The U.S. Securities and Exchange Commission sued Virtu Financial, a broker-dealer, for misleading customers into believing it properly safeguarded their confidential information.
https://www.reuters.com/legal/sec-sues-virtu-financial-failing-safeguard-customer-information-2023-09-12/
The Court entered an agreed order between the Debtors, the Committee, and the U.S. Attorney’s Office for the SDNY which stayed the trial on the equitable subordination of Mr. Mashinsky and other of Celsius’ former executive’s claims while Mr. Mashinsky’s criminal trial proceeds.
https://x.com/celsiusucc/status/1701651341314253036
Judge denies SBF's motion for release from custody.
https://www.coindesk.com/policy/2023/09/12/us-judge-denies-sam-bankman-frieds-bid-for-release-from-jail-ahead-of-trial/
SEC Chair Gary Gensler says crypto is full of fraud, abuse and misconduct.
https://x.com/watcherguru/status/1701609274278080516
Ankr has supported Tencent Cloud to launch its first Web3-native product, Tencent Cloud Blockchain RPC.
https://x.com/ankr/status/1701550407108252158
💧 Top Derivative Protocols with Potential Airdrop
👉https://dropstab.com/insights/latest-fundraising-rounds
The plan to launch FTX 2.0 is expected to be approved in the second quarter of 2024.
https://drive.google.com/file/d/1Y4jMmyEQq-qOoHL2blXhVjRMMi06X9HB/view?pli=1
There's a new article out by Arthur Hayes, "Are We There Yet?"
https://cryptohayes.substack.com/p/are-we-there-yet
Grayscale transferred 620,000 ETH ($962 million) to 74 new custody addresses.
https://x.com/embercn/status/1701415632053657972
Coinbase Prime launches a Web3 wallet for institutional and corporate clients.
Leveraging MPC technology for a non-custodial wallet, clients can now:
▫️Store any token from supported networks, including assets not yet available on Prime Custody
▫️Gain instant access to funds
▫️Interact directly with dapps and smart contracts
▫️Tap into decentralized liquidity to trade a large range of assets
▫️Vote on DAO governance
▫️Lend assets or stake with direct access to DeFi
▫️Buy, sell, mint, and manage NFT collections
▫️Manage web3 social accounts
https://www.coinbase.com/blog/coinbase-prime-launches-web3-wallet
SEC Chair Gary Gensler appears persistent in arguing that crypto has to abide by the same laws as other securities like stocks.
https://www.theblock.co/post/250344/sec-chair-gensler-stays-the-course-in-push-for-crypto-compliance-ahead-of-tuesday-hearing
Justin Sun is considering acquiring FTX's holding tokens and assets to reduce their selling impact on the crypto community.
On Sept. 13, FTX can start selling $3.4 billion worth of tokens, at $200 million a week.
https://x.com/justinsuntron/status/1701265627741335573
According to new data, FTX owns $7 billion in assets, including $1.16 billion in SOL and other crypto assets; It also has $200 million worth of real estate in the Bahamas.
https://www.coindesk.com/policy/2023/09/11/ftx-holds-116b-in-sol-200m-in-bahamas-real-estate-court-filing-says/
Crypto exchange BitTrade announced that it will be the first to list EOS in Japan on September 13th.
https://bittrade.zendesk.com/hc/ja/articles/22582127451417
Sushi is expanding to Aptos.
This integration is a milestone as it marks Sushi's first expansion onto a non-EVM chain.
https://www.sushi.com/blog/sushi-expands-to-aptos-1
Web3 venture firm Electric Capital is raising $300 million for its third fund.
https://www.theblock.co/post/250606/crypto-vc-electric-capital-aims-to-raise-300-million-for-new-fund
Crypto exchange Bullish and Tribe Capital are among the bidders interested in acquiring the defunct trading platform FTX.
Bullish aims to tap into FTX’s customer base.
https://www.theblock.co/post/250492/crypto-exchange-bullish-among-bidders-for-bankrupt-ftx
CoinEx was hacked for more than $27.8M.
https://x.com/wublockchain/status/1701620059809120508
Franklin Templeton filed paperwork with the SEC for a spot bitcoin exchange-traded fund.
https://www.wsj.com/livecoverage/stock-market-today-dow-jones-09-12-2023/card/franklin-templeton-files-for-spot-bitcoin-etf-yowODPFSnwvAPkptfIhp
The BTC price increased by 4% to $26,120 in the past 12 hours.
During this time, $54 million worth of short positions were liquidated.
https://www.coinglass.com/LiquidationData
Binance suspended futures trading due to technical issues.
The issue affecting USDT-Margined futures has been resolved and trading has been resumed.
https://twitter.com/binance/status/1701516737563558109
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.03T. Bitcoin is trading at $25.7K
dropstab | icodrops | twitter | telegram
Bitget has unveiled its EmpowerX Fund, a $100 million fund to invest in exchanges, data analytics and media.
https://www.theblock.co/post/250146/bitget-fund-invest-exchanges-analytics-media
The reason for hacking Buterin's account was SIM swap.
Vitalik started writing on Farcaster.
https://warpcast.com/vitalik.eth/0x8ea2d0
Banana Gun stated that the contract will be restarted after the vulnerability is fixed, all traders who lost money will be reimbursed for damages.
https://x.com/bananagunbot/status/1701364870615093289
PayPal launches Off Ramps, a cryptocurrency-to-dollar conversion service.
https://newsroom.paypal-corp.com/2023-09-11-PayPal-Introduces-On-and-Off-Ramps-for-Web3-Payments
An ETH bot called Banana Gun revealed a contract error after launch, the token price dropped by 99%.
The BANANA claiming caused Gwei to rise to ~400 on the ETH network.
https://twitter.com/BananaGunBot/status/1701322684313817459
Bitcoin is down 2% to $25,100 at the instant.
Altcoins lose 2-5% on average.
https://dropstab.com
Hacker steals over $690,000 after hacking Vitalik Buterin's Twitter account.
A fake link promising an exclusive NFT was posted to the Ethereum inventor's feed.
https://decrypt.co/155738/hacker-steals-690000-after-hijacking-vitalik-buterin-x-account
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.04T. Bitcoin is trading at $25.8K
dropstab | icodrops | twitter | telegram