Bitcoin struggled to maintain $40,000 amid Grayscale's $700 million outflows. Challenges arose from GBTC's transition to a spot Bitcoin ETF, triggering significant BTC sales. Despite concerns, the market showed resilience, with uncertain future trajectories and growing interest at lower price levels.
BerniceThis week witnessed substantial net outflows from crypto investment products, notably from GBTC and BITO, as institutional investors shifted attention to newly approved U.S. spot bitcoin ETFs. Despite a decline in volume after the impressive debut, experts anticipate a clearer view of trading activity in the coming days. The $10 billion trading volume in the first three days indicates significant market interest and surpasses the combined activity of numerous ETFs launched in 2023.
Cheng YuanAurory Game Suffers $830K Token Theft, Disables Key Bridge
BerniceBandai Namco suspends downloads of Gundam Metaverse due to speculations about leaked design files for anticipated Gundam models. The company cites temporary inconvenience and promises updates on resuming downloads.
SanyaTelegram bot Maestro, known for providing crypto trading tools for traders directly on Telegram has been compromised with more than $500k stolen
AaronCrypto payments processor Alphapo’s hot wallets have been drained for at least $23 million on Ethereum, Tron and Bitcoin, according to ZachXBT. Alphapo customer HypeDrop has disabled withdrawals.
TheBlockTwitter will need additional licenses in each state to operate fully across the United States.
Coinlive New Glassnode Insights help us explain what was one of the craziest week's of the year in crypto.
CryptoSlateThis marks the largest exit scam on Arbitrum in 2023.
cryptopotatoMultiple crypto investment firms received a “warning” label on lending protocol Clearpool for draining almost the maximum amount of credit from their credit pools.
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