The Justice Department’s Scam Center Strike Force, working with the Treasury Department, raided a fraudulent Chinese-language marketplace called Xinbi Guarantee and seized approximately $52 million in cryptocurrency in a single day, U.S. Attorney Jeanine Pirro announced this week. This operation brought the total that the Strike Force has retained since its inception to approximately $938 … Read more
Bitcoin Layer 2 network Liquid Network reported a security incident in which alleged white hat hackers withdrew approximately 4,000 BTC, worth $320 million, from Liquid Federation’s wallet. Blockstream attempts to contact the parties involved via a signed on-chain message. Network bug needs to be fixed first In an update, Liquid said the funds were withdrawn … Read more
Changpeng “CZ” Zhao made headlines earlier this week after saying that Bitcoin (BTC) would hit $1 million and that the climb would not take 25 years. “I think Bitcoin hitting $1,000,000 would be a good thing. And it will happen,” former Binance CEO said on the conference’s Nakamoto stage, in a video clip published by … Read more
US Bitcoin and Ethereum spot ETFs attracted a total of $825.8 million in inflows in a single session, giving crypto markets another strong signal that regulated demand has returned alongside the latest price rally. Data from Farside Investors showed that spot Bitcoin ETFs brought in $606.3 million for the Aug. 20 session, led by BlackRock’s … Read more
U.S. spot Bitcoin ETFs saw $517.2 million in net inflows for the Aug. 19 session, giving the market its largest daily inflow in about three and a half months. Data from Farside Investors showed BlackRock’s IBIT led the session with $284.7 million in inflows. Spot Ethereum ETFs also remained positive, adding $17.7 million in net … Read more
U.S.-listed spot Ethereum exchange-traded funds (ETFs) recorded $70.62 million in net outflows on Friday, ending a five-day inflow streak. Ethereum funds saw net inflows of $211.25 million over the previous five sessions, from July 17 through Thursday, according to SoSoValue. data. They still recorded $103.9 million in net revenue for the week ended Friday. Despite … Read more