[Chinese Man Arrested in Thailand for Alleged $14 Million Cryptocurrency Ponzi Scheme] Thai police on Wednesday arrested Chinese national Liang Ai-Bing (Liang Ai-Bing, transliterated), who is accused of involvement in a $14 million Ponzi scheme linked to the now-defunct cryptocurrency investment platform FINTOCH. FINTOCH had promised high daily returns of 1% and falsely claimed to have backing from Morgan Stanley, while hiring actors to impersonate the company's CEO. The platform carried out an 'exit scam' in May 2023. On-chain analyst ZachXBT's investigation revealed that the scammers transferred a total of 31.6 million USDT through the Tron and Ethereum networks, making it one of the largest DeFi scam cases of 2023.
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More >LAUNCHCOIN完成升级为BELIEVE代币,价格已归零
[LAUNCHCOIN Upgraded to BELIEVE Token, Price Reset to Zero] On October 30, the Believe ecosystem token LAUNCHCOIN has been successfully upgraded to the BELIEVE token, and the price of LAUNCHCOIN has now been reset to zero. Over 85% of holders have completed the conversion, and LAUNCHCOIN has ceased operations, with its liquidity allocated to BELIEVE's buyback and liquidity pool funding support. The official statement indicates that LAUNCHCOIN holders who have not completed the upgrade can claim BELIEVE tokens via the official website within two weeks.
分析师:美联储鹰派立场或加剧 BTC 波动性
[Analyst: Fed's Hawkish Stance May Increase BTC Volatility] Cryptoquant analyst Axel Adler Jr stated that the Federal Reserve plans to gradually exit quantitative tightening (QT) starting December 1, which is a moderate positive for risk assets. However, the Fed's hawkish stance on December's policy and yesterday's market performance, with the 2-year Treasury yield rising by 7 basis points (bps), indicate that market expectations for rapid rate cuts are low. This situation may limit the upside potential of asset prices while suppressing market risk appetite. The analyst believes this will further drive Bitcoin (BTC) volatility higher.
100%胜率巨鲸扭亏为盈,总仓位超3.2亿美元
[100% Win Rate Whale Turns Losses into Profits, Total Position Exceeds $320 Million] On October 30, monitoring data showed that the '100% Win Rate Whale' (address: 0xc2a), which achieved 14 consecutive wins, turned losses into profits after a slight market rebound, with a total position value exceeding $320 million. Specific positions include: BTC leveraged long position at 13x, valued at approximately $114 million, with unrealized profit of $1.46 million; ETH leveraged long position at 10x, valued at approximately $95 million, with unrealized profit of $1.6 million; SOL leveraged long position at 10x, valued at approximately $110 million, with unrealized loss of $1.4 million. Additionally, the whale has placed a limit order for 15,000 ETH at $3,800, valued at $57 million, awaiting execution.
Arthur Hayes预测ZEC价格或涨至1万美元
[Arthur Hayes predicts ZEC price may rise to $10,000] BitMEX co-founder Arthur Hayes posted on social media, stating, 'Nothing can stop this train,' and predicted that the ZEC price could rise to $10,000.
'100% Win Rate Whale' Turns Losses into Gains, Total Position Exceeds $320 Million
Since October 14, the '100% Win Rate Whale' (0xc2a), achieving 14 consecutive wins, has turned losses into gains following a slight market rebound. The current total position value exceeds $320 million. The specific positions are as follows: BTC long position with 13x leverage, valued at $114 million, opening price $110,123.0, unrealized profit of $1.46 million; ETH long position with 10x leverage, valued at $95 million, opening price $3,873.66, unrealized profit of $1.6 million; SOL long position with 10x leverage, valued at $110 million, opening price $198.4364, unrealized loss of $1.4 million.