Zcash (ZEC) reached a price of $1,280, but a dispute over million-dollar community grants has triggered a significant whale exodus. Large holders appear to be selling or exiting positions amid the governance fight over how grant money is allocated. Traders should watch ZEC for further volatility, since whale outflows can pressure price even after a strong run.
HTX, the exchange linked to Justin Sun, has exited the UK after the FCA obtained a court order and reached a settlement with Huobi Global..
Protos
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2D
Tether froze $971 million in USDT tied to a suspected Binance hack, according to Crypto Briefing.
Crypto Briefing
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A hacker tied to the Binance breach dumped FUN, a little-known 2017 token, along with other smaller tokens into thin markets.
CoinDesk
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NYSE owner ICE is bringing Hyperliquid to the US market, drawing reactions from Elon Musk and a Wall Street billionaire.
BeInCrypto
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Reports of a potential multi-billion dollar hack at Binance are pressuring crypto markets, with prices sliding across the board.
CoinDesk
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Wall Street analysts at Cantor Fitzgerald, TD Cowen and Compass Point are telling investors to buy crypto stocks despite a $6.3 billion..
CoinDesk
10
1D
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