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13 Nov 2023, 03:43
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113 Nov 2023, 03:58
Notable news in the last 24 hours (13/11)
BTC: 36,980 USD | ETH: 1,043 USD | Total market cap: 1,382 billion USD
1️⃣ The Maven 11 fund is raising an additional $100 million to invest in crypto. Maven 11, an Amsterdam-based company, is raising $100 million for their third cryptocurrency fund. According to the release, it expects to complete the fundraising in the first half of next year. One-third of the $100 million has been committed by limited partners.
2️⃣ Binance successfully closed the illegal amount of USDT. Binance has frozen more than 90% of the $12.5 million in cryptocurrency products stolen from executives of an undisclosed client in Montenegro. The action is part of a commitment to intensify efforts to curb the flow of illicit money in the industry.
3️⃣ FTX's bankruptcy managers pursued a $953 million asset recovery. FTX's bankruptcy managers have taken legal action against Bybit to recover $953 million in assets allegedly withdrawn before its collapse. The lawsuit claims that Bybit coerced FTX into processing these withdrawals and alleges special privileges afforded Mirana Corp to withdraw assets.
4️⃣ Grayscale's Ethereum trust discount narrowed amid increased ETH trading volume. The discount on Grayscale's Ethereum Trust (ETHE) has dropped to 13.94%, its lowest level since last year. ETFStore President Nate Geraci acknowledged that this price drop signals market expectations for a spot Ethereum ETF.
Notable news in the last 24 hours (13/11). BTC: 36,980 USD | ETH: 1,043 USD | Total market cap: 1,382 billion USD.
Notable news in the last 24 hours (13/11)
BTC: 36,980 USD | ETH: 1,043 USD | Total market cap: 1,382 billion USD
1️⃣ The Maven 11 fund is raising an additional $100 million to invest in crypto. Maven 11, an Amsterdam-based company, is raising $100 million for their third cryptocurrency fund. According to the release, it expects to complete the fundraising in the first half of next year. One-third of the $100 million has been committed by limited partners.
2️⃣ Binance successfully closed the illegal amount of USDT. Binance has frozen more than 90% of the $12.5 million in cryptocurrency products stolen from executives of an undisclosed client in Montenegro. The action is part of a commitment to intensify efforts to curb the flow of illicit money in the industry.
3️⃣ FTX's bankruptcy managers pursued a $953 million asset recovery. FTX's bankruptcy managers have taken legal action against Bybit to recover $953 million in assets allegedly withdrawn before its collapse. The lawsuit claims that Bybit coerced FTX into processing these withdrawals and alleges special privileges afforded Mirana Corp to withdraw assets.
4️⃣ Grayscale's Ethereum trust discount narrowed amid increased ETH trading volume. The discount on Grayscale's Ethereum Trust (ETHE) has dropped to 13.94%, its lowest level since last year. ETFStore President Nate Geraci acknowledged that this price drop signals market expectations for a spot Ethereum ETF.