ImportantPANews
Du Jun: Due to Frequent Security Incidents, Many Family Offices Have Converted BTC to IBIT or Physical Gold
Du Jun posted on platform X stating: "The family offices that I previously advised to allocate BTC and ETH have, after experiencing centralized exchange heists and cold wallet supply chain security incidents, successively converted their BTC holdings to IBIT. A portion of them have even sold their crypto assets to purchase traditional assets such as physical gold. I no longer know how to persuade them, and this situation appears to have no viable resolution."
- #ETF
More flash news
View allWhale Spent $2.61 Million Bottom-Fishing UNI and PEPE This Morning, Secures $270,000 Profit in 5 Hours
On-chain monitoring shows that whale address "wenyu8888888" executed bottom-fishing purchases of UNI and PEPE following a panic-driven market decline triggered by hacker sell-offs earlier this morning, generating $270,000 in profit within 5 hours. At approximately 7 AM, the whale spent 2.61 million USDC to acquire 297.9 billion PEPE and 208,000 UNI, and transferred all of these tokens to Gate 20 minutes prior, with the total position valued at $2.88 million.
Kraken: Platform connectivity and order placement malfunctions have been resolved
Kraken's status page indicates that the platform has resolved the connectivity and order placement malfunctions that affected spot and derivatives users accessing the service via web, mobile applications, and the REST, WebSocket, and FIX interfaces earlier this morning.
Ethereum Spot ETFs Recorded Total Net Outflow of $105 Million Yesterday, Extending Net Outflow Streak to 4 Consecutive Days
Per SoSoValue data, the total net outflow of Ethereum spot ETFs reached $105 million yesterday (October 29, Eastern Time). The Ethereum spot ETF with the highest single-day net inflow yesterday was Fidelity's FETH, which recorded a single-day net inflow of $2.9018 million, bringing its total historical net inflow to $2.427 billion to date. The Ethereum spot ETF with the largest single-day net outflow yesterday was BlackRock's ETHA, which posted a single-day net outflow of $71.6792 million, with its total historical net inflow standing at $11.946 billion as of present.
Total net inflow of Bitcoin spot ETFs reached $17.0719 million yesterday, marking 4 consecutive days of net inflows
Per SoSoValue data, the total net inflow of Bitcoin spot ETFs stood at $17.0719 million yesterday (October 29, Eastern Time). The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock's IBIT, recording a single-day net inflow of $12.7974 million, bringing IBIT's total historical net inflow to $66.544 billion. The second highest was Fidelity's FBTC, with a single-day net inflow of $10.5339 million, and FBTC's total historical net inflow currently stands at $10.374 billion.
Mask Network: Three Leak Incidents in One Week Did Not Result From Blockchain Compromise, Calls for Reflection on Data Hoarding Issues
Mask Network posted on the X platform stating that three leak incidents occurred within one week, involving a vendor, a bank, and an engineer's laptop respectively, and none of these incidents were caused by a compromise of the blockchain itself. Mask Network noted that large volumes of personal data are stored in locations that are easy targets for attacks. Instead of debating how to protect all data, it is more meaningful to first question why such large volumes of data are collected in the first place. It argues that the most secure data is likely data that no one hoards.
