Binance will not be buying the deeply indebted crypto exchange FTX, the company reportedly said in a statement. “As a result of corporate due diligence, as well as the latest news reports regarding mi...
Tag: Trustnodes
Alameda Research Goes Blank – Trustnodes
The website of Alameda Research has gone down following reports of numerous investigations by numerous agencies on the numerous things that are currently ongoing. The once rising hedge fund now clearl...
Rumors FTX Still Has $1.3 Billion – Trustnodes
FTX may still have $1.3 billion in assets according to an unverified leaked spreadsheet that seems to be based on Zapper, a blockchain dapp that allows you to aggregate defi holdings and assets. The s...
Interactive Brokers Now Holds $100 Million Bitcoin and ETH – Trustnodes
Interactive Brokers (IBKR), one of the biggest stock trading platform has began offering the direct buying of crypto. In the third quarter earnings report the brokers said they use a third-party Crypt...
Ethereum Becomes Deflationary While Price Dives – Trustnodes
Ethereum has fallen to its lowest since July with the crypto diving to $1,160 after it became clear that not all is well at FTX. Rumors circulated last night the exchange had a $6 billion hole. As one...
Crypto Wins the Midterm Election – Trustnodes
America is going crypto with the biggest upset so far being in part thanks to this space as John Fetterman takes Pennsylvania for the Senate. That seat was red, previously held by Pat Toomey, a Republ...
Why FTX is Not Lehman Brothers – Trustnodes
Famous last words, some might say, but cryptos have gone through enough experiences to establish to some level of a reasonable degree that Lehman style contagion can’t quite happen in crypto. Lehman B...
Crypto Bigwigs Hint Not All is Well at FTX – Trustnodes
“All crypto exchanges should do merkle-tree proof-of-reserves,” Changpeng Zhao, Binance’s CEO, said in the first statement since announcing intent to acquire FTX. “Banks run on fractional reserves. Cr...
ETH Fees Spike 10x as Price Plunges – Trustnodes
Ethereum network fees have spiked 10x to 318 gwei with a simple transaction nearing $10 at one point while Uniswap transactions reached $76. That’s while ethereum’s price dived to $1,240 before slight...
FTT Crashes 70% – Trustnodes
FTX’s token FTT has plunged, down some 70% from $25 a couple of days ago to barely holding $7 as of writing. Its market cap has fallen by $2 billion in just two days, down now to $1 billion in one of ...
Markets Stunned on FTX and Binance – Trustnodes
A fast jump in bitcoin was followed by most of the gains being erased. Likewise, a spike in FTT has FTX’s token down to the same levels as prior to the astonishing announcement that Binance had signed...
Binance Announces Intention to Acquire FTX Following a “Liquidity Crunch” – Trustnodes
Binance’s CEO and FTX’s CEO have both stated their companies have signed a Letter of Intent (LoI) agreement for Binance to acquire FTX. “This afternoon, FTX asked for our help,” Changpeng Zhao of Bina...
Bitcoin Miners Keep Selling – Trustnodes
Stock traded miners are continuing to sell their bitcoin with Riot Blockchain miners being the latest to reveal they sold 1,925 BTC during Q3 2022. That’s now worth $37 million, but Riot managed to se...
300,000 ETH and 20,000 Bitcoin Withdrawn From FTX, BIT and Sol Down, FTT -25% – Trustnodes
FTX seems to be on the grip of full on panic with one of its ethereum address down from about 300,000 eth to just 1,000 eth according to onchain data. The balance is now increasing as new deposits are...
US Seizes 50,000 Bitcoins – Trustnodes
The United States Department of Justice (DoJ) stated they seized more than 50,000 bitcoin belonging to a SilkRoad hacker. James Zhong pleaded guilty on Friday to committing wire fraud in September 201...
Crypto Awaits Midterm Rally – Trustnodes
There’s a perfect track record of post-midterm U.S. stock gains with S&P 500 rising 19 out of 19 times in the 12-month period after midterm elections at an average of 15% gains. Who wins doesn’t m...
