Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Satoshi Nakamoto, the creator of Bitcoin, has overtaken Dell CEO Michael Dell as the 11th wealthiest billionaire on the Forbes rich list. Bank of England governor sounds the alarm on stablecoins, and thousands of savers face potential losses after a $2.7 million shortfall was discovered at Ziglu.
Satoshi Nakamoto becomes 11th richest in the world as Bitcoin hits $120K
Bitcoin’s creator, Satoshi Nakamoto, became the 11th richest person in the world after Bitcoin tapped $120,000 on Sunday.
Nakamoto is believed to hold 1.096 million Bitcoin (BTC) across thousands of wallets, which is worth over $131 billion at current prices, according to blockchain analytics company Arkham.
This would, in theory, place Nakamoto at number 11 on Forbes’ richest billionaires list, overtaking Michael Dell, CEO of tech giant Dell Technologies, with a net worth of $125.1 billion.
Bitcoin crossed $120,000 on Monday, reaching a new all-time high, Nansen data shows.
Get to know Godleak
Godleak crypto signal is a service which provide profitable crypto and forex signals. Godleak tried to provide you signals of best crypto channels in the world.
It means that you don’t need to buy individual crypto signal vip channels that have expensive prices. We bought all for you and provide you the signals with bot on telegram without even a second of delay.
Godleak crypto leak service have multiple advantages in comparision with other services:
- Providing signal of +160 best crypto vip channels in the world
- Using high tech bot to forward signals
- Without even a second of delay
- Joining in +160 separated channels on telegram
- 1 month, 3 months , 6 months and yearly plans
- Also we have trial to test our services before you pay for anything
For joining Godleak and get more information about us only need to follow godleak bot on telegram and can have access to our free vip channels. click on link bellow and press start button to see all features
Join for Free
☟☟☟☟☟
https://t.me/Godleakbot
Also you can check the list of available vip signal channels in the bot. by pressing Channels button.
Bank of England governor sounds alarm on stablecoins
Bank of England (BOE) governor Andrew Bailey issued a warning on Sunday against banks issuing stablecoins and said the BOE should adopt tokenized deposits instead.
Bailey said that stablecoins threaten the fabric of the financial system and could cause governments to lose control of their fiat currencies.
The BOE official added that the UK central bank should not join the European Union in pushing for a central bank digital currency (CBDC) or issuing a “digital pound.”
Bailey’s concerns have been voiced by other EU officials, who argue that US dollar stablecoins could upend the financial system or cause further damage to the euro in global currency markets.
Collapsed crypto firm Ziglu faces $2.7M deficit amid special administration
Thousands of savers face the grim prospect of losing their investments after administrators uncovered a 2 million pounds ($2.7 million) shortfall at Ziglu, a British cryptocurrency fintech that collapsed earlier this year.
The company, which suspended withdrawals in May, was placed into special administration last week amid mounting concerns over its financial management, according to a Sunday report from The Telegraph.
Ziglu attracted around 20,000 customers with promises of high-interest returns, particularly through its “Boost” product, which offered yields up to 6%. Launched in 2021 during a period of low interest rates, Boost became popular due to its higher returns.
However, the product was not protected or ring-fenced, allowing the company to use customer funds for day-to-day operations and lending activities. Following the Financial Conduct Authority’s (FCA) intervention in May, withdrawals were frozen, leaving savers locked out of their money for weeks.
