Monday morning saw bitcoin trading back under US$19,000, a level it has been bouncing around for the majority of the last two weeks due to global macroeconomic worries that have also affected equity markets. Ether also dropped. Among the top 10 cryptocurrencies by market capitalization, BNB was the only riser. Bitcoin was down 1.2% over
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The cryptocurrency exchange Coinbase Global Inc. claimed that on Sunday night, technical issues that had kept users of U.S. bank accounts from making withdrawals or payments for the majority of the day were resolved. The Automated Clearing House Network, or ACH, is a system that electronically moves money between bank accounts in the United States.
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According to cryptocurrency auditor SlowMist, the cross-chain DEX (decentralized exchange) aggregator Transit Swap was abused, costing US$23 million in lost funds. According to Transit Swap, the hacker has returned 70% of the money that was taken. Transit Swap claims it is gathering information to create a refund strategy and has not yet returned users’ money.
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The motion by Celsius to sell its stablecoin holdings and reopen withdrawals for a limited number of customers has been objected to by the Department of Justice (DOJ). According to the DOJ, there is a lack of transparency in Celsius’ financial situation, and important decisions like this shouldn’t be made until the independent examiner report
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According to the Financial Times, Alex Mashinsky, who left his position as CEO of Celsius on September 27, took US$10 million out of the cryptocurrency exchange in May, just weeks before it filed for bankruptcy and put a freeze on withdrawals in June. The embattled ex-CEO “withdrew a percentage of cryptocurrency in his account, much
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The Founders of BOK Productions, Kimberli Bruce and Keri Kilty are bringing the first of its kind Women led the educational conference for Web3 technologies, Web3 Summits, led by the Women in Web3, November 29 (registration and VIP dinner) through December 1st, 2022 to the Miami Airport & Convention Center, Miami Dade. These Women are
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