Alex $ERC20 Token

29 ноября 2022 07:23

BlockFi files for bankruptcy

According to a press release, BlockFi and eight subsidiaries have filed a filing with the New Jersey Bankruptcy Court.

“As part of its restructuring efforts, the company will focus on recovering all liabilities to BlockFi from its counterparties, including FTX,” the company said in a statement.

According to the BlockFi filing, it has over 100,000 creditors. The company's assets and liabilities are estimated at $1 billion to $10 billion.

On November 8, the founder of the platform, Flory Marquez, announced that all the company's products are "fully operational" and the business does not depend on the Sam Bankman-Freed exchange.

Alex $ERC20 Token

29 ноября 2022 06:48

Binance Moves Over $2 Billion in Bitcoin

As part of its reserve audit, cryptocurrency exchange Binance transferred 127,351 BTC (~$2.06 billion). So the head of the company, Changpeng Zhao, commented on the reports of the transaction on the network.

“This is part of the Proof-of-Reserve check. The auditor demanded that we send ourselves a certain amount to prove the control of the wallet […]. Pay no attention to FUD!” Zhao wrote.

Alex $ERC20 Token

29 ноября 2022 06:40

Good morning! Fresh crypto rate for cheerfulness 😅

Alex $ERC20 Token

28 ноября 2022 11:35

Bitget launches campaign with Lionel Messi to revive confidence in the cryptocurrency market

Derivatives exchange Bitget will introduce initiatives with a $20 million investment in advertising campaigns and user rewards.

Bitget announced its partnership with Lionel Messi for the first "A Perfect 10" ad campaign at the end of October to a huge response from the public, community and partners. The exchange will launch the next marketing campaign called "Make it Count" during the 2022 FIFA World Cup with a new brand video.

The company has hosted numerous giveaways and exclusive rewards with social competitions and World Cup events, including a giveaway of up to 1 million BGB and Messi's autographed t-shirts. Bitget also hosts a KCGI derivatives tournament twice a year, this time around football and the World Cup, with a prize pool of up to 100 Bitcoin (BTC) and popular fan tokens.

Alex $ERC20 Token

28 ноября 2022 11:16

Crypto exchange Coinsquare admits user data breach

Canada-based cryptocurrency exchange Coinsquare has allegedly been hacked. The platform claims that users' assets were not affected, writes CoinDesk.

In an email to customers, the exchange reported a "data incident" in which a third party gained unauthorized access to users' personal information.

She assured that “100% of client funds are safely stored in cold wallets” and are not affected by the incident.

Alex $ERC20 Token

27 ноября 2022 18:41

Bloomberg: FTX collapse undermines UAE ambition to become global crypto powerhouse

Dubai World Trade Center Authority CEO Helal Al Marri was very enthusiastic about the license and said he trusted VARA's assessment of FTX's security and prospects for cooperation.

However, since FTX filed for bankruptcy and investigations into its CEO Sam Bankman-Fried were launched in several countries, from the US to the Bahamas, UAE officials have distanced themselves from issuing a work permit. Information about the license has disappeared from the regulator's website.

A VARA spokesperson said that FTX has not gone through the licensing process to the end and is not authorized to connect any customers or start operations. The license would allow FTX to deploy crypto derivatives and trading services to institutional investors.

Alex $ERC20 Token

27 ноября 2022 10:27

9 years ago, Bitcoin was worth $1,000 for the first time

Alex $ERC20 Token

21 ноября 2022 18:12

Edward Snowden criticized Coinbase for excessive compliance with regulatory requirements

Former American intelligence analyst Edward Snowden believes that the Coinbase cryptocurrency exchange is overly seeking to comply with the requirements of regulators, not caring about the interests of customers.

“Coinbase is a typical example of an overly accommodating and condescending person. Yes you guys will make a lot of money, but are you really promoting the public interest? Take the example of conventional lawn mowers. When I go to buy a lawn mower, no one asks me to hold my passport and scan my face. And the fact that you guys agree with that is frankly embarrassing,” Snowden said.

