Posted 1 minute ago In ~ A British Virgin Islands court has frozen up to $1.1 billion worth of assets owned by Su Zhu and Kyle Davies, the founders of defunct cryptocurrency hedge fund Three Arrows Capital, and Davis’ wife.The company’s liquidator, Teneo, said in a statement shared with The Block today that a BVI court issued an order on December 18 banning the two founders and Davies’ wife, Kelly Chen, from trading their assets globally.“The worldwide freezing order was sought in relation to the argument pursued by the liquidators that, among other things, the founders should be held responsible…
Author: Crypto Flexs
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reporter Posted on: December 21, 2023 Over the past few days, over $3 million in MATIC and LINK have been accumulated. The values of MATIC and LINK have increased in the last 24 hours. Depending on the Look on chainOn December 20, the newly created wallet withdrew 24,860 Chainlink (LINK) tokens worth $3.5 million and 5 million Polygon (MATIC) tokens worth $3.13 million from the Binance (BNB) exchange. How do these recent accumulations compare to the current exchange flows of these assets? Polygon and Chainlink exhibit different accumulation patterns. As a result of the above report, AMBCrypto analyzed Polygon’s exchange…
Bankrupt cryptocurrency lender Celsius sold $250 million worth of digital assets, including Ethereum, in the past 30 days, according to on-chain data.Cryptocurrency Detective Apes_Prologue reported that Ethereum accounted for $243 million, or 97%, of the bankrupt company’s sales activity during the period.Separately, blockchain analysis company Peckshield Confirmed The defunct lender Over 10,000 transferred ETH, In the last 24 hours, approximately $24 million worth of funds were delivered to cryptocurrency exchange Coinbase and cryptocurrency brokerage platform FalconX.meantime, Apes_Prologue added that Chelsea also dumped more than $3 million in stablecoins, $1.3 million in Chainlink LINK and $1.4 million in Pax Gold. Other…
Bitcoin price is on the rise and recently broke the resistance level of $43,500. BTC is still on a strong upward trajectory and has the potential to rise above $45,000. Bitcoin continued its upward trend and surpassed the $43,500 resistance zone. The price is trading above $43,000 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a connecting bullish trendline forming with support near $43,100. The pair may continue to rise if the closing price passes $44,500 and $45,000. Bitcoin price gains strength again Bitcoin price remained stable above the $42,000…
According to a report by CoinMarketCap, Solana (SOL) has surpassed XRP to become the fifth-largest cryptocurrency with a market capitalization of $33.7 billion, hitting a 20-month high. The recent surge in value of SOL is due to the strong decentralized finance (DeFi) ecosystem and the craze surrounding meme coins. Despite the selling pressure associated with the FTX bankruptcy holdings, SOL’s growth has remained resilient.SOLUSD Chart: Tradingview.comDriving factors:The rapidly growing DeFi ecosystem: Solana’s decentralized finance ecosystem has seen significant growth, with total value locked (TVL) exceeding $1 billion. This milestone follows the collapse of FTX in November last year, with the…
Blockchain company CertiK recently issued a top priority warning to OKX Wallet users, especially those using the iOS application. The warning, delivered through social media and other channels in December 2023, highlighted the urgency for users to update their applications due to serious security flaws discovered by the company. The issue at the heart of this alert is a remote code execution (RCE) vulnerability identified within the OKX Wallet app. Exploiting this vulnerability poses a serious risk, potentially allowing malicious actors to compromise sensitive data and cryptocurrency assets stored within the app. The nature of this flaw, which allows remote…
Avail is working with StarkWare to improve data availability for validation-based appchains within the Starknet Layer 2 network.This data availability solution is integrated into the Starknet app chain developed using Madara, a custom sequencer. These app chains operate as “Layer 3” in the Starknet ecosystem.Layer 3 will be able to leverage Avail for data availability in multiple modes, according to the statement. These modes include validation and sovereign rollup, each offering unique advantages in terms of transaction processing efficiency and finality.The infrastructure will be available on the Madara chain following mainnet launch, scheduled for Q1 2024. Developers can now start…
December 20th Bitfinex Pay – Release V0.5.3 that much Bitfinex Pay Merchant Dashboard An internal tool designed to provide merchants with powerful reports and features to manage their merchant cryptocurrency gateway. We are excited to share the latest updates on Bitfinex Pay. For more information about Bitfinex Pay, please visit https://blog.bitfinex.com/category/bitfinex-pay/. Seller Dashboard improvement In the Invoice Details menu, the USDt copy has been replaced with the correct copy.The Knowledge Base link in the Manual Invoice Generator menu has been updated to link directly to the relevant section of the Bitfinex Pay Dashboard Knowledge Base article instead of at the…
The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) issued a Request for Information (RFI). This plan seeks public input to support carrying out the responsibilities outlined in the recent Executive Order on the safe and trustworthy development and use of artificial intelligence. The deadline for responses is February 2, 2024.. President Biden’s executive order represents a comprehensive approach to managing the burgeoning risks and opportunities presented by AI. It mandates the development of new standards for AI safety and security and highlights the critical need to protect Americans’ privacy, promote equity and civil rights, and ensure…
alarm: that much Gray Glacier Upgrade Scheduled to be blocked 15,050,000Scheduled for June 29, 2022that much Kiln merge testnetwhich launched earlier this year, is scheduled to close shortly after the Ethereum mainnet switches to proof-of-stake.Ropsten, Ethereum’s longest-running proof-of-work testnet, has transitioned to proof-of-stake. It is scheduled to end in the fourth quarter of 2022.Rinkeby is a Geth-based proof-of-authority testnet. won’t It will transition to proof-of-stake and is scheduled to end in the second or third quarter of 2023.We recommend that users and developers migrate to Goerli or Sepolia as soon as possible to test Ethereum in context after the merge.…