[Hyperliquid stock perp volume tops BTC again, echoing past BTC rebound signal]
According to Glassnode, trading volume in stock perpetual futures on Hyperliquid has once again surpassed BTC volume. Glassnode said that despite persistent weakness in both U.S. stocks and Bitcoin prices over the past several weeks, crypto-native traders appear to be favoring stock products from a buy-the-dip perspective. It added that the stock-to-BTC volume ratio on Hyperliquid last peaked in August this year, when BTC was nearing a short-term bottom before staging a strong breakout rally.
https://coinness.com/en/news/1174952
According to Glassnode, trading volume in stock perpetual futures on Hyperliquid has once again surpassed BTC volume. Glassnode said that despite persistent weakness in both U.S. stocks and Bitcoin prices over the past several weeks, crypto-native traders appear to be favoring stock products from a buy-the-dip perspective. It added that the stock-to-BTC volume ratio on Hyperliquid last peaked in August this year, when BTC was nearing a short-term bottom before staging a strong breakout rally.
https://coinness.com/en/news/1174952
CoinNess
Hyperliquid stock perp volume tops BTC again, echoing past BTC rebound signal - CoinNess
According to Glassnode, trading volume in stock perpetual futures on Hyperliquid has once again surpassed BTC volume. Glassnode said that despite persistent wea...
[Anonymous whale appears to sell $15.9M in ETH after 11-year hold]
An anonymous whale address beginning with 0x8729, which bought 37,000 ETH in 2015 at an average price of $1.5, appears to have deposited 7,507.52 ETH worth $15.93 million to exchanges over the past nine hours for sale, according to ai_9684xtpa. The estimated return on the sale is 156,358%. Since Sept. 29, the address has deposited 12,163.52 ETH worth $28.54 million to multiple exchanges, with an average deposit price of $2,346.87.
https://coinness.com/en/news/1174953
An anonymous whale address beginning with 0x8729, which bought 37,000 ETH in 2015 at an average price of $1.5, appears to have deposited 7,507.52 ETH worth $15.93 million to exchanges over the past nine hours for sale, according to ai_9684xtpa. The estimated return on the sale is 156,358%. Since Sept. 29, the address has deposited 12,163.52 ETH worth $28.54 million to multiple exchanges, with an average deposit price of $2,346.87.
https://coinness.com/en/news/1174953
CoinNess
Anonymous whale appears to sell $15.9M in ETH after 11-year hold - CoinNess
An anonymous whale address beginning with 0x8729, which bought 37,000 ETH in 2015 at an average price of $1.5, appears to have deposited 7,507.52 ETH worth $15....
[Bubblemaps says influencer Cupsey made $1.74M by prompting follower buying then dumping]
Crypto influencer Cupsey used nominee wallets to front-run followers and dump tokens on them, generating about $1.74 million in profits through 30 linked wallets since May, according to a Bubblemaps analysis.
Bubblemaps said Cupsey accumulated tokens near lows through an operating wallet, dispersed the holdings across multiple wallets, then used a public wallet to buy in ways that encouraged followers to copy the trades before selling through nominee wallets to exit positions. The analysis also found links between Cupsey and malicious rug-pull deployers tied to about $1.3 million in activity.
https://coinness.com/en/news/1174954
Crypto influencer Cupsey used nominee wallets to front-run followers and dump tokens on them, generating about $1.74 million in profits through 30 linked wallets since May, according to a Bubblemaps analysis.
Bubblemaps said Cupsey accumulated tokens near lows through an operating wallet, dispersed the holdings across multiple wallets, then used a public wallet to buy in ways that encouraged followers to copy the trades before selling through nominee wallets to exit positions. The analysis also found links between Cupsey and malicious rug-pull deployers tied to about $1.3 million in activity.
https://coinness.com/en/news/1174954
CoinNess
Bubblemaps says influencer Cupsey made $1.74M by prompting follower buying then dumping - CoinNess
Crypto influencer Cupsey used nominee wallets to front-run followers and dump tokens on them, generating about $1.74 million in profits through 30 linked wallet...