Alex $ERC20 Token

21 ноября 2022 09:38

FTX owes $3.1 billion to top 50 creditors

Bitcoin exchange FTX, which is going through bankruptcy proceedings, and organizations related to it have outstanding obligations to the 50 largest creditors for $ 3.1 billion. This follows from the materials of the court.

The names of creditors are not given, the largest of them had claims for $226 million. In general, the amounts vary from several tens to hundreds of millions of US dollars.

“An investigation into the amounts transferred, including payments that may have been made but not yet reported, is ongoing. Work is also underway to gain full access to customer data,” the document says.

Alex $ERC20 Token

21 ноября 2022 08:19

Good morning! The new course is here! When is Bitcoin at 100K? (

Alex $ERC20 Token

20 ноября 2022 09:17

Vitalik Buterin suggested using zk-SNARKs to check exchange balances

Ethereum founder Vitalik Buterin has suggested using zk-SNARKs to verify the reserve data of cryptocurrency exchanges. In his opinion, the technology will make the Proof-of-Reserve (PoR) procedure more efficient.

“Whenever a large centralized exchange collapses, the main question that arises is whether cryptographic methods can be used to solve the problem. Instead of relying solely on “fiat” tools like government licenses, audits, corporate governance studies, and biographies of the people behind the platform, companies could create cryptographic proofs showing that the funds stored on the blockchain are sufficient to cover obligations to users.” he wrote.

Alex $ERC20 Token

19 ноября 2022 14:50

Tether Moves USDT Worth $1 Billion From Solana To Ethereum

The issuer of the stablecoin Tether announced the withdrawal of USDT worth $1 billion from the Solana blockchain to Ethereum. The reason was that Solana ran into difficulties after the collapse of the FTX cryptocurrency exchange.

According to Tether, the exchange will take place with the help of a third party.

Just a few weeks ago, Solana was one of the top five crypto projects by market capitalization. About $1.8 billion worth of USDT was stored on this blockchain.

Alex $ERC20 Token

19 ноября 2022 07:06

Changpeng Zhao: "It's time for the founder of FTX to stop scribbling confusing tweets"

Recently, FTX CEO Sam Bankman-Fried posted a string of tweets referring to a mysterious FTX “sparring partner” who allegedly caused serious damage to the exchange, contributing to the crash. The commentators decided that Changpeng Zhao could have been a partner as Binance pulled out of the FTX takeover deal.

Binance does not seek to eliminate weaker platforms, but rather helps them survive adverse conditions, Zhao said in response. He advised Bankman-Freed to stop tweeting misleading people and instead focus on problem solving:

“Bankman-Fried should be doing other things than tweeting. I already told him to put on a suit, go to Washington and start answering questions.”

Alex $ERC20 Token

18 ноября 2022 18:08

Bitcoin twice a year

Alex $ERC20 Token

18 ноября 2022 11:00

The cost of Justin Bieber's "bored monkey" has fallen by 95%

Against the background of the fall of the cryptocurrency market, the value of the collection token (NFT) from the BAYC collection, bought at the beginning of the year by singer Justin Bieber for $1.31 million, has fallen by 95%.

In January, renowned Canadian singer Justin Bieber purchased Bored Monkey #3001 from the Bored Ape Yacht Club (BAYC) collection. He paid 500 ETH ($1.31 million) for the token. Considering that the monkey does not have rare characteristics or features, and it does not have any accessories, it ranked 9810 in rarity. Therefore, some collectors were surprised why the singer spent such a large amount on the purchase of this particular NFT.

Now the minimum cost of this "bored monkey" is only $74,382, and on the OpenSea marketplace, it has fallen even lower - $66,781

Alex $ERC20 Token

29 ноября 2022 07:09

A resident of Minsk lost $20,000 while trying to buy cryptocurrency

The victim turned out to be a 32-year-old resident of Minsk, who was asked by an acquaintance living abroad to buy cryptocurrency, transferred funds and transferred the contacts of the seller of digital assets.

