Hacker behind WazirX breach launders $6.5M in ETH via Tornado Cash. The wallet still holds 61.1 ETH ($152,700). North Korean Lazarus Group suspected in the $235M breach. Highlights ongoing crypto vulnerabilities and need for heightened security.
John Deaton, a pro-$XRP lawyer and Marine Corps veteran, challenges Senator Elizabeth Warren in the Massachusetts primary. Deaton has raised over $2.5M, including $1M each from Ripple and the Winklevoss twins. Polymarket data suggests a 98% chance for Democrats in November.
Binance adds $TON to Simple Earn-locked products with APR rates up to 5.9%. Subscription from Sep 3-23, first-come, first-served. $TON price rises 1% to $5.24 despite @telegram’s legal issues.
BlueSky gains 1M users in 3 days after Brazil bans X (formerly Twitter). The surge follows the Supreme Court’s decision due to X’s non-compliance and office closure. BlueSky, launched by ex-Twitter CEO Jack Dorsey, emphasizes user control and data privacy.
Ripple’s $XRP Ledger to integrate smart contracts and new Layer-1 features for NFTs, AMMs, and DEXs. Partnership with @Futureverse enhances security with Ripple Custody, aiming to boost institutional adoption in the blockchain space.
Bitcoin ($BTC) shows high volatility at $58,500. Historically weak in September, recent trends and a potential US Fed rate cut suggest a possible rally. Increased whale activity signals investor interest. Keep an eye on key price levels.
Crypto ETFs dominate U.S. market in 2024, comprising over half of new ETF launches. Spot Bitcoin ETFs lead with $2B YTD flows. Notable funds include Franklin Templeton’s $EZBC and Fidelity’s $FETH. $IBIT sees $210M inflows amid market outflows.
A whale moved 292.97B $PEPE ($2.17M) and 273K $WLD ($391K) from Binance, boosting market sentiment. $PEPE rose 1.9% in 24 hours, signaling potential bullish trends for both $PEPE and $WLD. Market interest may grow.
Blockchain and AI projects raised $821M in August, with $80M led by Story Protocol and $640M for AI startup Groq, now valued at $2.8B. Binance Labs was the most active investor, backing 11 startups.
SEC warns FTX against repaying creditors in cryptocurrencies, citing legality concerns. Coinbase’s Chief Legal Officer criticizes the lack of clear guidelines. FTX plans to distribute $14B-$16B to creditors despite regulatory hurdles. Clear guidelines needed.
Ukrainian entrepreneur loses $250K in $USDT to scammers posing as police. The culprits accused the victim of treason and coerced a transfer. Ukrainian authorities arrested the fraudsters, seizing luxury assets and fake IDs.
Crypto funds saw $305M in outflows, led by $BTC with $319M. US-based funds faced $318M in withdrawals, while $ETH outflows hit $5.7M. However, blockchain equities and Bitcoin miner products gained $11M, showing selective investor interest.
Cardano ($ADA) transforms into a governance token post-Chang hard fork, introducing CIP-1694 to enhance on-chain governance. A temporary committee will oversee governance for 90 days, marking the start of the Voltaire era towards full decentralization.
Ripple ($XRP) to pay $125M to the SEC this week, while nearly 1B XRP moved by whales sparks market concerns. XRP price dips 1.5% to $0.5503 amidst selling pressure. Ripple locks 800M XRP in escrow.
