EIP-1559 was launched in August 2021. For every transaction on the network, one ETH is burned. Making it more deflationary than Bitcoin. Ethereum still ranks second despite it being used by numerous...
Tag: worth
US Government Seizes Nearly $700,000,000 Worth of Sam Bankman-Fried’s Assets As Fraud Investigation Intensifies
A new court filing reveals that US authorities have so far recovered nearly $700,000,000 worth of cash and assets from accounts linked to former crypto golden boy Sam Bankman-Fried. According to a doc...
At $2.36, Synthetix Ranks #66. Is it Worth Your Time and Money?
Join Our Telegram channel to stay up to date on breaking news coverage As a revolutionary product in the market, Synthetix offers synthetic assets (currencies) linked to the value of real assets. As a...
Almost $30 Million Worth of XRP Left in FTX , Here’s How Dangerous It Is
According to crypto analytics portal Kaiko, the combined accounts of FTX, FTX US and its affiliate trading firm, Alameda Research, still hold $3.3 billion in various crypto assets. Among them is XRP, ...
SBF to forfeit $700M worth of assets if found guilty of fraud
According to new court filings, disgraced FTX founder Sam Bankman-Fried (SBF) will be subject to the forfeiture of roughly $700 million worth of assets if he were to be found guilty of fraud. In a cou...
2.8 Million Ethereum (ETH) Worth $4.6 Billion Burnt Since EIP 1559
5 hours ago | 2 mins read Altcoin News The burn arises from every NFT trade, yield strategy, and even basic token transfers. Since the last 7 days, the Ethereum protocol has burned almost $16.3 milli...
Chinese Miner Transfers 5,600 Bitcoin Worth $124 Million to Binance
1Thash sent out a total of 2,396 bitcoin on January 17 and 3,336 bitcoin on January 19. The BTC reserve balance for all miners fell to its lowest level in a year, at 1.837 million. According to blockc...
Vitalik Buterin Transfers $11.16 Million Worth of Ethereum (ETH) Between Wallets, What’s Happening?
Arman Shirinyan Vitalik Buterin is actively moving his own funds, but reason behind such operations remains unclear The co-founder of the second biggest network in the industry has transferred almost ...
SEC Charges Avraham Eisenberg for Stealing Cryptos Worth $116 M
Avraham Eisenberg is charged with market manipulation of the MNGO token, Mango’s governance. Eisenberg was arrested in Puerto Rico in December and will now be deported to New York to face charges. In ...
Nearly $700M Worth of Assets Linked to Sam Bankman-Fried, FTX Seized by US
United States prosecutors have seized nearly $700 million worth of assets either owned by collapsed crypto exchange FTX or tied to founder and former CEO Sam Bankman-Fried, authorities disclosed in a ...
Netflix’s ‘That ‘90s Show’ Is Surprisingly Worth Your Time
That ’90s Show Netflix I have been deeply skeptical of Netflix’s comedic ambitions ever since I watched the first five minutes of Blockbuster, which I fear have scarred me for life. I had simila...
Sam Bankman-Fried’s $700M Worth Assets Seized by U.S Fed
2 hours ago | 2 mins read Editors News The crypto exchange bought assets under FTX Digital Markets name in US currency. FTX held stock in three accounts at rival cryptocurrency exchange Binance. U.S F...
Genesis Transfers Ethereum, USDT, USDC Worth Millions Amid Bankruptcy
Genesis Trading’s lending business Genesis Global Capital filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of New York. Amid the bankruptcy filing, Gen...
NEXO prices deny the news trends — SEC levies penalties worth $45M
Nexo comes to an agreement with the agency to make penalty payments. A week ago, Bulgarian authorities raided Nexo offices. Prices increased by more than 13%. It’s been a week since the local au...
Whales Dump Billions of Shiba Inu Worth Around $5.1 Million
8 hours ago | 2 mins read Altcoin News Whale addresses have transacted more than 443 billion Shiba Inu coins. Information gleaned from Coinglass indicates that 318.3 billion Shiba Inu coins were sold....
Peter Thiel’s Fund Cashed Out $1B Worth Crypto After Holding for 8 Years: FT
Peter Thiel has been a long-time Bitcoin backer. But his fund closing almost all its crypto positions shortly before the market went downhill did not sit well with many. According to Fortune’s latest ...