[South Korean police send 86 in alleged crypto investment scam to prosecutors]
South Korean police have sent 86 people, including two alleged ringleaders, to prosecutors over a suspected pseudo-deposit scheme that used overseas listed coin investments and electric vehicle battery investments as bait, according to Newsis.
South Korea’s North Chungcheong Provincial Police Agency said on Nov. 10 that its anti-corruption and economic crime unit placed two people, including a suspect identified only as A, under arrest and referred 84 other alleged members without detention. The group is accused of collecting investment funds by promising high returns and defrauding around 75,000 people of 10.2 billion won, or about $7.4 million, from September last year to September this year.
Most victims were age 60 or older, and investigators believe the group continued the scheme by exploiting victims’ limited familiarity with financial terminology. Police said they apprehended 102 key suspects between June and October, sought pre-indictment forfeiture preservation for 6.35 billion won, requested tax collection on 47.85 billion won in proceeds tied to the criminal organization’s corporate entity, and froze virtual assets worth about 10.65 billion won.
https://coinness.com/en/news/1174955
See more: https://n.news.naver.com/mnews/article/003/0014312739?sid=102
South Korean police have sent 86 people, including two alleged ringleaders, to prosecutors over a suspected pseudo-deposit scheme that used overseas listed coin investments and electric vehicle battery investments as bait, according to Newsis.
South Korea’s North Chungcheong Provincial Police Agency said on Nov. 10 that its anti-corruption and economic crime unit placed two people, including a suspect identified only as A, under arrest and referred 84 other alleged members without detention. The group is accused of collecting investment funds by promising high returns and defrauding around 75,000 people of 10.2 billion won, or about $7.4 million, from September last year to September this year.
Most victims were age 60 or older, and investigators believe the group continued the scheme by exploiting victims’ limited familiarity with financial terminology. Police said they apprehended 102 key suspects between June and October, sought pre-indictment forfeiture preservation for 6.35 billion won, requested tax collection on 47.85 billion won in proceeds tied to the criminal organization’s corporate entity, and froze virtual assets worth about 10.65 billion won.
https://coinness.com/en/news/1174955
See more: https://n.news.naver.com/mnews/article/003/0014312739?sid=102
[Hut 8 moves 1,617 BTC again, raising odds of further cashing out]
Hut 8 transferred another 1,617 BTC worth about $121 million around two hours ago, a move seen as likely tied to selling, according to on-chain analytics platform Lookonchain. In October last year, the mining company sold 2,148 BTC at an average price of about $81,657, securing $175 million and using the proceeds for share buybacks.
https://coinness.com/en/news/1174956
Hut 8 transferred another 1,617 BTC worth about $121 million around two hours ago, a move seen as likely tied to selling, according to on-chain analytics platform Lookonchain. In October last year, the mining company sold 2,148 BTC at an average price of about $81,657, securing $175 million and using the proceeds for share buybacks.
https://coinness.com/en/news/1174956
CoinNess
Hut 8 moves 1,617 BTC again, raising odds of further cashing out - CoinNess
Hut 8 transferred another 1,617 BTC worth about $121 million around two hours ago, a move seen as likely tied to selling, according to on-chain analytics platfo...
[Tom Lee says weak ETH price reflects market impatience, sees 2-3 more bullish years]
Bitmine Chairman and Fundstrat co-founder Tom Lee said on X that Ethereum’s recent price performance has been disappointing, but reflects market impatience.
Lee said progress has been made this year in a tokenization supercycle, with most of it taking place on Ethereum. He added that Vitalik Buterin, the creator of Ethereum, has affirmed ETH as a store of value, that the crypto upcycle is only just beginning, and that the AI boom is not absorbing all new inflows of capital. Lee said the crypto market is likely to remain bullish over the next two to three years.
https://coinness.com/en/news/1174957
Bitmine Chairman and Fundstrat co-founder Tom Lee said on X that Ethereum’s recent price performance has been disappointing, but reflects market impatience.
Lee said progress has been made this year in a tokenization supercycle, with most of it taking place on Ethereum. He added that Vitalik Buterin, the creator of Ethereum, has affirmed ETH as a store of value, that the crypto upcycle is only just beginning, and that the AI boom is not absorbing all new inflows of capital. Lee said the crypto market is likely to remain bullish over the next two to three years.
https://coinness.com/en/news/1174957
CoinNess
Tom Lee says weak ETH price reflects market impatience, sees 2-3 more bullish years - CoinNess
Bitmine Chairman and Fundstrat co-founder Tom Lee said on X that Ethereum’s recent price performance has been disappointing, but reflects market impatience. ...
