Withdrawal

15-Week Crypto Inflow Streak Ends with a $223M Shock Withdrawal

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15-Week Crypto Inflow Streak Ends with a $223M Shock Withdrawal

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The crypto asset investment market experienced its first weekly outflows in over three months, according to the latest data released by CoinShares, a leading European asset manager specializing in cryptocurrencies. The firm’s weekly report shows that digital asset investment products recorded net … Read more

Bybit Turns To Bitget And Binance For $239 Million ETH Loan Amid Withdrawal Spike

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Bybit

Bybit, a popular crypto exchange, is reeling from the massive hack worth $1.5 billion in digital assets. According to reports, the hackers targeted the crypto exchange’s cold wallet, an offline storage system, to steal the exchange’s assets, primarily Ether. On-chain data reveals that the stolen funds were quickly transferred into different wallets and liquidated on … Read more