Crypto X

Decentralized finance (DeFi) platform Raft lost some $3.3 million in ether (ETH) after being hacked Friday afternoon. On-chain data shows that the attacker drained 1,577 ETH from Raft, then sent 1,570 ETH to a burn address – destroying most of the stolen assets and leaving only 7 ETH for themselves. The hacker's address received 18 ETH via crypto mixer service Tornado Cash before the attack, blockchain data on Arkham shows, likely to fund transactions. After executing the transfers and paying the blockchain fees, the exploiter's crypto wallet was left with only 14 ETH, fewer funds than the initial 18 ETH. This means that they face a 4 ETH loss on the whole maneuver. Raft's R dollar-pegged stablecoin dropped as much as 50%. https://www.coindesk.com/tech/2023/11/10/defi-platform-raft-suffers-33m-exploit-but-hacker-likely-takes-a-loss-on-the-attack/

This Is What Happened Cryptocurrency World: Exactly two years ago today, Bitcoin hit an all-time high of $69,044. Ether broke through the $2,000 mark for the first time since July as BlackRock filed to register a new iShares Ethereum Trust entity in the state of Delaware. BlackRock is confident the SEC will approve its Spot Bitcoin ETF by January, Fox News reports. Michael Saylor’s MicroStrategy Bitcoin investment is now at a $1,000,000,000 unrealized profit. Failed crypto lender Celsius Network cleared to exit bankruptcy according to Bloomberg. Celsius Network has said it could start repaying customers in January. Roblox CEO teases allowing NFTs, During a televised interview Roblox CEO David Baszucki spoke about the “dream” of “objects and NFTs moving from platform to platform” while also proposing a theoretical use case.

Arthur Hayes has published a new article, "Bad Gurl", about US Treasury Secretary Janet Yellen and how her scheme would fuel the BTC bull market. Key takeaways: ▫️ 'Bad Gurl' is a symbol of participants who use unconventional, aggressive or innovative approaches in trading and investing. ▫️They are willing to take high risks and use aggressive strategies to get profits. ▫️Their actions can significantly influence market trends and volatility, often causing significant market movements. ▫️'Bad Gurl' may utilize a variety of strategies and tactics, including fast trading and speculative investing. ▫️There is volatility and certain market patterns in the market right now. 'Bad Gurl' can influence these trends, both reinforcing and stabilizing market conditions. https://cryptohayes.substack.com/p/bad-gurl

Andrey Rogozov, CEO of The Open Platform, announced the global rollout of the TON cryptocurrency wallet. https://x.com/ton_blockchain/status/1722902450846265539

Non-fungible tokens (NFTs) and the blockchain made a special appearance on The Simpsons, Sunday night U.S. time. During Treehouse of Horror 34, the Halloween special episode of the iconic animated series, the show made numerous references to the overvaluation of on-chain NFTs in the first chapter of the episode titled “Wild Barts Can’t Be Token.” https://www.coindesk.com/markets/2023/11/06/the-simpsons-take-a-dig-at-nfts-crypto-in-treehouse-of-horror-episode/ https://twitter.com/DegenerateNews/status/1721338019930591653

SHORT #ARKUSDT from $1.4001 stop loss $1.41 15m TF. ARKUSDT the price has formed a dense cascade of levels with the liquidity of long-term retail traders, the price is being pressed to the level in order to collect the liquidity of longists beyond the levels of 1.3901 and 1.3757, I expect a squiz at the stops of longists who entered the current trade. Stop for the high 15m of the candle preceding the breakdown, the entry volume based on the drawdown on the transaction in money. Take in parts up to 1,3000, but no longer than up to the mirror level. If everything goes well, then, according to the state of affairs in the glass, I will watch the selection from the first mirror level of 1.2823 with its pin. Observe the risks in accordance with your system - this is the main thing.

Binance will make an announcement on November 8. https://x.com/binance/status/1721513080100622756

This Is What Happened Cryptocurrency World: Elon Musk says none of his companies “will ever create a crypto token.” US Attorney says Sam Bankman-Fried perpetrated one of the biggest financial crimes in US history. CIO of Valkryie predicts Bitcoin ETF could be approved by end of November. Bitcoin is “Exponential Gold,” Says Fidelity Investments Director. Voyager token surges after nearly one-third of supply is burned. OpenSea’s co-founder and CEO Devin Finzer announced that the company has reduced employee headcount amid a company redirection.

