Epstein Bitcoin Emails Surface as BlackRock x Binance Team Up
What's good fam,
I think last week was one of those times when, sometimes you wake up, go on crypto Twitter, and immediately regret it.
Apparently, 2024 wasn't weird enough already. Imagine if someone told you a week ago that we'd be reading about Bitcoin meetings at Epstein's place with some of our friends as guests and speakers. Meanwhile, BlackRock and Binance are becoming besties in the usual fashion, and China's still out here dragging the USA by the neck over 13 billion dollars worth of BTC.
Here's what you're getting in today's edition:
- Epstein Emails Reference Bitcoin Meeting With Brock Pierce at Manhattan Mansion
- BlackRock, Binance partner on BUIDL integration and launch on BNB Chain
- Binance Accused of Coordinated POPCAT Market Attack on Hyperliquid
- China Accuses US of Secretly Seizing $13 Billion in Bitcoin
Epstein Emails Reference Bitcoin Meeting With Brock Pierce at Manhattan Mansion
Cryptocurrency entrepreneur Brock Pierce spoke about Bitcoin with former U.S. Treasury Secretary Larry Summers at Jeffrey Epstein’s Manhattan townhouse, according to a series of emails from the disgraced financier’s estate. The exchange, which took place after Epstein’s conviction as a sex offender in 2008, was going to be referenced in an article for New York Magazine in 2015, but the outlet appears to have never published the story that highlighted several of Epstein’s high-profile guests.
BlackRock, Binance partner on BUIDL integration and launch on BNB Chain
The largest tokenized Treasury fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), is extending onto Chain as the world’s largest asset manager and the world’s largest crypto exchange partner. As of Friday, BUIDL, representing over $2.5 billion in invested capital, can also be used as off-exchange collateral for trading on Binance. "This further establishes BUIDL's role as a foundational building block of onchain finance, by enabling the exchange’s global user base of institutional and advanced traders to unlock new efficiencies in capital deployment while maintaining exposure to tokenized Treasuries," Binance and BlackRock wrote in a statement.
Binance Accused of Coordinated POPCAT Market Attack on Hyperliquid
Early yesterday (November 12), a coordinated attack on Hyperliquid resulted in nearly $5M being wiped out from the protocol’s Hyperliquidity Provider (HLP) vault. An anonymous trader used $3M in capital to manipulate the POPCAT market, triggering cascading liquidations. Binance and its founder, CZ, were quickly accused of being behind the attack, with CZ quickly moving to distance himself from the situation, stating, “I have not used any other CEX for 8 years.” HYPE is down -4% today as fear surrounding the situation ramps up, with analysts saying the attack shows that those with deep enough pockets can financially disrupt the Hyperliquid platform.
China Accuses US of Secretly Seizing $13 Billion in Bitcoin
China has reportedly accused the United States of secretly seizing 127,000 Bitcoin worth about $13 billion from the 2020 LuBian mining pool hack, calling it a state-backed cyber operation. However, the US denied the claim, saying the Bitcoin was lawfully seized in a completely separate fraud case. The dispute renewed global concerns over digital asset sovereignty. The US Department of Justice (DOJ) has reportedly countered these accusations. It said the US legally seized the Bitcoin as part of a fraud probe into Cambodian businessman Chen Zhi, who faces allegations of running crypto scams and human trafficking operations across Southeast Asia.
Other Highlights Worth Mentioning
Tether Plans $1.2 Billion Bet on Neura’s Humanoid Robots - 99Bitcoins
US Man Behind $9.4 Million Crypto Ponzi Scheme Learns His Fate in Court - BeInCrypto
Thai-FBI Joint Operation Recovers $432K in Crypto From European Hacker - Crypto Economy
Michael Saylor Denies Bitcoin Sale Rumors, Says Strategy's BTC Buys Are 'Accelerating' - Decrypt
COINIGY FACT OF THE DAY.
On this day in 2020, The Guardian reported Bitcoin had jumped above $17,000, marking its strongest levels in three years amid renewed institutional interest.
Bitcoin, the world’s best-known cryptocurrency, jumped above $17,000 to a three-year high on Tuesday as a growing number of investors backed it as an alternative to other assets. The currency climbed more than 4% to $17,492, its highest level since December 2017 and more than four times higher than the price in March when heavy selling sent its value below $4,000.
COINIGY MEME OF THE WEEK
