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Price Watch BTC +0.33%

Who sold the most BTC in the aftermath of the FTX collapse? 10yr holders sell at highest ever rate

Confidence is shook, aggressive selling pressure but who is selling, long-term or short-term Bitcoin holders?

4 years ago

Bankruptcy

Singapore’s Temasek writes off $275M FTX investment, had misplaced belief in Sam Bankman-Fried

Temasek revealed that it conducted an extensive due diligence process on FTX, which lasted 8 months between February and October 2021.

4 years ago

Adoption

President Bukele reveals El Salvador will buy 1 Bitcoin daily

El Salvador has spent over $100 million to acquire 2,381 BTC and continues to buy

4 years ago

Crypto

CryptoSlate Wrapped Daily: SBF faces investor lawsuit in the US as Australia suspends FTX operations; LFG spent $2.8B on UST peg defense

Gemini exchange experience outage as it suspends withdrawals on Earn program, Messari estimate shows that FTX users may recover up to 50% of funds, and much more in this edition of CryptoSlate Wrapped Daily.

4 years ago

Exchanges

Coinbase says it has no exposure to Genesis, touts ‘strong capital position’

In light of recent events, Coinbase tweeted to clarify its strong capital position.

4 years ago

Bankruptcy

FTX collapse: 3AC co-founder Kyle Davies says ‘we’re looking forward to justice’

Kyle Davies calls out Sam Bankman-Fried for hiding the scale of FTX's problems and for hunting 3AC's trading positions.

4 years ago

Crime

Silvergate records reveal $425M in transfers to South American money launderers

Detective Benjamin Dusenbery subpoenaed Silvergate for multiple digital cryptocurrency trading platforms' bank account records and found 10 companies transferring illicit funds.

4 years ago

Bear Market

Gemini down due to Amazon Web Services EBS outage; exchange working on restoring functions

The exchange has maintained on its status page that wire transfers are affected, but funds are secure.

4 years ago

Mining

Bitfarms sold more Bitcoin than it mined in Q3

Bitcoin mining analyst Jaran Mellerud said while Bitfarms' Bitcoin sales helped it to reduce its debt burden, he pointed out that the miner does not have much Bitcoin left.

4 years ago

Regulation

US financial committee to hold hearing on FTX collapse in December

The Committee wants to hear from Sam Bankman-Fried, Binance and other related entities in the FTX's collapse.

4 years ago

Outage

Nexo resolves real-time audit outage laying insolvency rumors to rest

Nexo representatives told CryptoSlate the bug in its real-time audit attestation was successfully resolved.

4 years ago

Bankruptcy

Nexo says ‘real time audit’ error caused by technical malfunction, will be fixed soon

Nexo knocked insolvency rumors on the head, saying Armanino's real-time audit attestation will soon be fixed.

4 years ago

Exchanges

Breaking: Gemini Earn halts withdrawals due to ‘market turmoil’ caused by FTX fallout

Gemini said it is working with Genesis to help customers redeem their funds from the Earn program "as quickly as possible" but did not specify when withdrawals might resume.

4 years ago

Bear Market FTT -0.61%

Genesis’ crypto-lending unit halts customer withdrawals

In light of the FTX collapse, Genesis is facing abnormal withdrawals requests beyond the limits of their current liquidity.

4 years ago

Analysis LUNC -3.18%

Audit reveals Luna Foundation Guard spent $2.8B to defend UST peg in May

Kwon said the audit proves that Terra's failure is different from recent crypto failures where operators misused customers' funds.

4 years ago

Crypto

CryptoSlate Daily wMarket Update – Nov. 15: Top 10 assets trade flat as market lull continues

The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.

4 years ago

Bankruptcy

Messari estimates up to 50% of FTX user funds recoverable

According to "rough balance sheet" calculations, FTX users whose funds are stuck on the exchange are more likely to have less than 40% returned.

4 years ago

Crypto News

Who sold the most BTC in the aftermath of the FTX collapse? 10yr holders sell at highest ever rate

Singapore’s Temasek writes off $275M FTX investment, had misplaced belief in Sam Bankman-Fried

President Bukele reveals El Salvador will buy 1 Bitcoin daily

CryptoSlate Wrapped Daily: SBF faces investor lawsuit in the US as Australia suspends FTX operations; LFG spent $2.8B on UST peg defense

Coinbase says it has no exposure to Genesis, touts ‘strong capital position’

FTX collapse: 3AC co-founder Kyle Davies says ‘we’re looking forward to justice’

Silvergate records reveal $425M in transfers to South American money launderers

Gemini down due to Amazon Web Services EBS outage; exchange working on restoring functions

Bitfarms sold more Bitcoin than it mined in Q3

US financial committee to hold hearing on FTX collapse in December

Nexo resolves real-time audit outage laying insolvency rumors to rest

Nexo says ‘real time audit’ error caused by technical malfunction, will be fixed soon

Breaking: Gemini Earn halts withdrawals due to ‘market turmoil’ caused by FTX fallout

Genesis’ crypto-lending unit halts customer withdrawals

Audit reveals Luna Foundation Guard spent $2.8B to defend UST peg in May

CryptoSlate Daily wMarket Update – Nov. 15: Top 10 assets trade flat as market lull continues

Messari estimates up to 50% of FTX user funds recoverable

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