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emma63taylor

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Bybit CEO Ben Zhou confirmed that $280 million of the $1.4 billion stolen from the exchange has been laundered and is no longer traceable. Still, about $1.07 billion remains trackable, allowing investigators to continue their efforts to recover the funds.
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Memecoins, once seen as community-driven digital assets, are increasingly being used to exploit retail investors, with a growing number of scams and failed celebrity-backed tokens raising regulatory concerns.
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Goldsmith Romero’s departure would leave Commissioner Kristin Johnson as the sole Democrat on the CFTC’s five-person commission.
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Still, “large players remain invested despite short-term outflows,” said Kazmierczak, adding that the Abu Dhabi Sovereign Wealth Fund and Wisconsin’s Pension Fund both hold “sizable BTC positions through ETFs” despite the recent selling pressure.
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Still, “large players remain invested despite short-term outflows,” said Kazmierczak, adding that the Abu Dhabi Sovereign Wealth Fund and Wisconsin’s Pension Fund both hold “sizable BTC positions through ETFs” despite the recent selling pressure.
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The structure of the Ether options market suggests traders are anticipating medium-term growth, as February’s options expiry events could play a decisive role in the price trajectory of the world’s second-largest cryptocurrency.
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The bullish positioning suggests that investors are cautiously optimistic about ETH appreciation in the medium term, according to Nicolai Sondergaard, research analyst at Nansen.
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The bullish positioning suggests that investors are cautiously optimistic about ETH appreciation in the medium term, according to Nicolai Sondergaard, research analyst at Nansen.
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The structure of the Ether options market suggests traders are anticipating medium-term growth, as February’s options expiry events could play a decisive role in the price trajectory of the world’s second-largest cryptocurrency.
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The settlement is the latest chapter in the legal saga of Genesis, which filed for Chapter 11 bankruptcy protection in January 2023 due to a 2022 default by Three Arrows Capital — a former borrower of Genesis.
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The collapse of 3AC sent shockwaves through the crypto industry, affecting all crypto firms exposed to the now-defunct crypto hedge fund.
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The $570 million investment plummeted by well over 99% and was worth only $670 in June 2024 — a major hit to any company’s balance sheet and ability to pay back its loans.
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By June 16, 2022, 3AC failed to meet margin calls from lenders and was forced to liquidate certain positions to pay back the creditors.
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Several days later, on June 27, a court in the British Virgin Islands ordered 3AC to liquidate its assets.
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Following the liquidation of 3AC, former Genesis CEO Moro reassured investors that Digital Currency Group and Genesis were working to mitigate the losses incurred through the 3AC exposure.
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“We previously stated in June that we mitigated our losses with respect to a large counterparty who failed to meet a margin call,” the former CEO wrote in a July 2022 social media thread.
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Cryptocurrency investor optimism is palpable ahead of US President-elect Donald Trump’s inauguration on Jan. 20, which is expected to bring more regulatory clarity to the industry.
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Adding to the positive outlook, the bankrupt FTX exchange is preparing to repay over $1.2 billion to its users after Trump’s inauguration, which is seen as a significant liquidity event for the crypto market.
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XRP rose to its highest level since January 2018 as optimism toward emerging crypto regulations overcame concerns raised by the latest legal appeal filed by the SEC.
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XRP rose to its highest level since January 2018 as optimism toward emerging crypto regulations overcame concerns raised by the latest legal appeal filed by the SEC.
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