Alex $ERC20 Token

16 Dec 2022 08:37

Hello! Fresh crypto rate ⚡️

Alex $ERC20 Token

15 Dec 2022 10:22

MetaMask users will be able to buy ETH with PayPal

MetaMask users will be able to connect their wallet on the PayPal platform and pay for the purchase of ETH. Initially, only a test group of PayPal customers in the United States will have access to the new functionality. The timing and deployment plans for other regions have not yet been announced.

“Purchasing cryptocurrencies is quite a complex process and there is no general solution for users from different countries. Therefore, we work with several companies to make the investment process easier, easier and safer. Our MetaMask wallet acts as a Web3 portal and authorization management service. We are constantly expanding the functionality of the project to support our users and the entire Web3 ecosystem,” the company said.

Alex $ERC20 Token

15 Dec 2022 09:03

Good-cheerful morning! The latest crypto rate is here!

Alex $ERC20 Token

14 Dec 2022 18:36

Changpeng Zhao: "Binance will weather any tough times"

The CEO of Binance exchange has warned his colleagues that due to the bankruptcy of FTX, their trading floor will face difficult times and regulatory scrutiny in the coming months.

Zhao assured his colleagues that these were only temporary complications. According to the head of Binance, the financial position of the exchange is stable, so it will be able to overcome the current problems and survive any crypto winter.

“Be sure that our company is built to last, and any trials will only make us stronger,” Zhao wrote in an address to his subordinates.

Alex $ERC20 Token

14 Dec 2022 09:50

Tether will stop issuing loans secured by USDT

In response to a recent media attack, Tether, the issuer of the USDT stablecoin, said it would reduce secured loans in USDT reserves to zero over the next year.

Tether explained that stablecoin-backed loans work similarly to loans from private banks that use collateral. However, unlike banks that operate with fractional reserves, Tether loans are more than 100% secured, the company claims.

“Tether is managed professionally and conservatively, and this will once again be demonstrated by the successful completion of the lending business without loss, as all loans are backed by liquid assets,” the company said.

Alex $ERC20 Token

13 Dec 2022 19:50

SEC accuses Sam Bankman-Fried of FTX fraud

Sam Bankman-Fried (SBF) has been charged by the US Securities and Exchange Commission (SEC) with defrauding FTX investors and using funds from clients of the trading platform.

The agency said Bankman-Fried orchestrated a multi-year scam to hide FTX investors from diverting client funds to Alameda Research and providing the exchange's last unlimited "line of credit".

Despite claims by the former head of FTX that he was "not good with numbers," the SEC alleges that he controlled investment and operating activities, communicated frequently with Alameda employees, and had full access to internal records and data.

Alex $ERC20 Token

13 Dec 2022 07:18

Bloomberg: Caroline Ellison hired ex-SEC official to protect her interests

Former SEC employee Stephanie Avakian has agreed to represent the interests of the former head of Alameda Research, Caroline Ellison, during the federal investigation into the collapse of FTX. Bloomberg writes about it.

At the Commission, Avakyan headed the law enforcement department and oversaw cases in relation to cryptocurrency projects, including Ripple and Robinhood. In 2020, she reported a record amount of penalties for unregistered ICOs - more than $4.68 billion.

According to Bloomberg, Allison will receive additional legal support from WilmerHale lawyers.

Alex $ERC20 Token

13 Dec 2022 07:10

Good morning! Fresh course!

Alex $ERC20 Token

12 Dec 2022 14:11

Arthur Hayes Says Bitcoin Has Hit the Bottom

Former BitMEX CEO Arthur Hayes, on Scott Melker's podcast, said that the first cryptocurrency hit the low of the current cycle, as almost all "irresponsible organizations" ran out of BTC to sell.

Hayes explained that in times of financial difficulty, centralized lending firms often first turn to loans and then sell bitcoin, which acts as a reserve liquid asset.

According to the expert, the digital asset market expects a partial recovery in 2023 against the backdrop of another launch of the "printing press" of the US Federal Reserve.

Alex $ERC20 Token

12 Dec 2022 08:50

Media: Terraform Labs founder Do Kwon is hiding in Serbia

In November, Terraform Labs (TFL) CEO Do Kwon flew to Serbia. It is reported by Forkast with reference to the statement of the Prosecutor's Office of South Korea.

The department noted the lack of evidence that he is still in this jurisdiction. The Korean authorities requested assistance in the investigation from colleagues from Serbia.

Alex $ERC20 Token

12 Dec 2022 08:16

Good morning! With the start of a new week! The fresh rate of the crypt is already on your screens!

Alex $ERC20 Token

11 Dec 2022 10:22

Investors accuse Yuga Labs and MoonPay of false advertising

Law firm Scott + Scott filed a class action lawsuit against nearly 40 people and companies, including Yuga Labs and MoonPay, for promoting misleading ads.

