Number of Large Bitcoin Investors Surge to Multi-Month Highs: Do They Know Something? – AabeyLLC Crypto
With stablecoin utility becoming a priority across the industry, EMCD now joins the ranks of leading companies bringing seamless crypto payments to everyday users through its global Payment Card. Yet, EMCD’s launch of its global USDT Payment Card, in partnership with KazeFi, represents a crucial step in dissolving the friction between digital assets and the…
In brief Bank of England Deputy Governor Sarah Breeden said that the UK’s new stablecoin rules will be operational “just as quickly as the U.S.” The central bank will unveil its proposed regime on Monday, with temporary caps of $26,087 (£20,000) for individuals and $13 million (£10 million) for businesses. Industry critics have previously warned…
SwissBorg has confirmed a serious breach that led to the loss of around $41 million worth of Solana. The issue came from its SOL Earn product, where users lock up their SOL to earn rewards. The funds were taken from the platform through a compromised API tied to a third-party staking provider. SwissBorg says about…
David Carmona was the “mastermind” behind IcomTech’s “Ponzi scheme,” which netted an estimated $8.4 million from victims. David Carmona, the founder of the cryptocurrency “Ponzi” scheme IcomTech, has been handed a 10-year prison sentence for conspiracy to commit wire fraud. Carmona was the “mastermind” behind IcomTech, which “preyed upon working-class people by promising them complete…
Spot Bitcoin exchange-traded funds (ETFs) in the US witnessed a significant inflow of $555.8 million on Monday, marking the largest daily inflow since June 4. US Spot Bitcoin ETFs See $555 Million Net Inflows, Biggest Increase Since June According to SoSoValue data, ten out of twelve spot Bitcoin ETFs reported net inflows and no outflows….
Institutional investors own a fifth of all Spot Bitcoin ETF shares, with holdings including 193,000 BTC valued at around US$13 billion. BlackRock’s IBIT holds the most BTC among funds, although ARK 21Shares Bitcoin ETF leads with 32.79% institutional ownership. A total of 1,179 institutions now own Bitcoin via an ETF, with major stakeholders like Goldman…