CEX - Crypto News And Market Updates

IRS Files $44 Billion Claim in FTX Bankruptcy Case, Targeting Alameda Research for $20.4 Billion in Taxes

May 10, 2023 Paulo

The IRS is seeking $44 billion in taxes from bankrupt crypto exchange FTX, including $20.4 billion in unpaid partnership and income taxes owed by Alameda Research.

Bitcoin on Exchanges Drops to 5.84%, Lowest Level Since 2017 Amid Rising Self-Custody Trend

May 10, 2023 Paulo

Bitcoin holdings on exchanges fall to their lowest level since 2017 as investors increasingly move funds to self-custody wallets after FTX’s downfall.

Ethereum Holdings on Centralized Exchanges Hit 6-Month Low as Staking Dominates

May 9, 2023 Paulo

Ethereum holdings on centralized exchanges have fallen to their lowest level in six months as staking and self-custody options gain traction following the Shanghai upgrade.

Sui Network Mainnet Launches as Major Exchanges List SUI Token

May 3, 2023 Paulo

Sui Network’s mainnet officially launched, with major crypto exchanges listing the SUI token. Despite the hype, SUI’s price dropped over 40% minutes after trading opened.

Name	Price	24H (%)
Bitcoin(BTC)	$89,721.00	-0.07%
Ethereum(ETH)	$2,959.61	0.04%
Tether(USDT)	$1.00	-0.03%
BNB(BNB)	$892.26	0.26%
XRP(XRP)	$1.92	0.55%
USDC(USDC)	$1.00	0.00%
Solana(SOL)	$127.82	-0.48%
JUSD(JUSD)	$1.00	0.02%
TRON(TRX)	$0.296835	-3.90%
Lido Staked Ether(STETH)	$2,961.29	0.13%