ERC20 Official Crypto channel

2023-01-04 12:31:37 Sam Bankman-Fried refused to plead guilty. Court scheduled for October

The founder of the collapsed cryptocurrency exchange FTX, Sam Bankman-Fried (SBF), pleaded not guilty to eight counts. It is reported by Bloomberg.

U.S. District Judge Lewis Kaplan, appointed at the end of December, set the date for the trial to be October 2, 2023.

Bloomberg noted that the withdrawal of the guilty plea will allow Bankman-Fried to get more information about the evidence against him and plan the next step. Open / Comment

2023-01-04 12:29:28 Fresh crypto rate! Open / Comment

2023-01-03 16:23:48 Circle executive: “Last year was not like a crypto winter, but like an ice age”

In a post on the World Economic Forum (WEF) website, Dante Disparte noted the growing use of cryptocurrencies in the financial services sector. According to the specialist, the ongoing bearish trend in the cryptocurrency market, the bankruptcy of several crypto lenders and the collapse of the FTX exchange could subsequently be a boon for the industry, as these negative events will lay the foundation for more responsible and affordable investments.

“Remember how the dot-com bubble burst in the early 2000s, after which the future of the Internet was in the hands of companies with more sustainable business models. The past year has been very challenging, with one of the worst bear markets in the history of cryptocurrencies. Perhaps 2022 also marks the transfer of blockchain infrastructure and cryptocurrencies into safer hands,” wrote Dispart. Open / Comment

2023-01-03 14:28:57 Jim Cramer Predicts Another Weak Year for Crypto

According to CNBC columnist and Mad Money host Jim Cramer, the community should not expect major crypto booms in 2023 as the industry will be dominated by depressive sentiment.

“I am predicting another depressing year for crypto and wondering how many millions of people are still involved,” Kramer tweeted.

Earlier, the PricePrediction cryptoasset monitoring service, using artificial intelligence, predicted the bitcoin rate at the beginning of 2023. According to the algorithms, in a month Bitcoin will be trading at $15,532. This is about 7% lower than the current value of BTC. In general, it is expected that during January the rate of the first cryptocurrency will decrease. Recall that BTC ended 2022 on a minor note - the coin lost more than 70% of the 2021 high. Open / Comment

2023-01-03 13:18:13 Bitcoin's genesis block was mined 14 years ago

On January 3, 2009, a person or group of people under the pseudonym Satoshi Nakamoto launched/-and the main Bitcoin network by mining a genesis block with 50 BTC.

Its hash contains the title of the article "Chancellor on brink of second bailout for banks" by the British edition of The Times.

The first transaction took place on January 12, 2009 - Satoshi Nakamoto sent 10 BTC to Hal Finney. Three days before, Bitcoin software version 0.1 was published. Open / Comment

2023-01-03 13:12:57 Good morning! Fresh crypto rate Open / Comment

2023-01-02 19:46:53 Open / Comment

2023-01-02 19:00:33 Unidentified people stole over 200 BTC from a Bitcoin Core developer

Bitcoin Core developer Luke Dash Jr. reported that his PGP key was compromised and a large amount of the first cryptocurrency was lost.

Dash Jr. did not specify the amount of damage. In the thread, he shared a wallet address allegedly linked to the hack — at the time of writing, it contains 216.9 BTC (more than $3.6 million at the current exchange rate). Four transactions completed on December 31, 2022.

The head of Binance, Changpeng Zhao, reacted to the incident. He stated that he informed the security service of the exchange about the need for monitoring. Open / Comment

2023-01-02 16:28:27 Bahamas regulator: We hold $3.5 billion of FTX client funds

The regulator said in a statement that the funds were transferred to SCB wallets on November 12. At the same time, the freezing of funds from the FTX exchange was reported the day before, on November 11. Also at this time, assets worth over $300 million were withdrawn by the liquidation commission of FTX. About the same amount, unknown hackers (or insiders) managed to withdraw to their wallets. In this connection, US regulators launched their own investigation.

The Bahamas regulator emphasizes that the founders of the FTX exchange, Sam Bankman-Fried and Gary Wang, do not have access to these funds. The assets will be transferred to the liquidation commission of the exchange for distribution to affected users. SCB has confirmed that it will not require priority payments for residents of the Bahamas. Open / Comment

2023-01-02 12:22:13 Fortune: Investments in the crypto industry fell by $5 billion over the year

According to the results of the study, as the crisis in the market drags on, investors are less likely to invest in the cryptocurrency industry. Global funding for the crypto industry decreased from $8.8 billion in the first quarter of 2022 to $6.2 billion in the second quarter, after which it fell to $3.4 billion in the third.

The top 3 companies/projects that received the most investments in the past year were:

- Blockchain platform Polygon - in February, the company raised $450 million through a private sale of its own MATIC token.

- YugaLabs, the company behind the collection of non-fungible Bored Ape tokens, also received $450 million - investors were a16z, Animoca Brands, The Sandbox and the collapsed FTX crypto exchange.

ConsenSys, which developed the MetaMask crypto wallet, received $450 million in March at a market value of its entire business of $7 billion. Open / Comment