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October 31, 2024
BlackRock’s spot Bitcoin ETF recorded $875 million of inflows on Oct. 30, surpassing its previous record by around 3%. The world’s largest asset manager, BlackRock, has recorded the biggest inflow day for its spot Bitcoin exchange-traded fund (ETF) since its launch at the beginning of this year. On Oct. 30, BlackRock’s spot Bitcoin ETF (IBIT)...
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The popular Lottie Player animations library was hacked to push a crypto-draining popup on multiple websites, which has now been fixed. The front-end websites of several online crypto apps were compromised on Oct. 30 after attackers injected malicious code into an update of a popular and widely used animation library. Decentralized finance apps, including 1inch...
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Riot has reduced its hashrate projections due to delays in expansion at its recently acquired Kentucky facility.   Bitcoin mining giant Riot Platforms has posted a 65% year-on-year increase in revenue but has had to hamper its hashrate expansion plans due to challenges at its United States facilities. “Riot recorded $84.8 million in revenue this quarter,...
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Robinhood also reported a 76% year-on-year increase in assets under custody, attributed to rising crypto valuations. Shares in trading platform Robinhood fell 12.4% after-hours after its third-quarter earnings missed Wall Street estimates, though crypto trading volume and revenues doubled year-on-year. Robinhood’s Q3 results show that crypto trading volumes and crypto revenue soared 112% and 165%...
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The crypto asset manager has now filed for a spot Solana ETF after getting the ball rolling for a spot for XRP ETF and Litecoin ETF earlier in October. Crypto asset manager Canary Capital has filed for a spot Solana exchange-traded fund (ETF) with the United States securities regulator — following the lead of VanEck...
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Crypto commentators are “bullish” on MicroStrategy’s plan, predicting it will propel the company ahead of not just other public firms but countries too. Michael Saylor’s MicroStrategy is gearing up to raise $42 billion over the next three years to accumulate more Bitcoin, the firm has revealed. The plan, dubbed the “21/21 plan,” will consist of...
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According to the current Polymarket presidential election odds, Donald Trump is favored to win the election at 65.5%. Separate investigations from Chaos Labs and Inca Digital allegedly found that approximately 30% of the 2024 United States Presidential election activity on Polymarket is the result of wash trading — a method of market manipulation designed to...
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