On-chain data shows that the investor, who had previously held over 100,000 BTC, recently sold a portion of their Bitcoin holdings to acquire a massive amount of Ethereum (ETH).
The bankrupt FTX exchange owes billions of dollars to its users, who have now become creditors. However, the lawyers give rather gloomy forecasts and explain that they will have to wait for decades to be reimbursed.
It has been over a year since El Salvador became the first and so far only country to adopt Bitcoin as its second national currency. Now, President Nayib Bukele announced that the government will start buying the flagship cryptocurrency on a daily basis.
The Federal Bureau of Investigation (FBI) has sent a stern warning to professional networking site LinkedIn. Sean Ragan, Special Agent with the Bureau, said cryptocurrency investment scammers are on the rise on the professional network.
Japan is one of the nations leading the cryptocurrency adoption, and legitimization, which has expounded the cryptocurrency business in Japan with its deeper technological advancements.
The latest headlines highlight that the Metaverse is really here to stay and to make a difference. It is not just about games and AR, it is about economy, politics and life! Just have a look!