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The United States Launches Security Investigation into Bitcoin Mining Giant Bitmain

2 hours ago

On November 21st, Operation Red Sunset, which was led by the U.S. Department of Homeland Security, looked into whether Bitmain's mining equipment could be employed for espionage or to cause disruptions to the U.S. power grid. Bitmain refuted that its devices possess any remote control capabilities and claimed that it was completely ignorant of the investigation, deeming the accusations "utterly untrue."
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Tensor Foundation, the developer behind Vector.fun, has been acquired by Coinbase today.

On November 21, based on the Tensor Foundation documentation, the Tensor Foundation is the developer of the Solana ecosystem trading platform Vector.fun. Today, Coinbase announced the acquisition of Vector.fun and indicated that the Tensor Foundation will remain independent from Coinbase.
Earlier today, the Tensor Foundation announced the acquisition of Tensor Marketplace and Tensorians NFT, which raised concerns about insider trading.

3 minutes ago

Grayscale has transferred approximately 2560 BTC and 8091 ETH to Coinbase Prime

On November 21, according to Arkham's monitoring, Grayscale transferred a total of around 2560 BTC with a value of approximately $214 million and about 8091 ETH with a value of approximately $25 million to Coinbase Prime within nearly 25 minutes.

3 minutes ago

Bitmine Overtakes Blackrock as Ethereum’s Largest Holder, Holding Approximately 3.623 Million Coins

On November 21st, as per the monitoring of LookOnChain, Bitmine increased its holdings of Ethereum by 63,123 ETH (valued at $174 million) this week. As a result, its holdings have reached 3,623,002 ETH (worth $9.96 billion), surpassing BlackRock and becoming the largest holder of Ethereum. Meanwhile, BlackRock has decreased its Ethereum holdings by 43,237 ETH (worth $1.19 billion) today. Currently, it holds 3,604,966 ETH (worth $9.91 billion).

3 minutes ago

Michael Saylor's Post "HODL Strong," Encourages Holding Through Market Volatility

On November 21st, the founder of Strategy, Michael Saylor, posted "HODL On", advocating patience and holding through the current market volatility. A few days prior, Michael Saylor stated in an interview that "Bitcoin must fall below $10,000 for Strategy to sell its holdings."

3 minutes ago

Fed's Lael Brainard: Another Rate Cut in December Unlikely

On November 21st, Powell of the Fed said: It is unlikely that there will be another rate cut in December; keeping the rate unchanged will enable the Fed to assess the tightening situation. (Xinhua News Agency)

3 minutes ago

Arthur Hayes: The Bottom is Near, But Don't Rush to Buy the Dip

On November 21st, Arthur Hayes, the co-founder of BitMEX, said: "The decline of BTC is smaller than the decrease in USD liquidity. The bottom is approaching, but don't be in a hurry to buy the dip. Wait a bit longer. Let the US stock market also take a heavy hit. Eventually, we are engaged in a larger money printing game. In order to make the Fed inject liquidity, we first need to see a crash in AI and technology stocks to shake out the weak hands."

3 minutes ago

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