Bitcoin Nears 8 Billion Iranian Rial – Trustnodes
Bitcoin has far surpassed its all time high in Iranian money, with one BTC now trading above 7.6 billion Iranian Rial (IRR). That’s significantly higher than the official rate of 42,000 IRR to the dol...
Billions Withdrawn From FTX, Nodes Hit Capacity, CZ Announces Divorce – Trustnodes
“Get your funds out of FTX. This is financial advice,” so says Ran Neuner, who describes himself as a “CNBC Crypto Trader.” This bold statement follows the leak of FTX’s Q3 earnings, an exchange that ...
Bitcoin Resilience Tempts Bulls – Trustnodes
Bitcoin is up, nearing $21,000 again, following some eventful few days that may turn heads in Wall Street and wider markets. After a volatile yoyo on Wednesday’s interest rates decision, bitcoin fell ...
Ethereum’s L2 Wars Heat Up – Trustnodes
“This milestone marks the deployment of our end-to-end zkRollup, with all its components, to mainnet.” So said zkSync last Friday with all the other competing projects criticizing it for claiming to b...
Polygon Jumps 10% on Instagram, JP Morgan, Reddit Adoption – Trustnodes
Polygon, a project that has been out there for years, 2019, is seeing a change of fortunes after giving us a rare moment in August when its presentation of an open source zkEVM – the first – led to ch...
Fed Discussed Slowdown Says Powell – Trustnodes
The Federal Reserve Banks discussed the pace of tightening at the meeting held earlier, and will discuss it in the next meeting, Fed chairman Jerome Powell said at the press conference. “At some point...
Bitcoin Volatile as Fed Raises Interest Rates by 0.75%, Hints at Pivot – Trustnodes
The Federal Reserve Banks have further hiked the base rate by 75 points to 4%, the Fed said. “The Committee decided to raise the target range for the federal funds rate to 3-3/4 to 4 percent.” That’s ...
News of News For Bears and Bulls – Trustnodes
While Iranians gear up to remember the fifth of November, most are watching whether there will be some cultural revolution of sorts at the Fed too. JP Morgan projects that if the central bank raises i...
Treasury Considering Bonds Buybacks – Trustnodes
The Fed is selling and the Treasury might be buying their own debt, that’s the new financial system of all tricks and very few treats. The Federal Reserve Banks have been divesting $95 billion worth o...
MicroStrategy Bought 300 Bitcoin in Q3 – Trustnodes
MicroStrategy, the biggest corporate holder of bitcoin, has further added to their stack in the third quarter of 2022 while cryptos plunged to their low. MicroStrategy reported 301 bitcoin were purcha...
Deribit Hacked, “Funds Are Safe” – Trustnodes
Deribit, one of the biggest bitcoin and ethereum derivatives exchange, has been hacked out of $28 million. “Our hot wallet was hacked for USD 28m earlier this evening just before midnight UTC on 1 Nov...
What on Earth Are Chicken Bonds – Trustnodes
Unique NFTs that dynamically change based on a crypto bond where you can chicken in and chicken out, is the latest development in the decentralized finance (defi) and stablecoins space. That’s in LUSD...
Dogecoin Jumps in a Sign of Excitement While Macro Shifts – Trustnodes
Dogecoin is up again, gaining 17% after briefly touching a recent high of 16 cent. The currency had mini-crashed to 11 cent from 15 cent following a sudden bull run from 6 cent. Now it’s at it again, ...
Etherean Nikolai Muchgian Dead by Drowning – Trustnodes
Nicolai Arcadie Muchgian, a 29 year old coder that some describe as a MakerDAO co-founder and a stablecoins innovator, including a fork of DAI called Rai by Reflexer Labs, has been swept away by sea c...
Ethereum Coders Best Paid in Tech Industry – Trustnodes
Solidity developers are the best paid coders in the world according to DevJobs Scanner, a site specializing in jobs for coders. Solidity “is getting a lot of traction recently,” Logan Dev, the founder...
Ethereum’s Ratio “Most Bullish Chart in the World” Says Raoul Pal – Trustnodes
Raoul Pal, a former hedge fund manager now running the Global Macro Investor, has turned very bullish on ethereum’s value in relation to bitcoin (the ratio). “Is the ETH/BTC ratio the single most bull...