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Ethereum co -founder Vitalik Buterin saw his cryptocurrency holdings surge in value by over $57 million in a single day, according to data gathered from blockchain analytics platform Arkham Intelligence. The platform reported that the assets held in Buterin’s publicly known addresses grew from $468 million on November 9 to $525 million on November 10, an increase of over 12% in 24 hours. Of Buterin’s $525 million in holdings, $518 million is in Ethereum (ETH). This means the one-day growth is almost entirely attributed to the appreciation of ETH. This Ethereum rally was presumably fueled by major ETF news from asset management giant BlackRock. On Nov. 9, filings revealed BlackRock is laying the groundwork for a potential spot Ethereum ETF. You might also like: BlackRock prepares to file spot Ether ETF The filings, posted on the Delaware Department of State’s website, indicate BlackRock is considering proposing an Ethereum ETF to the U.S. Securities ...

Delphi Digital co-founder Kevin Kelly believes a recent change in a key U.S. manufacturing business index could be one of the bellwethers for a crypto bull run. Several on-chain metrics and charts are showing signals that could hint at the beginning of a new crypto bull market cycle, according to the co -founder of Delphi Digital. On Aug. 14, institutional crypto research firm Delphi Digital's Kevin Kelly said that crypto markets are cyclical and predictable which “has huge implications for the crypto market going forward.” "Evidence is piling up that we're in the early stages of a new cycle. Risk assets like stocks [and] crypto have been sniffing this out all year." Kelly also shared an Aug. 8-dated chart by Delphi Digital, highlighting that Bitcoin follows four-year cycles with distinct patterns that have reliably repeated for the past three cycles — with Bitcoin suffering an 80% drawdown in the first year, recovering to prior highs over two years, before rall...

Terraform Labs co -founder Shin Hyun-Seong aka Daniel Shin has reportedly been indicted by prosecutors in South Korea. The indictment comes just a day after the Seoul Southern District Court dismissed securities violation charges that were filed against Shin by local prosecutors for his role in the collapse of Terra last year. According to a report by Reuters, Daniel Shin was indicted for multiple charges including fraud, illegal trading, and violation of the capital markets law. In a press briefing earlier today, the Seoul Southern District Prosecutors’ Office revealed that it has frozen assets worth 246.8 billion won ($187.7 million) in connection with the case. All of the charged individuals are directly linked to Terraform Labs. These people reportedly held different roles at the firm including marketing, systems development, and management. The South Korean officials further revealed that the charged individuals took 463 billion won in profit before the firm collapsed...