Lawyers for Scott + Scott said that Yuga Labs and Hollywood talent agent Guy Oseary have developed a joint plan to use their "extensive network of high-profile musicians, athletes, and celebrity clients and partners" for the questionable practice of social media promotion of financial Yuga products.

In total, 37 defendants appear in the lawsuit, including the founders and management of Yuga Labs, MoonPay and its CEO Ivan Soto-Wright; Reddit co-founder and investor Alexis Ohanian, Ape DAO board member Amy Wu, Guy Oseary, Madonna, Paris Hilton, Snoop Dogg and others.

Alex $ERC20 Token

11 Dec 2022 10:09

Good morning! Get out of bed, the fresh rate of the crypt is already here!😄

Alex $ERC20 Token

10 Dec 2022 12:57

Sam Bankman-Fried faces seven class action lawsuits

Since November 11, seven collective complaints have been filed with various legal departments. Former FTX clients blame Sam Bankman-Fried, FTX executives and celebrities such as Tom Brady, Kevin O'Leary, Stephen Curry, Trevor Lawrence ( Trevor Lawrence) and Shaquille O'Neal (Shaquille O'Neal) in fraud and unfair advertising.

The class action lawsuit is in addition to numerous lawsuits and investigations initiated against FTX and Sam Bankman-Freed. Earlier, Terraform Labs co-founder Do Kwon called on the troubled FTX and Genesis companies to tell the public the truth and reveal their role in the death of the Terra ecosystem.

As reported by the New York Times, New York prosecutors are looking into the possibility of manipulation of the Luna and TerraUSD cryptocurrencies by FTX founder Sam Bankman-Freed.

Alex $ERC20 Token

10 Dec 2022 10:34

Do Kwon blamed FTX and Genesis for the downfall of the Terra project

The co-founder of Terraform Labs called on the troubled FTX and Genesis to tell the public the truth and reveal the role in the death of the Terra LUNA ecosystem.

Do Kwon took to Twitter to FTX CEO Sam Bankman-Fried and urged him to confirm or deny his company's involvement in the collapse of TerraUSD (UST).

“At this point, it is public knowledge that the asset price drop that happened to UST in February 2021 was initiated by Alameda when they sold 500 million UST in minutes to drain Curve’s liquidity pools amid the Magic Internet Money crisis,” Do said. Kwon.

Do Kwon alleges that Genesis Trading purchased billions of UST from the Luna Foundation Guard and transferred it to FTX and Alameda before depegging UST to the dollar, and Bankman-Fried used the funds to manipulate prices for the benefit of his companies, FTX and Alameda Research. Do Kwon is confident that Alameda has bet big on Terra's (LUNA) price drop.

Alex $ERC20 Token

15 Dec 2022 16:25

Changpeng Zhao: "99% of cryptocurrency users will not be able to store assets on their own"

The CEO of the Binance exchange supports self-custody, but emphasizes that it must be “do the right thing.” During a recent conference, Zhao noted that often users do not pay enough attention to storing wallet keys, which leads to the loss of either keys or assets in addresses.

“For most people, I think 99%, asking to hold assets on their own will result in the loss of cryptocurrencies. Most do not backup and lose devices, others do not pay attention to protecting keys. For example, the user writes the key on a piece of paper, and someone outside gets access to it, and funds are lost,” Zhao said.

Alex $ERC20 Token

15 Dec 2022 10:19

Kevin O'Leary: "Binance deliberately killed FTX"

Shark Tank host Kevin O'Leary told the US Congress that he believes FTX failed because Binance intentionally put a competitor out of business.

Former FTX CEO Bankman-Fried told O'Leary that Changpeng Zhao and Binance owned a 20% stake in the exchange. However, instead of development assistance, every time FTX applied for a license from regulators in different jurisdictions, Binance stated that “it will not comply with the requirements of regulators to provide data that will give FTX permission to obtain a license.”

As a result, Bankman-Fried was forced to initiate a deal to buy back FTX shares from the founder of Binance for about $3 billion, which negatively affected the liquidity level of the entire group of companies.

“Binance deliberately forced FTX out of business. Maybe there’s nothing wrong with that… but right now, Binance is a huge unregulated global monopoly,” concluded Kevin O’Leary.

Alex $ERC20 Token

14 Dec 2022 18:38

I will tell my grandchildren that it was a crypto exchange

Alex $ERC20 Token

14 Dec 2022 15:49

Net outflow of stablecoins from Binance reached $3 billion in a day

More than $7 billion worth of stablecoins were withdrawn from the largest crypto exchange Binance in 24 hours. The influx of “stable coins” during the same time amounted to about $4 billion.

