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According to blockchain data analysis firm Nansen, Alameda Research conducted token transfers worth $4.1 billion before the collapse of FTX. The FTT token is among the crypto assets involved in the transfer. On-chain data shows that FTX held a significant portion of the total FTT token supply and conducted large FTT transactions between these two companies. The report also revealed that Alameda had been selling FTT tokens on unlicensed exchanges and using them as collateral from cryptocurrency lending firms.
Binance, FTX plans to restart Japanese exchange; PayPal subsidiary Venmo to introduce cryptocurrency transfers; Visa to develop Brazilian blockchain-powered CBDC project; step-by-step guide to asset tokenization.
Coinbase receives license to operate in Bermuda; Gemini launches derivatives platform; EU Parliament approves crypto rules; HK court recognizes crypto as property; Hitachi establishes $300 million fund.
Crypto miner Bitdeer went public on Nasdaq; Twitter will be added to Dogecoin Ponzi scheme litigation; GDAC, Bitrue, Terraport, Yearn Finance hacked; China’s Douyin displays Bitcoin prices in search results...
Doge up 30% following Twitter Logo Change; Magic Eden Rolls Out Bitcoin ordinals NFT Creator Launchpad; Hong Kong to Test Digital RMB Cross-Border Payment Tool; Venture Capital Bitkraft raises $220.6M for second token fund.
Do Kwon extradition sought by US and South Korea; US gov sold $216M of seized Silk Road Bitcoin this month; Denmark says Bitcoin profits are taxable; Ledger raises most of $109M round.
French lawmakers agree to ban crypto influencer promotions; U.S. IRS seeks to tax NFTs like other collectibles; character Ai receives $150M funding from a16z and others; how effective is GPT for auditing smart contracts?
Stripe secures $6.5 billion in Series I at a $50B valuation; Coinbase likely to launch global crypto trading platform; Euler Finance hacked for over $195M in a flash loan attack; crypto assets to become a separate category in the UK tax forms.
Silvergate closes as crypto banking concerns spread; Meta is building a decentralized, text-based social network; Biden proposes 30% tax on crypto mining electricity usage; CFTC chair says Ethereum and stablecoins are commodities.
Coinbase to delist Binance USD stablecoin; SEC subpoenaed Robinhood over crypto listings; FTX former executive Nishad Singh pleads guilty; SEC chair reasserts every crypto is a security aside from Bitcoin.