80,000 Bitcoin millionaires wiped out in the great crypto crash of 2022
The crypto crash has seen the number of Bitcoin millionaires decline by more than 75% since November last year.
The crypto crash has seen the number of Bitcoin millionaires decline by more than 75% since November last year.
CoinFlex CEO Mark Lamb said more time was needed before the exchange can reopen its platform for user withdrawals.
A leaked investor call from Morgan Creek Digital suggests BlockFi liquidated 3AC for $1 billion, while Celsius reportedly maintained a highly risky assets-to-equity ratio last year that may have caused its recent liquidity woes.
Jed McCaleb, the former co-founder and CTO of Ripple Labs has mere weeks left until his XRP balance reaches zero.
An NFT trader pulled off a supposed tax write-off “masterclass” by booking a 74.2 ETH profit at a $52,000 loss, and print-on-demand firm Pixels.com has rolled out NFT merch support.
A similar decision was also made on Wednesday regarding Bitwise’s Bitcoin exchange-traded product (ETP) citing the same reasons.
From July 3 the four-week window for application developers and exchanges to test the upcoming Cardano upgrade begins before it’s launched onto the mainnet.
BTC price briefly fell below $20,000 and traders warn that the all-important support level could eventually crumble after enduring an increasing number of retests.
“We are putting an end to the wild west of unregulated crypto, closing major loopholes in the European anti-money laundering rules,” said European Parliament member Ernest Urtasun.
The crypto-positive financial services company looked at Bitcoin prices at intervals following regulatory events and found clear evidence of the events’ effects.