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FTX Estate Controls $1.1B in Solana and $560M in Bitcoin Amid Bankruptcy Revelations – Bitcoin News

September 12, 2023

The FTX estate, currently overseeing the bankruptcy and restructuring of the once-active crypto exchange, reveals holdings of $1.16 billion in solana (SOL) and $560 million in bitcoin (BTC). 16% of Solana’s Market Cap Is Held by FTX In a recent Monday court filing, a stakeholder update showcases the premier digital assets held by the estate. As of August 31, 2023, these liquid tokens have a…

Study: Weekly Digital Asset Investment Outflows Hit $59M; BTC Sees Largest Drop – Market Updates Bitcoin News

September 12, 2023

In the first week of September, an outflow of $59 million worth of digital assets managed by Digital Asset Funds was recorded, the latest Coinshares data has shown. The latest outflow means the value of digital asset investment products under management has dropped by a…

Coinbase CEO Discusses US Crypto Regulation — Sees More Institutional Investors Coming In – Regulation Bitcoin News

September 12, 2023

Coinbase CEO Brian Armstrong has explained that crypto regulation in the U.S. will happen in one of a few ways. He noted that Coinbase is seeing more institutional investors coming in and signing up as they seek “a flight to quality.” The executive added: “There’s a…

Environmentalists Rally Against Crypto Mining Facility Renewal in New York, Citing Climate Concerns – Bitcoin News

September 12, 2023

Environmental advocates are redoubling their efforts to persuade New York officials to decline an air permit renewal for a cryptocurrency mining facility in North Tonawanda. They assert that the operation imperils residents’ quality of life and undermines the state’s climate objectives, as per a report by Mark Scheer for the Niagara Gazette. Battle Brews Over NY Cryptocurrency Mining…

Bitcoin, Ethereum Technical Analysis: ETH Below $1,600 Ahead of Key US Economic Releases – Market Updates Bitcoin News

September 12, 2023

Ethereum has started the week below $1,600, as markets appeared to be awaiting the release of several key data points from the United States. After a quiet week, the coming days will see the latest inflation, retail sales, and consumer sentiment figures released. Bitcoin…

G20 Leaders Endorse FSB Recommendations for Crypto Regulation – Regulation Bitcoin News

September 11, 2023

The G20 leaders have released their declaration following their summit in New Delhi. They endorsed the Financial Stability Board’s “high-level recommendations for the regulation, supervision, and oversight of crypto-assets activities and markets and of global stablecoin…

Crypto Tycoon Bankman-Fried Seeks Release From Jail Over Trial Prep and Laptop Complaints – Legal Bitcoin News

September 11, 2023

Attorneys for fallen cryptocurrency tycoon Sam Bankman-Fried are requesting his temporary release from a Brooklyn jail, arguing that limited access to trial evidence and computers is impeding his ability to prepare his defense. Sam Bankman-Fried’s Lawyers Urge Temporary Release Amid Trial Challenges In a letter to federal judge Lewis Kaplan filed Friday, Bankman-Fried’s lawyers Mark Cohen and…

Crypto Firm Riot Defends Texas Power Strategy After Headlines Claim State ‘Paid’ Miner – Mining Bitcoin News

September 11, 2023

Bitcoin mining company Riot Platforms is defending its participation in Texas’ electricity market programs after recent headlines claimed the state ‘paid’ the miner over $30 million to reduce power in August. Riot Platforms Sets the Record Straight In a statement…

Binance CEO Urges Hardware 2FA Use for All Crypto Platforms After Vitalik Buterin's X Account Hack – Security Bitcoin News

September 11, 2023

Binance CEO Changpeng Zhao (CZ) has urged everyone to use hardware 2FA for all crypto platforms after a social media account belonging to Ethereum co-founder Vitalik Buterin was hacked and used to post a crypto scam link. “In the past, I have had my Twitter account locked…

Vitalik Buterin’s X Account Hacked to Promote Crypto Scam – Bitcoin News

September 11, 2023

The X account of Ethereum founder Vitalik Buterin has apparently suffered a breach by scammers spreading phishing links. The attack, which manifested itself in the form of a post offering free digital collectibles, has allegedly resulted in the loss of over $690,000 for those who fell for the fraud. Scammers Lure Victims With Phishing Post From Vitalik Buterin’s X Profile The X (formerly…