USDT, BUSD and USDC are in the highest demand.

The head of the exchange, Changpeng Zhao, stressed that against the backdrop of the May collapse of Terra, the volume of outgoing funds was even greater, and now “deposits are returning.”

“The withdrawal of funds from the exchange is increasing due to the growing uncertainty around its reserves report,” Nansen researchers shared their opinion in a conversation with Reuters.

Alex $ERC20 Token

14 Dec 2022 08:05

Nansen: Binance is rapidly losing customer deposits

Nansen analysts report that about $3 billion has been withdrawn from Binance in the last 48 hours. User activity is associated with a “temporary suspension” of withdrawals in USDC stablecoins.

Cryptocurrency exchange Binance recorded a net outflow of client assets on Ethereum worth about $2 billion over the past 24 hours. According to the Nansen analytics platform, this is the highest daily withdrawal of funds from a cryptocurrency exchange since June.

The day before, CoinDesk reported that last Monday Binance recorded an outflow of funds in the amount of $902 million. Thus, in 2 calendar days, users of the Binance cryptocurrency exchange withdrew crypto assets worth about $3 billion.

“Withdrawals from Binance are on the rise due to growing uncertainty around its reserves report,” Nansen said in a report.

Alex $ERC20 Token

13 Dec 2022 14:04

Binance has restricted the withdrawal of USDC stablecoin

Bitcoin exchange Binance has suspended cashouts in USD Coin (USDC) stablecoin on the Tron, BNB Chain, and Ethereum networks. The restrictions did not affect USDT and BUSD.

“Binance is conducting a token swap involving USDC. As a result, USDC withdrawals are temporarily suspended. Withdrawal of USDT and BUSD is available and unaffected. USDC withdrawal will open after the completion of the exchange of tokens, ”Binance explained.

The head of the trading platform, Changpeng Zhao, noted an increase in demand for USDC withdrawals. He expects the situation to recover after the reopening of banks in a few hours.

“1:1 conversion, no margin or leverage. We will also try to install more sharing channels in the future. At this time, you can withdraw any other stablecoin: BUSD, USDT and others,” Zhao wrote.

USDC withdrawal in alternative blockchains is available - Avalanche, Solana, Polygon and others.

Alex $ERC20 Token

13 Dec 2022 07:15

⚡️The authorities of the Bahamas arrested the founder of FTX Sam Bankman-Freed

Law enforcement in the Bahamas has arrested FTX founder Sam Backnman-Freed at the request of the US government. This was announced by Attorney for the Southern District of New York Damian Williams.

“Authorities in the Bahamas have arrested Samuel Bankman-Freed at the request of the US government on the basis of a sealed indictment filed in the Southern District of New York. We expect a motion to remove the secrecy from the indictment will be filed in the morning, after which we will be able to provide more details, ”the message says.

According to Bahamas Attorney Ryan Pinder, the arrest took place on December 12. The US has filed criminal charges against the founder of FTX. It is expected that American law enforcement agencies will require Bankman-Fried to be extradited to the States.

Alex $ERC20 Token

12 Dec 2022 19:03

Bitcoin Group to buy Bankhaus von der Heydt

Cryptocurrency-focused holding Bitcoin Group has agreed to acquire the German bank Bankhaus von der Heydt (BVDH). This is stated in the press release.

We are talking about the amount of 14 million euros ($14.7 million) and 150,000 shares.

The transaction must be approved by the German Federal Financial Supervisory Authority (BaFin). Its closure is expected in the third quarter of 2023.

The interest of the Bitcoin Group in the takeover of the German bank became known in October. Then Bloomberg sources reported that the purchase amount could be €20 million ($19.6 million at the exchange rate at that time).

Alex $ERC20 Token

12 Dec 2022 13:32

In the Russian Federation began to calculate "home" miners to hold accountable

Irkutsk power engineers reveal the facts of cryptocurrency mining in residential buildings in order to go to court and collect fines. This was stated by Deputy Energy Minister Pavel Snikkars.

According to him, miners are calculated by the amount of energy consumption and the change in the load on the network.

“When it is suspected that a tenant is not using electricity for domestic purposes, an inspector is sent to the apartment to check the power installations. After that, the owner of the mining equipment is either issued a new invoice for the price of electricity for the business, or they go to court, ”said Snikkars.

At least 10 cases of successful recovery from miners of the difference in the cost of electricity for the population and businesses are already known, lawyers said.

Alex $ERC20 Token

12 Dec 2022 08:17

Katherine Wood: Former FTX CEO Hates Bitcoin

The head of ARK Invest said that the ex-CEO of FTX has always disliked Bitcoin for its decentralized nature.

