Altcoin News

Bitcoin broke through the $17,000 mark! The market waits for the release of CPI data, Powell’s speech

Bitcoin broke through the $17,000 mark decisively early this morning (9th), broke through the recent price range, and hit a three-week high. Prior to this, the United States released key economic data on Friday showing that the job market is still quite strong, and there is still some distance from a recession, which boosted people’s …

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Insist that “HUOBI is a fire in the bear market”! Justin Sun denies layoffs of 800 people

Faced with the threat of a wildfire-like bear market, cryptocurrency companies are laying off workers in waves. It has been widely rumored in the market earlier that the cryptocurrency exchange Huobi (formerly Huobi) also plans to drastically lay off 800 employees and cancel the year-end bonus for all employees. In response to the above news, …

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Bahamian Authorities: Seized $3.5 Billion in Digital Assets from FTX

The Securities Commission of the Bahamas (Securities Commission of the Bahamas) stated earlier today (30th) that authorities seized as much as $3.5 billion in digital assets from FTX. Authorities in the Bahamas ordered FTX to transfer assets held in cryptocurrency wallets to government-controlled wallets on Nov. 12, saying the urgent legal action was to protect …

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SBF released on $250M bail! How to pay the sky-high bail with “$100,000 left”?

FTX founder Sam Bankman-Fried (SBF) made his first court appearance on December 22 after being extradited back to the United States for trial and was granted $250 million bail, one of the largest pretrial bail amounts in U.S. history. However, after the collapse of the FTX empire, SBF’s net worth was almost reduced to zero, …

SBF released on $250M bail! How to pay the sky-high bail with “$100,000 left”? Read More »

FTT plummeted after FTX announced its acquisition, investors went from worry to frenzy to panic

In the early morning of the 9th, FTX CEO Samuel Bankman-Fried (SBF) and Binance CEO Changpeng Zhao (CZ) announced the news of “Binance’s acquisition of FTX” through social media. Changpeng Zhao confirmed on Twitter that the two cryptocurrency exchange giants signed a non-binding letter of intent. However, the message content of this post far exceeded …

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“National DeFi” is coming! Monetary Authority of Singapore’s “DeFi Trial” completes its first transaction

The Monetary Authority of Singapore (MAS) announced on November 2 that it has officially launched a digital asset and decentralized finance (DeFi) trial, and said that the first industrial trial of its project “Project Guardian” has completed the first real-time transaction. Institutions include DBS Bank, JPMorgan Chase and SBI Digital Asset Holdings. The trial aims …

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Determined to make the UK a “Global Crypto Asset Center”! How will the new prime minister support the currency circle?

Rishi Sunak, the former British Chancellor of the Exchequer, was elected leader of the Conservative Party on Monday and was determined to take over as Prime Minister of the United Kingdom. In addition to the heated discussion about his family background like a “victory group in life”, people in the currency circle also paid special …

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Will the SEC hand over the “Hinman document” the key to Ripple’s victory in the lawsuit?

The lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has been entangled for nearly 2 years, and there have been new developments recently. Ripple said on the 21st that it has successfully obtained the “Hinman document” from the US SEC and declared its next victory. Ripple’s general counsel Stuart Alderoty said …

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The cross-chain bridge was hacked, and the Binance Smart Chain BSC shut down in an emergency! Estimated loss of about $100 million

There is another hacking incident in the cryptocurrency market, and this time the victim is Binance Smart Chain (BSC). Binance founder and CEO Changpeng Zhao (CZ) and BNB Chain officials announced this morning (7) that additional Binance Coins (BNB) will be generated due to the intrusion of the cross-chain bridge BSC Token Hub, so BSC …

The cross-chain bridge was hacked, and the Binance Smart Chain BSC shut down in an emergency! Estimated loss of about $100 million Read More »

Dogecoin is soaring again! Musk confirms the acquisition of Twitter is expected to bring long-term benefits?

Dogecoin (DOGE) soared more than 8% today (5), in addition to following the overall market trend, it also received the support of the number one “fanboy” Musk. The Tesla and SpaceX CEO has confirmed that he is willing to carry out a deal to buy social media Twitter. Originally, Musk was about to enter a …

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