Korea's Crypto Frenzy: Bitcoin Premiums Hit the Roof, Signaling Retail Investor Surge!
In the heart of South Korea's vibrant crypto scene, the Korea Premium Index (KPI) is taking center stage as the ultimate mood indicator! CryptoQuant reveals that the 'Kimchi Premium,' measured by the KPI, is painting a fascinating picture of the market sentiment in this crypto-savvy nation.
The KPI, a beacon of insight, acts as a crypto weather vane, with higher values indicating a bullish market full of retail investors flexing their buying power on local exchanges. This surge in demand propels crypto prices to new heights within South Korea, creating a thrilling wave of excitement!
On the flip side, a lower KPI signals a bearish undertone, hinting at a potential rise in selling activity. The 14-day moving average for the Korean Premium Index is echoing levels reminiscent of Bitcoin's peak in late 2021, adding an intriguing layer to the current market narrative.
In the heart of South Korea's vibrant crypto scene, the Korea Premium Index (KPI) is taking center stage as the ultimate mood indicator! CryptoQuant reveals that the 'Kimchi Premium,' measured by the KPI, is painting a fascinating picture of the market sentiment in this crypto-savvy nation.
The KPI, a beacon of insight, acts as a crypto weather vane, with higher values indicating a bullish market full of retail investors flexing their buying power on local exchanges. This surge in demand propels crypto prices to new heights within South Korea, creating a thrilling wave of excitement!
On the flip side, a lower KPI signals a bearish undertone, hinting at a potential rise in selling activity. The 14-day moving average for the Korean Premium Index is echoing levels reminiscent of Bitcoin's peak in late 2021, adding an intriguing layer to the current market narrative.
Spot Bitcoin ETF Surge: SEC Flooded with Registrations as Decision Deadline Nears!
In a flurry of activity, asset managers are making bold moves, filing for the registration of their spot bitcoin exchange-traded funds (ETFs) as securities with the U.S. Securities and Exchange Commission (SEC). With the first spot bitcoin ETF decision deadline set for January 10, anticipation is building, with many industry insiders predicting an earlier ruling from the SEC.
Filing Frenzy: Vaneck, Valkyrie, Grayscale, Fidelity, and Bitwise Join the Race!
The latest filings come from heavyweights in the industry, with Vaneck, Valkyrie, and Grayscale Investments throwing their hats into the ring just last Thursday. Fidelity made their move on Wednesday, while Bitwise had already filed the previous week. It's a dynamic lineup, showcasing the industry's eagerness to pioneer the way for spot bitcoin ETFs.
Exchange Showdown: NYSE Arca, Cboe BZX, and Nasdaq in the!
The battle for exchanges is heating up as Grayscale and Bitwise plan to list their spot bitcoin ETFs on the NYSE Arca. On the other hand, Vaneck and Fidelity are set to grace the Cboe BZX Exchange. Valkyrie, ever the contender, is eyeing a spot on Nasdaq. The stakes are high, and the choice of exchange adds an extra layer of excitement to the unfolding narrative.
Fidelity's Vision: Wise Origin Bitcoin Fund Takes Center Stage!
Fidelity, a major player in the game, has outlined their vision in the filing: "The securities to be registered hereunder are shares ... of the Fidelity Wise Origin Bitcoin Fund." The trust's shares are primed for listing, with approval secured from the Cboe BZX Exchange, Inc. This move positions Fidelity as a significant contender in the evolving landscape of spot bitcoin ETFs.
In a flurry of activity, asset managers are making bold moves, filing for the registration of their spot bitcoin exchange-traded funds (ETFs) as securities with the U.S. Securities and Exchange Commission (SEC). With the first spot bitcoin ETF decision deadline set for January 10, anticipation is building, with many industry insiders predicting an earlier ruling from the SEC.
Filing Frenzy: Vaneck, Valkyrie, Grayscale, Fidelity, and Bitwise Join the Race!
