What happened in Crypto in the last 12h:
- BlackRock BTC ETF Flow $391M
- $RDNT Was Hacked for $50M
- Robinhood Plans Crypto Futures Market
- Lombard + Binance Labs
- $SEI Launches $fastUSD
- Bitwise Updates $XRP Spot ETF Filing
- $AVAX Avalanche Summit LATAM
- $ACH Plans Alchemy Chain
- $TRB Tellor Layer
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• BlackRock Bitcoin ETF (IBIT) Flow has been increasing for several days. BlackRock $IBIT saw inflow of $391.8m today.
• $RNDT - Radiant Capital was hacked and nearly $50M worth of assets were stolen. While $RDNT has dropped significantly, Bithumb's $RDNT has gained +30% premium since deposits and withdrawals were suspended.
• Robinhood will support crypto futures trading in the coming months, according to Bloomberg. The exact timing of the support was not disclosed.
• Binance Labs announced the investment in @Lombard_Finance. Lombard is a Bitcoin LST platform with $730m TVL.
• $SEI - Sei announced the launch of fastUSD, a native yield-stabilized asset backed by deUSD. $fastUSD will play a key role within the Sei DeFi ecosystem.
• $XRP - Bitwise Files updated $XRP spot ETF S-1 with the SEC. Details on ETF structure, custody arrangements, redemption mechanisms, and more have been fleshed out.
• $AVAX - Avalanche Summit LATAM has begun. They released a opening keynote on the X channel with the Avalanche9000 upgrade.
• $ACH - AlchemyPay announced the launch of L1 AlchemyChain with a Q4 roadmap.
• $TRB - Tellor has released a whitepaper on Tellor Layer, a L1 network based on the Cosmos SDK.