Ethereum ETFs show mixed signals as ETHE reports $31M outflow
Crypto investments remain volatile as Ethereum ETF flows turn negative, highlighting the market’s rapid evolution.
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South African asset manager denies stealing billions from users, claims $5M was lost in hack
AfriCrypt’s founders deny running off with billions in customers funds, asserting they went into hiding after receiving death threats from “dangerous people.” 726 Total views 4 Total shares Raees Cajee, the co-founder of South African crypto investment platform AfriCrypt, has denied claims that he and his brother ran off with billions in investor funds, asserting…
Hot crypto game Off The Grid is plagued by cheaters: Web3 Gamer
Frustrated users claim Off The Grid is becoming “unplayable” due to cheating, with some warning it “will die” if the problem isn’t fixed.
Top 5 cryptocurrencies to watch this week: BTC, LEO, MANA, KLAY, XTZ
Russia’s massive build-up of soldiers, warplanes, equipment and extended military drills near Ukraine’s borders increased fears of a possible invasion within the next few days. That could have renewed selling in Bitcoin (BTC), which plummeted below the strong support at $39,600.Among the gloom and doom, there is a ray of hope for crypto investors because…
US Treasury plans to ask public if crypto-related regulations are ‘no longer fit for purpose’
The public has until Nov. 3 to submit comments on the Treasury addressing ransomware attacks, the illicit finance risks of cryptocurrency mixers and DeFi, and coordinating AML/CFT policy. 574 Total views 6 Total shares The United States Department of the Treasury will be calling for comments from the public on digital assets, including their views…
Solana sandwich bot makes $30M from MEV arbitrage in 2 months
MRGN Research’s Ben Coverston says the Solana-based MEV bot has made an active effort to date to keep a low profile.
Founder of Mt. Gox Bitcoin Exchange Mark Karpeles Disputes Lawsuit Filed in Illinois
The founder of now-defunct Bitcoin (BTC) exchange Mt. Gox Mark Karpeles has filed a motion to dismiss a legal case filed against him in Illinois, according to a report by Financefeeds August 25. The class action in question was originally filed in Illinois by Gregory Greene and Anthony Motto, two former clients of Mt. Gox…
Crypto hacks down by 54.2% in June, $176M lost in a month
In 2024, May was the biggest month in terms of crypto losses and suffered nearly $385 million in net losses from crypto hacks.
Binance tight-lipped on projects funded by $1B crypto recovery fund
Binance-initiated IRI fund has only spent some 2.7% of the total of $1.1 billion committed to saving crypto in the aftermath of the FTX collapse, and has still not explained which entities benefited. 327 Total views 12 Total shares Binance-spearheaded Industry Recovery Initiative (IRI), a co-investment project aiming to support the cryptocurrency industry in the