[South Korea reviews Naver Financial-Dunamu deal over competition concerns]
South Korea’s Fair Trade Commission has begun deliberations on the proposed business combination between Naver Financial and Dunamu after determining the deal may raise competition concerns, Digital Asset reported. The commission said on Nov. 10 it submitted an examiner’s report to the panel after completing procedures for proposed remedies related to the business combination through a comprehensive stock swap.
The commission said the mixed and vertical combination between leading players across multiple relevant markets could risk excluding competitors. It also said a competitive assessment is needed for the not-yet-formed market for issuing won-denominated stablecoins. The specific remedies were not disclosed.
The Fair Trade Commission plans to hold a full-panel meeting as soon as possible this year to decide whether to give final approval to the combination and what corrective measures to impose.
https://coinness.com/en/news/1174958
See more: https://www.digitalasset.works/news/articleView.html?idxno=44172
South Korea’s Fair Trade Commission has begun deliberations on the proposed business combination between Naver Financial and Dunamu after determining the deal may raise competition concerns, Digital Asset reported. The commission said on Nov. 10 it submitted an examiner’s report to the panel after completing procedures for proposed remedies related to the business combination through a comprehensive stock swap.
The commission said the mixed and vertical combination between leading players across multiple relevant markets could risk excluding competitors. It also said a competitive assessment is needed for the not-yet-formed market for issuing won-denominated stablecoins. The specific remedies were not disclosed.
The Fair Trade Commission plans to hold a full-panel meeting as soon as possible this year to decide whether to give final approval to the combination and what corrective measures to impose.
https://coinness.com/en/news/1174958
See more: https://www.digitalasset.works/news/articleView.html?idxno=44172
CoinNess
South Korea reviews Naver Financial-Dunamu deal over competition concerns - CoinNess
South Korea’s Fair Trade Commission has begun deliberations on the proposed business combination between Naver Financial and Dunamu after determining the deal...
[CoinNess introduces AI monitoring for major crypto foundation updates]
To provide fast and accurate real-time news coverage, we have introduced an AI monitoring system for updates from major cryptocurrency foundations.
The system covers 785 cryptocurrency foundations as of Nov. 10.
The AI monitoring system uses the following distribution criteria:
- Newsworthiness: 30 points
- Market impact: 30 points
- Timeliness: 25 points
- Reliability: 15 points
- Total score required for publication: 80 points or higher
https://coinness.com/en/news/1174959
To provide fast and accurate real-time news coverage, we have introduced an AI monitoring system for updates from major cryptocurrency foundations.
The system covers 785 cryptocurrency foundations as of Nov. 10.
The AI monitoring system uses the following distribution criteria:
- Newsworthiness: 30 points
- Market impact: 30 points
- Timeliness: 25 points
- Reliability: 15 points
- Total score required for publication: 80 points or higher
https://coinness.com/en/news/1174959
CoinNess
CoinNess introduces AI monitoring for major crypto foundation updates - CoinNess
To provide fast and accurate real-time news coverage, we have introduced an AI monitoring system for updates from major cryptocurrency foundations. The system ...
[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: $63.69 million liquidated (61.7% longs)
- ETH: $63.99 million liquidated (74.37% longs)
- ZEC: $7.78 million liquidated (87.22% longs)
https://coinness.com/en/news/1174960
The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours:
- BTC: $63.69 million liquidated (61.7% longs)
- ETH: $63.99 million liquidated (74.37% longs)
- ZEC: $7.78 million liquidated (87.22% longs)
https://coinness.com/en/news/1174960
CoinNess
24-hour crypto futures liquidations - CoinNess
The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $63.69 million liquidate...
