18 venture capital firms indicted in FTX fraud case

18 venture capital firms indicted in FTX fraud case

It became known that 18 leading venture capital (VC) investment companies, including Temasek, Sequoia Capital, Sino Global and Softbank, were named defendants in a class action lawsuit filed in the US District Court for the Northern District of California (USA). The...
Bitcoin buy-to-sell ratio has skyrocketed

Bitcoin buy-to-sell ratio has skyrocketed

The coefficient estimating the ratio of purchases to sales for bitcoin has risen sharply on several major exchanges at once. This indicates renewed bullishness near the $29,000 area. According to South Korean analytics platform CryptoQuant, by Aug. 1, ByBit had...
Blockstream CEO Predicts Bitcoin at $100,000 Before Halving

Blockstream CEO Predicts Bitcoin at $100,000 Before Halving

Crypto industry pioneer and Blockstream CEO Adam Back bet one million satoshis (0.01 BTC) that the price of bitcoin will reach $100,000 before the halving. Back agreed to a bet with an X (formerly Twitter) user named Vikingo. According to the latter, digital gold...
Justin Sun comments on rumors of Huobi’s insolvency

Justin Sun comments on rumors of Huobi’s insolvency

Over the weekend, the Huobi cryptocurrency exchange experienced a massive outflow of investment capital, which exceeded $64 billion. Such dynamics was due to information that the Chinese authorities are investigating the activities of the exchange management. Rumors...