Tron founder Justin Sun recently withdrew 14,884 Ether (ETH) from Binance, coinciding with a dip in ETH prices below $2,000.
On the same day, Sun denied rumours about liquidating his positions, labelling them as "false." He also criticised leveraged trading, suggesting it offers little benefit to the industry.
With the addition of this fund, Justin now holds 392,474 ETH with an estimated cost of $1.19 billion and is now worth $995 million.
Justin Sun’s Latest Transactions. Source: Spot On Chain
Despite the market turmoil, Ethereum has shown signs of recovery, trading above $2,500. The cryptocurrency gained over 10%, reaching a high of approximately $2,547. In parallel, major global stock indexes also faced significant declines, leading to heightened fear in the market.
Amid this volatility, Sun deposited $49 million worth of Tether (USDT) into HTX over the past three days. Notably, another significant player withdrew 16,236 ETH, valued at around $40 million, from the same exchange.
The recent market crash affected Ethereum's fear and greed index, which dropped to 17 percent, indicating extreme fear. However, US-based spot Ether ETFs like VanEck’s ETHV and Fidelity’s FETH saw a net cash inflow of approximately $1.64 million on Monday.
Ethereum co-founder Vitalik Buterin has announced "The Surge," a roadmap aimed at enabling the network to process over 100,000 transactions per second using layer-2 scaling solutions and sharding. The plan focuses on enhancing interoperability among various platforms while balancing scalability, decentralisation, and security, with the next major upgrade, Pectra, expected in early 2025.
WeatherlyDonald Trump has raised approximately $7.5 million in cryptocurrency donations for his 2024 presidential campaign, with major contributions coming from Bitcoin, Ether, and XRP. The influx of crypto donations reflects his shift from a critic to a pro-crypto candidate, gaining support from key figures in the industry.
AnaisRadiant Capital, a DeFi lending platform, was hit by a cyberattack, losing over $50 million in USDC, WBNB, and ETH on BSC and Arbitrum. Hackers took control of its Pool Provider contract, redirecting ownership to a malicious contract. Radiant has halted lending and urged users to revoke smart contract permissions.
KikyoVitalik Buterin proposes lowering Ethereum's validator threshold from 32 ETH to 1 ETH to enhance decentralisation and accessibility, introducing innovations to maintain efficiency amid increased participation.
HafizNorth Gyeongsang Province seized $890,000 in crypto from residents who failed to pay taxes. The province aims to recover $136 million in unpaid taxes by the end of the year, using aggressive measures against tax evaders.
AnaisGoogle has just left Bitcoin investors scratching their heads as to why the search engine has removed the live price charts for Bitcoin and other cryptocurrencies
XingChiEthereum founder Vitalik Buterin sold a large number of meme coins over the weekend and cashed in $2.23 million. He previously stated that all tokens sent to him without permission would be sold and donated to charity, and the market speculated that this would be the case this time as well.
WeiliangMonochrome Asset Management will launch Australia's first spot Ethereum ETF, IETH, on October 15, offering a unique in-kind redemption option that may provide tax benefits for long-term investors.
Huang BoEthereum co-founder Vitalik Buterin recently sold 10 billion MOODENG tokens, which earned him 308.69 ETH, equivalent to approximately $762,000.
XingChiThe controversial Tornado Cash lawsuit has taken the crypto world by storm...
XingChiIn the wake of the country's crackdown on Binance, the Philippines' securities regulator has shifted its focus to the online trading platform eToro.
CatherineWilcox, in a blog post, cited concerns about his personal identity becoming overly associated with Zcash during his tenure as CEO. He expressed the belief that this dynamic could be detrimental to both himself and the cryptocurrency.
BrianThe lawsuit examines eToro's assessment method to determine if retail customers fell within the intended market during the period from Oct. 5, 2021, to July 29, 2023.
DavinTrading platform eToro is delisting four crypto assets for U.S. customers, citing recent developments. From July 12, U.S. customers will no longer be able to open new positions in the tokens but can continue to hold and sell existing positions.
TheBlock社交交易和投资公司eToro周二宣布，从7月12日开始，美国客户将无法发起ALGO、MANA、DASH和MATIC的新交易，承认是美国的监管环境快速变化所导致。
fx168newsStock trading is coming to Twitter. And, reportedly, crypto trading. Via a new partnership with eToro, users can now make use of eToro’s market charts on a range of financial investments, simply by searching for the relevant "cashtag," usually by putting a "$" sign in front of the ticker, like "$TSLA" for Tesla stock. A chart then appears, reflecting the asset’s 24-hour price performance along with a link that says “View on eToro” where users can then view more in-depth market information and p...
decryptTwitter变身“超级应用程序”，为用户提供透过eToro购买股票、加密货币及其他金融资产的选项。
fx168newsThe firm is reportedly seeking a new funding round that would infuse with more cash at a 50% lower valuation than one year ago.
CointelegraphSome projects have been more severely impacted by the bear market than others. However, no coin has endured greater hardship ...
BitcoinistThe move came as a surprise to some users, as ADA has not been on the watchdog’s radar in the near term.
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