NFT News by Thebittimes.Com

Firms FTX and Alameda transferred $10.8 million in cryptocurrency to the Wintermute, Binance and Coinbase exchanges. According to Spot On Chain, the companies — now under receivership — transferred $10.8 million in eight crypto assets: 10 million StepN (GMT) ($2.58 million), 407,000 Uniswap (UNI) ($2.41 million), 2.23 million Synapse (SYN) ($2.25 million), 8.76 million Fantom (FTM) ($1.18 million), 77.77b Shiba Inu (SHIB) ($644,000), as well as small amounts of Arbitrum (ARB) and Optimism (OP). #FTX and #Alameda moved out $10.8M worth of 8 assets to #Wintermute, #Binance, and #Coinbase in the past 11 hrs: 10M $GMT ($2.58M) 407K $UNI ($2.41M) 5.23M $SYN ($2.25M) 8.76M $KLAY ($1.64M) 3.87M $FTM ($1.18M) 77.77B $SHIB ($644K) and small amounts of $ARB and $OP. Note… https://t.co/UZkn8bmQ89 pic.twitter.com/0jb5ZMHvC7 — Spot On Chain (@spotonchain) December 1, 2023 In total, since Oct. 2023, FTX and Alameda have transferred $551 million worth of 59 tokens. In Nov. 2023, addre...

In the last two months, traders from South Korea have largely contributed to the active growth in the volume of the cryptocurrency market . Thus, the share of local trading platforms has more than doubled since January of this year – from 5.2% to 12.9%, Bloomberg reported. According to Jamie Sly of CCData, South Korean platforms have played a huge role in the growth of trading activity on centralized exchange s (CEX). He also added that most of the trading volume came from domestic Upbit. Source: Bloomberg Analysts from the South Korean blockchain platform CryptoQuant emphasized that traders from South Korea are responsible for the global growth in altcoin trading volume. Earlier this month, Korea’s second-largest exchange , Bithumb, is set to enter the local stock market in 2025. Now the site is preparing for an initial public offering (IPO) on KOSDAQ, the South Korean analogue of Nasdaq. It is assumed that in this way the crypto platform wants to increase user ...

ToolsGPT marries ByBit’s market data with ChatGPT’s AI to generate technical analysis, price data and trading metrics. Cryptocurrency exchange ByBit will look to leverage artificial intelligence (AI) to provide a host of new trading tools and metrics for users through an integration with ChatGPT. OpenAI’s highly acclaimed large language model chatbot has been used by a myriad of industries to provide innovative solutions and services. The cryptocurrency trading space could stand to benefit from the service as ByBit unveils its own AI-powered offering to cryptocurrency traders using the Dubai-based exchange. ByBit’s ToolsGPT combines ChatGPT’s machine learning technology with the exchange’s market data to provide technical Analysis , price data and metrics. The integration also allows ToolsGPT to generate bespoke answers to traders’ inquiries. The exchange touts the new offering to provide insights and predictions to various cryptocurrency trading scenarios. ToolsGPT will be able to...

The deadline for the base repayment, early lump-sump repayment and intermediate repayment was also moved from July 31 to Sept. 30. Mt. Gox creditors will have more time to decide on which repayment method they want to be paid in and register their payee information at the defunct crypto exchange.  In an announcement dated Jan. 6, Mt. Gox trustee Nobuaki Kobayashi stated that the previously announced deadline for repayment selection which was on Jan. 10, has now been moved to Mar. 10 citing the “progress by rehabilitation creditors” in the selection and registration as a reason for the change in deadline. The announcement also urged creditors to complete the necessary steps before the new deadline. The update wrote that the rehabilitation creditors who fail to complete the selection and registration within the new deadline will not be able to receive their repayments or in some cases might have to bring documents to the exchange's head office to receive their repayments in Japanes...