self not guilty in court January 3
Holpop News
posted on December 31, 2022 by holpop in Blockchain
self not guilty in court January 3
posted on December 31, 2022 by holpop in Blockchain
The year 2022 saw a tremendous number of events, from the collapse of small projects to the collapse of huge structures. This year is truly historic for the entire crypto industry. Let’s remember what it was filled with:
January:
posted on December 31, 2022 by holpop in Blockchain
Asset management company Valkyrie Investments announced its intention to sponsor and manage the Grayscale Bitcoin Trust (GBTC).
The firm announced the launch of the Valkyrie Opportunistic Fund, which will take advantage of the discount on GBTC and begin buying back its shares.
“We understand that Grayscale has been instrumental in the development and growth of the bitcoin ecosystem with the launch of GBTC, we respect the team and the work they have done. However, in light of recent events involving Grayscale and its subsidiaries, it is time for a change,” the company stated.
The company also released its recommendations for improving the foundation.
First, Valkyrie offered to redeem GBTC at net asset value (NAV), through timely filings in accordance with Regulation M. This way, investors can redeem their shares at a fair price.
Second, the company believes that the GBTC fee should be reduced from 200 basis points to 75.
Third, Valkyrie proposes to redeem payments in both bitcoin and cash.
posted on December 30, 2022 by holpop in Blockchain
According to CoinDesk, the FBI has launched an investigation into data leaks from the 3Commas trading platform. Some users have already been contacted by agency agents.
Yesterday, an unknown person published 3Commas customer API key data. Recently, users of the platform began noticing that the service was making transactions on linked crypto exchanges without their consent.
The publication speculates that 3Commas keys were sold by someone from the company, but the firm’s CEO Yuri Sorokin denies everything.
posted on December 30, 2022 by holpop in Blockchain
Starting in 2023, crypto traders from Italy will pay a 26% tax on capital gains from investments in cryptocurrencies.
The tax will be levied if there are profits over 2,000 euros.
The government will also allow crypto investors to declare their assets as of January 1, 2022 and receive a preferential rate of 14%.
posted on December 30, 2022 by holpop in Blockchain
FTX Japan will begin returning user funds in February 2023.
The company is developing a system to help customers recover their assets through Liquid Japan.
Liquid Japan is also a subsidiary of FTX.
posted on December 30, 2022 by holpop in Blockchain
The Binance exchange has added the ability to buy cryptocurrency using Google Pay and Apple Pay.
According to the company, this integration will make digital assets more accessible to the masses of users.
posted on December 30, 2022 by holpop in Blockchain
The Bahamas Securities Commission has seized and held more than $3.5 billion in deposits from FTX customers.
The assets will be held until the Bahamas Supreme Court directs the Commission to turn them over to the customers and creditors to whom they belong.
The regulator said FTX founders Sam Bankman-Fried and Gary Wang have no access to the assets.
posted on December 30, 2022 by holpop in Blockchain
Ethereum founder Vitalik Buterin expressed words of support for the Solana blockchain, which has suffered considerably in the wake of the FTX collapse.
“Some smart people have told me that Solana has a serious community of smart developers, and now that the creepy opportunistic money-lovers have been flushed out, the network has a bright future. It’s hard for me to speak from the sidelines, but I hope the community has a chance to thrive,” Buterin wrote.
SOL’s main downfall has huddled because of its association with Sam Bankman-Fried, who invested in the asset and supported Solana-based projects with venture capital deals from FTX and market-making from Alameda Research. In addition, his companies still hold about 58 million SOL coins. According to the cryptocurrency community, liquidation of these assets could further reduce the price of SOL.
posted on December 29, 2022 by holpop in Blockchain
The Central Bank of Turkey (CBRT) piloted the digital Turkish lira.
The CBRT successfully conducted the first payment transactions on the central bank’s own digital currency network (CBDC) as part of the initial testing phase.
“In the first quarter of 2023, CBRT will continue its small, closed-loop pilot testing with technology stakeholders. The results of the tests will be released in a comprehensive assessment report. Research on the legal aspect of the digital Turkish Lira shows that digital identity is vital to the project. Therefore, research on the technological requirements and economic and legal framework of the digital Turkish lira will be a priority during 2023,” the bank said in a statement.