The latest filings come from heavyweights in the industry, with Vaneck, Valkyrie, and Grayscale Investments throwing their hats into the ring just last Thursday. Fidelity made their move on Wednesday, while Bitwise had already filed the previous week. It's a dynamic lineup, showcasing the industry's eagerness to pioneer the way for spot bitcoin ETFs.
Exchange Showdown: NYSE Arca, Cboe BZX, and Nasdaq in the!
The battle for exchanges is heating up as Grayscale and Bitwise plan to list their spot bitcoin ETFs on the NYSE Arca. On the other hand, Vaneck and Fidelity are set to grace the Cboe BZX Exchange. Valkyrie, ever the contender, is eyeing a spot on Nasdaq. The stakes are high, and the choice of exchange adds an extra layer of excitement to the unfolding narrative.
Fidelity's Vision: Wise Origin Bitcoin Fund Takes Center Stage!
Fidelity, a major player in the game, has outlined their vision in the filing: "The securities to be registered hereunder are shares ... of the Fidelity Wise Origin Bitcoin Fund." The trust's shares are primed for listing, with approval secured from the Cboe BZX Exchange, Inc. This move positions Fidelity as a significant contender in the evolving landscape of spot bitcoin ETFs.
SEC's Bitcoin ETF Greenlight: Don't Mistake for Crypto Love!
After a series of red lights, the SEC has finally hit the gas on spot bitcoin ETFs. But before you rev your engines, Gary Gensler, the man at the wheel, has a word of caution to share.
The SEC's thumbs-up does not equate to a bear hug for Bitcoin or crypto. This approval is just a nod to the market's growth, not a cuddle session with crypto assets. Keep those emotions in check, folks!
Gensler's clear-cut stance: most crypto tokens fall under the securities umbrella. It's a regulatory rainstorm out there, and not all crypto kiddos have their legal raincoats on.
Spotting the Fine Print: SEC's recent move ain't the Commission's crypto crush confession. Investors, stay alert! Bitcoin's shiny, but it comes with a slippery risk slope.
In conclusion, the SEC's wink at spot bitcoin ETFs is just regulatory business, not a love letter to Bitcoin. Investors, keep your hearts and wallets in check – crypto’s still a roller coaster ride!
After a series of red lights, the SEC has finally hit the gas on spot bitcoin ETFs. But before you rev your engines, Gary Gensler, the man at the wheel, has a word of caution to share.
The SEC's thumbs-up does not equate to a bear hug for Bitcoin or crypto. This approval is just a nod to the market's growth, not a cuddle session with crypto assets. Keep those emotions in check, folks!
Gensler's clear-cut stance: most crypto tokens fall under the securities umbrella. It's a regulatory rainstorm out there, and not all crypto kiddos have their legal raincoats on.
Spotting the Fine Print: SEC's recent move ain't the Commission's crypto crush confession. Investors, stay alert! Bitcoin's shiny, but it comes with a slippery risk slope.
In conclusion, the SEC's wink at spot bitcoin ETFs is just regulatory business, not a love letter to Bitcoin. Investors, keep your hearts and wallets in check – crypto’s still a roller coaster ride!
Synthetix nets $20M from Web3 quant trading firm.
Derivatives liquidity protocol Synthetix seals new partnership with DWF Labs, landing a $20 million investment from the quantitative trading firm.
Tokenized asset issuance platform Synthetix has secured a $20 million investment through a new partnership with Web3 investment and quantitative trading firm DWF Labs.
The market making and algorithmic trading company acquired $15 million worth of Synthetix’ native token SNX paid for with USD Coin (USDC) in March 2023. DWF Labs will be tasked with increasing SNX token liquidity and market making across centralized and decentralized exchanges.
Synthetix’ perpetual futures will be integrated into DWF Labs’ trading business as part of the deal. DWF Labs has also committed to purchase another $5 million worth of SNX tokens once the integration of Synthetix’ services has been completed.
Synthetix allows users to tokenize a variety of real-world assets into derivatives called Synths, which provide exposure to a range of different assets. Holding SNX tokens allows users to create Synths by locking tokens into a smart contract and minting Synths against the corresponding value.
