The fund transfer may be part of a recovery effort to repay creditors of the failed FTX crypto exchange. On May 9, crypto exchange OKX sent approximately $60 million worth of digital assets to wallets connected to failed hedge fund…
Kategorie: Crypto Flash News
Bitcoin traders offer downside targets as BTC price risks sub-$25K dip
It’s increasingly hard to find a bullish voice when it comes to short-term BTC price action. Bitcoin (BTC) treaded water below $28,000 on May 9 as markets prepared for macroeconomic data releases. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin…
12 factors VCs should focus on when vetting crypto and blockchain companies
Due diligence when vetting crypto and blockchain companies comprises considering both traditional business factors and unique imperatives. Venture capitalists may be wary of the crypto and blockchain industry at the moment, and it’s not without reason. However, the highly publicized…
How low can the Bitcoin price go?
Bitcoin is down for the fourth consecutive day to paint a bearish technical pattern that’s hinting at BTC price going below $25,000. The price of Bitcoin (BTC) has fallen three days in a row as traders assess many downside factors,…
Bitcoin priced on Binance.US crypto exchange at $700 premium
The highest intraday price of Bitcoin on Binance.US reached as much as $28,600, while the intraday market price high amounted to $28,000. Amid the global cryptocurrency exchange Binance recovering from several halts of Bitcoin (BTC) withdrawals, its American arm, Binance.US,…
Microsoft, Goldman Sachs, others partner in new blockchain network
The Canton blockchain network for financial institutions is being launched by Digital Asset and a group of firms, including Microsoft, Goldman and Deloitte. A new blockchain network aimed at financial institutions is in the works from a conglomerate of participants…
$3.4B of Bitcoin in a popcorn tin: The Silk Road hacker’s story
The Silk Road hacker lived the high life for a decade with his stolen billions — but was caught due to a transfer of pocket change. Where would you hide $3.4 billion worth of Bitcoin? For James Zhong, the ideal…
Bitcoin fee spike spurs shift to Lightning Network: Binance and Coinbase line up
Binance announced plans to embrace the Lightning Network: which large crypto exchanges are Lightning ready, and which ones are yet to be struck? The recent surge in Bitcoin (BTC) transaction fees has lit a fire under one of the largest…
32% of home offices invest in digital assets: Goldman Sachs
While the interest in crypto investments was rising last year among home offices, 2023 saw a massive decline in investors’ certainty about the digital assets market. While the interest in crypto investments was on the rise last year among home…
How to send and receive payments on the Lightning Network
Learn to use Lightning Network by setting up a wallet, funding it, and using it to make and receive payments. To send and receive payments on the Lightning Network, users must first set up a Lightning wallet and fund it…