BTC Proxy Is Live on BNB Chain and Interoperable With WBTC and BTCB

March 11, 2023 Bitcoin.com

bitcoin.com

PRESS RELEASE. Leading DeFi protocol BTC PROXY today expanded support for the Binance BNB Chain as well as updating support on Ethereum and Polygon for their ($BTCpx) Bitcoin Proxy. Minting and bridging of BTCpx to the three networks goes live on or after March 10th, 2023. This fulfilled a vision of allowing the Proxy community […]

Trader Says Large-Cap Memecoin Looks ‘Undeniably’ Strong, Flips Bullish on Ethereum (ETH)

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

March 3, 2023 Bitcoin.com

FTX Debtors Report .9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

$8.9 billion

On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in FTX-related addresses, but only $694 million is considered “Category A Assets,” or liquid cryptocurrencies […]

Trader Says Large-Cap Memecoin Looks ‘Undeniably’ Strong, Flips Bullish on Ethereum (ETH)

Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday

March 3, 2023 Bitcoin.com

Avalanche

According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth $190.9 million was bridged over to the Avalanche network. Bitcoin Bridged […]

Trader Says Large-Cap Memecoin Looks ‘Undeniably’ Strong, Flips Bullish on Ethereum (ETH)

Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse

February 16, 2023 Bitcoin.com

Total Value Locked in Defi Surpasses Billion Mark for First Time Since FTX Collapse

Aave

Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido accounting […]

Trader Says Large-Cap Memecoin Looks ‘Undeniably’ Strong, Flips Bullish on Ethereum (ETH)

Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network

January 24, 2023 Bitcoin.com

alternative blockchain

Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on the Avalanche blockchain, while the Lightning Network holds 5,248 bitcoins. […]

Trader Says Large-Cap Memecoin Looks ‘Undeniably’ Strong, Flips Bullish on Ethereum (ETH)

Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days

January 20, 2023 Bitcoin.com

Altcoins

Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remains Largest Operation in Terms of Bitcoin Custody Despite Recent Redemptions The […]

Trader Says Large-Cap Memecoin Looks ‘Undeniably’ Strong, Flips Bullish on Ethereum (ETH)

Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation

January 5, 2023 Bitcoin.com

'legit legs'

According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by Conor Grogan, a director at Coinbase, and while most of the transactions took place on Dec. 28, there was some recent activity in the first […]

Trader Says Large-Cap Memecoin Looks ‘Undeniably’ Strong, Flips Bullish on Ethereum (ETH)

Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the Year

November 26, 2022 Bitcoin.com

Apeswap

This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC and since then, the number has dropped by more than 15% down to 225,962 WBTC. Similarly, the quantity of tokenized […]

Trader Says Large-Cap Memecoin Looks ‘Undeniably’ Strong, Flips Bullish on Ethereum (ETH)

Biggest Ethereum Whale Makes Nearly $1,000,000,000 in Less Than a Month As ETH Cracks $2,000

August 16, 2022 The Daily Hodl

Biggest Ethereum Whale Makes Nearly ,000,000,000 in Less Than a Month As ETH Cracks ,000

Aave USDC

The richest wallet on the Ethereum (ETH) network increased in value by almost a billion dollars over the past 30 days on the back of strong ETH rallies. According to blockchain tracking service Whalestats, the whale known as Naruto went from a balance of just over $1.98 billion on July 15th to more than $2.96 […]

The post Biggest Ethereum Whale Makes Nearly $1,000,000,000 in Less Than a Month As ETH Cracks $2,000 appeared first on The Daily Hodl.

Trader Says Large-Cap Memecoin Looks ‘Undeniably’ Strong, Flips Bullish on Ethereum (ETH)

OFAC’s Tornado Cash Ban Causes Github Suspensions and the Blacklisting of Crypto Addresses Holding $437M

August 9, 2022 Bitcoin.com

OFAC’s Tornado Cash Ban Causes Github Suspensions and the Blacklisting of Crypto Addresses Holding 7M

attack

On August 8, the ethereum mixing service Tornado Cash, and all the crypto addresses associated with the platform, were officially banned by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). Following the ban, the internet hosting service for software and open source code development, Github, erased some of the Tornado Cash commits and […]

WBTC

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