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Here’s Why MicroStrategy Sold 704 Bitcoins on December 22
Publicly-traded business intelligence company MicroStrategy revealed that it sold part of its bitcoin stash on December 22 for tax purposes.
Although the firm later purchased more bitcoins, the sale defied its promise of…
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Sam Bankman-Fried denies moving funds from Alameda wallets
Sam Bankman-Fried, the former CEO of the now-defunct FTX exchange, has denied moving funds tied to Alameda wallets, days after he was released on a $250 million bond.On Dec. 30, Fried tweeted to his 1.1 million followers, denying any…
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Ethereum founder says he hopes Solana gets a ‘chance to thrive’
Ethereum founder Vitalik Buterin showed sympathy for competitor Solana (SOL) in a Dec. 30 tweet. He said that “smart people” tell him that Solana has “an earnest smart developer community,” and suggested that the opportunists who were…
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Bahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX –…
The Securities Commission of the Bahamas has revealed that it seized digital assets worth more than $3.5 billion from the collapsed crypto exchange FTX. The regulator explained that the cryptocurrencies were transferred to its wallets…
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BTC price lurches toward $16K as stocks, dollar wobble in final session
Bitcoin (BTC) teased more volatility at the Dec. 30 Wall Street open with BTC/USD heading ever closer to $16,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWill new year deliver "long-awaited volatility?"Data from…
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The 10 largest crypto hacks and exploits in 2022 saw $2.1B stolen
It's been a turbulent year for the cryptocurrency industry — market prices have taken a huge dip, crypto giants have collapsed and billions have been stolen in crypto exploits and hacks.It was not even halfway through October when…
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The FTX Contagion Goes on: Midas Investments Closes Down
The cryptocurrency platform Midas Investments disabled deposits and swaps due to severe financial losses caused by Celsius’ bankruptcy and FTX’s fiasco.
CEO Iakov Levin said the organization will aim to focus on a new…
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DOJ did not classify MNGO as a commodity
Avraham Eisenberg was arrested in Puerto Rico on Dec. 26 on commodities fraud and manipulation charges relating to the $110 million exploit of the decentralized Mango Markets exchange. Eisenberg had self-identified as the actor behind…
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While His Digital Trading Cards Tumble in Value, Trump Says His ‘Cute’ NFTs Were About…
After climbing to a high of 0.79 ether on Dec. 17, 2022, Donald Trump’s non-fungible tokens (NFTs) have dropped considerably in value over the last 12 days. On Dec. 29, 2022, Trump’s NFT collection has a floor value of 0.15 ether,…
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2 Bitcoin Mining Pools Command More Than 53% of BTC’s Total Hashrate – Mining Bitcoin News
Bitcoin’s hashrate has jumped from the low 170 exahash per second (EH/s) recorded this week, to above the 300 exahash range after a number of bitcoin mining operations from Texas temporarily went offline on Dec. 25, 2022. Furthermore,…
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