LayerZero has obtained the SSL certificate for layerzero.foundation. Usually this certificate is obtained before launching the website. Many Influencers started spreading information that this is a harbinger of airdrop coming soon. https://x.com/sartavage/status/1720728046410277345

There was a fake Ledger Live app on the official Microsoft App Store which was resulted in 16.8+ BTC ($588K) stolen. The app has deleted yet. https://x.com/zachxbt/status/1720961400313373127

This Is What Happened Cryptocurrency World: The macOS malware “KandyKorn” is a stealthy backdoor capable of data retrieval, directory listing, file upload/download, secure deletion, process termination and command execution, according to an analysis by Elastic Security Labs. Sam Bankman-Fried faces maximum sentence of 115 years in prison, judge sets sentencing date for March 28, 2024. The National Bank of Georgia (NBG) has selected blockchain payments network Ripple Labs as the official technology partner for developing digital lari, its central bank digital currency (CBDC) project. Jack Dorsey-led Block, a Bitcoin-focused fintech company, published its third-quarter earnings report on Nov. 2, revealing a profitable quarter and surpassing analyst expectations. U.S. authorities have seized and filed a forfeiture action to recover over $54 million in cryptocurrency linked to a New Jersey drug distribution scheme.

This Is What Happened Cryptocurrency World: Swiss bank launches bitcoin and ether custody and trading services, in partnership with SEBA. MicroStrategy Chairman and founder Michael Saylor says the company nabbed another 155 bitcoin for $5.3 million in October, a month marked by a surge in price for the most popular of cryptocurrencies. Financial officials said today at Hong Kong Fintech Week that regulators may soon issue new circulars on tokenization to ensure customer protection. Two SafeMoon executives were arrested after prosecutors said they lied to investors about having ‘locked’ liquidity, when instead they allegedly used the funds to buy luxury cars and real estate. Tether (USDT) stablecoin issuer is raising the bet on Bitcoin mining by issuing a major debt facility to German-based BTC mining company Northern Data AG. Axie Infinity developer brings Japanese Web2 games to Ronin. The first Web2 game of the series to be bridged to Ronin is Zoids Wild Arena.

More than $55 million in longs liquidated in the last 4 hours. https://www.coinglass.com/LiquidationData

Matrixport predicts BTC to grow to $56K by the end of 2023, thanks to 'Santa Rally'. https://www.coindesk.com/markets/2023/11/02/santa-rally-could-propel-bitcoin-to-56k-by-year-end-matrixport-says/

Interesting situation: #AAVEUSDT (spot) features a significant $1.3M order at a price of  92.00. The large order is positioned 1.4% away from the spread.

Hottest coins in the last 24 hours: #SUSHIUSDT up +47%; 24-hour volume $1.07B #TIAUSDT up +23%; 24-hour volume $429M #AAVEUSDT up +15%; 24-hour volume $320М #UNIUSDT up +13%; 24-hour volume $328M

Coinbase has listed Celestia (TIA). The TIA price has increased by 18%. https://x.com/coinbaseassets/status/1719790581705007167

This Is What Happened Cryptocurrency World Today: Warren Buffett’s ‘crypto stock’ beats Apple and Amazon — but not Bitcoin. Buffett’s bet on crypto-friendly Nubank has put Berkshire Hathaway $130 million in profit already this year. 15 years ago today, Satoshi Nakamoto published the Bitcoin whitepaper. Strike, a payments platform built on Bitcoin’s Lightning Network, said it is investigating claims posted online that it may have suffered a security breach, but has so far not found any evidence to support the allegations. Crypto asset manager Valkyrie Updates Spot Bitcoin ETF Prospectus With US SEC. Unibot, a Telegram-based trading tool, said today that it had been hit by a “token approval exploit.” The Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take a couple of months.

🎉Today is the 15th anniversary of the publication of the Bitcoin white paper. On October 31, 2008, Satoshi Nakamoto published an article "Bitcoin: A Peer-to-Peer Electronic Cash System". https://bitcoin.org/bitcoin.pdf

Animoca Brands has announced the acquisition of Web3 streaming platform Azarus. The price for the acquisition of the majority stake wasn’t disclosed. https://venturebeat.com/games/animoca-brands-acquires-azarus-to-bring-streaming-to-web3-games/