FTX transferred approximately $36 million in assets to the exchange in the past 24 hours
According to Lookonchain monitoring, FTX has transferred approximately $36 million worth of assets to exchanges in the past 24 hours, including depositing 12.6 million MATIC coins (worth approximately $9.4 million) into Coinbase; depositing 10 million MATIC coins (worth approximately $7.45 million) into Binance via FalconX; and depositing 975,000 AVAX coins (worth approximately $19.25 million) into Binance via FalconX.
Coinbase will suspend Polymath (POLY) trading on December 6
According to official sources, Coinbase will suspend trading of Polymath (POLY) on Coinbase.com, Coinbase Exchange, and Coinbase Prime platforms at around 3 a.m. Beijing time on December 6th. POLY is migrating from Ethereum to Polymesh Network (POLYX). Coinbase currently has no plans to support POLYX. The deadline for upgrading POLY to POLYX is January 31, 2024. If users still hold POLY after the trading suspension, they will need to use the upgrade bridge and self-hosted wallet to convert POLY to POLYX before the upgrade bridge is closed on January 31, 2024, or they may face significant asset losses.
Net outflows from Binance, Kraken and Coinbase totaled $692 million in the past 24 hours
On November 22nd, according to on-chain data from Nansen, Binance had a net outflow of $514 million in the past 24 hours, Kraken had a net outflow of $121 million, and Coinbase had a net outflow of $57.48 million. The three combined had a net outflow of nearly $700 million.
ARK Fund has increased its holdings of Coinbase shares by more than $30 million since last week
Data shows that as of the time of writing, the ARK Ark Fund has accumulated 314,088 shares of Coinbase stock (COIN) since November 13th, valued at approximately $31.11 million at current prices. As of Friday's close, COIN was trading at $99.05.
Scopescan: One address accumulated $11 million worth of CVC 2 years ago
According to Scopescan monitoring, an address that accumulated $11 million worth of CVC 2 years ago (when the average price was $1.45) was deposited into Coinbase today, earning approximately $900,000.
18,373 ETH transferred from unknown wallet to Coinbase
Whale Alert has monitored that at 17:22 today Beijing time,18,373ETH (worth about $35,651,771) was transferred from an unknown wallet to Coinbase.
Former Coinbase CTO: Artificial intelligence needs to be decentralized
According to comments from Balaji Srinivasan, former chief technology officer of Coinbase, regarding the dismissal of OpenAI founder Sam Altman by the board of directors, if the board can treat Sam this way, they can also treat any OpenAI customer this way, and artificial intelligence needs decentralization.
The address starting with 0x8675 deposited 292,600 AVAX into Coinbase 3 hours ago
According to Scopescan monitoring on November 17th, an address starting with 0x8675 deposited 292,600 AVAX (approximately $6.25 million) into Coinbase at an average price of $23.6, 3 hours prior to the BlockBeats report. Data shows that the 0x8675 address has been accumulating AVAX from May 15th to September 18th. It is estimated that this transaction will earn a profit of 68% (approximately $2.17 million) for the address.
A certain whale deposited 2.3 million RNDR into Coinbase 4 hours ago
Scopescan monitoring shows that a certain whale has accumulated nearly 2 years of RNDR and deposited all 2.3 million RNDR (6.89 million USD) into Coinbase 4 hours ago.
A certain whale transferred RNDR that he had accumulated for nearly two years to Coinbase, which is equivalent to approximately US$6.9 million.
According to Scopescan monitoring, on November 16th, a whale deposited all of its 2.3 million RNDR tokens (equivalent to approximately $6.9 million) into Coinbase, after hoarding them for nearly 2 years.
