According to a recent CVVC report titled “The German Blockchain Report 2023,” the country’s blockchain sector recorded a total of $355 million invested across 34 deals. This represents a 3% year-over-year (YoY) increase in funding for the Western European country, according to the CVVC. Continue Reading on Coin Telegraph More
Binance.US is a subsidiary of Binance Holdings, with the United States-based exchange seeing a handful of other top executives recently step down from the firm amid lawsuits from the U.S. Securities and Exchange Commission (SEC) and Commodities Futures Trading Commission (CFTC). Continue Reading on Coin Telegraph More
In a post published on PolkaWorld’s official X (formerly Twitter) account, the organization claimed that the treasury management under Polkadot’s new open governance platform, OpenGov, is affecting long-term contributors to the Polkadot ecosystem. According to PolkaWorld, many organizations are being rejected by the treasury and are leaving the Polkadot ecosystem. Continue Reading on Coin Telegraph More
According to a document submitted on Sept. 14, 2023, to the United States Court of Appeals for the First Circuit, Deaton has officially submitted his Notice of Appearance on behalf of Amicus Curiae Naomi Brockwell.Continue Reading on Coin Telegraph More
In a Sept. 15 filing in the United States Bankruptcy Court for the Southern District of New York, the legal team accused DCG of gaslighting Genesis creditors through “contrived, misleading, and inaccurate assertions” in the recovery plan. The plan, filed in bankruptcy court on Sept. 13, claimed that unsecured creditors could have a “70–90% recovery with a meaningful portion of the recovery in digital currencies” while Gemini Earn users could expect an “approximately 95–110%” recovery for their claims.Continue Reading on Coin Telegraph More
This week, PayPal unveiled new on-ramps and off-ramps for cryptocurrencies for its clients in the United States — a noteworthy step for the country, particularly as many crypto firms struggle with supporting fiat-crypto conversions since the United States Securities and Exchange Commission began its controversial crackdown on the industry. Continue Reading on Coin Telegraph More
District of Columbia District Court Magistrate Judge Zia Faruqui issued an order Sept. 15 granting the SEC’s motion to unseal or remove the redaction from the documents. The order lists 18 sealed documents and another nine partially sealed or redacted documents. Continue Reading on Coin Telegraph More
The individual, who holds around 18% of the total TRB supply across three wallets, has been buying low on Binance and OKX, two major exchanges. Following this, the whale re-deposits the currency on Binance at a higher rate. This cycle creates an artificial demand, subsequently driving up the price.From August 30 to September 13, the crypto whale accumulated a total of 772,733 TRB from Binance and OKX. These purchases were made at an average price of $18.51, totaling approximately $14.3 million. Subsequently, 331,825 TRB were deposited back to Binance at an average price of $21.85, equating to roughly $7.25 million. This strategy yielded an estimated profit of $1.11 million.As of Friday, the whale’s holding of 440,908 TRBs is valued at $13.8 million given the current TRB price of $38.16. The unrealized profit from maintaining this amount of TRB stands at approximately $5.61 million.In related developments, Andrei Grachev, founder of DWF Labs, has been posting content that potentially influences the TRB price. While he does not explicitly mention the token, Grachev regularly highlights the TRB token on social media due to anomalies in its funding rate.This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. More
