FTX approved to sell $744 million of Grayscale assets
FTX has been approved to sell $744 million in Grayscale assets, according to Bloomberg.
The FTX/Alameda address transferred 1.65 million SAND and 33,000 YGG
According to Pai Shield monitoring, FTX/Alameda transferred out 1.65 million SAND and 33,000 YGG.
FTX and Celsius Network transferred 6,500 ETH in the past hour
According to data monitored by Spot On Chain, FTX and Celsius Network have both transferred ETH in the past hour.
TRX worth more than $13.55 million is suspected to have been transferred from the FTX Estate account to an unknown wallet
Whale Alert monitoring data shows that about an hour ago, 129,793,313 TRX (worth $13,550,946) was transferred from the FTX Estate account (possibly by a hacker) to an unknown wallet.
Foresight Ventures hires former founding member of Light Source Capital as new partner of Foresight X, and appoints former FTX corporate communications director as public relations director
On November 28th, Asian cryptocurrency venture capital firm Foresight Ventures announced the hiring of former founding team member Min Xue from Light Source Capital as the new partner of the incubation department Foresight X, responsible for accelerator business, and also hired former FTX corporate communications director Natalie Tien as the public relations director.
FTX address transfers 250,000 SOL to Wintermute
PeckShield monitoring shows that FTX address has transferred 250,000 SOL tokens (worth about $13.6 million) to Wintermute. Alameda address has transferred about 8 million MATIC tokens to CEX including OKX and Coinbase.
FTX transfers 8 million MATIC and 1,592 ETH to Coinbase and OKX
Lookonchain monitoring data shows that in the past 8 hours, FTX has transferred 8 million MATIC tokens (worth 5.95 million USD) and 1,592 ETH tokens (worth 3.22 million USD) to Coinbase and OKX.
FTX investors file lawsuit against MLB, Formula 1 and Mercedes-Benz for promoting FTX
FTX investors are suing the celebrity founder of the cryptocurrency exchange for allegedly facilitating a $11 billion fraud scheme. The lawsuit targets entities including Major League Baseball, Formula One Racing, and the racing teams of Mercedes-Benz. The case is currently being heard in the Southern District of Florida (Miami) federal court.
European Commission official: MiCA aims to promote innovation while addressing risks to consumers, financial stability and monetary sovereignty
Ivan Keller, a policy official at the European Commission, said in an interview at the MoneyLIVE conference in Amsterdam that the collapse of FTX in 2022 and the recent $4.3 billion settlement agreement between Binance and US authorities provide strong arguments for the regulations of the EU's Markets in Crypto-Assets (MiCA) legislation. "I think we have had some unfortunate confirmations that we are going towards strong regulation," Keller emphasized. "Our position is that this rulebook will mitigate some risks, and importantly, give regulators clearer powers to supervise these entities so that they can also mitigate these risks."
The FTX tagged address transferred 4,410 SOL worth $252,000
According to PaiShield monitoring, FTX's token address transferred 4410 SOL worth $252,000, while still staking 5.57 million SOL.