Buyer Purchases 69 DeGod NFTs Worth $1 Million Via Magic Eden
10 hours ago | 2 mins read NFT News Pokeee had promised this on Twitter if his post on January 13 received 1,000 likes. The buyer claimed to oversee a private cryptocurrency fund. On Monday, an unname...
Bored Ape Whale Collects $1M Worth DeGods NFTs
Nearly $1 million was spent on Monday to sweep 69 DeGods NFTs by an alias trader known only as “Pokeee.” Pokeee purchased the NFTs from a project through the Magic Eden marketplace using a tool that e...
2 Million BNB Worth $617 Million Burned by Binance, Here’s How Price Reacts
Gamza Khanzadaev Black-and-yellow crypto giant burns hundreds of millions of dollars worth BNB Leading cryptocurrency exchange Binance has reported the successful completion of another round of burnin...
BNB is headed to this area after Binance’s burn event worth $500 million
Binance burnt over two million BNB tokens worth over $500 million. BNB’s price was on an uptrend and in the overbought zone at press time. On 17 January, Binance [BNB] announced the completion of its ...
Binance Completes 22nd Token Burn, Removes $620 Million Worth Of BNB From Circulation
In a recent tweet, Binance announced that it has completed its 22nd BNB burn and first quarterly burn of 2023. When BNB was introduced in 2017, a promise was made to burn 100 million of the coin’s ent...
Binance Burns $620 Million Worth Of BNB, Massive Rally To Follow?
Binance completed its 22nd burn round, removing 2.064 million BNB tokens from circulation. The massive token burn amounts to $620 million, according to the price at the time of the burn. Through these...
Binance burns 2 million BNB worth $621m
Binance has burned over 2 million BNB, valued at $621 million, in its 22nd quarterly auto-burn exercise. The latest burn transaction includes 7,181 BNB from the platform’s Pioneer Burn Program, and br...
Alameda Reported to Had 65BN USD Worth Line of Credit from FTX Customers’ Funds
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Arkham Intel: Alameda Research liquidators incur losses worth…
Liquidators have reportedly lost at least $11.5 million since taking control of Alameda Research’s trading accounts, as per Arkham Intel. The total preventable loss has been estimated to be $4 million...
Former Bank of England Advisor States CBDCs Are Not Worth The Risk
Many countries have been on the quest to launch CBDCs. According to data from Crowdsourcingweek, up to 105 countries have shown interest in these central bank digital currencies. Out of these countrie...
Binance Burns $620 Million Worth of BNB
The world’s largest cryptocurrency exchange continues with its goal to reduce the overall BNB in circulation to 100 million. To do so, the company announced completing the 22nd burn of its native toke...
CBDCs not worth the costs and risks, says former BoE advisor
Central banks worldwide are pushing forward with digital asset projects despite the various crypto industry implosions of the past 12 months. China has rolled out its central bank digital currency (CB...
Crypto Fraud Operation Worth Millions of Euro Busted in Serbia, Cyprus, and Bulgaria
Euro just busted a multimillion-euro call center crypto scam. Victims were lured into investing and then deceived. Prevention is better than cure. Wherever finance is involved, some bad actors try ...
Largest Ethereum Whales Pounce on Shiba Inu, Accumulate Over $85,500,000 Worth of SHIB: On-Chain Data
The biggest Ethereum (ETH) whales in existence are eyeing up Dogecoin (DOGE) rival Shiba Inu (SHIB), according to on-chain data. Keeping track of the 500 biggest whales on the Ethereum network, blockc...
Crypto Magnates Like Changpeng Zhao Saw Their Net Worth Crash in 2022
2022 was a year of loss, and many crypto billionaires – from Changpeng Zhao of Binance fame to the Winklevoss Twins who run the Gemini exchange – have lost a ton of money. So much in fact, that in jus...
I’m High Net Worth. Will My Taxes Change in 2023?
SmartAsset: Policy and tax changes impacting high-net-worth clients in 2023 As 2023 begins, advisors are looking ahead to the policy and tax changes impacting their high-net-worth clients. Those inclu...