Plus Token Ponzi-linked wallet moves $2B ETH after 3.3 years of dormancy
After 3.3 years of inactivity, cryptocurrency wallets linked to the Plus Token Ponzi scheme move $2 billion in Ether (ETH), potentially impacting the market.
After 3.3 years of inactivity, cryptocurrency wallets linked to the Plus Token Ponzi scheme move $2 billion in Ether (ETH), potentially impacting the market.
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The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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Ethereum ETFs took in more ETH yesterday than on their debut—but not more dollars, thanks to the price still rebounding from Monday’s crash.
This breach and subsequent laundering activity highlight the ongoing risks faced by centralized exchanges, even those with robust security measures.
The Ether bottom could be in, as market makers like Jump Trading are running out of ETH to sell.
Bitcoin bulls have their work cut out, and the weekly close is the first hurdle — the BTC price rebound must flip $59,000 to support.