The deal was agreed near one of the houses on Independence Avenue. A young man got into the car with the Minsker. After discussing the details, he began to count the money received, and then suddenly opened the car door and rushed to run. The victim failed to catch up with him.

However, the Belarusian police promptly identified the criminal. It turned out to be a 26-year-old unemployed resident of the capital. He managed to confiscate the currency for $19,000, but he managed to spend the rest of the money.

Alex $ERC20 Token

29 ноября 2022 06:45

Dogecoin Soared 22% Amid Twitter Update Announcement

On Sunday, November 27, Elon Musk shared the presentation slides of the Twitter 2.0 update. After that, the meme-cryptocurrency Dogecoin (DOGE) soared above $0.1.

According to CoinGecko, the meme-cryptocurrency has gained 22% over the past week and ranked eighth in the ranking of digital assets by capitalization with a value of $13 billion.

Although Musk's post did not explicitly mention Dogecoin, some investors may have considered the upcoming integration of the asset as a payment method on Twitter. The billionaire made a corresponding proposal back in April.

Alex $ERC20 Token

28 ноября 2022 14:23

Media reported on the possible cessation of the AAX exchange

The Hong Kong crypto exchange AAX, which has suspended the withdrawal of funds, is allegedly on the verge of closing. It is reported by 8BTC with reference to TechFlow.

According to the published screenshots of the correspondence, the company will soon be closed, employees will receive a salary until November and only half of the assets on the platform.

The support service answered the publication that they could not confirm the authenticity of the posted messages, but advised them to “prepare for the worst.”

Alex $ERC20 Token

28 ноября 2022 11:30

The analyst outlined the timing of the bottom of bitcoin

The expert expects a repeat of the 2018 crypto winter scenario. Then digital gold showed several stages of gradual recovery. But the growth became stable after the failure of quotes to the minimum of the bearish cycle.

“When the market is bearish, we constantly see: a fall, consolidation, a small increase and again a failure. We are following a simple signal - the intersection of the 200-day moving average and the Bitcoin price chart, ”the analyst said.

According to him, this will happen in the period of December 25-27. That's when we can expect the price to reach a real bottom and move to a sustainable growth, Cowen believes.

Alex $ERC20 Token

28 ноября 2022 11:06

Hi all! Fresh crypto rate! 🥲

Alex $ERC20 Token

27 ноября 2022 11:24

Media: American regulators are investigating the activities of Genesis Global Capital

According to Barron's, the crypto lending service Genesis Global Capital has become the object of an investigation by US regulators in connection with the suspension of the withdrawal of funds and the company's liquidity crisis.

The publication reports that the investigation was "part of a broad investigation into the relationship of cryptocurrency firms, Genesis' connections with retail investors, and possible violations of securities laws by both Genesis and other companies."

It's unclear if federal regulators are involved, but at a minimum, Alabama's oversight agencies are investigating. They are trying to assess whether Genesis was one of the firms that “enticed residents into investing in crypto-related securities without properly registering their offers.” At the same time, state regulators did not respond to requests from Barron's.

Alex $ERC20 Token

27 ноября 2022 09:13

Jess Powell Criticizes Binance's Proof of Reserves Feature

Kraken co-founder Jess Powell criticized the initiative of the cryptocurrency exchange Binance to ensure transparency in the storage of user funds.

"I'm sorry but there is no. This is not Proof-of-Reserves. This is either ignorance or intentional misrepresentation. A merkle tree without an auditor to make sure you don't include accounts with negative balances is just bullshit. A statement of assets is meaningless without liabilities,” he wrote.

In response to criticism, the head of Binance, Changpeng Zhao, promised an audit by auditors in the future. He also rejected the possibility of including accounts with negative balances and stated that he was open to questions and reviews.

Alex $ERC20 Token

21 ноября 2022 11:27

Media: the court arrested 1032 BTC on the wallets of the investigator in the case of The Infraud Organization

On November 17, the Basmanny Court of Moscow seized bitcoins belonging to the head of the investigative department of the RF Investigative Committee for the Tverskoy district of Moscow, Marat Tambiev. This was reported by the Telegram channel "VChK-OGPU".