[Bitcoin may rebound if inflation cools, with further downside below $73K]
With the U.S. October consumer price index due later today, Bitcoin could see a short-term rebound if inflation comes in lower than expected, CoinDesk reported. Crypto research firm BRN said easing U.S. inflation pressure would be positive for risk assets, but BTC would need continued spot ETF inflows and a shift by the Federal Reserve toward looser monetary policy to sustain further gains. Until then, BRN sees a higher likelihood of additional declines. It added that if BTC closes below $73,000 on the daily chart, it could fall to $70,000, and a deeper slide could send it below $60,000. Bitget Wallet analysts also said a hotter-than-expected inflation reading could strengthen expectations for a December rate hike by the Fed, while slowing core inflation could help BTC rebound. Still, they said a break below $73,000 could push BTC down to $68,000, while reclaiming and holding $80,000 would signal stronger buying demand.
https://coinness.com/en/news/1174961
With the U.S. October consumer price index due later today, Bitcoin could see a short-term rebound if inflation comes in lower than expected, CoinDesk reported. Crypto research firm BRN said easing U.S. inflation pressure would be positive for risk assets, but BTC would need continued spot ETF inflows and a shift by the Federal Reserve toward looser monetary policy to sustain further gains. Until then, BRN sees a higher likelihood of additional declines. It added that if BTC closes below $73,000 on the daily chart, it could fall to $70,000, and a deeper slide could send it below $60,000. Bitget Wallet analysts also said a hotter-than-expected inflation reading could strengthen expectations for a December rate hike by the Fed, while slowing core inflation could help BTC rebound. Still, they said a break below $73,000 could push BTC down to $68,000, while reclaiming and holding $80,000 would signal stronger buying demand.
https://coinness.com/en/news/1174961
CoinNess
Bitcoin may rebound if inflation cools, with further downside below $73K - CoinNess
With the U.S. October consumer price index due later today, Bitcoin could see a short-term rebound if inflation comes in lower than expected, CoinDesk reported....
[XRPL Foundation to offer up to $40K for educational content creators]
The XRPL Foundation said in an official X post on Nov. 9 it will provide grants of up to $40,000 to creators producing educational content related to the XRP Ledger.
Eligible content includes videos, tutorials, articles, graphics and animations. Suggested topics include the lending protocol, confidential transfers, the consensus mechanism, NFTs and XRP’s role.
https://coinness.com/en/news/1174962
The XRPL Foundation said in an official X post on Nov. 9 it will provide grants of up to $40,000 to creators producing educational content related to the XRP Ledger.
Eligible content includes videos, tutorials, articles, graphics and animations. Suggested topics include the lending protocol, confidential transfers, the consensus mechanism, NFTs and XRP’s role.
https://coinness.com/en/news/1174962
CoinNess
XRPL Foundation to offer up to $40K for educational content creators - CoinNess
The XRPL Foundation said in an official X post on Nov. 9 it will provide grants of up to $40,000 to creators producing educational content related to the XRP Le...
[Coinbase, five others back CFTC authority over single-stock perpetual futures]
Coinbase, Kalshi, Payward, DRW Holdings, Jump Trading and Paradigm have sought permission to file an amicus brief supporting the U.S. CFTC’s authority to regulate single-stock perpetual futures.
Coinbase legal executive Molly Abraham said current law does not classify security futures products as swaps and argued that blocking innovation would only leave commodities trading outside the regulatory perimeter. Abraham added companies will keep working to bring stock perpetual futures to the U.S. in a compliant way.
The CFTC has formally approved trading in perpetual futures tied to individual stocks on U.S.-regulated exchanges, but traditional stock exchanges are pushing back. Opponents argue the perpetual futures products are closer to swaps, which fall under U.S. SEC regulation.
https://coinness.com/en/news/1174963
Coinbase, Kalshi, Payward, DRW Holdings, Jump Trading and Paradigm have sought permission to file an amicus brief supporting the U.S. CFTC’s authority to regulate single-stock perpetual futures.
Coinbase legal executive Molly Abraham said current law does not classify security futures products as swaps and argued that blocking innovation would only leave commodities trading outside the regulatory perimeter. Abraham added companies will keep working to bring stock perpetual futures to the U.S. in a compliant way.
