News
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Ethereum ICO investor creates FUD with 19,000 ETH sales as whale holdings decline 1.18%
An early Ethereum investor who participated in its ICO has sold 19,000 ETH, worth $47.54 million. The sale has created a short-term FUD amid Ethereum whale holdings dropping by 1.18% over the last 30 days. Since other investor categories and active addresses have seen slight increases, the dip might not indicate a deeper downtrend. However, […]Cryptopolitan
Thu, Oct 3
AT&T back in court over $24M SIM swap crypto heist
Telecommunications giant AT&T is facing renewed legal challenges in a case linked to a SIM swap hack. A federal appeals court revived a lawsuit where a customer lost over $24 million in crypto after the company allegedly let hackers gain control of a phone number linked to their crypto accounts. The legal battle began in […]Cryptopolitan
Thu, Oct 3
BTC and ETH ETFs surfer outflows amid crypto market uncertainty
SoSoValue’s data showed that Bitcoin spot ETFs experienced a total net outflow of $91.76M on Oct. 2nd, and the net asset ratio settled at 4.64%. Fidelity’s Bitcoin ETF (FBTC) led with a daily net inflow of $21.08M, while ARK 21Shares’ ETF (ARKB) performed the worst with a total daily outflow of $60.28M.Cryptopolitan
Thu, Oct 3
Bitwise’s XRP ETP S-1 filing sparks on-chain activity from whales
Asset management firm Bitwise filed Form S-1 for XRP ETP with the U.S. Securities and Exchange Commission (SEC) on October 2nd. The filing indicates that once approved, the proposed fund will hold XRP on its own.Cryptopolitan
Thu, Oct 3
WazirX forms Committee of Creditors as 13% of users claim to 92% of funds
Indian crypto exchange WazirX will form a Committee of Creditors (COC) by October 9. It will treat all users with crypto balances at the time of the $230 million hack as contingent unsecured creditors. While the COC will provide feedback and monitor the restructuring process, the company is not obligated to integrate its recommendations. Cryptopolitan […]Cryptopolitan
Thu, Oct 3
Anti-crypto SEC Enforcement Director Gurbir Grewal steps down
Gurbir S. Grewal, the U.S. Securities and Exchange Commission’s (SEC) Enforcement Director, is officially stepping down on October 11. After three years of running the SEC’s enforcement arm, he’s out. Taking over his position, at least temporarily, is his right-hand man, Sanjay Wadhwa. Wadhwa’s been with the SEC for over 20 years and has a […]Cryptopolitan
Thu, Oct 3
Arthur Hayes’ quick exit, hits $47K loss in meme coins in 6 days
BitMEX co-founder Arthur Hayes, also known for his interesting bets and takes on meme coins, seems to have accepted a loss on his fresh trades. He recently accumulated PEPE after ditching Aethir (ATH) and even took his shoot on MOTHER. The meme crypto category cumulatively saw a decline lately as the biggest of the tokens […]Cryptopolitan
Thu, Oct 3
Guru4Invest Announces a Platform for a Seamless Experience
Guru4Invest is a leader in the financial services industry that is thrilled to unveil its latest offering. So, the company is becoming like an innovative trading platform that promises to redefine the investing experience for clients of all levels. This innovative platform has been meticulously designed to meet the diverse needs of today’s traders, whether […]Cryptopolitan
Thu, Oct 3
Oliver Gale on Panther Protocol’s role in private on-chain finance and institutional adoption
Now, days after the TOKEN2049 event in Singapore, we look back at an intriguing interview with Oliver Gale, co-founder of Panther, a protocol-building decentralized infrastructure for digital asset service providers. The TOKEN2049 Singapore crypto event brought together leading voices in the crypto industry at the iconic Marina Bay Sands. The event attracted 20,000 attendees from […]Cryptopolitan
Thu, Oct 3
XRP tanks 10% while Ripple CEO calls SEC’s appeal “Misguided and Irrational”
Ripple’s native crypto, XRP price dropped by a massive 10% as the US Securities and Exchange Commission (SEC) announced that is taking the legal battle to the 2nd U.S. Circuit Court of Appeals. The commission is appealing a July 2023 ruling that declared XRP sold by Ripple Labs is not a “security”. Brad Garlinghouse, Ripple […]Cryptopolitan
Thu, Oct 3
