Arkham Tracks 66 CoinJoin Transactions Linked to Bitget Exchange Hacker Since Nov. 6
TLDR Arkham says the Bitget hacker sent 847.26 BTC, worth $63.43 million, into CoinJoin since Nov. 6. That amount made up about 80.5% of the 1,052.34 BTC that left the hacker’s wallets over six days. About 959.29 BTC, worth $71.44 million, still sits in…
Crypto Market Maker Wintermute Nets $227 Million on Hyperliquid, Holds $72 Million in Shorts
According to Onchain Lens, crypto market maker Wintermute has recorded approximately $227 million in...
Bitcoin ETFs Bleed $1.4B in Five Days as Investors Cut Risk
U.S. spot Bitcoin exchange-traded funds have recorded five consecutive days of net outflows, as investors retreat from risk assets after a turbulent week for markets. The funds lost some $1.44 billion between November 5 and November 11, including $299.9…
BitGo Extends Custody Approval Rules to Binance, Bybit and Deribit Transfers
TLDR BitGo added Binance, Bybit, Bitstamp and Deribit to its institutional service, BitGo Link. BitGo Link now connects to 10 exchange brands, up from six. Transfers through Link follow the same approval rules as BitGo custody wallets. Only eligible…
Fake Job Interview Helped Open the Door to $6.3 Billion Binance Hack
TLDR Binance says a fake job interview was one entry point in its $6.3 billion October hack. A Binance engineer downloaded a malicious coding test onto his work computer in September. Security chief Jimmy Su described this exact risk to Cointelegraph in…
Tether (USDT) Price Shadowed by Record $6.6B Supply Drop, Twice the FTX Decline
TLDR Tether (USDT) market cap fell $6.6 billion in the 60 days ending November 7, according to CryptoQuant. This is the largest drop since CryptoQuant began tracking the metric in 2022, more than double the $3.2 billion FTX-era decline. Total stablecoin…
Polymarket Says Viral Contractor-Cut Email Is Real, Won’t Say How Many Jobs Went
The prediction market reportedly says the cuts came out of a reorganization under new executives but has not said how many people lost their jobs. The post Polymarket Says Viral Contractor-Cut Email Is Real, Won’t Say How Many Jobs Went appeared first on…
Ethereum Draws Wall Street Attention As BlackRock And JPMorgan Join London Forum
Ethereum is attracting renewed attention from some of Wall Street’s largest financial institutions as BlackRock, JPMorgan, and other major firms participate in a high-profile institutional forum in London today. The event places Ethereum’s expanding role…
Tron, Tether and Chainalysis form new alliance to tackle AI-powered crypto crime
The trio launched a joint initiative called the "Digital Crime Task Force" to combat illicit crypto activities.
Tron and Tether bring in Chainalysis after T3 crime unit folds
The group will focus on illicit USDT activity on Tron and help law enforcement investigate suspicious transfers and freeze funds faster.