The person that exploited Solana-based decentralized exchange Raydium has sent $2.7 million in ethereum to now-sanctioned coin mixing protocol Tornado Cash.
Transaction logs on etherscan show that a wallet tagged as "Raydium Exploiter" sent a total of 42 tranches totaling 1,774.5 ETH to Tornado Cash on Thursday.
Raydium fell victim to the an exploit in December when an attacker took over owner authority of the exchange, the total loss was estimated to be over $2 million.
https://www.coindesk.com/business/2023/01/19/raydium-exchange-exploiter-sends-27m-to-tornado-cash/
https://etherscan.io/txs?a=0xb98acc055e331a709a765569eb6854bb2f0c8282
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Transaction logs on etherscan show that a wallet tagged as "Raydium Exploiter" sent a total of 42 tranches totaling 1,774.5 ETH to Tornado Cash on Thursday.
Raydium fell victim to the an exploit in December when an attacker took over owner authority of the exchange, the total loss was estimated to be over $2 million.
https://www.coindesk.com/business/2023/01/19/raydium-exchange-exploiter-sends-27m-to-tornado-cash/
https://etherscan.io/txs?a=0xb98acc055e331a709a765569eb6854bb2f0c8282
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CoinDesk
Raydium Exchange Exploiter Sends $2.7M to Tornado Cash
The exploiter sent a total of 42 transactions amounting to 1,774.5 ETH on Thursday.
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Would you invest in this business?
Total debt: $31 trillion
Assets: $4.8 trillion
Annual revenue: $4.9 trillion
Annual Income: $1.4 trillion Loss
This is the US Government.
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Total debt: $31 trillion
Assets: $4.8 trillion
Annual revenue: $4.9 trillion
Annual Income: $1.4 trillion Loss
This is the US Government.
📍 Follow @Coins for the hottest news in crypto.
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Peter Thiel’s Founders Fund sold a good chunk of its bitcoin last March, according to the Financial Times.
The sale brought in $1.8 billion, sources told the Times.
The timing was notable given that Thiel had been singing the praises of crypto around that time. He also appeared at Bitcoin 2022 in Miami.
To be sure, it appears that Founders Fund kept some of its holdings, and who knows what Thiel holds personally.
Still, Thiel called the timing right, given the broad decline in digital asset prices to follow.
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The sale brought in $1.8 billion, sources told the Times.
The timing was notable given that Thiel had been singing the praises of crypto around that time. He also appeared at Bitcoin 2022 in Miami.
To be sure, it appears that Founders Fund kept some of its holdings, and who knows what Thiel holds personally.
Still, Thiel called the timing right, given the broad decline in digital asset prices to follow.
📍 Follow @Coins for the hottest news in crypto.
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Recognizable names among Genesis creditors:
• Gemini: $765m
• Mirana (Bybit?): $151m
• Moonalpha (Babel): $150m
• Coincident Cap (Mex/Finex Leaderboarders): $110m
• Decentraland: $55m
• VanEck: $53m
• Abra: $30m
• Cumberland: $18m
• Stellar Foundation: $13m
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• Gemini: $765m
• Mirana (Bybit?): $151m
• Moonalpha (Babel): $150m
• Coincident Cap (Mex/Finex Leaderboarders): $110m
• Decentraland: $55m
• VanEck: $53m
• Abra: $30m
• Cumberland: $18m
• Stellar Foundation: $13m
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Charles Hoskinson, co-founder of the Cardano, said that he is considering buying crypto news service CoinDesk to revamp it into a mix of a news and community site. CoinDesk is a subsidiary of DCG, and the current price is about $200m.
https://www.bloomberg.com/news/articles/2023-01-19/cardano-founder-expresses-interest-in-coindesk-crypto-service
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https://www.bloomberg.com/news/articles/2023-01-19/cardano-founder-expresses-interest-in-coindesk-crypto-service
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Bloomberg.com
Cardano Founder Shows Interest in Buying CoinDesk News Service
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Genesis owes over $3.5B to top 50 creditors.
Crypto exchange Gemini, trading giant Cumberland, Mirana, MoonAlpha Finance and VanEck’s New Finance Income Fund are among the fifty largest Genesis creditors, according to a bankruptcy filing.
https://www.coindesk.com/business/2023/01/20/genesis-owes-over-35b-to-top-50-creditors/
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Crypto exchange Gemini, trading giant Cumberland, Mirana, MoonAlpha Finance and VanEck’s New Finance Income Fund are among the fifty largest Genesis creditors, according to a bankruptcy filing.
https://www.coindesk.com/business/2023/01/20/genesis-owes-over-35b-to-top-50-creditors/
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Coindesk
Genesis Owes Over $3.5B to Top 50 Creditors
Genesis has over 100,000 creditors between the of its companies that declared bankruptcy.
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Crypto adoption among women is on the rise - eToro survey.
Investment in the crypto industry has been dominated by men since the asset class first arrived on the scene in 2010, but that is beginning to change. Cryptocurrency adoption among women is on the rise, according to a recent survey conducted by Israel-based investment company eToro.
In the firm's recently released Retail Investor Beat Q4 2022 report, the eToro team found that "crypto is now the second most widely owned asset class for women after cash, suggesting it is succeeding where traditional financial markets have sometimes failed in bringing more women to the table."
https://www.kitco.com/news/2023-01-20/Crypto-adoption-among-women-is-on-the-rise-eToro-survey.html
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Investment in the crypto industry has been dominated by men since the asset class first arrived on the scene in 2010, but that is beginning to change. Cryptocurrency adoption among women is on the rise, according to a recent survey conducted by Israel-based investment company eToro.
