Crypto Funds See $767M Six-Week Inflow, Best Since 2021 Bull Market: CoinShares
Bitcoin funds attracted most of the demand, while ether funds saw their largest inflows since August 2022.
Financial
Microsoft Listing Fake Ledger App Leads to $590K of Bitcoin Stolen by Hackers
The hacker also stole $180,000 worth of assets on Ethereum and BSC.
Smart Contract Platform Llama Raises $6M From Investors Including Polygon, Aave Founders
The firm aims to allow blockchain governance protocols to encode role-based functionality.
First Mover Americas: FTX Wants to Sell Its GBTC
The latest price moves in crypto markets in context for Nov. 6, 2023.
XRP Spikes 10% as Several Institutions Adopt Ripple’s Services
XRP traders often react to Ripple developments even as the company maintains distance from the token.
Bitcoin Addresses With Over $1K of BTC Hits Record 8M, Data Shows
The number could grow exponentially, representing a tremendous amount of purchasing power, one observer said.
Roger Ver Seeks Winding Up of Matrixport in Seychelles Lawsuit
The investor launched a suit last year in Seychelles against Matrixport subsidiary Smart Vega, which runs Bit.com, for confiscating $8 million, which he says is being kept because Matrixport’s Jihan Wu blames him for the collapse of CoinFLEX.
Bank of England Publishes Plans to Regulate Wide-Use Stablecoins
The U.K. government published plans for regulating crypto last week.
SOL Drops 5% as FTX Estate Transfers Tokens to Binance, Kraken
The $30 million transfer takes the total SOL moved to exchanges to $102 million, the most out of any liquid asset, while the token’s price is near the highest in a year.
GROK Tokens, Inspired by Elon Musk’s ChatGPT Rival, Pop up on Blockchains
While unrelated to the actual Grok service, the inspired tokens are quickly gaining a following among low-cap traders.