China News Daily TheBitTimes.com

North America’s first spot XRP exchange-traded fund (ETF) is recording bullish returns despite recent volatility in the broader cryptocurrency market. The Evolve Funds Group Inc. Evolve XRP ETF (XRP.U), listed on the Toronto Stock Exchange, closed Tuesday’s session at $13.53, up 3.20% on the day. Since debuting on June 18, the ETF has surged 37.64%. Evolve XRP ETF price chart. Source: TradingView Notably, Canada’s pioneering spot XRP ETF followed Brazil’s Hashdex product, making it the world’s second spot XRP ETF. Like its Brazilian counterpart, the Canadian fund initially faced headwinds as XRP prices wavered. For investors, the Evolve ETF is available in multiple versions, including a CAD-hedged (XRPP) and a CAD non-hedged (XRPP.B) version, with management fees capped at 0.89%. Meanwhile, as the ETF posts strong gains, attention is shifting to U.S. regulators and the progress of multiple applications for a similar product. To this end, interest has accelerate...

“On the table is a bounty equivalent to 10% of users’ funds taken from them by your hack,” said KyberSwap to its hacker in an on-chain message. The decentralized exchange KyberSwap has offer ed a 10% bounty reward to the hacker who stole $46 million on Nov. 22 and left a note of negotiation. The exchange wants 90% of the loot return ed by 6 am UTC on Nov. 25. On Nov. 23, KyberSwap alerted users that its liquidity solution, KyberSwap Elastic, was compromised and advised them to withdraw funds. In the meantime, on Nov. 22, the hacker made away with roughly $20 million in Wrapped Ether (wETH), $7 million in wrapped Lido-staked Ether (wstETH) and $4 million in Arbitrum (ARB) tokens. The hacker then siphoned the loot across multiple chains, including Arbitrum, Optimism, Ethereum, Polygon and Base. KyberSwap hacker shared his openness to negotiate a compromise. Source: etherscan.io After hiding the stolen funds, the hacker wrote an on-chain message directed to KyberSwap developers, emplo...

For months, the crypto markets, spearheaded by Bitcoin (BTC), languished in a constrained and subdued trading range, lacking significant catalysts.  However, a paradigm shift unfolded in the past month, fueled by renewed optimism. The resurgence stems from mounting confidence that US regulators may greenlight the inaugural spot Bitcoin exchange-traded fund (ETF) – perhaps even before the end of 2023.  This newfound positivity propelled BTC beyond $37,000 last week, marking its first ascent above that threshold since April 2022.  Crucially, alongside this resurgence of optimism came a resurgence of liquidity, historically indicative of impending significant bull markets. Crypto market adds $600 billion in liquidity in a year Cryptocurrency This cryptocurrency has tripled its market cap in 2 months Cryptocurrency ‘Rich Dad’ R. Kiyosaki: Protect yourself from Central Bankers by saving Bitcoin Cryptocurrency Over 60,000 B...