Crypto Products See Largest Consecutive Inflows Since 2021
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Crypto Market Flips Green Amid Ethereum Futures ETF Approval, Dollar Weakness

It’s been a heady Friday morning for the crypto market. Bitcoin (BTC) experienced a 2.4% gain in the past 24 hours, pushing its price above $27,000. Ethereum (ETH) also saw a 3.3% increase, reclaiming support above $1,650. A Bitfinex analyst told Decrypt that several factors contributed to this bullish price spike, including news of the Ethereum futures ETF, a 2%…

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Hong Kong and Macau police seize over $2.8M related to JPEX fraud case
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Hong Kong and Macau police seize over $2.8M related to JPEX fraud case

Authorities in Hong Kong and Macau have recently revealed arrests connected to the JPEX crypto exchange fraud case and highlighted that they are currently tracking down several other suspected figures. On Sept. 29, local media outlet Radio Television Hong Kong reported that two Hong Kong men involved in the JPEX case were arrested. According to the report, the two were…

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Bitcoin shorts keep burning as BTC price seeks to hold $27K
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Bitcoin shorts keep burning as BTC price seeks to hold $27K

Bitcoin (BTC) bounced around $27,000 on Sep. 29 as a challenge to month-to-date highs dragged BTC price action upward. BTC/USD 1-hour chart. Source: TradingView BTC price maintains overnight strength Data from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency attempting to hold gains after a classic “short squeeze.” The day prior offered a trip past the $27,000 mark, with…

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ETH and OP deposits and withdrawals now available on Optimism! « Kraken Blog
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ETH and OP deposits and withdrawals now available on Optimism! « Kraken Blog

We’re thrilled to announce that Kraken now supports deposits and withdrawals of Ethereum (ETH) and Optimism (OP) on Optimism. Additionally, Optimism (OP) is now available on Kraken! Funding and trading Optimism (OP) funding and trading are already live. You can transfer ETH or OP to your Kraken account by navigating to Funding and selecting ETH or OP. From the drop-down…

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Ann Hirsch's 'Sacra Famiglia' Puts a Surreal AI Spin on Suburbia
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Ann Hirsch’s ‘Sacra Famiglia’ Puts a Surreal AI Spin on Suburbia

What looks like a normal southern California home is nothing but in artist Ann Hirsch’s newest digital exhibit, “Sacra Famiglia.” Clicking through the opening credits and entering the home’s foyer, guests are greeted by images of rather standard suburban living. A picture of a young girl sitting with her father and two children; one sitting in a yellow bucket, the…

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Cosmos Product Lead Says Ethereum Layer-2s Are Not the ‘Holy Grail’ of Scaling
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Cosmos Product Lead Says Ethereum Layer-2s Are Not the ‘Holy Grail’ of Scaling

It’s not all efficiency and solving trilemmas when it comes to Ethereum layer-2s. Susannah Evans, a product lead behind the Inter-Blockchain Communication (IBC) protocol at the Interchain Foundation, told Decrypt that Ethereum’s layer-2 ecosystem “fragments user and liquidity,” referring to the separation of liquidity pools across various networks with no solution for interoperability. “Layer-2s are no holy grail,” she said.…

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Nvidia Stock Soars Double-Digits Following Revenue Uptick Amid AI Frenzy
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French Authorities Raid NVIDIA Offices Over Suspicions of Anti-Competitive Practices: Report

Graphics card manufacturer NVIDIA saw its two French headquarters, located in Paris and Nice, raided on Tuesday by the Competition Authority, France’s antitrust watchdog. The regulator announced that it had conducted “an unexpected visit and seizure operation at a company suspected of implementing anti-competitive practices in the graphics card sector.” Reports from local media Challenges later indicated that the company…

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