Ethereum News – Page 3 – WORLD CRYPTO BUSINESS

FTX Japan to Unfreeze Withdrawals of Client Funds

[ad_1] Japanese users of failed crypto exchange FTX might soon be able to withdraw their funds as the Japanese subsidiary said it is working to make funds available to their customers. FTX as... Read more »

Binance freezes $3M from Ankr exploit

[ad_1] Binance CEO Changpeng Zhao revealed on Dec. 2 that the exchange froze around $3 million of the funds from Ankr’s hack. Possible hacks on Ankr and Hay. Initial analysis is developer... Read more »

Bitcoin records the largest miner outflow to wallets in 2-years

[ad_1] Miners are still facing the worst of the crypto market’s turmoil, with profits down by 80% from top levels. In the wake of mounting capitulation pressure, the  Poolin multi-asset mining platform... Read more »

Brazil set to recognize Bitcoin for payment, Kraken layoffs 30% of workforce

[ad_1] The biggest news in the crypto-verse for Nov. 30 includes Kraken laying off 1,100 staff as crypto winter bits hard, Binance expanding to Japan with the acquisition of Sakura Exchange BitCoin... Read more »

Bitcoin’s 1.7% inflation rate performs better than the Fed’s 2% target

[ad_1] The Bitcoin inflation rate fell from 50% in 2011 to 4% in 2020 prior to the halving and now stands at 1.7%, a figure way below the U.S. Federal Reserve’s monetary... Read more »

Bitfinex holds the highest amount of Tether(USDT) at 60%

[ad_1] Amidst increased bearish action on the cryptocurrency market, digital assets are offloading from exchanges and finding their way into cold wallets. However, the case is pretty different for Bitfinex’s stablecoin inflows,... Read more »

Upbit’s parent company Dunamu sees profit drop 76% in Q3

[ad_1] Dunamu, the parent company of South Korea’s largest crypto exchange Upbit, reported third-quarter revenue of $205 million and profit of $124 million, respectively, down 66% and 76% from a year ago.... Read more »

36% of Australians want more crypto regulations: IRCI report

[ad_1] In its 4th issue, the Independent Reserve Cryptocurrency Index (IRCI) 2022 studied over 2,000 Australians to gauge their attitude towards digital assets. The study found out 92% of Australians knew about... Read more »

More Bitcoin leaves Coinbase; Kraken CEO deems Binance’s proof of reserves ‘pointless’

[ad_1] The biggest news in the cryptoverse for Nov. 28 includes Kraken CEO saying Binance Proof-of-Reserve is pointless without proof of liabilities, Coinbase losing Bitcoin worth  $2 billion over the weekend, and... Read more »

FTX killed crypto, long live Bitcoin

[ad_1] The FTX collapse has revived the narrative that “Bitcoin maximalists were right all along.” Given the size of the troubled exchange and the number of entities caught up in its web,... Read more »