Binance Conducts Internal Review Since CZ’s Arrest
Binance has declared that compliance is its primary concern following Changpeng Zhao’s indictment. The impact of a prospective Binance failure on the markets would be difficult to predict. With over 200 million users and $100 billion in assets on its platform, the exchange is the residence of 36% of all crypto holders worldwide. Binance Conducts […]
Leveraged MicroStrategy ETFs Exceed $400M in Assets
Retail investors seeking exposure to Bitcoin’s volatility drove leveraged MicroStrategy ETFs to surpass $400 million in net assets. Retail investors seeking exposure to Bitcoin’s volatility were the primary factor driving the increase in net assets of leveraged MicroStrategy ETFs, which surpassed $400 million. In August, Defiance ETFs unveiled a leveraged MSTR ETF, and in September, […]
US ETF Assets Record $10 Trillion From Crypto Outflows
According to data from Bloomberg Intelligence and fund researcher Morningstar, the total assets of US ETF surpassed $10 trillion for the first time on Sept. 27. This increase was largely due to over $20 billion in inflows into cryptocurrency ETFs in 2024. According to Bloomberg , investors have invested approximately $691 billion in US ETFs […]
NYC Mayor Eric Adams Is Arrested on Corruption Charges
Following an investigation, Eric Adams, the mayor of New York City, was indicted, marking the first time an incumbent mayor had been charged while in office. After being indicted on federal criminal charges, Eric Adams has defended his innocence, asserting that he will combat the charges with “every ounce of his spirit.” According to a […]
Truflation Platform Reports Hack, Estimates $5M Loss
The blockchain-based Truflation platform confirmed that it was the victim of a malware attack. Blockchain analysts have estimated the loss is up to $5.2 million Inflation data platform Truflation , which is blockchain-based, has acknowledged that it was the victim of a malware attack. Blockchain analysts have estimated that the platform may have lost up […]