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TrumpGoldfinch protocol users suffer third default, lender Lend East expected to default on $5.9 million
Lenders using decentralized finance protocol Goldfinch were hit hard after another large borrower defaulted. Borrower Lend East previously secured a loan worth $10.2 million through support from Goldfinch users. In an update on April 1, Warbler Labs, the company behind the Goldfinch protocol, announced that Lend East would only be able to repay about $4.25 million of the loan, saying it expected Lend East to default on the remaining $5.9 million when the loan matures on April 3. . "Warbler La...
Trump25,000 BTC options and 217,000 ETH options are expiring today, with a total notional value of $1.6 b…
According to options delivery data released by Adam@Greeks.live on December 22, 25,000 BTC options are about to expire, with a Put Call Ratio of 0.70, a maximum pain point of US$42,000, and a nominal value of US$1.11 billion. 217,000 ETH options are about to expire, the Put Call Ratio is 0.60, the biggest pain point is US$2,200, and the nominal value is US$490 million. Adam@Greeks.live analyzed that cryptocurrencies have fluctuated at high levels this week, the inscription market continues, c...
TrumpApple is discussing with Google to let Gemini provide AI services for iPhone
Apple is in talks to put Google's Gemini artificial intelligence engine into iPhones, setting the stage for a major deal that will shake up the artificial intelligence industry. Gemini is a set of generative artificial intelligence models from Google. The above-mentioned people familiar with the matter said that the two companies are actively negotiating to allow Apple to obtain Gemini's authorization to provide support for some new features of this year's iPhone software. Peop...
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TrumpGoldfinch protocol users suffer third default, lender Lend East expected to default on $5.9 million
Lenders using decentralized finance protocol Goldfinch were hit hard after another large borrower defaulted. Borrower Lend East previously secured a loan worth $10.2 million through support from Goldfinch users. In an update on April 1, Warbler Labs, the company behind the Goldfinch protocol, announced that Lend East would only be able to repay about $4.25 million of the loan, saying it expected Lend East to default on the remaining $5.9 million when the loan matures on April 3. . "Warbler La...
Trump25,000 BTC options and 217,000 ETH options are expiring today, with a total notional value of $1.6 b…
According to options delivery data released by Adam@Greeks.live on December 22, 25,000 BTC options are about to expire, with a Put Call Ratio of 0.70, a maximum pain point of US$42,000, and a nominal value of US$1.11 billion. 217,000 ETH options are about to expire, the Put Call Ratio is 0.60, the biggest pain point is US$2,200, and the nominal value is US$490 million. Adam@Greeks.live analyzed that cryptocurrencies have fluctuated at high levels this week, the inscription market continues, c...
TrumpApple is discussing with Google to let Gemini provide AI services for iPhone
Apple is in talks to put Google's Gemini artificial intelligence engine into iPhones, setting the stage for a major deal that will shake up the artificial intelligence industry. Gemini is a set of generative artificial intelligence models from Google. The above-mentioned people familiar with the matter said that the two companies are actively negotiating to allow Apple to obtain Gemini's authorization to provide support for some new features of this year's iPhone software. Peop...
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The U.S. government is one of the world's largest holders of Bitcoin, but unlike other crypto giants, it doesn't care whether the digital currency rises or falls in value. This is because approximately 200,000 Bitcoins held by the U.S. government were seized from cybercriminals and dark web markets. The bitcoins are primarily stored in encrypted, password-protected hardware wallets controlled by the Department of Justice, the Internal Revenue Service or other agencies and are not traded online.
The U.S. has been painfully slow to convert Bitcoin to U.S. dollars. It is not holding on to Bitcoin for a long time and does not want to sell it. Crypto circles call this behavior "holding on to Bitcoin and not letting go", but it does not intend to sell. Nor is it waiting for Bitcoin to appreciate in order to sell its holdings at a high price. That large amount of Bitcoin is more the byproduct of a lengthy legal process than a strategic plan. "We do not engage in market transactions," said Jarod Koopman, executive director of the IRS' Cyber and Forensic Services Division. "Our actions are essentially driven by the timing of the legal proceedings."
According to an analysis of public documents by encryption company 21.co, more than 200,000 bitcoins have been seized in the last three times alone and have entered government coffers. Even though the government has sold about 20,000 Bitcoins, its holdings are still worth more than $5 billion. The legal process can take years from the time illegal bitcoins are seized to receiving a final order to liquidate the coins. In some cases, this benefits governments as the value of cryptocurrencies increases significantly.
The U.S. government is one of the world's largest holders of Bitcoin, but unlike other crypto giants, it doesn't care whether the digital currency rises or falls in value. This is because approximately 200,000 Bitcoins held by the U.S. government were seized from cybercriminals and dark web markets. The bitcoins are primarily stored in encrypted, password-protected hardware wallets controlled by the Department of Justice, the Internal Revenue Service or other agencies and are not traded online.
The U.S. has been painfully slow to convert Bitcoin to U.S. dollars. It is not holding on to Bitcoin for a long time and does not want to sell it. Crypto circles call this behavior "holding on to Bitcoin and not letting go", but it does not intend to sell. Nor is it waiting for Bitcoin to appreciate in order to sell its holdings at a high price. That large amount of Bitcoin is more the byproduct of a lengthy legal process than a strategic plan. "We do not engage in market transactions," said Jarod Koopman, executive director of the IRS' Cyber and Forensic Services Division. "Our actions are essentially driven by the timing of the legal proceedings."
According to an analysis of public documents by encryption company 21.co, more than 200,000 bitcoins have been seized in the last three times alone and have entered government coffers. Even though the government has sold about 20,000 Bitcoins, its holdings are still worth more than $5 billion. The legal process can take years from the time illegal bitcoins are seized to receiving a final order to liquidate the coins. In some cases, this benefits governments as the value of cryptocurrencies increases significantly.
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