New Bitcoin whales spark sell-side risk as unrealized gains hit $9B
Unrealized gains by whale speculators hit their highest levels on record last week, per data going back to 2016.
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Cronos confirms $9.2M slipped away before Tectonic exploit rollback
Cronos’s post-mortem put the Tectonic exploit’s affected borrowing at $120.4 million, with 7.6% transferred off-network before validators intervened.
Swiss stablecoin sandbox enters testing phase, adds two new partners
Financial market operator SIX and payment app TWINT have joined numerous banks in the sandbox seeking to develop a Swiss franc-based stablecoin.
Australia says it removed 45 crypto, remittance registrations over the past year
AUSTRAC said its yearlong sweep included canceled, suspended and unrenewed registrations, while its action against GetCoins helped disrupt organized investment scams.
Liquid ‘white hats’ return $270M in Bitcoin as network prepares restart
The actors returned 85% of the Bitcoin withdrawn from Liquid’s federation wallet following the security incident.
UK financial watchdog weighs lifting prediction markets ban: Report
Companies offering binary options for retail investors have been barred from selling, marketing and distributing products in the UK since 2019 following a directive from the FCA.
Ethereum Foundation names 2 ‘must ship’ EIPs for Hegotá upgrade
Ethereum’s Hegotá upgrade will center on FOCIL and Frame Transactions as developers weigh dozens of other proposed changes for inclusion.
Joe Biden’s son to launch memecoin, will send to TRUMP holders: WSJ
Hunter Biden will reportedly distribute 200 million of the LAPTOP token to his substack subscribers, members of a mailing list and investors in President Donald Trump’s memecoin.
Polish prosecutors charge suspect in Zondacrypto probe, seek pretrial detention
Polish prosecutors charged Romana Ż. with organized crime and misappropriation offenses involving $2.1 million in Zondacrypto user funds.
Bitcoin fund flows show investors trading Fed rate path, not exiting market: CoinShares
Bitcoin’s struggle to break $80,000 comes as markets price in a growing chance of a September rate hike, putting monetary conditions back in focus.
Capital B adds 376 Bitcoin in $29M purchase, boosting holdings to 3,521 BTC
Capital B’s latest Bitcoin purchase was its largest in nearly a year, pushing the French company ahead of H100 Group among publicly traded BTC holders.
Bitcoin chips away at weekend upside as $80K hangs in the balance
Bitcoin price fell 2% in low-liquidity conditions as the US Labor Day holiday saw $80,000 once again slip from bulls’ grasp.