Users can trade Synths using Synthetix’ pooled collateral model, with trades between Synths generating fees for SNX collateral providers.
The creation of on-chain synthetic assets tracks the value of real-world assets, which includes synthetic fiat currencies or commodities like Gold and financial instruments like equity indices.
DWF Labs managing partner Andrei Grachev highlighted the partnership’s provision of streamlined trading mechanisms in the Decentralized Finance (DeFi) space:
"By leveraging Synthetix's deep liquidity and composability, platforms can now deliver better trades with lower slippage, allowing for innovative hedging strategies and unique use cases.”
Synthetix’ V2 platform surpassed $400 million in perpetual swap daily trade volume in March 2023 according to data from Dune Analytics.
Derivatives liquidity protocol Synthetix seals new partnership with DWF Labs, landing a $20 million investment from the quantitative trading firm.
Tokenized asset issuance platform Synthetix has secured a $20 million investment through a new partnership with Web3 investment and quantitative trading firm DWF Labs.
The market making and algorithmic trading company acquired $15 million worth of Synthetix’ native token SNX paid for with USD Coin (USDC) in March 2023. DWF Labs will be tasked with increasing SNX token liquidity and market making across centralized and decentralized exchanges.
Synthetix’ perpetual futures will be integrated into DWF Labs’ trading business as part of the deal. DWF Labs has also committed to purchase another $5 million worth of SNX tokens once the integration of Synthetix’ services has been completed.
Synthetix allows users to tokenize a variety of real-world assets into derivatives called Synths, which provide exposure to a range of different assets. Holding SNX tokens allows users to create Synths by locking tokens into a smart contract and minting Synths against the corresponding value.
Users can trade Synths using Synthetix’ pooled collateral model, with trades between Synths generating fees for SNX collateral providers.
The creation of on-chain synthetic assets tracks the value of real-world assets, which includes synthetic fiat currencies or commodities like Gold and financial instruments like equity indices.
DWF Labs managing partner Andrei Grachev highlighted the partnership’s provision of streamlined trading mechanisms in the Decentralized Finance (DeFi) space:
"By leveraging Synthetix's deep liquidity and composability, platforms can now deliver better trades with lower slippage, allowing for innovative hedging strategies and unique use cases.”
Synthetix’ V2 platform surpassed $400 million in perpetual swap daily trade volume in March 2023 according to data from Dune Analytics.
$9.6 Billion in 3 Days — ETF Analyst Highlights Remarkable Early Success of Bitcoin ETFs
On Tuesday, the third day of trading for the U.S.-based spot bitcoin exchange-traded fund (ETF), there was a noticeable decrease in activity with trading volumes falling by 37% from the levels seen on Jan. 12, 2024.
The day concluded with most funds slightly over 1% lower against the U.S. dollar, with Grayscale’s GBTC capturing the lion’s share of the trading volume.
On Tuesday, the third day of trading for the U.S.-based spot bitcoin exchange-traded fund (ETF), there was a noticeable decrease in activity with trading volumes falling by 37% from the levels seen on Jan. 12, 2024.
The day concluded with most funds slightly over 1% lower against the U.S. dollar, with Grayscale’s GBTC capturing the lion’s share of the trading volume.
🔔 Enovia AI Presale
✔️ 200 BNB filled at this moment
Enovia AI appears to be a project aiming to revolutionize both the AI and blockchain markets. It emphasizes the integration of AI and blockchain technology, unlocking possibilities previously unimagined. The focus is on developing AI applications beneficial for both end users and companies.
- KYCed
- Audited
- 51% Liquidity
- Huge Buy Backs
- No Unlocked Tokens
- Rennounced Contract
😊 Access it here
https://www.pinksale.finance/launchpad/0x6d522e3dbd2539cbd56c07ffb4a75e79e20ac8b5?chain=BSC
✔️ 200 BNB filled at this moment
Enovia AI appears to be a project aiming to revolutionize both the AI and blockchain markets. It emphasizes the integration of AI and blockchain technology, unlocking possibilities previously unimagined. The focus is on developing AI applications beneficial for both end users and companies.
