Hello NWC Fam. Let's take a look at a few highlights together.

26 Sep 2023, 10:50

Hello NWC Fam! Let's take a look at a few highlights together. ✧ According to several posts on the social media platform X written by Tron founder Justin Sun, the crypto exchange HTX (formally Huobi) was hacked for 5,000 ether. Despite the loss, Sun contends that user funds on the exchange are safe and the “platform is operating completely normally.” ✧ Blockchain metrics indicate that an Ethereum-linked address tied to co-founder Vitalik Buterin transferred 400 ETH to Coinbase on September 24. Spotonchain’s data shows that over a ten-day stretch, Buterin’s address funneled a cumulative 2,421 ETH to mainstream exchanges. ✧ The U.S. Securities and Exchange Commission’s former head of internet enforcement has called on the U.S. Department of Justice (DOJ) to prosecute more crypto firms. “The stark reality is that the SEC is merely a civil enforcement agency. And until crypto-grifters face the threat of DOJ prosecution (i.e. prison time), they will continue to treat SEC enforcement-related risks … as the cost of regulatory arbitrage and just another liability item on their balance sheets,” he stressed. ✧ In 2023, there’s been a marked uptick in activity from so-called ‘sleeping bitcoins’ that date back to 2012. After eight transactions totaling 520 BTC from 2012 spent four days ago, an address from 2012 moved 149.99 BTC at block height 809,204 on Sunday afternoon. The wallet, dormant for more than 11 years, began with a value of $853. Today, the cache’s value has surged to a significantly larger net worth of $3.93 million. The following day, an address established on the identical date as the prior 2012 transaction shifted 157.66 BTC in the wee hours of Monday. #JustinSun #Huobi #VitalikButerin #Ethereum #SEC #BTC