Category: crypto-news/62

A suspected airdrop farmer burned through their entire $112,000 of MON rewards in hundreds of failed transaction attempts.https://cointelegraph.com/news/monad-airdrop-farmer-spends-112k-failed-trades?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Strike CEO Jack Mallers says JPMorgan closed his accounts without explanation, reigniting fears of Operation Chokepoint 2.0 and renewed pressure on crypto firms.https://cointelegraph.com/news/jpmorgan-debanks-strike-ceo-operation-chokepoint-concerns?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Solana ETFs pulled in $369 million so far this month as investors appear to favor yield-bearing products, while Bitcoin and Ether ETFs faced billions in redemptions.https://cointelegraph.com/news/solana-etfs-369m-nov-investors-treat-yield-asset?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Federal Decree Law No. 6 expands the UAE central bank’s authority over DeFi, ending the “just code” defense and imposing penalties up to $272 million.https://cointelegraph.com/news/uae-new-financial-law-defi-regulatory-scope?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Pump.fun co-founder disputed claims of a massive off-ramp and says Pump.fun’s USDC shifts were routine treasury operations.https://cointelegraph.com/news/pump-fun-cofounder-denies-436m-cash-out-treasury-management?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Exodus is using its Bitcoin reserves to back a $175 million acquisition of W3C Corp, bringing Monavate and Baanx under its roof as it expands into onchain payments.https://cointelegraph.com/news/exodus-taps-bitcoin-holdings-to-fund-175m-move-into-onchain-payments?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin price tools returned to levels last seen several years ago as calls for a BTC price relief rally continued to grow louder.https://cointelegraph.com/news/bitcoin-87k-btc-buying-opportunity-or-dead-cat-bounce?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Berachain’s founder says a report that it gave one of its Series B investors a year-long refund right on its $25 million investment is both “inaccurate and incomplete.”https://cointelegraph.com/news/berachain-founder-disputes-framing-25m-refund-deal-brevan-howard?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Half of the capital raised in the third quarter was from seven venture deals, with Revolut leading the way with a $1 billion investment.https://cointelegraph.com/news/blockchain-venture-funding-rebounds-q3-crypto-startups-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin’s Sharpe ratio has fallen to nearly zero, matching levels from 2019, 2020, and 2022 market bottoms, as 8% of all BTC moved onchain in historic volatility.https://cointelegraph.com/news/bitcoin-indicator-flashes-rare-risk-reward-signal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound