Category: crypto

Bitcoin spot ETFs in the U.S. saw $558M in outflows on November 7, one of the largest single-day withdrawals since the funds launched. Fidelity’s FBTC and BlackRock’s IBIT led the outflows. On the same day, Solana ETFs had $12.7M in inflows, extending their streak to nine days. Total net inflows across all Bitcoin ETFs stand…

Privacy coins like Zcash surged to multi-year highs, with a 15x rally since September. Altcoins outperformed Bitcoin, as momentum shifted away from Bitcoin dominance. GTA 6’s delay led to a 10% drop in Take-Two Interactive shares. Institutional selling and options expirations added pressure to Bitcoin’s volatility. Kazakhstan plans to launch a $1 billion national crypto…

Elixir has decided to retire its stablecoin deUSD after Stream Finance borrowed the token to stabilize its own stablecoin, resulting in a $93 million asset loss. Elixir has halted minting and redemptions of deUSD, compensating 80% of holders. Stream Finance owes Elixir $68 million, leading to the stablecoin’s devaluation.

The Ethereum treasury company SharpLink Gaming transferred over $14 million worth of ETH to OKX ahead of its earnings call. The move is significant as it may indicate a restructuring of their treasury allocation or preparation for selling. This has impacted the company’s shares, which have fallen over 12% in recent sessions.

DeAgentAI’s price has surged by 900% to $15.16 following a partnership with Pieverse. The integration allows autonomous agents to automate and verify on-chain invoices, with the AIA token serving as a settlement medium. A retracement to $6.5-$9.8 is expected after reaching a new all-time high, driven by profit-taking.

Centralized exchanges have seen a $10 billion increase in stablecoin reserves within the past month, reaching $73.13 billion. This rise is seen as a short-term bearish signal but could also indicate a buildup of sidelined buying power that could trigger the next crypto rally if market sentiment improves.

Art Basel introduces Zero 10, a new digital art platform featuring 12 international exhibitors like Asprey Studio and Beeple Studio. Supported by OpenSea, it aims to expand the digital art ecosystem. Zero 10 will debut at Art Basel Miami Beach 2025 and subsequently at global art fairs, reflecting the growing interest in digital art collecting.

LeverUp, a LP-free decentralized perpetuals exchange on Monad, offers zero-fee trading with leverage up to 1001x. Traders pay no net fees as all fees are redistributed, uncapped market depth allows for any size positions, and trades are fully verifiable on-chain. LVUSD stablecoin provides efficient settlement.

Ireland’s central bank fined Coinbase Europe €21.5 million for failing to monitor over 30 million transactions, including some linked to criminal activities. Coinbase attributed the issue to coding errors, which have since been fixed. The fine was reduced from €30.7 million through a settlement discount, taking into account Coinbase’s revenue.

Cybercriminals are using large language models (LLMs) to enhance malware, allowing it to rewrite itself in real time and target high-value assets like cryptocurrency. Google’s Threat Intelligence Group identified 5 AI-enabled malware families that dynamically query LLMs to modify or create code, with some groups exploiting AI for crypto theft. Google has taken steps to…