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Crypto Trading Platforms Deal With Massive Withdrawal Requests — Over $5 Billion in BTC, ETH Removed From Exchanges

Nov 14, 2022 Robert Brown

During the last week, the crypto community has been dealing with the demise of FTX and its affiliated crypto businesses, and ever since then, the proof-of-reserves topic has found its…

205.8209 ETH 214.7203 BTC Bitcoin Bitcoin (BTC) BTC and ETH BTC balance sheet BTC Treasury Canada Canada-based investment firm Cash cash and stables crypto assets Cypherpunk Holdings Cypherpunk Holdings CEO drawdowns Jeff Gao News risk risk reward

Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum

Jun 30, 2022 Robert Brown

On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The…

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