Crypto-focused investment products saw the fourth consecutive week of inflows, data shows.
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Users of cryptocurrency exchange BitForex have been blocked from accessing the website. Blockchain sleuth ZachXBT reported that $57 million has been drained out of the exchange’s hot wallets.
“We are going to follow Uniswap’s lead in proposing it. It will be up to the community to pass it,” Frax’s CEO Sam Kazemian told CoinDesk.
The phishing attempt has already led to $440,000 worth of crypto being stolen.
“Without a bounce from here, we could see a deeper correction begin, potentially as low as $47,000-$49,000,” one trader said.
Blast, in an X post, termed the project’s potential as “undeniable,” which may have created a sense of security among investors.
OANDA Crypto is the summation of last year’s acquisition of a majority stake in FCA-registered crypto firm Coinpass, and will offer trading in over 63 cryptocurrency pairs, including Bitcoin, Ether, and Ripple.
A federal judge approved the U.S. Department of Justice’s $4.3 billion fine on Binance after the crypto exchange pleaded guilty to violating anti-money laundering laws last November.