Per onchain evidence, the culprit dubbed the “FTX drainer” shifted 5,000 ethereum valued at approximately $8 million, gauged by today’s exchange rates. This marked the first movement of the funds in nearly a year, with the malefactor channeling the ether into the decentralized finance (defi) platforms Railgun and Thorchain Router.
‘FTX Drainer’ Diverts $8M in Ethereum
Shortly after the…
US Representative Introduces Legislation to Mandate Reporting of Off-Chain Crypto Transactions to the CFTC – Regulation Bitcoin News
September 30, 2023
Virginia’s Democratic representative Don Beyer has ushered in a fresh bill mandating the documentation of off-chain transactions and over-the-counter (OTC) crypto engagements by cryptocurrency exchanges, to be catalogued in a repository under the purview of the U.S.
Bitcoin, Ethereum Technical Analysis: BTC Above $27,000, ETH Reaches 1-Month High – Market Updates Bitcoin News
September 29, 2023
Bitcoin continued to trade above the $27,000 level on Friday, after a surge beyond this point towards the end of yesterday’s session. Ethereum rallied to a one-week high.
Bitcoin
Bitcoin remained above the $27,000 level on Friday, following a late rise in bullish sentiment…
Biggest Movers: XRP Hits 1-Month High, SOL Back Above $20 – Market Updates Bitcoin News
September 29, 2023
XRP was one of Friday’s notable crypto gainers, rallying to a one-month high earlier in today’s session. Bullish sentiment returned to end the week, with the global market cap trading nearly 1.5% higher as of writing. Solana also surged, moving back above the $20.00 mark.
XRP
XRP, formerly ripple, was one of today’s biggest movers, climbing by as much as 5% earlier in the day.
Following a…
Binance Ending Operations in Russia — Crypto Exchange to Focus on 100+ Other Countries – Exchanges Bitcoin News
September 29, 2023
Crypto exchange Binance is closing down all exchange services and business lines in Russia. The company has entered into a sales agreement with Commex. A Binance executive explained that operating in Russia is not compatible with the company’s compliance strategy. “We…
Venezuelan Crypto Watchdog Sunacrip Extends Restructuring Period; Community Asks for Clarity – Bitcoin News
September 29, 2023
The Venezuelan government has officially announced the extension of the restructuring period for Sunacrip — the national cryptocurrency watchdog — by six months more due to the link of its former head with a corruption scheme. Asonacrip, a national crypto association, is…
MetaExpand Launchpad on LBank Ends with 52,186,338 USDT in Investment, Attracts Substantial Interest; UMM to be Listed on LBank – Press release Bitcoin News
September 29, 2023
PRESS RELEASE. LBank recently concluded its Launchpad for MetaExpand, securing a total investment of 52,186,338 USDT from 35,229 participants. $UMM will be listed on LBank and open for trading on September 29th at 6 AM(UTC).
This event was highly anticipated, following the immense success of the previous $PINS Launchpad, which garnered a substantial total investment of 51,556,343 USDT and…
Coinbase Launches Perpetual Futures Trading for Retail Crypto Traders Outside the US – Bitcoin News
September 29, 2023
Coinbase has received a regulatory stamp of approval to start offering perpetual futures trading to retail crypto traders outside the U.S., opening up access to the $5.5 trillion global derivatives market.
Coinbase Extends Perpetual Futures Trading to Retail Traders…
Ripple Retracts Acquisition Plans for Fortress Trust – Bitcoin News
September 29, 2023
Following the letter of intent to acquire Fortress Trust, Ripple CEO Brad Garlinghouse announced the company has decided “not to move forward with an outright acquisition.” Garlinghouse didn’t cite specific reasons for dropping the deal but said Ripple planned to…
Binance Advises Paysafe Users to Convert Euro Balances to Tether – Exchanges Bitcoin News
September 29, 2023
Crypto exchange Binance has issued a recommendation for customers using the services of Paysafe for euro (EUR) transfers. The crypto trading platform is advising users to convert their euro balances to tether (USDT) or withdraw them to bank accounts after the payment processor suspended deposits and withdrawals in the common European currency.
Binance Urges Traders to Take Action Amid Paysafe…
