Crypto News Center

Ethereum Spot ETF Sees $98M Inflow Amid Bullish Market Moves

On August 6th, the Ethereum spot ETF witnessed an impressive net inflow of $98.30 million, signaling a robust confidence in $ETH among investors. The Grayscale ETF ETHE saw an outflow of $39.73 million, suggesting some sell-offs in the market. However, the BlackRock ETF ETHA attracted a significant inflow of $110 million, showcasing bullish sentiment. Additionally, the Fidelity ETF FETH contributed an inflow of $22.49 million, further boosting the overall inflow....

$307 Million Worth of Solana (SOL) Moves to CEXs, What’s Next?

In the recent market downturn, traders and investors have liquidated over $1.08 billion worth of long and short positions within the last 24 hours, triggering widespread fear across the cryptocurrency landscape. With the crypto world on edge, everyone is scrambling to understand the implications of this massive sell-off and what it means for the future of their portfolios. Major SOL Transfers Raise Alarms Amid this fear, investors and whales have...

Binance Helps FBI Recover Funds in ‘Pig Butchering’ Scams

Pig butchering or slaughtering has become a popular scam method utilized by hackers within the crypto ecosystem. Cryptocurrency exchange Binance announced that it supported the Federal Bureau of Investigation (FBI) in San Diego to investigate a “pig butchering” scam. Binance Role in Busting the Pig Butchering Scam According to Binance, its Investigations and Case teams participated in the investigation, analysis and seizure of the scam. At the end of the...

WazirX hackers prepped 8 days before attack, swindlers fake fiat for USDT: Asia Express

A major Indian crypto exchange lost $235 million to a “force majeure” hack, Hong Kong fraudsters are tricking USDT holders with counterfeit cash and more! by Yohan Yun 6 min July 18, 2024 Share Share Share Share WazirX hackers were preparing 8 days before the $235M theft The hackers behind the $235 million WazirX crypto exchange breach began preparing onchain at least eight days prior, according to Polygon Labs’s security...

Centralized exchanges receive over 50% of illicit crypto funds: Chainalysis report

Study reveals concentration of illicit crypto flows to few exchanges, highlighting money laundering trends. Key Takeaways Over 50% of illicit crypto funds end up at centralized exchanges, directly or indirectly. Stablecoins represent a growing portion of illicit funds in intermediary wallets. Over 50% of illicit crypto funds end up at centralized exchanges, either directly or after obfuscation, according to the “Money Laundering and Cryptocurrency” report by Chainalysis. The report highlights...

Did Hawk Tuah Crypto Debacle Eclipse Bitcoin's $100K Moment?

BTC's big milestone captured global headlines. So why were my friends more interested in Hawk Tuah coin? Updated Dec 6, 2024, 6:07 p.m. UTC Published Dec 6, 2024, 6:01 p.m. UTC One bitcoin is worth $100,000 — a milestone that has crypto OGs in a tizzy. Donald Trump is selling DOGE T-shirts. It's a frenetic time for crypto. But what are my non-crypto friends texting me about? "Hawk Tuah" coin....

Crypto Growth Secrets: 5 Coins for High Returns in 2024

The crypto market is buzzing with action as we move into 2024. Bitcoin’s price keeps flirting with new highs, Ethereum’s updates promise to reshape decentralised finance, and rising stars like Qubetics ($TICS) are turning heads with their unique offerings and explosive growth potential. While volatility is the name of the game, it’s also what makes crypto such an exciting space for high-return investments. Among the standout players, Qubetics is making...

AUD/USD plummets to fresh four-month lows below 0.6400

The US Dollar strengthened ahead of the weekly close on the back of mixed data. The Reserve Bank of Australia will announce its decision on monetary policy next week. AUD/USD fell to its lowest since August, maintaining the bearish pressure. The US Dollar (USD) soared in the last trading session of the week, with the AUD/USD pair falling towards 0.6380, a level last seen in August. Without data releases in...

Trump expected to name new SEC chair “as soon as tomorrow”

Paul Atkins leads the betting odds with a 70% likelihood of taking the SEC chair position. Photo: Al Drago / Bloomberg Key Takeaways Paul Atkins is the leading candidate for the new SEC Chair position with a 70% probability. Current SEC Chair, Gary Gensler, has focused on increased crypto oversight. President-elect Donald Trump’s transition team is weighing in on a number of SEC Chair candidates and may reveal their choice...

Yen snaps five-day gain, weakens versus dollar in choppy trading

The currency then clawed back much of the intraday loss amid choppy trading and was down 0.6% at 145.02 as of 9:58 a.m. in Tokyo. By Bloomberg  August 6, 2024, 7:57:11 AM IST (Published) The yen weakened more than 1% against the dollar on Tuesday morning, halting a five-day surge that gathered pace when the Bank of Japan hiked interest rates last week. Top Gainers Top Losers Most Active Price...