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A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards

Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin’s total hashrate. The analysis…

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Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO

The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC.

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