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Tag: liquidation

Major Cryptocurrency ATM Manufacturer General Bytes Hacked, Over $1.5M in Bitcoin Stolen

March 19, 2023 wp-bot Bitcoin News

General Bytes experienced a security incident on March 17 and 18 that enabled a hacker to remotely access the master service interface and send funds

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US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual

March 10, 2023 wp-bot Bitcoin News

After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed

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Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank’s Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’

March 9, 2023 wp-bot Bitcoin News, Blockchain

After Silvergate Bank announced its voluntary liquidation, U.S. senator Elizabeth Warren is attributing the financial institution’s downfall to “crypto risk.” According to Warren, she had

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Bitcoin price derivatives look a bit overheated, but data suggests bears are outnumbered

February 16, 2023 wp-bot Cointelegraph

Bullish BTC traders are using excessive leverage, but bears’ reluctance to fight back could extend the current Bitcoin price rally.

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FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings

January 19, 2023 wp-bot Bitcoin News

Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5

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Alameda wallet under liquidator control incurred $11.5M in losses: Arkham

January 17, 2023 wp-bot Cointelegraph

According to crypto analytics firm Arkham, at least $4 million of these losses were “preventable losses.”

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Blockchain
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