The CFTC has formally approved trading in perpetual futures tied to individual stocks on U.S.-regulated exchanges, but traditional stock exchanges are pushing back. Opponents argue the perpetual futures products are closer to swaps, which fall under U.S. SEC regulation.
https://coinness.com/en/news/1174963
CoinNess
Coinbase, five others back CFTC authority over single-stock perpetual futures - CoinNess
Coinbase, Kalshi, Payward, DRW Holdings, Jump Trading and Paradigm have sought permission to file an amicus brief supporting the U.S. CFTC’s authority to regu...
[Anonymous whale deposits $26M in SOL to Binance, OKX over 16 hours]
An anonymous whale address starting with 2MdNva deposited 299,838 SOL worth $26 million into Binance and OKX over the past 16 hours, according to Lookonchain.
Exchange deposits are typically interpreted as intended for selling. Lookonchain said the address has been collecting SOL from multiple addresses that created tokens and depositing the funds to exchanges, indicating token creators with large profits appear to be selling SOL.
https://coinness.com/en/news/1174964
An anonymous whale address starting with 2MdNva deposited 299,838 SOL worth $26 million into Binance and OKX over the past 16 hours, according to Lookonchain.
Exchange deposits are typically interpreted as intended for selling. Lookonchain said the address has been collecting SOL from multiple addresses that created tokens and depositing the funds to exchanges, indicating token creators with large profits appear to be selling SOL.
https://coinness.com/en/news/1174964
CoinNess
Anonymous whale deposits $26M in SOL to Binance, OKX over 16 hours - CoinNess
An anonymous whale address starting with 2MdNva deposited 299,838 SOL worth $26 million into Binance and OKX over the past 16 hours, according to Lookonchain. ...
[Zcash developer proposes quadrupling max block size in NU8 upgrade]
Zcash developer Dev Ojha proposed on the Zcash forum that the NU8 upgrade, scheduled for late January next year, include a roughly fourfold increase in the network’s maximum block size to 8 MB from 2 MB.
Ojha also proposed including seven improvements in the upgrade: the launch of the Tachyon shielded pool, the introduction of a scalable transaction format, an increase in the maximum block size from 2 MB to 8 MB, the addition of SPHINCS-based quantum-resistant transparent transaction opcodes, an adjustment to the timing of NSM redistribution, a confirmed end date for Sapling deposits, and the removal of Consensus Branch ID updates.
Ojha emphasized that combining Tachyon with the block size increase could lift shielded transaction throughput to as much as 200 transactions per second, or 200 TPS, while also strengthening quantum-resistant security and improving wallet compatibility.
https://coinness.com/en/news/1174965
Zcash developer Dev Ojha proposed on the Zcash forum that the NU8 upgrade, scheduled for late January next year, include a roughly fourfold increase in the network’s maximum block size to 8 MB from 2 MB.
Ojha also proposed including seven improvements in the upgrade: the launch of the Tachyon shielded pool, the introduction of a scalable transaction format, an increase in the maximum block size from 2 MB to 8 MB, the addition of SPHINCS-based quantum-resistant transparent transaction opcodes, an adjustment to the timing of NSM redistribution, a confirmed end date for Sapling deposits, and the removal of Consensus Branch ID updates.
Ojha emphasized that combining Tachyon with the block size increase could lift shielded transaction throughput to as much as 200 transactions per second, or 200 TPS, while also strengthening quantum-resistant security and improving wallet compatibility.
https://coinness.com/en/news/1174965
CoinNess
Zcash developer proposes quadrupling max block size in NU8 upgrade - CoinNess
Zcash developer Dev Ojha proposed on the Zcash forum that the NU8 upgrade, scheduled for late January next year, include a roughly fourfold increase in the netw...
[Analyst says it may be time to step away as BTC stays muted despite U.S. stock rebound]
Bitcoin showed no reaction even as U.S. stocks rebounded, and it may be time to step away from the market for a while, cryptocurrency analyst KillaXBT, who has about 242,000 followers on X, said. KillaXBT noted, "S&P500" rose 3% and "Nasdaq" gained 6.6%, but Bitcoin was completely unchanged. By contrast, when the S&P 500 fell 0.5% after the close and the Nasdaq slipped 0.65%, Bitcoin dropped 1.1%, KillaXBT added.
