Newsletter Nov 28, 2023
70% Of Bitcoin's Circulating Supply Hasn't Moved For Over A Year: Bitfinex Report

These metrics show Bitcoin holders' reluctance to sell while buyers look for BTC supply, which is one of the factors why the king of crypto reached a new year-to-date high of $38,410 on Nov. 24.


ARK Selling GBTC Holdings Does Not Really Mean It Is Bullish On Bitcoin, ETF Analyst Says

Last week, American investment management firm ARK Invest sold more GBTC shares, specifically 163,722, to earn $5.02 million.


Beware: North Korean Hackers Allegedly Have New Modus Operandi To Steal Your Crypto

Malicious actors pretended to be officials from South Korea's National Pension Service, National Health Insurance, National Tax Service and National Police Agency to send phishing emails to recipients.

Court Prohibits Binance's CZ From Leaving US After Guilty Plea

This is not the only trouble Zhao could be facing in the days leading to his prison sentencing. A court filing by DOJ lawyers on Saturday revealed they might argue the Binance founder should be sentenced to up to 10 years in prison.

SEC Reports Having Trouble Issuing Legal Notices To HEX Founder Richard Heart

The SEC said its counsel was expected to report by Dec. 15, and if it failed to do so, the financial regulator would have to explore alternative services.

Binance's Changpeng Zhao Could Be Detained In The US, Spend A Decade In Jail

Zhao and the crypto exchange he founded, Binance, pleaded guilty to the DOJ's charge of one count of violating the Bank Secrecy Act.

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