Onchain Market Maker
Cumberlands withdrew 5490 $ETH to wallet from #Gemini then transferred 7000 $ETH to Cumberlands’ holding wallet
Currently, Cumberlands holding a wallet
– 106,915 $ETH = $237,858,775
– 110,030,216 $USDT
– 79,930,813 $USDC
The interesting thing that we should note is that Cumberlands has been very active with $ETH since May 19, 2023. From the time of holding $ETH until now, December is the month Cumberlands accumulates the most $ETH. $ETH withdrawal volume this December accounts for 50% of port hold
The Other News
- Bitcoin sometimes falls below $42K while US stocks continue to increase after Christmas
- BNB surpasses $300 mark, dragging down the entire BSC system as Binance continuously launches Launchpool
- Bloomberg estimates CZ’s assets at more than $37 billion, an increase of $25 billion in 2023
- Mt. Gox began paying off debt in cash through PayPal nearly 10 years after the hack
Even @Grayscale is accepting the SEC’s Cash-only creation/redemption edict. Looks like they’re bending the knee. pic.twitter.com/BtbyE5XQv0
— James Seyffart (@JSeyff) December 26, 2023
- Grayscale approves cash payment request for BTC ETF, removing major SEC hurdle
Even @Grayscale is accepting the SEC’s Cash-only creation/redemption edict. Looks like they’re bending the knee. pic.twitter.com/BtbyE5XQv0
— James Seyffart (@JSeyff) December 26, 2023
- Barry Silbert resigns as chairman of Grayscale, clearing the way for the SEC to approve a Bitcoin ETF?
- Telcoin money transfer platform was hacked and lost $1.3M, TEL decreased by 40%
Update on #Telcoin security incident: We’ve identified the root cause, which was not an issue with the Telcoin Wallet code itself, but with the proxy implementation of the wallet on Polygon – primarily impacting wallets that have never initiated transactions. We have deployed a…
— Telcoin (@telcoin) December 26, 2023
- LeverFi (LEVER) launches Launchpad platform for BRC-20 projects
- Wormhole announces $50M ecosystem fund
- Arkon Energy raises $110M to develop BTC mining camp
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