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US spot Bitcoin funds record large outflows at start of November
US spot Bitcoin exchange-traded funds recorded $398.6 million in net outflows on Monday. BlackRock's iShares Bitcoin Trust led the withdrawals with $405.3 million leaving the fund.
- US spot Bitcoin exchange-traded funds recorded $398.6 million in net outflows on Monday.
- BlackRock's iShares Bitcoin Trust shed $405.3 million on Monday.
- The $405.3 million outflow was the largest single-day withdrawal for IBIT since June 26.
Estimated theft from European union entity reaches over 133 million dollars
Bitcoin drops and markets face volatility before midterm elections
New Jersey drops staking lawsuit against Coinbase and lifts ban
Binance survives massive security breach as markets process billions in outflows
Binance suffered a $6.3 billion hack, but covered the loss and froze about $3 billion with partners. Bitwise CIO Matt Hougan noted the event stems from traditional cybersecurity issues rather than blockchain flaws.
North Korea denies involvement in recent huge cryptocurrency exchange hack
North Korea denied involvement in the recent multi billion dollar Binance hack. The FBI and blockchain tracking firms linked the attack to North Korea.
Crypto founder projects XRP could overtake Ethereum using payments
Tria founder John Lilic stated that XRP could overtake Ethereum in market value. He pointed to a plan involving the RLUSD stablecoin, payment cards, and neobank services.
Binance security breach triggers massive crypto market sentiment drop
A major security breach at Binance resulted in the theft of digital assets. The incident drove the Crypto Fear and Greed Index down to 30. Stablecoin issuers froze a portion of the stolen funds on-chain.
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