- KYCed
- Audited
- 51% Liquidity
- Huge Buy Backs
- No Unlocked Tokens
- Rennounced Contract
😊 Access it here
https://www.pinksale.finance/launchpad/0x6d522e3dbd2539cbd56c07ffb4a75e79e20ac8b5?chain=BSC
$VRA Staking Program Extended to 2025! ✔️
Verasity is pleased to officially announce that the Verasity Staking Program has been extended for another year to 31 March 2025!
The daily reward rate will be 15% per annum. The continued rate will be effective from 1st April 2024. The minimum amount of VRA to be staked continues to be 10,000 VRA, and there are no other changes to the staking terms.
Do I need to do anything?
No. If you’re already staking, your VRA tokens will remain staked and begin accruing rewards at the new rate beginning on the 1st April, 2024. There is no action required on your part. There will be no need to restake your VRA. If you haven’t began staking yet, read on to find out how to get started.
➡️ Stake through the VeraWallet here
Verasity is pleased to officially announce that the Verasity Staking Program has been extended for another year to 31 March 2025!
The daily reward rate will be 15% per annum. The continued rate will be effective from 1st April 2024. The minimum amount of VRA to be staked continues to be 10,000 VRA, and there are no other changes to the staking terms.
Do I need to do anything?
No. If you’re already staking, your VRA tokens will remain staked and begin accruing rewards at the new rate beginning on the 1st April, 2024. There is no action required on your part. There will be no need to restake your VRA. If you haven’t began staking yet, read on to find out how to get started.
➡️ Stake through the VeraWallet here
ARK Invest continues Bitcoin futures ETF rotation with multimillion-dollar ARKB purchase
Cathie Wood’s ARK Invest has maintained its strategic investment approach by accumulating shares of its Ark 21Shares Spot Bitcoin ETF (ARKB) for inclusion in its Next Generation Internet ETF (ARKW), according to the company’s latest trade filing seen by CryptoSlate.
In this recent transaction, ARK Invest acquired 523,541 ARKB shares at $21 million while divesting 648,091 units of ProShares Bitcoin Strategy ETF (BITO) for $12.85 million.
Cathie Wood’s ARK Invest has maintained its strategic investment approach by accumulating shares of its Ark 21Shares Spot Bitcoin ETF (ARKB) for inclusion in its Next Generation Internet ETF (ARKW), according to the company’s latest trade filing seen by CryptoSlate.
In this recent transaction, ARK Invest acquired 523,541 ARKB shares at $21 million while divesting 648,091 units of ProShares Bitcoin Strategy ETF (BITO) for $12.85 million.
JPMorgan reports GBTC sell declining, highlights ETF record outflows
In a market report released on Jan. 25, a team led by Nikolaos Panigirtzoglou, JPMorgan’s market strategy managing director,”GBTC profit taking has largely happened already.” The assessment suggests that the primary factors influencing Bitcoin’s price fluctuations, specifically those linked to GBTC, might be diminishing.
Grayscale’s fund has been trading below its net asset value since early 2021. Analysts attribute the $4.3 billion in outflows since its Jan. 11 conversion to an ETF to investors cashing in on earlier GBTC investments.
In a market report released on Jan. 25, a team led by Nikolaos Panigirtzoglou, JPMorgan’s market strategy managing director,”GBTC profit taking has largely happened already.” The assessment suggests that the primary factors influencing Bitcoin’s price fluctuations, specifically those linked to GBTC, might be diminishing.
Grayscale’s fund has been trading below its net asset value since early 2021. Analysts attribute the $4.3 billion in outflows since its Jan. 11 conversion to an ETF to investors cashing in on earlier GBTC investments.
