Prosecutors seize SBF’s $50M deposit to small bank
Prosecutors seize SBF’s $50M deposit to small bankRoughly $50 million of SBF's deposit has been seized by prosecutors – Alameda invested $11.5 million earlier in the same bank.
Happy Wednesday!The global crypto market cap is $1.03 trillion with a 24-hour volume of $56.7 billion. The price of Bitcoin is $22,635.30 and BTC market dominance is 42.5%. The price of Ethereum is $1,549.64 and ETH market dominance is 18.5%. The best performing cryptoasset sector is Cannabis, which gained 8%.
Latest NewsProsecutors seize SBF’s $50M deposit to small bank
Roughly $50 million of SBF's deposit has been seized by prosecutors – Alameda invested $11.5 million earlier in the same bank. Arizona senator keeps pushing to make Bitcoin legal tenderIf approved, the bill would allow Arizona residents to transact and pay taxes with BTC. A similar bill was first introduced in January 2022. Four RWA lending protocols rank among top 10 lending apps with largest collected interestTrueFi, Maple Finance, Goldfinch, and Centrifuge collected the third, fourth, seventh, and tenth largest sum in interest, respectively. Circle blames SEC for failed plan to go publicCircle said it expected the SEC to have a "thorough, rigorous review process" but the regulator failed to process its S-4 registration before the expiration of its SPAC deal despite ample time. Core Scientific raised $500M from BlackRock, Apollo and othersCore Scientific also received over $50 million from these institutional investors in DIP loans to continue operations during bankruptcy proceedings. EU mandates banks to hold euro equivalent of crypto investmentsThe new bill was approved on Jan. 24 and will come into force January 2025. CryptoSlate Daily wMarket Update: Crypto markets sell-off after recent bullish formThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Celsius gets approval to airdrop Flare tokens to eligible accountsCelsius will distribute roughly 150 million FLR tokens to eligible creditors. COTI’s ‘overcollateralized stablecoin’ Djed set for final release next weekThe Djed stablecoin is undergoing chain index syncing — scheduled for completion next week — before it can be rolled out. Genesis creditors launch class action lawsuit against DCG, Barry SilbertThe lawsuit alleges that Genesis violated the Securities Act and seeks to hold DCG and Silbert liable as "control persons."
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Tuesday, January 24, 2023
The price of Bitcoin has increased roughly 39% since the start of January, marking a positive start to 2023.
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