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Owen Gunden, a prominent early Bitcoin investor, has sold his entire holdings worth $1.3 billion amid rising retail panic in the crypto market. Meanwhile, institutional ownership in spot Bitcoin ETFs has reached 40%, signaling confidence despite $2.8 billion in November outflows. Owen Gunden’s wallet transferred 2,499 BTC valued at $228 million to Kraken, completing sales […]
The Trails platform by Sequence addresses crypto’s fragmentation by enabling seamless, one-click payments across multiple blockchains, eliminating the need for users to manage wallets, tokens, or gas fees. This transaction orchestration tool simplifies interoperability for developers and users in the Ethereum ecosystem and beyond. Trails uses intent-based interoperability to unify balances and execute transactions automatically […]
Bitcoin futures traders have not capitulated despite significant market pressures, as open interest remains elevated compared to late 2024 levels, and long-term speculative interest continues to grow. While $840.4 million in BTC positions were liquidated over the past week, overall futures activity persists amid volatility. Bitcoin open interest dropped 28.6% from $94.12 billion in early […]
A WhatsApp worm is spreading in Brazil, infecting devices and deploying the Eternidade Stealer banking trojan to target cryptocurrency wallets like Binance and MetaMask, as well as major financial services. This malware uses IMAP for dynamic command-and-control updates, enabling rapid server rotation to evade detection. The worm hijacks WhatsApp contacts to propagate itself automatically. It […]
Native staking on the XRP Ledger (XRPL) could introduce reward mechanisms to enhance security and governance, but it raises challenges in maintaining decentralization and fair distribution. RippleX engineer J. Ayo Akinyele sparked debate by questioning its impact on network design and incentives for participants. XRP Ledger’s potential for native staking prompts discussions on reward fairness, […]
US spot Bitcoin ETFs recorded $75.4 million in net inflows on Wednesday, ending a five-day outflow streak amid Bitcoin’s recovery above $92,000, signaling potential stabilization in investor sentiment after significant November losses. BlackRock’s iShares Bitcoin Trust led inflows with $60.6 million, despite prior heavy outflows. Grayscale Bitcoin Mini Trust contributed $53.8 million, while Fidelity and […]
Standard Chartered is leveraging AI to consolidate operations, retiring dozens of legacy software applications and merging 55 IT incident-tracking systems into one unified platform, enhancing efficiency across global banking services. AI-driven consolidation reduces operational fragmentation by unifying 40 programs into a single super app for tasks like employee contracts and pension management. Standard Chartered’s digital […]
World Liberty Financial (WLFI) recovered 166.7 million tokens worth $22.1 million through an on-chain burn-and-reissue process after a pre-launch security breach compromised user wallets via phishing and leaked seed phrases. Verified users will receive reissued tokens soon, while unverified wallets remain frozen. WLFI froze 272 compromised wallets in September to prevent further losses. Attackers exploited […]
U.S. spot Bitcoin ETFs recorded $75.47 million in net inflows on November 19, ending a five-day outflow streak and signaling potential stabilization amid market retreat. Led by BlackRock’s IBIT with $60.61 million, this rebound contrasts recent record outflows and reflects cautious institutional repositioning. Bitcoin ETF inflows reached $75.47 million on November 19, snapping a five-day […]