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Get Ready to TRADE OR DIE on the hottest Perp DEX on Starknet - ZKX 🚀
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Revolutionizing perpetual trading with built-in gamification and 30 min trading battles – where everyone's a winner! 🏆
Whether you're a newbie or a seasoned trader, OG Trade is YOUR new trading haven 🏠
Key Features:
👋 Departure from boring UIs
🤏 One-Click Trading
⚔️ PVP Battle every 30-minutes for each Asset: BTC, ETH & SOL
💰 $ZKX Rewards for 2 months
📛 Profit, Volume & Loss Badges
🖼 Exclusive Clan NFTs
Joining a clan will unlock the doors to ⤵
🖼 NFTs
💰 $ZKX Rewards
🪂 Eligible for Airdrop 2.0
💬 Private TG group for 2 clans
Check which clan is 'the one' for you ⤵
1. Create your ZKX Account
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3. Mint the Clan NFT
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LinkedIn: https://www.linkedin.com/company/zkx/mycompany/
Medium: https://medium.com/@zkxprotocol
Website: https://zkx.fi/
Whales and institutions lead the charge in Bitcoin’s exchange volume surge
Bitcoin's price movements often stir the market, but what happened when it briefly dipped below $40,000 and then climbed back to $42,000 was somewhat unprecedented.
Most would anticipate a surge in retail trading; however, the reality of the situation, as revealed by Glassnode's data, was more nuanced.
Bitcoin's price movements often stir the market, but what happened when it briefly dipped below $40,000 and then climbed back to $42,000 was somewhat unprecedented.
Most would anticipate a surge in retail trading; however, the reality of the situation, as revealed by Glassnode's data, was more nuanced.
UAE and China Lead the Way with $13.6M CBDC Breakthrough!
The United Arab Emirates and China have just made history in the world of digital finance, as they successfully conducted their first-ever cross-border central bank digital currency (CBDC) transaction. And it's no small change – we're talking about a whopping $13.6 million!
This groundbreaking payment took place during the grand celebration of the Central Bank of UAE's 50th anniversary in Abu Dhabi, where high-ranking officials from both nations gathered to witness this momentous occasion.
Thanks to the innovative m-CBDC Bridge platform, digital dirhams and digital yuan were seamlessly exchanged, showcasing the immense potential of digital currencies in facilitating global financial transactions.
The event was nothing short of spectacular, with nearly a thousand attendees and esteemed guests like Vice President Mansour bin Zayed Al Nahyan and Chinese Ambassador Zhang Yiming gracing the occasion.
In a true display of collaboration, Mansour and Zhang jointly initiated this landmark payment, officially launching the m-CBDC Bridge's real-time capabilities. It's a significant step forward after the successful pilot phase earlier this year.
The United Arab Emirates and China have just made history in the world of digital finance, as they successfully conducted their first-ever cross-border central bank digital currency (CBDC) transaction. And it's no small change – we're talking about a whopping $13.6 million!
This groundbreaking payment took place during the grand celebration of the Central Bank of UAE's 50th anniversary in Abu Dhabi, where high-ranking officials from both nations gathered to witness this momentous occasion.
Thanks to the innovative m-CBDC Bridge platform, digital dirhams and digital yuan were seamlessly exchanged, showcasing the immense potential of digital currencies in facilitating global financial transactions.
The event was nothing short of spectacular, with nearly a thousand attendees and esteemed guests like Vice President Mansour bin Zayed Al Nahyan and Chinese Ambassador Zhang Yiming gracing the occasion.
In a true display of collaboration, Mansour and Zhang jointly initiated this landmark payment, officially launching the m-CBDC Bridge's real-time capabilities. It's a significant step forward after the successful pilot phase earlier this year.
Bitcoin Rockets Past $46,000 as ETFs Boost Investor Confidence
Bitcoin (BTC) is on a meteoric rise, smashing through the $46,000 barrier and reaching its highest point in a month. The cryptocurrency's surge can be attributed to steady inflows into US-based funds and the buzz surrounding April's halving event. With a 7.3% gain over the past week, BTC is now trading at around $46,246.
