The Community Traces 317K BTC As It Attempts To Identity Grayscale Reserves
@ErgoBTC, AKA Ergo, a blockchain researcher with OXT Research, disclosed findings from a community-led effort to trace Grayscale’s Bitcoin Trust (GBTC) reserves in a Twitter thread yesterday.
New FTX CEO Paid $1,300 an Hour, Court Filings Show
John Ray, the seasoned expert brought in to tidy up the wreckage of collapsed crypto exchange FTX, is billing $1,300 per hour for his trouble, court documents filed on Sunday show.
Bitcoin Close to the $16K Mark: Will BTC Test $10K?
Bitcoin is a leading cryptocurrency, but due to the FTX liquidity crisis, BTC price has broken the strong support of $19K. Now it is trading at $16,001, around the lower range of the Bollinger Bands. Most other technical indicators are bearish, suggesting it will consolidate within a range of $18K and $15K, at least for the next few weeks.
‘FTX Drainer’ Swaps Another 20,000 Ether for Bitcoin
The individual or entity in question swapped 20,000 ETH ($22.4 million) for 1,023 renBTC ($16.3 million) on Monday. This follows the 50,000 ETH exchanged for 3,517 renBTC on Sunday. Blockchain security outfit PeckShield has been monitoring these transactions and on-chain data shows the hacker has bridged all 4,540 renBTC ($72.6 million) to Bitcoin, as of the time of publishing. PeckShield also tracked a Bitcoin wallet holding some of the bridged funds — this wallet currently holds 2,444 BTC ($39.4 million).
Uniswap’s New Privacy Policy Says It Collects Data Tied to User Wallets
Uniswap, the largest Ethereum decentralized exchange, published a new privacy policy to provide transparency on the data it collects. The privacy policy states that the DEX collects certain on-chain and off-chain data connected to users’ crypto wallets.
Ethereum Founder Says Crypto Has Potential To ‘Attract All of the Do Kwons’
Ethereum (ETH) founder Vitalik Buterin has warned that the cryptocurrency sector still has the potential to attract bad actors while referencing Terra (<a href="https://finbold.com/cryptocurrency/terra/">LUNA</a>) proprietor Do Kwon.
FTX Japan Preparing to Allow Withdrawals by Year-End: Report
The Japanese arm of bankrupt crypto exchange FTX is preparing to resume customer withdrawals by the end of the year, according to a report by broadcaster NHK.
‘High-ranking’ S Korean Civil Servant Caught Trading DOGE During Key Meeting
A “high-ranking” South Korean civil servant has been caught buying dogecoin (DOGE) on his cell phone – in the middle of an important local government meeting.
Celsius Bankruptcy Victims Get Proof-of-Claim Deadline From US Court
The ongoing case of the Celsius bankruptcy continues as the United States Bankruptcy Court in the southern district of New York State approved a new filing deadline.
FTX Exchange Suffers $59M Loss Due to Hacking
The cryptocurrency exchange FTX has suffered a loss of above $59 million as the hacker offloaded several millions of dollars resulting in a further drop in the cryptocurrency.
