CoinNess Global
28.9K subscribers
73.5K links
Download Telegram
[ZEC whale withdraws 8,605 ZEC from three exchanges]

An anonymous whale has withdrawn a total of 8,605 ZEC from three exchanges since yesterday evening, Arkham reported. Six addresses linked to the whale hold a combined 65,158 ZEC, worth about $91.13 million.
https://coinness.com/en/news/1170132
[24-hour crypto futures liquidations]

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours:
- BTC: $104.16 million liquidated (74.52% longs)
- ETH: $70.31 million liquidated (63.62% longs)
- ZEC: $36.13 million liquidated (94.55% longs)
https://coinness.com/en/news/1170133
[Bitget hacker’s laundering attempt via Chainflip is blocked]

A hacker that attacked exchange Bitget’s hot wallet tried to launder stolen funds through cross-chain swap protocol Chainflip, but the attempt was blocked. According to on-chain tracking data, the deposit was immediately rejected at the Chainflip broker level. Chainflip did not directly freeze the stolen funds, but it refunded them to the original wallet after rejecting the deposit, thwarting the hacker’s attempt to move the assets.
https://coinness.com/en/news/1170135
[BlockTower founder alleges Coinbase concealed over $1B in hacking losses]

Ari Paul, founder of blockchain investment firm BlockTower Capital, said on X today that Coinbase concealed past hacking losses worth hundreds of millions of dollars and did not return client funds.

Paul said Coinbase had written off $25 million of BlockTower’s funds several years ago, but an investigation later led Paul to conclude the move was intended to cover up repeated large-scale hacking incidents. Paul added that tracing efforts identified at least 12 affected companies and that the total concealed losses exceeded $1 billion. Paul also said multiple legal cases are currently underway and that Paul could not disclose further details.
https://coinness.com/en/news/1170136
[Spain exempts self-custodied crypto from foreign asset reporting]

Spanish authorities officially announced an exemption from foreign asset reporting requirements for virtual assets held in self-custody wallets. They also said virtual assets held through overseas custodians must be reported under Form 721 only when total holdings exceed €50,000 ($53,000). In addition, assets bought and fully sold within the same year on overseas exchanges are excluded from the reporting requirement.
https://coinness.com/en/news/1170137
[Analyst says recent BTC drop is a temporary pullback, not a trend reversal]

HTX chief analyst Cloud said the recent drop in Bitcoin prices looks more like a normal correction after a rebound than a trend reversal.

Cloud said elevated U.S. Treasury yields are mainly a factor weighing on valuations, while their impact on overall liquidity remains limited, adding the funding structure and holding costs of the crypto market itself have not been impaired. Cloud said the latest decline appears closer to a temporary round of position unwinding ahead of key economic data releases.

Cloud also said the decoupling, or divergence, between Bitcoin and altcoins warrants caution. As marginal liquidity shrinks, capital tends to concentrate in the most established leading asset, Bitcoin, while altcoins face a lack of additional inflows to support them and are more vulnerable to sharper declines because of their higher leverage. Cloud expects that decoupling to persist until this week’s personal consumption expenditures data and nonfarm payrolls report are released.
https://coinness.com/en/news/1170138
❤1
[Lee debt relief program leaves blind spot on borrowers’ crypto holdings]

South Korea’s debt relief program Saedoyak Fund under President Lee Jae-myung’s administration does not review whether borrowers hold virtual assets, meaning debt could be written off even when a borrower has the ability to repay through large crypto holdings, the Financial News reported.

The report said criticism is growing because the program has effectively left a gap in screening despite around 270 cases of hidden virtual assets having previously been uncovered under a similar debt relief scheme, the New Start Fund. Instead, the Korea Asset Management Corp. maintains it is conducting follow-up oversight through a fraudulent benefit reporting system. Under that process, if a report is filed with a hidden asset reporting center and concealed assets such as virtual assets are found, authorities can recover the amount of debt that was forgiven or seek damages. Kamco said no cases have yet been confirmed in which additional assets such as virtual assets were found after a borrower’s debt had already been canceled.
https://coinness.com/en/news/1170139
See more: https://www.fnnews.com/news/202609291027265212
[South Korea weighs joint consultative body for won stablecoin legislation]

South Korea’s financial authorities plan to step up coordination with the Bank of Korea and the Ministry of Economy and Finance as they prepare legislation to establish a legal framework for won-denominated stablecoins, News1 reported.

Speaking at a forum on the future governance and market ecosystem of won stablecoins through overseas case studies, hosted today by Democratic Party lawmaker Kim Hyun-jung, Yoo Won-gyu, an official in the virtual asset division at South Korea’s Financial Services Commission, said there appears to be broad consensus on the need for a consultative body involving the FSC, the finance ministry and the central bank. Yoo said authorities are discussing legislation in a way that would allow such a body to be formed and related policies to be closely coordinated.

