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Payouts will begin on March 10 and will be made in both BTC and fiat. As of now, the applicants will receive about a fifth of the claim amount.
For 2019, the exchange balance was 142 thousand BTC ($3.3 billion), 143 thousand BCH ($19 million) and $510 million in Japanese yen.
It must be said that the situation with Mt.Gox was so hopeless that many investors perceived the receipt of their coins as a gift from the gods. In addition, bitcoins were lost at a completely different price.
Adam Beck, CEO of lending company Blockstream, says:
“I pretty much wrote off the bitcoins I had on Mt.Gox as a loss. So philosophically, whatever I get now is a cold storage bonus.”
The Dubai Virtual Assets Regulatory Authority (VARA) has changed its virtual asset circulation rules.
A significant change was the prohibition on so-called privacy coins such as ZCash and Monero.
Organizations operating within the local jurisdiction are also prohibited from issuing and promoting this type of cryptocurrency.
Well, you can't really blame a major cryptocurrency hub like Dubai for that. They provide transparency and demand it in return.
To allegedly receive free SHIBs, users were asked to follow a phishing link. After that, scammers connected to the victim's crypto wallet and withdrew all funds. Suspicions arose in the r/CryptoCurrency subreddit.
Community members began spreading information about phishing so that others won't become scam victims. They called it the biggest scam ever to hit Reddit. If you have already clicked on such a link, urgently move your coins and tokens to another wallet. And remember, if a deal looks too good to be true, you're probably in the thick of it. Avalanche fans have reason to rejoice.
The amount of bitcoins locked on the Avalanche network recently surpassed that of the Lightning Network.
Snowtrace.io reports that Avalanche currently has almost 5,500 BTC, compared to less than 5,250 on the Lightning Network.
However, they are all still a long way from Ethereum, as the number of wrapped bitcoins in this network is close to 180 thousand coins. Sepolia testnet goes to the next level with successful upgrade
The Ethereum network has carried out an imitation of the upcoming Shanghai hard fork, which is scheduled to take place in March. Validators are eagerly waiting for this fork, as it will allow them to withdraw their stETH coins from staking. Why do some cryptocurrencies have an infinite supply?
The variety of cryptocurrencies is limited only by the imagination of their creators. Some cryptocurrencies are tokens, while others are coins; some can be staked, while others cannot. There are cryptocurrencies with a limited supply as well as cryptocurrencies with an infinite emission.
Over the last day, Voyager Digital transferred assets worth approximately $9.6 million to Coinbase, Binance US, and Kraken, including 4.9 million VGX, 221,000 LINK, 3,050 ETH, and 270 billion SHIB.
Another interesting fact: one of the addresses has 6.8 trillion SHIB, putting it in 18th place among the largest owners of the meme coins after the transfer.
We've got a riddle for you: you're broke, you need money, the enemy is nearby, so you transfer 270 billion coins to the exchange. Is it for a far-off journey or an inheritance?
Aptos development team wallet transferred over 1 million APT (~$20 million) from the main wallet to the Binance exchange. More than 1/3 of the total APT supply ($985 million) remains in the wallet.
If these coins will hit the market, the APT price may undergo a significant correction.
Although APT attracted a lot of attention with a sharp price increase of more than 450% in a month, one should always keep in mind the project is too centralized: 97% of the total supply is held by only 20 wallets. Thus, the price can be easily manipulated.
Next month, The Open Network validators plan to vote on freezing 195 inactive addresses.
These addresses hold more than 1 billion TON coins, which amounts to $2.5 billion USD. If this decision is made, the blocking will last for 4 years and the owners of these wallets will not be able to make any transactions during this period.
A forced hold for long-term holders? It's interesting, but short term holders could definitely use some freezing! 









