In response to a request for remark from Cointelegraph, a Kraken spokesperson mentioned, through e-mail, “we consistently monitor the belongings on our platform to make sure we’re assembly the very best compliance requirements within the crypto business,” earlier than confirming…
WBTC
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Advert In accordance with the asset’s order e-book, there have been ten transactions involving WBTC — eight had been burns, whereas the opposite two transactions had been a cumulative mint of WBTC by crypto lender Celsius — a…
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Altcoin NewsNews
Wrapped Bitcoin provide drops to unfavourable after 11,500 wBTC burn linked to Celsius
by Jeremyby JeremyA complete of 11,500 WBTC value about $260 million linked to now-bankrupt crypto lender Celsius was burned, turning its progress charge to The present complete provide of the wrapped token is 164,396 WBTC, with a month-to-month progress charge of…
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WBTC’s market cap fell to as little as billion in December 2022 from a peak of billion in April 2022, in response to GlassnodeThe chart above exhibits that WBTC’s provide peaked at 285,000 in April 2022, when…
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Belshe stated BitGo declined the request as a result of the Alameda consultant that reached out to his agency failed the safety verification course added that BitGo is accustomed to the representatives of all of the companies that owned…
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Bitcoin NewsNews
Alameda tried to redeem 3,000 wBTC days earlier than chapter: BitGo CEO
by Jeremyby JeremyThroughout a 14 Twitter Areas hosted by decentralized finance (DeFi) researcher Chris Blec, Belshe confirmed the agency knocked again the redemption request as a result of the unknown Alameda consultant concerned didn’t go Bitgo’s safety verification course of and…
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BitGo is the principle WBTC issuer, which means they’re chargeable for the BTC backing and Alameda Analysis, Sam Bankman-Fried’s Prop Fund, was a WBTC high service provider, which suggests they’d settle for BTC from clients and ship it to…
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