A crypto wallet tied to prominent trader Garrett Jin deposited 6,318 Bitcoin, worth roughly $425 million, to Binance in the past few minutes, continuing a series of large transfers that have drawn attention from blockchain analysts, according to data from Arkham Intelligence. Earlier today, the address sent about $336 million worth of Bitcoin to Binance….
An autonomous crypto trading bot known as Lobstar Wilde accidentally transferred its entire token holdings to a social media user after misreading a request for a small donation. Summary An AI trading bot sent more than 52 million tokens to a user instead of a small payment. The recipient sold the assets quickly, causing sharp…
Binance controls nearly a third of exchange-held supply, underscoring how liquidity power is concentrating among a few venues. Nearly 3 million Bitcoin (BTC), worth approximately $200 billion and representing 15% of the circulating supply, currently sits on centralized exchange platforms. The concentration of assets on trading venues reveals that, despite the shock of the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitdeer Technologies Group has emptied its Bitcoin treasury, selling every coin on its books and bringing its corporate balance to zero. The move follows weeks of steady disposals and comes as the company pursues fresh capital to fund expansion plans outside pure…
Bitcoin plunged over $3,000 in two hours, while the Crypto Fear and Greed Index has slumped to historic lows again. The Crypto Fear and Greed Index fell to its lowest levels on Monday as Bitcoin plunged more than 4% to $64,300, erasing its gains since Friday. More than 136,000 traders were liquidated over the past…
Vitalik Buterin, the co-founder of Ethereum, said on Friday he plans to build a “cypherpunk-principled” layer as an integrated extension to the Ethereum network, targeting core improvements like resistance to censorship, compatibility with zero-knowledge cryptography, and streamlined consensus mechanisms. I’m actually trying to do something even more ambitious: Create “cypherpunk principled non-ugly ethereum” as a…
In this week’s edition of weekly recap, XRP Ledger activated a members-only decentralized exchange for regulated institutions, Strategy reported its fourth-largest Bitcoin purchase of the year and Animoca Brands obtained regulatory approval in Dubai. XRP Ledger enables institutional-only trading Strategy… Source link
Bithumb CEO admited past mistakes following the latest 620,000 BTC blunder which has prompting further investigations into system flaws. South Korea’s financial authorities are facing criticism after failing to spot major flaws in Bithumb’s systems that led to an unprecedented Bitcoin error. Despite repeated inspections by the Financial Services Commission (FSC) and the Financial…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Talk of quantum computers no longer sounds like science fiction at crypto events. At a recent developer gathering, the ETH Denver, engineers and security researchers turned their attention to a simple but unsettling question: what happens to Bitcoin if a powerful quantum…
The US Securities and Exchange Commission (SEC) staff last week clarified that broker-dealers can apply a 2% “haircut” to their stablecoin holdings without objection from the SEC. Previously, broker-dealers were uncertain whether to apply a 100% haircut to their dollar-pegged stablecoins, meaning that they did not count the tokens toward their net capital under existing…