https://coinness.com/en/news/1174966
Bitcoin showed no reaction even as U.S. stocks rebounded, and it may be time to step away from the market for a while, cryptocurrency analyst KillaXBT, who has about 242,000 followers on X, said. KillaXBT noted, "S&P500" rose 3% and "Nasdaq" gained 6.6%, but Bitcoin was completely unchanged. By contrast, when the S&P 500 fell 0.5% after the close and the Nasdaq slipped 0.65%, Bitcoin dropped 1.1%, KillaXBT added.
https://coinness.com/en/news/1174966
CoinNess
Analyst says it may be time to step away as BTC stays muted despite U.S. stock rebound - CoinNess
Bitcoin showed no reaction even as U.S. stocks rebounded, and it may be time to step away from the market for a while, cryptocurrency analyst KillaXBT, who has ...
[Buterin says AI could sharply accelerate Ethereum roadmap completion]
Ethereum founder Vitalik Buterin said AI could help complete Ethereum’s remaining roadmap far faster than previously expected, according to an interview with Indian business and finance outlet Moneycontrol.
Buterin identified active use of zero-knowledge proofs and AI-based formal verification as key goals of the “Lean Ethereum” upgrade planned over the coming years. He said the remaining roadmap workload would have taken 20 years based on conditions five years ago, but AI can significantly speed up development and help verify the safety of code and algorithms being written. He added Lean Ethereum aims to strengthen the network’s performance, decentralization and security at the same time.
https://coinness.com/en/news/1174967
Ethereum founder Vitalik Buterin said AI could help complete Ethereum’s remaining roadmap far faster than previously expected, according to an interview with Indian business and finance outlet Moneycontrol.
Buterin identified active use of zero-knowledge proofs and AI-based formal verification as key goals of the “Lean Ethereum” upgrade planned over the coming years. He said the remaining roadmap workload would have taken 20 years based on conditions five years ago, but AI can significantly speed up development and help verify the safety of code and algorithms being written. He added Lean Ethereum aims to strengthen the network’s performance, decentralization and security at the same time.
https://coinness.com/en/news/1174967
CoinNess
Buterin says AI could sharply accelerate Ethereum roadmap completion - CoinNess
Ethereum founder Vitalik Buterin said AI could help complete Ethereum’s remaining roadmap far faster than previously expected, according to an interview with ...
[Tether freezes 5 Ethereum addresses holding about 24.35 million USDT]
Tether, the issuer of the dollar-pegged stablecoin USDT, froze five Ethereum addresses about eight hours ago, blockchain security firm SlowMist reported. The addresses were found to hold a combined 24.35 million USDT.
Separately, MistTrack, a SlowMist-affiliated platform, said one of the frozen addresses had a history of interacting with addresses identified as being linked to phishing and pig-butchering scams, adding the freeze was likely aimed at addresses tied to criminal activity.
https://coinness.com/en/news/1174968
Tether, the issuer of the dollar-pegged stablecoin USDT, froze five Ethereum addresses about eight hours ago, blockchain security firm SlowMist reported. The addresses were found to hold a combined 24.35 million USDT.
Separately, MistTrack, a SlowMist-affiliated platform, said one of the frozen addresses had a history of interacting with addresses identified as being linked to phishing and pig-butchering scams, adding the freeze was likely aimed at addresses tied to criminal activity.
https://coinness.com/en/news/1174968
CoinNess
Tether freezes 5 Ethereum addresses holding about 24.35 million USDT - CoinNess
Tether, the issuer of the dollar-pegged stablecoin USDT, froze five Ethereum addresses about eight hours ago, blockchain security firm SlowMist reported. The ad...
[Upbit to list HYPE on KRW, BTC and USDT trading pairs]
South Korean exchange Upbit announced the addition of Hyperliquid (HYPE) for trading against KRW, BTC and USDT at 6:00 a.m. UTC on Nov. 10.
https://coinness.com/en/news/1174969
South Korean exchange Upbit announced the addition of Hyperliquid (HYPE) for trading against KRW, BTC and USDT at 6:00 a.m. UTC on Nov. 10.
https://coinness.com/en/news/1174969
CoinNess
Upbit announces HYPE listing - CoinNess
South Korean exchange Upbit has just announced the addition of Hyperliquid (HYPE).