According to the court order, which was at the disposal of the authors of the channel, we are talking about two wallets with a total balance of 1032.1 BTC ($17.2 million at the time of inspection by law enforcement officers).

Tambiev is accused of taking a bribe from cybercriminals' lawyer Roman Meyer.

Alex $ERC20 Token

21 ноября 2022 08:22

Changpeng Zhao: "India's aggressive tax policy hinders the development of cryptocurrencies in the country"

The CEO of the Binance exchange, Changpeng Zhao, called India a country not suitable for developing a cryptocurrency business due to its strict tax regime.

Speaking at the Techcrunch Crypto conference, Changpeng Zhao said he was "discouraged" by the taxes Indian users have to pay. In addition to the tax rate on transactions with digital assets, increased in March to 30%, the authorities introduced a 1% tax deduction for each cryptocurrency transaction held at source (TDS).

According to Zhao, if you impose a one percent tax on every transaction, there won't be many of them. A user can make about 50 trades daily and lose about 70% of their money. Zhao said that Binance is in talks with a number of industry bodies in an attempt to get the message across to Indian regulators, but changing tax policy could take a very long time.

Alex $ERC20 Token

20 ноября 2022 18:24

Ohio Man Accused of Stealing $10 Million Using Crypto Pyramid

The US Department of Justice has arrested a New Albany-based investment manager on charges of cryptocurrency fraud.

Ohio resident Rathnakishore Giri misled investors by advertising himself as an experienced cryptocurrency trader specializing in bitcoin derivatives, law enforcement officials assure. According to the indictment, Geary promised investors a return on the money invested in his projects without risking the amount invested.

In fact, the suspect used funds from previous investors to pay off new investors in a classic Ponzi scheme, the Justice Department says. Giri is accused of wire fraud. If found guilty, the American faces a sentence of 20 years in prison on each of the five counts.

Alex $ERC20 Token

20 ноября 2022 09:15

Good Sunday morning! Fresh crypto rate!

Alex $ERC20 Token

19 ноября 2022 07:12

Genesis Block exchange announced the termination of cryptocurrency trading

Hong Kong-based Genesis Block, which previously operated one of Asia's largest crypto ATM networks, said it was closing its over-the-counter trading business from Dec. 10.

The company will no longer register new users and is asking customers to withdraw funds from their exchange accounts.

“We are stopping all trading operations as we do not know which of our counterparties or participants in the cryptocurrency market may encounter problems in the near future. Therefore, in order to maintain liquidity, we are closing all of our positions,” said Genesis Block CEO Wincent Hung.

Alex $ERC20 Token

19 ноября 2022 07:01

Good morning! Fresh crypto rate! ❤️

Alex $ERC20 Token

18 ноября 2022 12:02

WSJ: Genesis Requests $1 Billion Emergency Loan

The Wall Street Journal (WSJ) has obtained a confidential document from crypto lender Genesis, in which he appeals to potential investors for financial assistance secured by a stake in the business.

Crypto lending company Genesis unsuccessfully attempted to secure a $1 billion emergency loan before suspending withdrawals, the WSJ reports. on the balance sheet of Genesis.

Commenting on the WSJ publication, a Genesis spokeswoman stated that the document was prepared over the weekend and is no longer relevant.

Alex $ERC20 Token

18 ноября 2022 10:54

Nansen: FTX crisis linked to Terra collapse

Experts from Nansen's analytical company believe that the events that happened with Terraform Labs in the spring and the current situation with FTX and Alameda Research fit together.

According to Nansen's report, FTX's strategy to keep Alameda afloat began to unravel around the same time that TerraUSD collapsed.

“We pieced together the snippets of network research, and it became apparent that the Terra/Luna crash revealed a deep flaw between Alameda and FTX's tangled connections. Due to the collapse that happened in the spring, the outflow of FTT from Alameda to FTX became ill, ”Nansen analysts write.