FTX sues Sam Bankman-Fried and other former execs to claw back $1B
Former FTX and Alameda Research executives Sam Bankman-Fried, Caroline Ellison, Gary Wang and Nishad Singh were named in the suit from FTX.
Former FTX and Alameda Research executives Sam Bankman-Fried, Caroline Ellison, Gary Wang and Nishad Singh were named in the suit from FTX.
For me, there's a coffee machine I've been wanting for ages but can never justify paying for it with so many other needs. It was my birthday a few weeks ago and I thought I could gather some funds to buy one but its still out of my reach, and thats when I set the…
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Welcome to the Daily General Discussion thread. Please read the disclaimer and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading,…
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The House Agriculture and Financial Services Committees have been working together all year on a bill to rival Lummis and Gillibrand’s RFIA.
Through the bear market, Arbitrum (ARB) has been one of the tokens that have managed to hold on to a significant amount of its all-time high value. Along these same lines, the digital asset is one of the few tokens currently flashing a green bullish flag, and accumulation has ramped up as a result of this. ARB Whale Accumulation Ramps Up Transactions on the Arbitrum blockchain on Thursday, July 20, point to massive accumulation among large investors. These transactions were flagged by on-chain data tracker Lookonchain, going as far back as July 17 when the accumulation trend seemed to have begun. Related Reading: Why This Upcoming Event Is Bearish For Axie Infinity (AXS) On Monday, Lookonchain reported three transactions carrying 3.76 million ARB worth $5 million at the time from the Binance exchange to known whale wallets. While these transactions were significant, they did not stop there. The following day, July 18, the tracker spotted another transaction carrying 4 million ARB. The source of the transaction was the same, with the coins which were worth $5 million at the time being moved from Binance to a private wallet. The most recent whale accumulation happened on Wednesday, July 19, with the largest ARB withdrawals of the bunch. This time around, a whale identified as “0x6950” withdrew 4.6 million ARB worth $5.84 million at the time of the transaction, from Binance. Whale”0x6950″ withdrew 4.6M $ARB ($5.84M) from #Binance again just now. The whale has withdrawn a total of 9M $ARB ($11.4M) from #Binance in the past 2 days.https://t.co/E9GCmJ7ftc pic.twitter.com/FNI1gBbxrd — Lookonchain (@lookonchain) July 19, 2023 All of these transactions point to a consistent accumulation trend among these large holders, which could suggest that they expect a price recovery to happen soon. Their withdrawals have also reduced the amount of selling pressure on the digital asset and this could also lend support to any rally from here on out. Arbitrum Continues To Dominate Layer 2 Blockchains Arbitrum has seen much success in the market and this contributes to the bullishness around its native ARB token. Arbitrum currently boasts the largest Total Value Locked (TVL) of all the Ethereum Layer 2 blockchains, including Polygon and Optimism. Related Reading: Back In The Game: Ripple Joins $54 Million Funding Round For Metaverse Startup While Polygon and Optimism TVLs are sitting at $1.027 billion and $926 million, respectively, the TVL of the Arbitrum network is at $2.68 billion. This figure makes the L2 the fourth-largest by TVL across all blockchains, coming up behind heavy hitters such as Ethereum, Tron, and BSC. With Arbitrum controlling a significant portion of the L2 TVL, expectations are that its native token will also surge alongside it. Currently, ARB is trading at $1.29 with a 3.33% price gain in the last 24 hours. However, the price could easily surge toward $1.5 if whale accumulations continue and sell pressure continues to decline. ARB price retests $1.3 resistance | Source: ARBUSD on Tradingview.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet… Featured image from IQ.Wiki, chart from TradingView.com
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Hey everyone, I am thrilled to share with you a new On-Chain Analysis Dashboard that I've recently developed. It focuses on examining the effects of the Taproot upgrade on the Bitcoin network. This dashboard lets you investigate the rising popularity of BRC20 tokens and Bitcoin inscriptions since the Taproot upgrade was implemented. You can visually…
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It seems Justin Sun has turned the Iron blockchain into his piggy bank. Looking at his verified crypto address one cam easily see some shady transactions. He just minted $62 million in TUSD, withdrew $50 million in USDT from Huobi, deposited $50 million USDT to Bitfinex, and burned $50 million TUSD. He also added $50…
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Moons seem to be just like an ico, except instead of contributing money we contributed content/comments which people liked. Everyone now has their moons with 33% of the supply in just the top two holders. Add to that the lack of liquidity currently on the minor exchanges along with the added complex process of needing…
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