[MEXC CEO says exchange has opened communication channel with FinCEN]
MEXC CEO Vugar Usi said the crypto exchange has established a communication channel with FinCEN with support from major U.S. law firms and is prepared to fully cooperate with the agency’s investigation. Usi added that FinCEN received MEXC’s written request on Nov. 9, according to the exchange.
CoinNess reported on Nov. 7 that FinCEN had cut off MEXC from the U.S. financial system over alleged sanctions evasion involving Iran, North Korea and Russia. In that action, FinCEN said MEXC facilitated at least $16 billion in transactions tied to sanctions evasion, cybercrime and other illicit activity from May 2021 to May 2026, including about $1.5 billion linked to Russian sanctions evasion and $1 billion involving an Iranian crypto exchange.
https://coinness.com/en/news/1174971
MEXC CEO Vugar Usi said the crypto exchange has established a communication channel with FinCEN with support from major U.S. law firms and is prepared to fully cooperate with the agency’s investigation. Usi added that FinCEN received MEXC’s written request on Nov. 9, according to the exchange.
CoinNess reported on Nov. 7 that FinCEN had cut off MEXC from the U.S. financial system over alleged sanctions evasion involving Iran, North Korea and Russia. In that action, FinCEN said MEXC facilitated at least $16 billion in transactions tied to sanctions evasion, cybercrime and other illicit activity from May 2021 to May 2026, including about $1.5 billion linked to Russian sanctions evasion and $1 billion involving an Iranian crypto exchange.
https://coinness.com/en/news/1174971
CoinNess
MEXC CEO says exchange has opened communication channel with FinCEN - CoinNess
MEXC CEO Vugar Usi said the crypto exchange has established a communication channel with FinCEN with support from major U.S. law firms and is prepared to fully ...
[U.S. spot Bitcoin ETFs see $201M in net outflows for third straight trading day]
U.S. spot Bitcoin ETFs recorded $201 million in net outflows on Nov. 9, marking a third consecutive trading day of net redemptions, according to Farside Investors.
- BlackRock IBIT: -$213.2 million
- ARK Invest ARKB: -$9.9 million
- Morgan Stanley MSBT: +$22.1 million
https://coinness.com/en/news/1174972
U.S. spot Bitcoin ETFs recorded $201 million in net outflows on Nov. 9, marking a third consecutive trading day of net redemptions, according to Farside Investors.
- BlackRock IBIT: -$213.2 million
- ARK Invest ARKB: -$9.9 million
- Morgan Stanley MSBT: +$22.1 million
https://coinness.com/en/news/1174972
CoinNess
U.S. spot Bitcoin ETFs see $201M in net outflows for third straight trading day - CoinNess
U.S. spot Bitcoin ETFs recorded $201 million in net outflows on Nov. 9, marking a third consecutive trading day of net redemptions, according to Farside Investo...
[U.S. spot Ether ETFs post $184.6M net outflow for third straight session]
U.S. spot Ether ETFs saw a net outflow of $184.6 million on Nov. 9, marking a third consecutive trading day of net withdrawals, according to Farside Investors.
- BlackRock ETHA: -$119.3 million
- BlackRock ETHB: -$20.8 million
- Fidelity FETH: -$19.1 million
- ARK 21Shares TETH: -$2 million
- Morgan Stanley MSSE: +$1.6 million
- Grayscale ETH: -$25 million
https://coinness.com/en/news/1174973
U.S. spot Ether ETFs saw a net outflow of $184.6 million on Nov. 9, marking a third consecutive trading day of net withdrawals, according to Farside Investors.
- BlackRock ETHA: -$119.3 million
- BlackRock ETHB: -$20.8 million
- Fidelity FETH: -$19.1 million
- ARK 21Shares TETH: -$2 million
- Morgan Stanley MSSE: +$1.6 million
- Grayscale ETH: -$25 million
https://coinness.com/en/news/1174973
CoinNess
U.S. spot Ether ETFs post $184.6M net outflow for third straight session - CoinNess
U.S. spot Ether ETFs saw a net outflow of $184.6 million on Nov. 9, marking a third consecutive trading day of net withdrawals, according to Farside Investors. ...