Yoo added that authorities would support drafting the bill with safeguards including bankruptcy remoteness, so customer assets are managed separately and customers’ ability to recover funds is not affected even if an institution runs into problems.
https://coinness.com/en/news/1170140
See more: https://www.news1.kr/finance/general-finance/6304510
[Binance to list 7 perpetual futures, including CRML/USDT]

Binance announced the addition of CRML/USDT, BWET/USDT, ACN/USDT, MP/USDT, SECZ/USDT, UNH/USDT, and NKE/USDT perpetual futures from 9:00 a.m. UTC to 9:30 a.m. UTC today. The contracts will support leverage of up to 20x.
https://coinness.com/en/news/1170141
[U.S. spot Bitcoin ETFs log 8th straight trading day of net inflows]

U.S. spot Bitcoin ETFs recorded about $31.07 million in net inflows on Sept. 28, marking the eighth consecutive trading day of net inflows, according to SoSoValue.
- BlackRock's IBIT: +$54.84 million
- Grayscale's BTC: +$10.32 million
https://coinness.com/en/news/1170142
[Upbit to temporarily suspend HBAR deposits, withdrawals on Sept. 29]

South Korean exchange Upbit announced it will temporarily suspend HBAR deposits and withdrawals from 11:00 a.m. UTC on Sept. 29 for a Hedera network upgrade.
https://coinness.com/en/news/1170143
[U.S. spot Ethereum ETFs log $17.1M net inflow]

U.S. spot Ethereum ETFs recorded a net inflow of $17.1 million on Sept. 28, according to Farside Investors, marking a seventh straight trading day of net inflows.
- BlackRock ETHA: +$15.4 million
- 21Shares TETH: +$1.7 million
https://coinness.com/en/news/1170144
[SharpLink Gaming stakes 42,074 more ETH, Lookonchain says]

SharpLink Gaming has staked an additional 42,074 ETH worth $112.8 million, according to Lookonchain.

The company now holds 892,127 ETH and has earned 27,945 ETH in staking rewards, valued at $75 million.
https://coinness.com/en/news/1170145
[Arthur Hayes says most cryptocurrencies are not suited to AI agents]

BitMEX co-founder Arthur Hayes said at Cointelegraph Connect Seoul Edition that, from the perspective of AI agents, he does not believe most existing cryptocurrencies are well suited to their purposes.
https://coinness.com/en/news/1170146
[Injective launches stockdrop event tied to INJ burns]

Injective has launched a "stockdrop" event in which participants who burn its native INJ token can receive stock tokens as rewards, Crypto Briefing reported. The event gives users who burn INJ a chance to receive asset tokens issued based on shares such as Nvidia, AMC and Meta.
https://coinness.com/en/news/1170147
[Canary Capital files amended S-1 for INJ spot ETF]

U.S. asset manager Canary Capital said it has filed an amended S-1 registration statement with the U.S. SEC for an INJ spot ETF.
https://coinness.com/en/news/1170148
[Anonymous whale withdraws $24.4M in ETH from Binance]

An anonymous whale wallet starting with 0x4876 withdrew a total of 9,132 ETH worth $24.37 million from Binance over the past three hours, according to Lookonchain.
https://coinness.com/en/news/1170149
[Anonymous whale withdraws $4.9M in ENA from FalconX]

An anonymous whale address beginning with 0xc642 withdrew 18.84 million ENA worth $4.91 million from FalconX, according to Lookonchain. Exchange withdrawals are generally interpreted as a sign of holding intent.
https://coinness.com/en/news/1170150
[Upbit to suspend deposits, withdrawals for Base-network tokens on Sept. 30]

South Korean exchange Upbit announced the temporary suspension of deposits and withdrawals for Base-network digital assets from 9:00 a.m. UTC on Sept. 30 due to a hard fork on the Base network.

The affected assets are Aerodrome Finance (AERO), Avantis (AVNT), AWE (AWE), B3 (B3), Brett (BRETT), CARV (CARV), Cluster Protocol (CP), Citrea (CTR), Cysic (CYS), Definitive (EDGE), ELSA (ELSA), FLOCK (FLOCK), Moonbeam (GLMR), DeFi App (HOME), Impossible Cloud Network (ICNT), KAITO (KAITO), Mira Network (MIRA), OX Exchange (O), OpenGradient (OPG), Squid (QUID), Sign (SIGN), Toshi (TOSHI), Intuition (TRUST), Superform (UP2), Virtuals Protocol (VIRTUAL), Venice Token (VVV) and Zora (ZORA).
https://coinness.com/en/news/1170151
[Kakao Pay Securities, Ondo Finance sign MOU on overseas distribution of Korean stocks]

Kakao Pay Securities plans to work with real-world asset tokenization firm Ondo Finance to build an overseas distribution framework for South Korean listed stocks, Financial News reported. The two companies will also conduct joint research on stock tokenization infrastructure and run a joint task force for business cooperation targeting overseas retail investors.
https://coinness.com/en/news/1170152
See more: https://www.fnnews.com/news/202609291419185124