Odin Fun aims to resume trading within 48 hours, but full restoration may take days. $1.7M in Bitcoin purchased to replenish funds, deposits coming soon. Audit report & review expected within 12 hours. Illicit activity isolated & will be rolled back to protect user assets.
#crypto #blockchain #news #BTC #Bitcoin
YZYβs fully diluted valuation dropped to $1B (GMGN data). One address lost $600k on a $974k YZY buy (366k tokens @ $2.66). Another is doubling down, spending $1.3M on 744k YZY (@ $1.79), now down $550k. Total Solana meme token losses: $1.4M & $550k respectively.
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Beijing court sentenced someone to 3.5 years in prison & a 40k yuan fine for laundering money via crypto (USDT). They knowingly exchanged USDT for cash, aware it came from a scam. Warning: transferring crypto of unclear origin carries severe penalties. #crypto #fraud #China
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TRM Labs launches Beacon Network with Coinbase, Binance, Kraken, & PayPal to fight crypto crime! π¨ The initiative enables real-time tracking & freezing of illicit funds, cutting response time to minutes. A major step towards a safer digital asset space. #crypto #security #blockchain
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Ethereum spot ETFs saw $240M in outflows on Aug 20th β the 3rd highest daily outflow ever, per SoSoValue. Grayscaleβs ETH Mini Trust ETF bucked the trend with $9M in inflows, totaling $1.31B historically.
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Bitcoin spot ETFs saw $312M in net outflows on Aug 20, the 4th straight day. Bitwise ETF (BITB) led inflows with $619.8K yesterday, now totaling $2.229B in net inflows to date. #Bitcoin #ETF
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HashKey Chain launched Hong Kongβs first tokenized corporate bond β $40M in notes from Coastal Emerald (guaranteed by Shanho Holding, A- rated by Fitch). Guotai Junan Securities (HK) was the distributor/blockchain agent. #DeFi #HongKong #Tokenization
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Jito Solana is upgrading! π JIP-25 doubles validators to 400 & improves ranking. JIP-XX gives JitoSOL stakers DeFi validator choice. Expect more liquidity & ecosystem growth! β¨ #Solana #DeFi
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DBS Bank launched tokenized structured notes on Ethereum, available to qualified investors via ADDX, DigiFT & HydraX. Notes track crypto assets with cash settlement & downside protection. Unit size lowered to $1,000 for increased accessibility! (CoinDesk)
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DigiFT just raised $25M led by SBI Holdings to expand its Real World Asset (RWA) tokenization platform! π Funds will boost liquidity, develop on-chain apps & build compliant infrastructure. Includes support from Mirana Ventures, Offchain Labs (Arbitrum) & Cloud Capital. #RWA #DeFi #Tokenization
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