Crypto trading volumes have fallen further in the last week as trading activity remains low. Daily trading volumes in BTC spot markets, when excluding Binance, sits 65% below the yearly average.
On November 29, the 7-day average real spot volume in BTC (excluding Binance) reached $510m, lows not seen since October 2020
Genesis Client Letter Suggests No Imminent Solution to Withdrawal Freeze
The institutional crypto brokerage has been in talks with creditors and potential investors since the collapse of exchange FTX.
https://www.coindesk.com/business/2022/12/07/genesis-client-letter-suggests-no-imminent-solution-to-withdrawal-freeze
Coinbase Wallet: “You might have noticed you can’t send NFTs on Coinbase Wallet iOS anymore. This is because Apple blocked our last app release until we disabled the feature.” They claim the iPhone maker “blocked our last app release until we disabled the feature” because Apple wanted the blockchain fees associated with an NFT transfer to go through its in-app purchase system, which requires a 30% cut
Читать полностью…$2.7B worth of crypto has been lost in 2022 to hacks of smart contracts or protocol infrastructure. This represents a 63% increase from last year.
Читать полностью…These 8 US congressmen tried to stop the SEC inquiry into #FTX back in March 2022. Most received donations directly from SBF. This is how their game works. We don't need more regulation in crypto, we need less of it and for everyone to wise up.
Читать полностью…Justin Sun says crypto trading exchnages Huobi and Poloniex could merge in future
https://www.theblock.co/post/189926/justin-sun-huobi-poloniex-could-merge?utm_source=rss&utm_medium=rss
BTC is currently flowing out of exchanges at a rate of -172.7k BTC per month, eclipsing the previous peak set following the June 2022 sell-off.
Читать полностью…As network activity on Ethereum picked up over the last two weeks, higher priority fees paid by users to validators have briefly caused staking yields to jump to over 10% APR before falling back down closer to ~6% range.
#crypto #trading #news
SBF was possibly the worst human being ever to enter crypto...
Alameda was secretly exempted from FTX's auto-liquidation protocols
SBF received $1 billion in personal loans from Alameda: FTX bankrupty filing
This could be the best thing to happen to crypto trading in a long time. We dont need others making rules for us and telling us they know best. We need a trustless, safe, decentralized environment free from outside influence.
Cumberland: FTX collapse to trigger structural change in crypto markets, away from centralization — link
Sam Bankman-Fried told an investor this week that Alameda owes FTX about $10 billion — link
Читать полностью…Binance is sharing details of hot and cold wallet addresses: BTC(~475K BTC) ETH(~4.8M ETH) USDT(~17.6B USDT) BUSD(~21.7B BUSD) USDC(~601M USDC) BNB(~58M BNB). Binance will create a Merkle tree POF in the next few weeks.
www.binance.com/en/blog/community/our-commitment-to-transparency-2895840147147652626
In November, Bitcoin recorded the largest outflows from exchanges in its history, with net outflows of 91,557 BTC.
Since FTX, centralised exchanges have witnessed a string of outflows as market participants look to safeguard their funds. This is great for crypto. Put your funds in your own hands
ConsenSys intends to store MetaMask user data for only 7 days
Crypto Trading News
https://www.theblock.co/post/192468/consensys-says-it-will-store-wallet-and-ip-data-for-seven-days?utm_source=rss&utm_medium=rss
Wallet Maintenance for BNB Smart Chain (BEP20) - 2022-12-02
https://www.binance.com/en/support/announcement/3dba7a761d0244788758e0a4e750de5f
Are you living in fear of or in anticipation of #crypto regulation?
https://www.wsj.com/articles/ftxs-collapse-upends-sam-bankman-frieds-washington-play-11669545002?mod=hp_lead_pos4
62% of institutional investors who are currently invested in crypto increased their allocations in the past 12 months (vs. 12% who decreased their allocations) #crypto #trading
Читать полностью…Tether announced it will coordinate with a 3rd party to perform a chain swap, converting from Solana to Ethereum ERC20, for 1 billion USDT. Some crypto trading exchanges have suspended SOL-USDT deposits SOL dead??
Читать полностью…Total cryptocurrency market capitalisation has fallen to around $800bn from a peak of $2.9trn. Time to buy the dip?
Читать полностью…FTX had enough crypto to repay all customers, Bankman-Fried tweets — link | theblock
Читать полностью…FTX faces liquidity shortfall of up to $8 billion, seeking emergency funding to meet withdrawal requests: WSJ
Читать полностью…BREAKING: US reportedly investigating FTX over handling of clients' funds and crypto lending
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