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2023-01-01 09:52:02 Wallets with 0.1 BTC to 1 BTC hold over 1M Bitcoin

The total supply of wallets holding between 0.1 Bitcoin (BTC) and 1 Bitcoin has surpassed 1 million coins, while the collective supply of wallets that hold between 1 BTC and 10 BTC topped 2 million.

As of Dec. 29, wallets that hold between 0,1 BTC and 1 BTC collectively own over 1 million coins. The chart below represents the total supply held by the wallets in question since 2010 with the orange line. These wallets’ total BTC supply started to record a stable increase in late 2013, with short exponential growth periods in 2016 and 2018.

Source

https://t.me/Cash_Blockchain_News Open / Comment

2022-12-31 12:03:02 Argo Blockchain’s Share Skyrockets Over 100% After The Texas Mining Facility Deal

Argo Blockchain’s share price increased by more than 100% during UK trading hours and by 73.33% on the London Stock Exchange. The $65 million acquisition excludes Argo’s crypto machines, which the business will continue to run at Helios.

Argo Blockchain’s share price jumped more than 100% during UK trading hours on Wednesday and 73.33% on the London Stock Exchange after the company announced it would sell its Texas-based Helios facility to Galaxy Digital Holdings Ltd., an investment management and financial services firm led by billionaire investor Mike Novogratz.

Source

https://t.me/Cash_Blockchain_News Open / Comment

2022-12-30 13:04:03 Audit Platform CertiK Became An Official Partner Of The Open Network

CertiK has become an official partner of The Open Network and will audit TON-based smart contracts and services. With its analytics system, Skynet, CertiK monitors and analyzes smart contracts in real time and immediately alerts if any vulnerabilities are found.

With its analytics system, Skynet, CertiK monitors and analyzes smart contracts in real time and immediately alerts if any vulnerabilities are found. The partnership will increase security standards and transparency in the TON ecosystem while increasing confidence in the network for all participants. CertiK has audited many key components of The Open Network, including the vesting schedule smart contract.

Source

https://t.me/Cash_Blockchain_News Open / Comment

2022-12-29 07:22:02 SBF Borrowed $546M From Alameda To Buy Robinhood Shares

According to court documents, former FTX CEO Sam Bankman-Fried (SBF) borrowed hundreds of millions of dollars from Alameda Research to purchase Robinhood shares (HOOD).

According to the details from the affidavit provided to a Caribbean court, Bankman-Fried stated that he and FTX co-founder Gary Wang borrowed $546 million from Alameda using promissory notes in April and May. They used that money to fund Emergent Fidelity Technologies Ltd., the shell business that purchased a 7.6% share in Robinhood in May.

Source

https://t.me/Cash_Blockchain_News Open / Comment

2022-12-28 08:07:02 The Crypto Art Renaissance Will Be Created In Italy

According to Research and Markets’ most recent NFT market study for Italy, the country’s NFT market would increase by 47.6% by the end of 2022. The country will create a crypto art renaissance in the near future.

According to new research, it is now poised to usher in the crypto art Renaissance through its nonfungible token (NFT) market. As a result, the Italian NFT market would be valued at roughly $671 million. Furthermore, Italy’s NFT industry is expected to increase at a compound annual growth rate of 34.6% during the following five years. The value of NFT spending is expected to reach $3.6 billion by 2028.

Source

https://t.me/Cash_Blockchain_News Open / Comment

2022-12-27 10:40:02 Brazilian Securities Commission CVM Opens a Path for Funds to Invest in Crypto

The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to invest in cryptocurrency tokens with the equivalent protections offered to other investment assets such as stocks.

Brazil has given one more step for the regularization and adoption of cryptocurrencies as investment instruments. The Brazilian Securities Commission has approved a new set of rules that now allow established funds to invest in cryptocurrency, opening a new market for these institutions. the investments will have to be overseen by a local supervisor.

Source

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2022-12-26 09:55:02 Binance Failing to Get US Exchange Listings for BNB Is Yellow Flag for Crypto Analysts

Binance, the world’s biggest crypto exchange by trading volume, has been the focus of crypto-market speculation in recent weeks after blockchain watchers detected billions of dollars of deposit outflows, the company’s auditor begged off.

BNB: The price has tumbled about 17% this month to $245, vastly underperforming the broad CoinDesk Market Index of digital assets, which is down 5.7%. At the peak in May 2021, BNB changed hands at $690, according to data from CoinMarketCap. The token’s market capitalization has dropped to around $40 billion, from a record $116 billion at one point last year.

Source

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2022-12-25 08:23:02 Paxos recovers $20 million in gold tokens stolen in the FTX hack

Paxos, a blockchain and trust company, has successfully reclaimed $20 million worth of gold tokens held in the wallets of an unknown attacker who hacked FTX in November. Paxos Gold (PAXG), tokens that are backed by real gold in Paxos' custody.

Paxos quickly froze 11,184 Paxos Gold (PAXG) worth $20 million from four hacker-controlled wallets. Now, about six weeks later, the team has fully reclaimed the assets. Still, the Paxos recovery represents only a small portion of the heist. At one point, the FTX drainer wallet held $302 million in ether alone belonging to the FTX reserves, almost all of which were sold off for bitcoin and could not be recovered.

Source

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2022-12-24 09:58:02 Ethereum Classic Hashrate Dumps Almost 50% In 3 Months

Ethereum Classic saw its hashrate balloon when Ethereum finally moved to a proof of stake mechanism. The miners who were being kicked out of the network and could no longer use their machines had switched to others such as Ethereum Classic.

On Sep. 16, the mining hashrate of the Ethereum Classic network reached a new all-time high of 199.4 terahashes per second (TH/s) after climbing steadily for more than a week. With this growth had come more usage on the network, triggering staggering growth in its price. Hashrate is now down almost 50% in the last 3 months to be sitting at 109.3 TH/s on Dec. 22.

Source

https://t.me/Cash_Blockchain_News Open / Comment

2022-12-23 09:21:02 Coinbase approved as Virtual Asset Service Provider by Irish central bank

Coinbase was granted approval by the Central Bank of Ireland to operate as a Virtual Asset Service Provider (VASP). Coinbase also said country operations will be led by new director Cormac Dinan, formerly of Crypto.com, Deloitte and Citi.

Coinbase Ireland will now be subject to the Criminal Justice Money Laundering and Terrorist Financing Act 2010, and the registration covers two Coinbase entities: Coinbase Europe Limited, and Coinbase Custody International Limited. The former provides crypto trading services to customers in Europe, while the latter provides crypto custody services to institutional customers. handle electronic payments for third parties.

Source

https://t.me/Cash_Blockchain_News Open / Comment