Matrixport-Linked Wallets Pull 4,000 Bitcoin From Binance Within 20 Hours – D...

Matrixport-Linked Wallets Pull 4,000 Bitcoin From Binance Within 20 Hours – D...

Bitcoin continues to trade with high volatility following Friday’s brutal crash that sent prices as low as $103,000. Over the weekend, the market has struggled to find a clear direction, with bulls and bears locked in a tense battle around the $115,000 level. Sentiment remains divided — some analysts expect a consolidation phase before another leg higher, while others warn of a deeper correction if selling pressure intensifies. Related Reading: Binance Stablecoin Supply Surges To Record $42B: Liquidity Flows Back Into Markets Adding to the uncertainty, new data from on-chain analytics firm....


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Jihan Wu’s Matrixport Raises $100 Million — Singapore Startup Joins Growing L...

Matrixport, the digital currency financial services company co-founded by the former Bitmain CEO Jihan Wu, has revealed the company has raised $100 million in a Series C financing round. The funding has propelled Matrixport’s valuation to unicorn status as the firm now has a valuation of over $1 billion. Matrixport Now Valued at $1 Billion, Company Raises $100 Million in Series C On Sunday, the company Matrixport, a financial services firm that specializes in cryptocurrency solutions, management, and custodial services, revealed the company has raised $100 million from a slew of....

Matrixport Launches ‘BTC-U Range Sniper’ — Returns Up to 200% for Accurate Pr...

The financial asset services platform Matrixport has introduced a variety of new products since the firm raised $100 million in a Series C financing round during the first week of August. Following the launch of the company’s “ETH2.0 Staking Earn” earning service, Matrixport has introduced another service product called “BTC-U Range Sniper” which allows traders to earn high returns when bitcoin values move within a specified price range. Matrixport Launches Ether Staking and Range Sniper Bitcoin Product The Singapore-based Matrixport has been unveiling a....

FTX funds on the move: bankruptcy proceedings, insider threat or a hack?

The wallet address in question received funds from various international and U.S.-based wallets linked to FTX, which amassed over 83,878.63 ETH (worth over $105.3 million) in just two hours. The recent tensions between the two major crypto exchanges FTX and Binance, which was accompanied by a massive selloff of FTX Token (FTT), resulted in the collapse of roughly 130 companies linked to FTX Group — including FTX Trading, FTX US, West Realm Shires Services, and Alameda Research. Following the resignation of FTX CEO Sam Bankman-Fried and the revelation of the company’s intent to file for....

NFT Rug Pull: DOJ Charges Two People in Million-Dollar Scheme to Defraud Inve...

The U.S. Department of Justice (DOJ) has charged two people allegedly behind a million-dollar non-fungible token (NFT) “rug pull” scheme. They abandoned the NFT project within hours after selling out, deactivated the website, and transferred over $1 million in crypto to the wallets they controlled, the justice department explained. NFT Purchasers Defrauded in a Rug Pull Scam The U.S. Justice Department announced Thursday that two 20-year-olds have been charged in a “non-fungible token (NFT) fraud and money-laundering scheme.” The defendants,....

Cabital Partners With Matrixport To Offer Fiat On-And-Off Ramp Capability

Recently, the firm announced its collaboration with Cabital, a reputable and all-compassing fiat on-and-off ramp solution. The partnership created an integration of Cabital Connect on the Matrixport platform. Many people are ready to dive into crypto, but some factors still limit them. One of the factors is the inability to use fiat currencies besides the […]