According to Catherine Wood, Bitcoin did not slow down during the crisis, provoked by opaque centralized players, and Sam Bankerman-Fried did not like it:

"Bankman-Fried doesn't like Bitcoin because it's transparent and decentralized and he couldn't control it."

Despite the crisis of large companies, the CEO of ARK Invest is optimistic about the cryptocurrency market:

“We believe that DeFi will get a boost from the crisis, because now it is clear that investors will choose a decentralized and transparent path.”

Alex $ERC20 Token

11 Dec 2022 17:23

Binance has suspended the withdrawal of some assets

The largest cryptocurrency exchange in the world announced that it has temporarily blocked some of the accounts that managed to earn on the recent abnormal volatility of a number of cryptocurrencies.

Binance explained its actions as "anomalous price movements in certain trading pairs":

“We are aware of anomalous price movement in some trading pairs on Binance, including assets like SUN, ARDR, OSMO, FUN, and GLM. This activity is not related to account hacking or API key theft, the funds are safe.”

The exchange team decided to hedge against the backdrop of an incident that happened the day before, on December 10, when Cosmo (OSMO) prices on Binance instantly increased by 460%, and then fell almost to the previous level. Binance CEO Changpeng Zhao assured that the exchange has conducted an investigation into abnormal price volatility related to “market behavior.”

Alex $ERC20 Token

11 Dec 2022 10:15

The Ren protocol warned users about the possible loss of assets

Wrapped Bitcoin issuer renBTC Ren Protocol has announced that it will remove Ren 1.0. due to a lack of funding previously coming from crypto lender Alameda Research.

The Ren team said that after version 1.0 is closed, a new community-driven version 2.0 will be launched. However, the two versions may not be compatible. Therefore, users should burn the tokens circulating on Ethereum and return them to the original blockchain as soon as possible to protect themselves from potential risk:

“Because compatibility between Ren 1.0 and 2.0 cannot be guaranteed, Ren asset holders should revert to native tokens as soon as possible or risk losing them.”

Ren allows bitcoin holders to lock up their holdings and create a wrapped version that can be used on Ethereum.

Alex $ERC20 Token

10 Dec 2022 19:51

Kevin O'Leary: 'I got $15 million from FTX, but they completely burned out'

Speaking on CNBC's Squawk Box, Kevin O'Leary revealed that the total deal was worth just under $15 million. The investor invested about $9.7 million in the cryptocurrency. He also owns over $1 million worth of FTX stock, which is now worthless due to FTX's bankruptcy filing. Another $4 million was "eaten up" by taxes and agency fees. O'Leary is lamenting that he lost that $15 million that just vanished.

When the host asked the investor why he failed to properly assess the risks involved in investing in and promoting FTX, O'Leary replied that he was a victim of groupthink. O'Leary has promoted FTX extensively on Twitter and online, demonstrating a close partnership with FTX founder Sam Bankman-Fried, who has been under several investigations.

“I lost this money, now this amount is at zero. It was a bad investment,” admitted O'Leary.

Alex $ERC20 Token

10 Dec 2022 10:37

PlanB: “Bitcoin prepares for a 5800% rally”

A popular cryptocurrency analyst under the pseudonym PlanB, the author of the “stock-to-flow” model, again emphasized his confidence in the massive growth of Bitcoin in 2023 or at least 2024.

The "stock-to-flow" model is built on the ratio of the amount of an available asset and its price. Considering that Bitcoin periodically undergoes halvings, the model speaks of a large-scale growth of the first cryptocurrency. The analyst emphasized that he was confident in this model. It can only fail if “Bitcoin just dies.”

“If we assume that the 2019 model is correct, then given the price of bitcoin after the halving around $55,000, we will see an increase at the next halving. I take a very wide range, although many do not like it, but bitcoin will cost from $100,000 to $1 million. I am sure of this, so the current prices for BTC are just very profitable,” PlanB said during an interview with analyst Scott Melker (Scott Melker ).

Alex $ERC20 Token

10 Dec 2022 08:51

A Collector Mistakenly Lost 70 Ether on the NFT Marketplace Blur

Due to an error in the new trading system, a user of the marketplace of non-fungible Blur tokens overestimated the price of the Art Gobbler collection token and lost 70 ethers.

The collector under the name Keungz admitted on Twitter that he was mainly to blame, but he also sees the fault of the platform:

“When a user wants to enter 0.1 ETH, if he enters a dot without a zero, it becomes 1 ETH.”

According to the victim, as a result of an error, he bought the Art Gobbler 8273 collection token for 70 ETH, the minimum price of which was 3.77 ETH. In response, the Blur site team stated that it reimburses lost assets only for errors due to the fault of the platform, and they are not responsible for users' mistakes. Then the team changed its mind and announced that it would refund the user 50% of the lost amount.