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Alibaba Signals Major Crypto Push By Joining This Blockchain Network.
Alibaba Cloud has trumpeted a series of collaborations with popular networks and organizations in recent times, however with its latest collaboration with Avalanche, it has finally stepped into the crypto-space to further accelerate the tech giant’s support for Web3.
Alibaba Cloud has trumpeted a series of collaborations with popular networks and organizations in recent times, however with its latest collaboration with Avalanche, it has finally stepped into the crypto-space to further accelerate the tech giant’s support for Web3.
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Binance suspends trader’s account after complaints on Twitter
Crypto exchange Binance closed a trader account on Dec. 9 after a user complained about the exchange’s response for alleged funds theft. Binance CEO Changpeng “CZ” Zhao said the firm does not want to service “unreasonable” clients.
Source ⚡️
Crypto exchange Binance closed a trader account on Dec. 9 after a user complained about the exchange’s response for alleged funds theft. Binance CEO Changpeng “CZ” Zhao said the firm does not want to service “unreasonable” clients.
Source ⚡️
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Breaking: FTX founder Sam Bankman-Fried arrested, set to be extradited to US
Sam Bankman-Fried has been arrested by authorities in the Bahamas at the request of the U.S. government, just a day before the disgraced former FTX CEO was due to testify before Congress.
Source ⚡️
Sam Bankman-Fried has been arrested by authorities in the Bahamas at the request of the U.S. government, just a day before the disgraced former FTX CEO was due to testify before Congress.
Source ⚡️
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US Senate banking chair floats possibility of banning crypto
United States Banking Committee chairman Sherrod Brown has suggested that the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) should perhaps consider a ban on cryptocurrencies.
Brown’s comments were made during a Dec. 18 appearance on NBC’s “Meet the Press,” although the senator quickly added that a ban would be difficult to enforce:
Source 📰
United States Banking Committee chairman Sherrod Brown has suggested that the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) should perhaps consider a ban on cryptocurrencies.
Brown’s comments were made during a Dec. 18 appearance on NBC’s “Meet the Press,” although the senator quickly added that a ban would be difficult to enforce:
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Twitter adds BTC and ETH price indexes to search function
Social media platform Twitter has added a new crypto feature that enables users to search the price of Bitcoin (BTC) and Ether (ETH) simply by typing their names or tickers into the search tab.
The new feature is an improvement of "$Cashtags" and was announced by the Twitter Business account on Dec. 21.
Source 📰
Social media platform Twitter has added a new crypto feature that enables users to search the price of Bitcoin (BTC) and Ether (ETH) simply by typing their names or tickers into the search tab.
The new feature is an improvement of "$Cashtags" and was announced by the Twitter Business account on Dec. 21.
Source 📰
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Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal
Caroline Ellison, the former chief executive officer of Alameda Research, said as part of her plea deal that she was aware FTX funds had been made available for the venture capital firm’s investments.
In a transcript of proceedings for her plea deal in the Southern District of New York released on Dec. 23, Ellison acknowledged the financial ties between FTX and Alameda at the center of prosecutors’ case against former FTX CEO Sam Bankman-Fried. According to the former Alameda CEO, Alameda had access to a “borrowing facility" through FTX from 2019 to 2022.
Source 📰
Caroline Ellison, the former chief executive officer of Alameda Research, said as part of her plea deal that she was aware FTX funds had been made available for the venture capital firm’s investments.
In a transcript of proceedings for her plea deal in the Southern District of New York released on Dec. 23, Ellison acknowledged the financial ties between FTX and Alameda at the center of prosecutors’ case against former FTX CEO Sam Bankman-Fried. According to the former Alameda CEO, Alameda had access to a “borrowing facility" through FTX from 2019 to 2022.
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400M Twitter users' data is reportedly on sale in the black market
400 million Twitter users’ data containing private emails and linked phone numbers have reportedly been up for sale on the black market.
Cybercrime intelligence firm Hudson Rock highlighted a “credible threat” via Twitter on Dec. 24 in which someone is supposedly selling a private database containing contact information of 400 million Twitter user accounts.
Source 📰
400 million Twitter users’ data containing private emails and linked phone numbers have reportedly been up for sale on the black market.
Cybercrime intelligence firm Hudson Rock highlighted a “credible threat” via Twitter on Dec. 24 in which someone is supposedly selling a private database containing contact information of 400 million Twitter user accounts.
Source 📰
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Former Chinese central banker says digital yuan ‘usage has been low’
A former official of the People’s Bank of China (PBOC), the country’s central bank, has expressed disappointment that China’s digital yuan is seeing little use.
Xie Ping, a former PBOC research director and current finance professor at Tsinghua University, made critical public comments about China’s central bank digital currency (CBDC) at a recent university conference, according to a Dec. 28 Caixin report.
Source 📰
A former official of the People’s Bank of China (PBOC), the country’s central bank, has expressed disappointment that China’s digital yuan is seeing little use.
Xie Ping, a former PBOC research director and current finance professor at Tsinghua University, made critical public comments about China’s central bank digital currency (CBDC) at a recent university conference, according to a Dec. 28 Caixin report.
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US will see new ‘inflation spike’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) begins the first week of 2023 in an uninspiring place as volatility stays away — along with traders.
After failing to budge throughout the Christmas and new year break, BTC price action remains locked in a narrow range.
Having sealed yearly losses of nearly 65% in 2022, Bitcoin has arguably seen a classic bear market year, but for the time being, few are actively predicting a recovery.
Source 📰
Bitcoin (BTC) begins the first week of 2023 in an uninspiring place as volatility stays away — along with traders.
After failing to budge throughout the Christmas and new year break, BTC price action remains locked in a narrow range.
Having sealed yearly losses of nearly 65% in 2022, Bitcoin has arguably seen a classic bear market year, but for the time being, few are actively predicting a recovery.
Source 📰
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Year of Bitcoin miners’ merge? Analysts predict key mining trends for 2023
After a shocking year for Bitcoin (BTC), public miners will focus on strengthening balance sheets and minimizing costs this year, according to industry analysts.
Bitcoin mining cost minimization will likely lead public miners to either go private or merge with other companies in 2023, Hash Rate Index’s Bitcoin analysts Jaran Mellerud and Colin Harper predicted.
Source 📰
After a shocking year for Bitcoin (BTC), public miners will focus on strengthening balance sheets and minimizing costs this year, according to industry analysts.
Bitcoin mining cost minimization will likely lead public miners to either go private or merge with other companies in 2023, Hash Rate Index’s Bitcoin analysts Jaran Mellerud and Colin Harper predicted.
Source 📰
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