The introduction of new spot Bitcoin ETFs has sparked significant interest, with an impressive streak of 10 consecutive days of net inflows. This influx of capital has pushed the total to a staggering $8 billion this week, highlighting the strong demand from investors.
Notably, two major players in the financial world have made their mark in the crypto space. BlackRock's iShares Bitcoin Trust (IBIT) secured the eighth spot on Morningstar's list with a whopping $2.6 billion in net flows, while Fidelity Wise Origin Bitcoin ETF (FBTC) claimed the tenth spot with $2.2 billion.
Bitcoin (BTC) is on a meteoric rise, smashing through the $46,000 barrier and reaching its highest point in a month. The cryptocurrency's surge can be attributed to steady inflows into US-based funds and the buzz surrounding April's halving event. With a 7.3% gain over the past week, BTC is now trading at around $46,246.
The introduction of new spot Bitcoin ETFs has sparked significant interest, with an impressive streak of 10 consecutive days of net inflows. This influx of capital has pushed the total to a staggering $8 billion this week, highlighting the strong demand from investors.
Notably, two major players in the financial world have made their mark in the crypto space. BlackRock's iShares Bitcoin Trust (IBIT) secured the eighth spot on Morningstar's list with a whopping $2.6 billion in net flows, while Fidelity Wise Origin Bitcoin ETF (FBTC) claimed the tenth spot with $2.2 billion.
DraftKings Tees Up PGA Tour NFT Fantasy Golf Game
After establishing NFT-based fantasy sports games around the National Football League (NFL) and Ultimate Fighting Championship (UFC), sports betting firm DraftKings announced today that it will launch an NFT fantasy golf game in partnership with the PGA Tour.
DraftKings will roll out the Reignmakers PGA Tour experience in March, following the same kind of format as with its previous NFT projects. Digital cards based on PGA Tour golfers will be minted and sold via Polygon, an Ethereum sidechain network, and users can compete for millions of dollars’ worth of cash prizes.
Just like in traditional fantasy sports games, users will earn points based on the real-world performance of the players in their respective lineups. But as in DraftKings’ other Reignmakers games and in rival games like Sorare, users will build their lineups by buying and trading digital cards based on the real-world athletes.
After establishing NFT-based fantasy sports games around the National Football League (NFL) and Ultimate Fighting Championship (UFC), sports betting firm DraftKings announced today that it will launch an NFT fantasy golf game in partnership with the PGA Tour.
DraftKings will roll out the Reignmakers PGA Tour experience in March, following the same kind of format as with its previous NFT projects. Digital cards based on PGA Tour golfers will be minted and sold via Polygon, an Ethereum sidechain network, and users can compete for millions of dollars’ worth of cash prizes.
Just like in traditional fantasy sports games, users will earn points based on the real-world performance of the players in their respective lineups. But as in DraftKings’ other Reignmakers games and in rival games like Sorare, users will build their lineups by buying and trading digital cards based on the real-world athletes.
South Korean Police Bust Scam Coin Ring Linked to Winnerz: Arrests Made!
In a major breakthrough, South Korean authorities have apprehended a suspected scam coin operator in Gimpo, Gyeonggi Province. This arrest seems to be connected to the ongoing controversy surrounding the blockchain firm Winnerz.
The individual charged with fraud, known as "A" in local media, is believed to be the CEO of a cryptoasset-related company. Shockingly, this enterprise allegedly used the allure of celebrities, including a former national soccer player, to promote their dubious coin.
However, the soccer star in question, Lee Chun-soo, has now come forward, stating that his images were used without his consent by the GDG coin project. This revelation adds another layer of intrigue to an already complex case.
Investors were lured into buying this token with promises of early access and future profits. Sadly, their hopes were dashed as the coin never made it onto any domestic exchanges. Instead, they found themselves locked out of their investments on a GDG-related platform.