In the firm's recently released Retail Investor Beat Q4 2022 report, the eToro team found that "crypto is now the second most widely owned asset class for women after cash, suggesting it is succeeding where traditional financial markets have sometimes failed in bringing more women to the table."
https://www.kitco.com/news/2023-01-20/Crypto-adoption-among-women-is-on-the-rise-eToro-survey.html
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Kitco
Crypto adoption among women is on the rise - eToro survey
A recent survey from eToro shows that global crypto adoption among women is now at 34% and crypto is the second most owned asset class for women after cash.
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Before Genesis Global filed for bankruptcy protection, the Genesis Trading OTC address transferred:
- 50,000 $ETH($77.6M) #Coinbase;
- 20,000 $ETH($31M) to #Bitstamp;
- 5,000 $ETH($7.76M) and 3.9M $USDT to #Kraken;
- 7.7M $FTM ($2.35M) to #Binance;
- 36M $USDC to new address.
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- 50,000 $ETH($77.6M) #Coinbase;
- 20,000 $ETH($31M) to #Bitstamp;
- 5,000 $ETH($7.76M) and 3.9M $USDT to #Kraken;
- 7.7M $FTM ($2.35M) to #Binance;
- 36M $USDC to new address.
📍 Follow @Coins for the hottest news in crypto.
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US Existing Home Sales decrease - largest ever annual decline
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$17.5B open interest between $BTC and $ETH
If $5B of shorts need to close, where do they find the liquidity?
Higher
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If $5B of shorts need to close, where do they find the liquidity?
Higher
📍 Follow @Coins for the hottest news in crypto.
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As always, some movement on the regulatory scene, with EU’s final vote on the MiCA regulation being postponed to April, and crypto companies in France getting ordered to seek authorization from regulators by the end of 2023 as they prepare for MiCA. In the US, fear spread quickly in the community when the news of a crypto-related DOJ announcement broke, but it turned out to be a “nothing burger” related to the arrest of the founder of a Hong Kong-registered crypto exchange called Bitzlato. Moreover, a new report shows that SEC increased its crypto enforcement actions by 20% in 2022.
https://www.theblock.co/post/202723/eus-final-vote-mica-regulation-postponed-april
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https://www.theblock.co/post/202723/eus-final-vote-mica-regulation-postponed-april
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The Block
EU's final vote on MiCA regulation postponed until April
The vote was meant to happen in February.
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Google: 12000
Microsoft: 10000
Amazon: 18000
Meta: 11000
Twitter: 4000
Salesforce: 8000
200,000+ laid off in tech since the beginning of 2022. And for no reason other than "everyone else is doing it".
What do you think is the real reason?
😱 Over hiring during Covid
👎 Incompetency and companies should take full responsibility
👍 Demand genuinely came down
🔥 Natural Balancing
❤️ Other reasons
📍 Follow @Coins for the hottest news in crypto.
Microsoft: 10000
Amazon: 18000
Meta: 11000
Twitter: 4000
Salesforce: 8000
200,000+ laid off in tech since the beginning of 2022. And for no reason other than "everyone else is doing it".
What do you think is the real reason?
😱 Over hiring during Covid
👎 Incompetency and companies should take full responsibility
👍 Demand genuinely came down
🔥 Natural Balancing
❤️ Other reasons
📍 Follow @Coins for the hottest news in crypto.
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Coins ( ₿ )
BTC $23.3k ETH $1.67k BNB $309 📍 Follow @Coins for the hottest news in crypto.
Jinx!!! 😵💫
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United States prosecutors have seized nearly $700 million worth of assets either owned by collapsed crypto exchange FTX or tied to founder and former CEO Sam Bankman-Fried, authorities disclosed in a Friday court filing.
https://decrypt.co/119695/feds-seize-about-700m-ftx-sam-bankman-fried-assets
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https://decrypt.co/119695/feds-seize-about-700m-ftx-sam-bankman-fried-assets
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Decrypt
Nearly $700M Worth of Assets Linked to Sam Bankman-Fried, FTX Seized by US - Decrypt
The assets, including more than 55 million shares in Robinhood, were seized as part of the case against the FTX founder and former CEO.
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UAE Minister says crypto will play a major role for United Arab Emirates' global trade going forward.
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📍 Follow @Coins for the hottest news in crypto.
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The SEC says Avraham Eisenberg attacked trading platform Mango Markets and exploited it for some $116 million — and that the platform’s governance token, MNGO, is a security.
Eisenberg faces charges elsewhere from the DOJ and the CFTC.
As The Block reported, Eisenberg allegedly used a series of manipulative trades to artificially boost the price of MNGO and then used those funds to borrow other assets, which he then allegedly withdrew from the platform.
Eisenberg's efforts crippled the Mango Markets platform, prosecutors have alleged.
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Eisenberg faces charges elsewhere from the DOJ and the CFTC.
As The Block reported, Eisenberg allegedly used a series of manipulative trades to artificially boost the price of MNGO and then used those funds to borrow other assets, which he then allegedly withdrew from the platform.
Eisenberg's efforts crippled the Mango Markets platform, prosecutors have alleged.
📍 Follow @Coins for the hottest news in crypto.
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Notable token unlocks in the next 24h.
$RBN, $pStake, $MASK, $LOOT.
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$RBN, $pStake, $MASK, $LOOT.
📍 Follow @Coins for the hottest news in crypto.
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