News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
FTX’s bankruptcy proceedings move forward as the estate auctions off substantial Solana assets.
The suit, filed in a Texas court, alleges a regulatory overreach by the SEC
The 7-day moving average of the change in USDT held by exchanges reached $568 million — its highest level in a year. This is an excerpt from The Block’s Data & Insights newsletter.
The blockchain and web3 development company behind the well-known MetaMask Wallet filed a lawsuit against the agency on Thursday in a Texas court. The firm also noted in the complaint that SEC staff sent Consensys a Wells notice earlier this month, meaning a formal notice that the agency plans to bring an enforcement action against them.
ViaBTC auctioned off an ‘epic sat’ associated with the fourth Bitcoin halving block for 33.3 BTC ($2.13 million) on the crypto exchange CoinEx Global. Only four of these ‘epic sats’ exist thanks to the Bitcoin Ordinals protocol.
Web3 gaming platform Immutable said it’s launching a gaming “rewards program” worth $50 million. Games involved include high-profile crypto titles like “Illuvium” and “MetalCore.”
- 05:411,027 BTC transferred from CEX to an unknown walletPANews reported on January 11th, according to Whale Alert monitoring, 1,027 BTC (96,745,111 US dollars) were transferred from CEX to an unknown wallet.
- 05:40Zhu Su: The contract investment portfolio of BTC, USDe, SUI, SOL should have the same weightZhu Su posted on platform X, stating that a (suitable) perpetual contract investment portfolio should be like these, with equal weights: Bitcoin, USDe, Sui, Sol.
- 05:31The Bitcoin spot ETF had a net outflow of $149 million yesterday, with the ETF's net asset ratio reaching 5.74%According to SoSoValue data on January 11, the net outflow of Bitcoin spot ETFs was $149 million yesterday (Eastern Time, January 10). Yesterday, Grayscale's GBTC ETF had a single-day net inflow of $13.5116 million, with a historical net outflow of $21.567 billion. The Grayscale Bitcoin Mini Trust ETF BTC had a single-day net outflow of $0.00 and its total historical net inflow is currently at $924 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was Fidelity's FBTC ETF, which had a single-day net inflow of $16.5656 million and has reached a total historical net inflow of $12.157 billion. As of press time, the total asset value for Bitcoin spot ETFs stands at approximately $107.639 billion; the ratio between this figure and the overall market cap for bitcoin is about 5.74%. The cumulative historic influx has reached around USD$36.216 billion.