The financial impact is staggering, with around 30 investors allegedly defrauded out of more than $2.25 million. It's worth noting that this virtual currency venture only started operating in March 2021 – a relatively short but destructive run.
In a major breakthrough, South Korean authorities have apprehended a suspected scam coin operator in Gimpo, Gyeonggi Province. This arrest seems to be connected to the ongoing controversy surrounding the blockchain firm Winnerz.
The individual charged with fraud, known as "A" in local media, is believed to be the CEO of a cryptoasset-related company. Shockingly, this enterprise allegedly used the allure of celebrities, including a former national soccer player, to promote their dubious coin.
However, the soccer star in question, Lee Chun-soo, has now come forward, stating that his images were used without his consent by the GDG coin project. This revelation adds another layer of intrigue to an already complex case.
Investors were lured into buying this token with promises of early access and future profits. Sadly, their hopes were dashed as the coin never made it onto any domestic exchanges. Instead, they found themselves locked out of their investments on a GDG-related platform.
The financial impact is staggering, with around 30 investors allegedly defrauded out of more than $2.25 million. It's worth noting that this virtual currency venture only started operating in March 2021 – a relatively short but destructive run.
April 2024 Bitcoin Halving Sparks Worldwide Curiosity, Data Reveals
A recent study focusing on the search term “bitcoin” through Google Trends data revealed that curiosity remained subdued even as the price soared above the $50K mark.
Yet, anticipation for the forthcoming reward halving has hit a 90-day peak. Slated for April 2024, this significant occasion will slash the pace at which new bitcoins are generated by 50%, sparking widespread interest in the topic.
A recent study focusing on the search term “bitcoin” through Google Trends data revealed that curiosity remained subdued even as the price soared above the $50K mark.
Yet, anticipation for the forthcoming reward halving has hit a 90-day peak. Slated for April 2024, this significant occasion will slash the pace at which new bitcoins are generated by 50%, sparking widespread interest in the topic.
MetaMask integrates Blockaid security alerts for wallet users across multiple chains
Crypto wallet app MetaMask has enabled, by-default, integration of security alerts — powered by security firm Blockaid — for its extension and mobile app users across multiple chains.
These security alerts were integrated by default on Ethereum (via extension) in January 2024 and are now available for mobile and extension on the following networks: Linea, BNB Chain, Polygon, Arbitrum, Optimism and Avalanche.
Crypto wallet app MetaMask has enabled, by-default, integration of security alerts — powered by security firm Blockaid — for its extension and mobile app users across multiple chains.
These security alerts were integrated by default on Ethereum (via extension) in January 2024 and are now available for mobile and extension on the following networks: Linea, BNB Chain, Polygon, Arbitrum, Optimism and Avalanche.
Ronin Co-founder Zirlin Claims he Lost $9.7M to Wallet Hack
Ronin and Axie Infinity co-founder Jeff “Jihoz” Zirlin has claimed that two of his wallets have been hacked and about $9.7 million worth of Ethereum stolen.
The funds from the compromised wallets from Ronin Bridge v2 were initially split and moved to three different ones. They were then routed through Tornado Cash Mixer, a move to obscure the ownership and traceability of the funds. The perpetrator then exchanged the assets for 3,249 ETH and deposited them on Tornado.
Ronin and Axie Infinity co-founder Jeff “Jihoz” Zirlin has claimed that two of his wallets have been hacked and about $9.7 million worth of Ethereum stolen.
The funds from the compromised wallets from Ronin Bridge v2 were initially split and moved to three different ones. They were then routed through Tornado Cash Mixer, a move to obscure the ownership and traceability of the funds. The perpetrator then exchanged the assets for 3,249 ETH and deposited them on Tornado.
Bitcoin Trades at Narrow Discount on BinanceUS
Bitcoin (BTC) was priced at a slight discount on BinanceUS early Friday after the exchange said it would become a crypto-only platform starting June 13.
At 08:25 UTC, the bitcoin-U.S. dollar pair on BinanceUS traded at least $130 below prices on Coinbase and other major exchanges, according to data tracked by the charting platform TradingView.
"BTC now trades at a slight discount on BinanceUS," said Clara Medalie, a director at Paris-based crypto data provider Kaiko. "News of a possible halt in USD withdrawals has caused an uptick in BTC selling as traders quickly try to get their assets off the exchange,"
BinanceUS tweeted late Thursday that it would no longer accept dollar deposits and warned that its banking partners are preparing to pause fiat withdrawal channels as of June 13. The exchange urged clients to reclaim their dollars using bank transfers before then, and said it would begin delisting the dollar-denominated pairs starting next week.
The decision comes days after the U.S. Securities Exchange and Commission (SEC) asked a federal court to freeze BinanceUS' assets, while suing its global entity Binance and rival exchange Coinbase for violating the federal securities law.
The SEC's action saw market makers remove liquidity from BinanceUS' order books. The resulting worsening of the market depth saw bitcoin trade at a premium of more than $1,000 on the exchange at one point.
Bitcoin (BTC) was priced at a slight discount on BinanceUS early Friday after the exchange said it would become a crypto-only platform starting June 13.
At 08:25 UTC, the bitcoin-U.S. dollar pair on BinanceUS traded at least $130 below prices on Coinbase and other major exchanges, according to data tracked by the charting platform TradingView.
"BTC now trades at a slight discount on BinanceUS," said Clara Medalie, a director at Paris-based crypto data provider Kaiko. "News of a possible halt in USD withdrawals has caused an uptick in BTC selling as traders quickly try to get their assets off the exchange,"
BinanceUS tweeted late Thursday that it would no longer accept dollar deposits and warned that its banking partners are preparing to pause fiat withdrawal channels as of June 13. The exchange urged clients to reclaim their dollars using bank transfers before then, and said it would begin delisting the dollar-denominated pairs starting next week.
The decision comes days after the U.S. Securities Exchange and Commission (SEC) asked a federal court to freeze BinanceUS' assets, while suing its global entity Binance and rival exchange Coinbase for violating the federal securities law.
The SEC's action saw market makers remove liquidity from BinanceUS' order books. The resulting worsening of the market depth saw bitcoin trade at a premium of more than $1,000 on the exchange at one point.
BlackRock Bitcoin ETF Smashes Daily Inflow Record, Ranks 2nd In United States
BlackRock’s Bitcoin (BTC) ETF has cracked a new daily inflow record, helping push Bitcoin’s above $60,000 for the first time since November 2021.
The iShares Bitcoin Trust (IBIT) absorbed another $520 million on Tuesday, bringing the fund’s total flows since launch above $6.5 billion.
Furthermore, thanks to Bitcoin’s rising price during that period, the value of the firm’s Bitcoin stash has appreciated to over $8 billion.
BlackRock’s Bitcoin (BTC) ETF has cracked a new daily inflow record, helping push Bitcoin’s above $60,000 for the first time since November 2021.
The iShares Bitcoin Trust (IBIT) absorbed another $520 million on Tuesday, bringing the fund’s total flows since launch above $6.5 billion.
Furthermore, thanks to Bitcoin’s rising price during that period, the value of the firm’s Bitcoin stash has appreciated to over $8 billion.
FTX issues warning on authorized bids and asset sales
As the bankrupt FTX exchange prepares to settle obligations to creditors affected by its 2022 collapse, it has cautioned the public about its sole authorized investment manager.
In addition, FTX explained that if the FTX Debtors sell locked digital assets, the terms and conditions governing the schedule for unlocking the holdings would still stand.
The bankrupt exchange has actively worked on restructuring and repaying its creditors in recent months.
As the bankrupt FTX exchange prepares to settle obligations to creditors affected by its 2022 collapse, it has cautioned the public about its sole authorized investment manager.
In addition, FTX explained that if the FTX Debtors sell locked digital assets, the terms and conditions governing the schedule for unlocking the holdings would still stand.
The bankrupt exchange has actively worked on restructuring and repaying its creditors in recent months.