A redacted court filing has revealed that Binance’s ex-CEO Changpeng ‘CZ’ Zhao was ready to pledge his $4.5 billion stake in Binance US in order to be allowed to leave the US. CZ had asked the court to allow him to depart to the United Arab Emirates (UAE), citing medical reasons for this request. Why

Quick Take On Jan. 25th, the total Bitcoin sent out by Grayscale equaled roughly 12,213 BTC, translating to an approximate value of $488 million by the current spot price. This figure indicates a drop from the previous day’s transaction volumes, providing evidence of the daily volatility present in Grayscale’s Bitcoin transfers. For instance, on Jan.
The post Grayscale’s daily Bitcoin transfer completes with 12,213 BTC sent to Coinbase Prime appeared first on CryptoSlate.

Crypto firms are attracting top talents from the traditional financial sector in droves thanks to higher salaries and the prestige of working in the emerging industry. A Bitget report shared with CryptoSlate showed that one-third of applicants for crypto positions have a background in banking and traditional finance. “33% of the exchange job applicants previously
The post Bankers switching to crypto careers for higher salaries and industry growth appeared first on CryptoSlate.

The Newborn Nine spot Bitcoin ETFs recently launched in the US have seen their combined assets under management explode to $5.1 billion in the nine trading days since their launch. However, throughout this period, the price of Bitcoin has fallen roughly 20%. The share prices for these ETFs have also fallen in line with Bitcoin.
The post Why declining prices did not stop Bitcoin holdings increasing for new ETFs appeared first on CryptoSlate.

Strike founder Jack Mallers recently expressed his firm belief in Bitcoin’s potential to solve what he describes as “the biggest financial problem ever” — central banking and the global debt crisis. Mallers made the statement during an interview with Yahoo Finance on Jan. 24, where he highlighted Bitcoin in relation to government debt by focusing
The post Strike CEO calls Ethereum ‘tech play,’ says Bitcoin solves the ‘biggest financial problem’ of our time appeared first on CryptoSlate.

by chainwire
Grand Cayman, Cayman islands, January 25th, 2024, Chainwire Gaming, Ecommerce and DeFi applications are leveraging Sui’s singular social authentication to eliminate the biggest hurdle blocking mainstream audiences from web3. Sui, the rapidly ascending Layer-1 blockchain created by the leaders of Facebook’s Diem project, today announced that over 10 decentralized applications (dApps) in the Sui ecosystem
#blockchain #crypto, #decentralized, #distributed, #ledger

by chainwire
Roadtown, British Virgin Islands, January 25th, 2024, Chainwire Followed by LIF3’s Token Migration to Ethereum Network for Enhanced Market Accessibility Today, $LIF3 (pronounced Life), a ground-breaking and complete omni-chain DeFi Layer-1 Curated Blockchain ecosystem, announces its recent listing on Bitfinex (https://trading.bitfinex.com/t/LIF3:USD), a premier digital asset trading platform, after recently migrating to the Ethereum Network from
#blockchain #crypto, #decentralized, #distributed, #ledger

Reza is joined by Chris Bennet from Spacestation Investments.

They discuss:
– Mining BTC with energy generated from landfills
– How to increase deal-flow
– Running an agency vs running a fund

The SEC Commissioner doubled down on remarks criticizing the regulator’s handling of spot Bitcoin ETF approvals, in a recent interview.

Bank chartered by the Office of the Comptroller of the Currency has linked up with crypto wealth platform Onramp Invest