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A US court yesterday (Thursday) sentenced Do Kwon, the co-founder of Terraform Labs, to 15 years in prison after he pleaded guilty to wire fraud and conspiracy to defraud investors. The collapse of Terraform Labs wiped out $40 billion in investorsā money.Another Crypto Mogul Goes to PrisonAccording ā¦
The following article is adapted from The Blockās newsletter,Ā The Daily, which comes out on weekday afternoons.Happy Wednesday! Bitcoin ETF inflows flipped positive on Tuesday, with $152 million added ahead of the Fed's rate decision this afternoon. However, analysts said traders remain firmly defenā¦
Cardano saw a significant 37,655% activity surge on the futures market as traders positioned ahead of one of the most consequential Federal Reserve decisions of the year.The Fed policy decision is awaited today, Dec. 10. Investors will look for clues as to the Fedās policy path at today's Fed meetinā¦
On-chain data shows the XRP whales have distributed a significant amount during the past week, a sign of negative sentiment among large holders.XRP Whales Have Shed 510 Million Tokens From Their HoldingsAs announced by analyst Ali Martinez in a new post on X, XRP whales have participated in a notablā¦
In a recent tweet, the Dogecoin team reacted to an adoption milestone for the first and largest meme cryptocurrency, Dogecoin .According to reports, Buenos Aires' "BA Cripto" policy package allows residents and businesses to settle city taxes and administrative fees using cryptocurrencies, includingā¦
Bitcoin held above $93,000 on Thursday as onchain data pointed to continued supply leaving centralized exchanges. Liquidations also eased sharply compared to the weekās earlier volatility.BRN Research analysts said Bitcoinās underlying structure has improved steadily despite muted spot momentum. Timā¦
Since the emergence of the first XRP ETF in November, the ecosystem has remained in the spotlight with strong daily inflows and surging trading activities.While the ecosystem has recorded another day of high combined trading volume amid surging institutional demands, Bitwise has taken the lead this ā¦
Institutional interest in XRP has reached a new high. The total value of XRP-based spot ETFs held by investors reportedly climbed to $844.99 million, marking an all-time high for the asset. With large institutional flows returning, the demand signals for XRP are becoming harder to ignoreāand chart sā¦
XRP has resumed its uptrend, showing a massive price resurgence. However, recent on-chain data showcased by popular crypto analyst Ali Martinez shows that XRP whales have dumped massive amounts of tokens in the last two days.Notably, the data shows that whales have sold about 150 million XRP, worth ā¦
According to market observers, this week could mark a turning point for XRP as five spot ETFs trade at the same time for the first full week. 21Sharesā XRP fund (TOXR) launched today, joining Bitwise, Grayscale, Franklin Templeton and Canary Capital. Reports have disclosed that ETF inflows have alreā¦
Yield-farming protocol Yearn Finance appears to have been targeted by an attack that drained millions of dollars worth of liquid staking tokens (LSTs) from its Yearn Ether (yETH) product, which aggregates popular LSTs into one token.Ā Blockchain data show the yETH pool was apparently drained through ā¦
Yet another long-dormant Ethereum whale has woken up from hibernation, according to data provided by Lookonchain.The wallet in question (0x2dCAā¦) is reportedly from an early Ethereum ICO.According to the data, the owner originally invested about $12,400 and obtained 40,000 ETH. Today, it is worth roā¦