FTX and Alameda wallets transferred approximately $10.2 million in 13 tokens to market makers and CEXs in the past 5 days
According to Spot On Chain monitoring, FTX and Alameda wallets have transferred approximately $10.2 million in 13 tokens to market makers and CEXs in the past 5 days, including: 2,148 ETH ($5.27M) to Wintermute and FalconX after market rally 500,000 TON ($1.04 million) to Wintermute 54,811 CREAM ($874,000) to Binance and $1.98 million in 10 other assets such as $LQTY, $LEO, $CONV, $AKRO, and $PSTAKE, among others. Since October 24, 2023, FTX and Alameda have sold 116 assets worth approximatel...
FTX and Alameda wallets transferred approximately $10.2 million in 13 tokens to market makers and CEXs in the past 5 days
According to Spot On Chain monitoring, FTX and Alameda wallets have transferred approximately $10.2 million in 13 tokens to market makers and CEXs in the past 5 days, including: 2,148 ETH ($5.27M) to Wintermute and FalconX after market rally 500,000 TON ($1.04 million) to Wintermute 54,811 CREAM ($874,000) to Binance and $1.98 million in 10 other assets such as $LQTY, $LEO, $CONV, $AKRO, and $PSTAKE, among others. Since October 24, 2023, FTX and Alameda have sold 116 assets worth approximatel...
Hong Kong Securities and Futures Commission and police warn the public to beware of MEXC’s suspected virtual asset-related fraud
Hong Kong's Securities and Futures Commission and police today warned the public to beware of suspected fraud involving an entity claiming to be a virtual asset trading platform. The entity in question operates under the name "MEXC". MEXC is suspected of luring victims to join chat groups on social media or instant messaging software under the guise of providing free investment advice. Within these chat groups, victims interested in purchasing cryptocurrency were referred to websites ope...
Hong Kong Securities and Futures Commission and police warn the public to beware of MEXC’s suspected virtual asset-related fraud
Hong Kong's Securities and Futures Commission and police today warned the public to beware of suspected fraud involving an entity claiming to be a virtual asset trading platform. The entity in question operates under the name "MEXC". MEXC is suspected of luring victims to join chat groups on social media or instant messaging software under the guise of providing free investment advice. Within these chat groups, victims interested in purchasing cryptocurrency were referred to websites ope...
U.S. Treasury Secretary Yellen: Treasury could use more powers to crack down on terrorist groups’ use of cryptocurrencies
U.S. Treasury Secretary Janet Yellen said at a Senate Banking Committee hearing on Thursday that the Treasury Department could use more powers to combat the use of cryptocurrencies by terrorist groups. "We do have a lot of authority to take action, but we have identified some of the loopholes and made a series of recommendations on how to strengthen Treasury's authority," Yellen said. Senator Mark Warner asked Yellen if she thought the Terrorist Financing Prevention Act was necessary, an...
U.S. Treasury Secretary Yellen: Treasury could use more powers to crack down on terrorist groups’ use of cryptocurrencies
U.S. Treasury Secretary Janet Yellen said at a Senate Banking Committee hearing on Thursday that the Treasury Department could use more powers to combat the use of cryptocurrencies by terrorist groups. "We do have a lot of authority to take action, but we have identified some of the loopholes and made a series of recommendations on how to strengthen Treasury's authority," Yellen said. Senator Mark Warner asked Yellen if she thought the Terrorist Financing Prevention Act was necessary, an...
DEX aggregator Flood completes $5.2 million in seed round financing, co-led by Bain Capital Crypto and Archetype
Bain Capital Crypto and Archetype co-led a $5.2 million seed round in Flood, an Ethereum ecosystem-focused decentralized exchange aggregator. Flood features its optimal path model, which aims to complete transactions at the best price. Flood currently runs on Arbitrum One, with plans to expand to Ethereum, Base, and Optimism in the coming months. The round also attracted participation from Robot Ventures. Flood currently has six employees, and as the new funding becomes available, the project...
DEX aggregator Flood completes $5.2 million in seed round financing, co-led by Bain Capital Crypto and Archetype
Bain Capital Crypto and Archetype co-led a $5.2 million seed round in Flood, an Ethereum ecosystem-focused decentralized exchange aggregator. Flood features its optimal path model, which aims to complete transactions at the best price. Flood currently runs on Arbitrum One, with plans to expand to Ethereum, Base, and Optimism in the coming months. The round also attracted participation from Robot Ventures. Flood currently has six employees, and as the new funding becomes available, the project...
Bank for International Settlements expresses concerns about Metaverse’s future, advocates for strong public policy framework
The Bank for International Settlements (BIS) has issued a stark warning about the potential for fragmentation and the risks of private company dominance in the emerging virtual universe, emphasizing the key role of public policy in safeguarding the future of this digital ecosystem. In a comprehensive report released on February 7, the regulator highlighted that without strategic oversight to ensure fair access, data privacy and strong consumer protections, the Metaverse is jeopardizing econom...
Bank for International Settlements expresses concerns about Metaverse’s future, advocates for strong public policy framework
The Bank for International Settlements (BIS) has issued a stark warning about the potential for fragmentation and the risks of private company dominance in the emerging virtual universe, emphasizing the key role of public policy in safeguarding the future of this digital ecosystem. In a comprehensive report released on February 7, the regulator highlighted that without strategic oversight to ensure fair access, data privacy and strong consumer protections, the Metaverse is jeopardizing econom...
