Coins ( ₿ )
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Stocks & Crypto Coins Updates

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@Coins

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Timeline of FTX's collapse presented at yesterday's hearing

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A total of 42M worth of crypto assets, including 38M in USDC were stolen from my personal wallet ending in 894 in the early morning of November 10 EST.

The stolen assets are personal funds and do not affect on Fenbushi related entities.

The incident has been reported to the local law enforcement. FBI and lawyers both have been involved.

Civilization and justice will eventually prevail over barbarism and evil. This is the iron law of human society.
It’s just a matter of time.

Bo Shen, Founder, Fenbushi Capital.

https://twitter.com/boshen1011/status/1595265219898789888

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El Salvador introduces a new bill to launch “Bitcoin bonds” that plan to raise $1B for the construction of a “Bitcoin city.”

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Elonmusk: If SBF was as good at running a crypto exchange as he was at bribing media, FTX would still be solvent!

https://twitter.com/elonmusk/status/1595591868275826688

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Harvard University publishes a paper highlighting how central banks can use Bitcoin to hedge against financial sanctions.

Source: https://drive.google.com/file/d/1HBbv5GWIOzzhHdmqAW2MNKHzfFmsLzrX/view

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New York becomes the first state in the U.S. to ban proof-of-work mining as Governor Hochul signs a mining moratorium into law.

https://cointelegraph.com/news/new-york-governor-signs-pow-mining-moratorium-into-law

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62s roast by CZ. Absolutely grills about SBF and FTX.

Love him or Hate him you just cannot ignore him.

Watch this: https://twitter.com/devchart/status/1595338674836832256

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Pantera Capital’s bold Bitcoin price prediction

Pantera Capital is the world’s largest cryptocurrency hedge fund by AUM

Bitcoin will likely trade at $36K before the halving event and rise to $149K after, the price prediction is based on Bitcoin’s tokenomics.

The firm expects further price volatility across the crypto ecosystem as fears of FTX contagion drive asset holders to adjust their portfolios.

Source: https://www.cryptopolitan.com/pantera-capitals-bitcoin-price-prediction/

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Bejjing is going back into lockdown?
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NYT continues to back SBF.

https://twitter.com/SBF_FTX/status/1595512579417378837

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Russia intends to launch a ‘national crypto exchange’.

Sergey Altuhov, a member of Duma’s Committee of Economic Policy, highlighted the fiscal sensibility of such measures:

“It makes no sense to deny the existence of cryptocurrencies, the problem is they circulate in a large stream outside of state regulation. These are billions of tax rubles of lost tax revenues to the federal budget.“

https://cointelegraph.com/news/russia-intends-to-launch-a-national-crypto-exchange

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7-year-old 10,000 $BTC moved today. It's the BTC-e exchange wallet related to the 2014 Mt. Gox hack.

Nearly $165 million worth of Bitcoin — representing almost all of the Bitcoin left in the service’s wallet — to a group of personal wallets, exchanges, and other services. This marks the largest withdrawal by BTC-e’s controllers since April 2018.

https://blog.chainalysis.com/reports/btc-e-bitcoin-transactions-november-2022

https://blog.chainalysis.com/reports/btc-e-bitcoin-transactions-november-2022/
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CZ: We do this transparently.

The public address for Binance’s initial commitment (industry recovery fund) of BUSD 1 billion is: 0x043a80999cEe3711D372FB878768909fbE7F71E6


https://twitter.com/cz_binance/status/1595808276318670849

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The reason you don’t put all your money in one place is that you have a healthy fear that your instincts could be wrong.

— Shark, Kevin O'Leary.

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Poloniex, Justin Sun's exchange, has stopped the BEP20(BSC) network deposit and withdrawal function of USDT, USDC, TUSD, and BUSD stablecoins, suggested ERC20 and TRC20 networks.

https://support.poloniex.com/hc/en-us/articles/10406092092439-Announcement-on-Stop-Supporting-BEP20-BSC-Network-of-Stablecoins-for-Depositing-and-Withdrawing

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Binance delists these pairs from November 28, 2022: ARK/BTC, BEAM/BTC, BTCST/BTC, BTCST/USDT, GTO/BTC, GTO/USDT, MITH/BTC, MITH/BNB, PERL/BTC, PNT/BTC, REP/BTC, SRM/BNB, SRM/BTC, SRM/USDT, TRIBE/USDT, XEM/BTC

Full announcement: https://www.binance.com/en/support/announcement/notice-of-removal-of-trading-pairs-2022-11-28-f88299165488493cba3e53208c19080d

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