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miaapollo151

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On Feb. 21, FTX creditor and advocate Sunil Kavuri shared a list of 163 jurisdictions ineligible for FTX repayments. Kavuri said there were many claims from countries that were ineligible for distributions. However, the FTX creditor said the exchange was reviewing options.
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On Feb. 18, FTX started distributing about $1.2 billion in digital assets to customers impacted by its bankruptcy. While seen as a positive step toward the industry’s recovery, the repayments have faced challenges, particularly for customers based in jurisdictions that do not qualify for distributions.
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The unstaking of SOL tokens comes as FTX repays some of its former users who lost funds in the exchange’s collapse.
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Data shared by blockchain analysis platform Spot On Chain shows that since November 2023, FTX has unstaked 7.83 million SOL. Spot On Chain said FTX and Alameda have offloaded the tokens, worth around $986 million, to Coinbase and Binance at an average price of $125.80 per SOL.
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Besides regulation, Mantra CEO John Patrick Mullin said that the UAE and the wider MENA region have other advantages for the adoption of RWA tokenization. In a statement, Mullin told Cointelegraph that the region is rich with oil, gas and minerals.
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Quintenz will still need to secure confirmation from the US Senate — and a vote is yet to be scheduled — before he can take over from acting chair Caroline Pham.
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While global trade tensions were a significant contributor to the Bitcoin ETF sell-off, they were not the only significant factor influencing investor sentiment, said Kazmierczak, adding:
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@gillidar1 While global trade tensions were a significant contributor to the Bitcoin ETF sell-off, they were not the only significant factor influencing investor sentiment, said Kazmierczak, adding:
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The fake profile features a gray checkmark — which is reserved for government officials — prompting Burt to question how the fake account was verified by the platform in the first place.
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However, the page remains active at the time of this writing and has garnered more than 51,000 followers.
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Upon discovering the scam profile, Premier Burt alerted users on the platform and brought the matter to the attention of X and Elon Musk.
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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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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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This was partly offset by upward of $3.6 billion in net outflows from Grayscale Ethereum Trust (ETHE), which the asset manager launched in 2017, initially as a non-listed trust.
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Georgiades believes that “price cycles will persist,” but “sustained demand from large-scale buyers like the US could reduce volatility and the swings we’ve witnessed over past cycles.”
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Stabilization is another way of saying less volatile, which would logically mean bear markets would be less aggressive than in past cycles.
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“Based on the latest information, we currently expect we will have to restrict services for the following assets: USDT, PAX, PYUSD, GUSD, GYEN, and DAI,” Coinbase said, referring to the coins as assets restricted by Europe’s Markets in Crypto-Assets Regulation (MiCA).
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In addition, MARA Holdings said in a press release that it intends to offer $700 million in convertible senior notes due 2031 in a private offering. The proceeds will be used to purchase more Bitcoin and repurchase existing convertible notes due in 2026.
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Crypto miner Marathon Digital has spent more than $600 million to purchase Bitcoin in the last two months, according to a filing with the United States Securities and Exchange Commission.
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“As sovereign nations and publicly listed companies continue to enter the market, Bitcoin’s value proposition will only strengthen, likely resulting in significant price appreciation,” he added.
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