boost legal security and protection for Spanish crypto investors. Leading global exchanges have secured regulatory green light in Spain. Spain is set to take the lead in implementing the European Union’s comprehensive cryptocurrency regulatory framework, the Markets in Crypto-Assets (MiCA) Act,

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Are Bitcoin ETFs headed for one epic Gensler ‘rugpull?’ Analysts weigh in

There’s a slim chance the United States Securities and Exchange chief Gary Gensler could pull the plug on spot Bitcoin (BTC) exchange-traded funds in one “amazingly sadistic” move, according to Bloomberg ETF analysts.  In an Oct. 31 tweet directed at senior Bloomberg ETF analysts James Seyffart and Eric Balchunas, ETF commentator Dave Nadig posed whether

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