The 11 spot bitcoin ETFs closed the day in the red zone as seven funds lost a collective $258 million to outflows.
The trading day ended with the spot bitcoin ETFs recording a net outflow of $226 million as inflows from Blackrock’s IBIT were not enough to offset the outflows from other funds.
Blackrock’s IBIT…
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Key Takeaways:
Hyperliquid faced record $256 million outflows amid concerns about North Korean hackers trading on its platform.
Security expert Tay Monahan revealed DPRK-linked activity since October, sparking fears over system integrity despite Hyperliquid's denial of exploits.
Withdrawals caused a sharp drop in Total Value Locked and HYPE token price, highlighting DeFi platforms' vulnerability to…
MicroStrategy proposes major share increase to fund Bitcoin purchases as part of its $42 billion “21/21” capital plan.
Speculation mounts over a possible presidential pardon for Sam Bankman-Fried as his legal troubles and political ties spark debate.
Key Takeaways
Metaplanet has acquired 620 bitcoin for $24 million, expanding its holdings to 1,762 BTC.
The company’s strategy to buy bitcoin during market dips reflects a broader trend of institutional adoption.
As more firms adopt cryptocurrency, Metaplanet’s growing bitcoin reserves position it as a significant player in the digital asset market.
Japanese investment firm…
Trump announces new Digital Assets Council, appointing Bo Hines and David Sacks to lead U.S. blockchain and crypto innovation efforts.
Crypto Investors Pursue Legal Action Over NFT and Token Losses
In a developing story highlighting the volatile and often unregulated cryptocurrency landscape, Burwick Law, develops concerns over crypto investors. A New York-based legal firm specializing in digital asset and consumer protection litigation, is assisting investors who claim to have lost significant sums in NFT and…
Delaware, USA (December 00, 2024) — iDenfy, a leading global RegTech company has announced its achievement of SOC II certification following the submission of an independent auditor’s report.
The newly acquired SOC certification tallys with the opening of Idenfy’s new office in Delaware highlighting a significant milestone in the company’s effort to expand its reach in the…
EARN’M and StormX announce the world’s first Initial Merge Offering (IMO), aiming to consolidate Web3 rewards and loyalty platforms.
The 11-spot Bitcoin Exchange Traded Funds (ETF) witnessed a blood bath yesterday recording over $671 million in outflows. This follows a general downturn in the market which saw Bitcoin drop from above $100,000 for the first time this week.
At the time of the report, Bitcoin is exchanging hands for $95,430 a 12% drop from…
