Palestinian militant organizations, including a Hamas-linked Islamist group, have been using a Moscow-based crypto exchange to transfer millions, a press report revealed. The U.S.-sanctioned platform, which allows customers to convert Russian cash to crypto and then withdraw fiat abroad, has been also serving criminal gangs and rich Russians, sources claim. Russian Exchange Allegedly Transfers Millions […]
Biggest Movers: MATIC Moves to Highest Point Since August
Polygon surged to its strongest level since the end of August, as the token extended recent gains. The rally comes despite cryptocurrencies mostly consolidating on Wednesday, following recent declines. XRP was another notable gainer today. Polygon (MATIC) Polygon (MATIC) rose for a back-to-back session on Wednesday, hitting a multi-week high in the process. MATIC/USD moved […]
Grayscale Moves to Convert Ethereum Trust to Spot ETF Amid Surge in ETH Futures ETF Launches
Grayscale Investments, the largest digital asset fund manager by assets under management (AUM), has filed to convert its Ethereum Trust into a spot ether exchange-traded fund (ETF). The news follows ether futures ETFs from Vaneck, Bitwise, and Proshares launching on Monday. Grayscale’s Ethereum Trust on Path to Become Spot Ether ETF On October 2, 2023, […]
‘FTX Drainer’ Resurfaces: Moves $8M ETH to Defi Platforms
Per onchain evidence, the culprit dubbed the “FTX drainer” shifted 5,000 ethereum valued at approximately $ 8 million, gauged by today’s exchange rates. This marked the first movement of the funds in nearly a year, with the malefactor channeling the ether into the decentralized finance (defi) platforms Railgun and Thorchain Router. ‘FTX Drainer’ Diverts …
Bitcoin, Ethereum Technical Analysis: ETH Moves to 1-Week High, as BTC Consolidates Recent Gains
Ethereum climbed to a fresh one-week high on Thursday, as bulls kept price above a key resistance level. The move comes despite cryptocurrencies mostly consolidating in today’s session, following Wednesday’s rally. Bitcoin was marginally lower, retreating from recent gains. Bitcoin Bitcoin edged marginally lower on Thursday, as crypto markets consolidated, following strong gains the day […]