ETH-whale sold 6000 ETHA wallet associated with an Ethereum initial coin offering (ICO) participant sold 6,000 ETH (about $14.1 million at the time). This was reported by the Lookonchain analytics platform team.

Vitalik Buterin donated 100 ETH in support of Tornado Cash co-foundersOn October 5, 2024, Vitalik Buterin converted several memcoins and Tether (USDT) stablecoins into Ethereum. Transactions with these cryptoassets were reported by Spot On Chain specialists.According to analysts, Buterin sold memcoins Moo Deng (MOODENG), Degen (DEGEN), Neiro (NEIRO) and Kabosu (KABOSU). He also exchanged 101,110 USDT for 41.68 ETH. After a series of transactions, the Ethereum co-founder received 140.67 ETH, Spot On Chain noted.

In Australia, police seize $6.4 million in crypto assets after decrypting a suspect's seed phraseIn mid-September, an international Kraken operation took place to stop the activities of the Ghost project. This is a platform for exchanging encrypted messages. Its creator was arrested on September 17. After analyzing his digital devices, the analyst managed to pick up a seed phrase. As a result, the police confiscated crypto-assets worth $6.4 million.

Ex-CEO Celsius faces 115 years in prison.Former Celsius CEO Alex Mashinsky faces a 115-year prison sentence on a combination of charges. This is reported by the Inner City Press project.Mashinsky was arrested on July 13, 2023. He was later released on $40 million bail.Prior to that, the Commodity Futures Trading Commission found irregularities in his work, which may have led to the collapse of the company.Mashinsky is charged with seven counts, including market manipulation and fraud. The documents show that the ex-CEO of Celsius faces a total of up to 115 years in prison, causing the exhibits to be sealed.

In Norway, a commune succeeded in shutting down a bitcoin farmIn Norway, residents of the Hadsell municipality faced a sharp increase in electricity prices. This happened due to the closure of bitcoin mining company Stokmarknes Datasenter, against the work of which the local population had long protested, local media reported.
Reportedly, the residents of the municipality were dissatisfied with the increased noise level produced by the data center. They have been demanding the closure of the enterprise for several years. On September 9, 2024, Stokmarknes Datasenter officially ceased operations.
However, it soon became clear that due to the departure of the mining company in Hadsell, electricity rates will increase significantly. We are talking about a 20% price increase, which in monetary terms will amount to between $235 and $280 per year.
The electricity supplier, represented by Noranett, noted that the Datsa Center consumed approximately 80 GW*h annually. That amount is equivalent to the electricity consumption of 3,200 households, the firm noted. Now that the grid operator has lost revenue from the Stokmarknes Datasenter, it is forced to raise residential tariffs.

Circle: Stablecoins will become the main global payment mediumStablecoins could become the world's primary means of payment in the near future, Circle's head of global policy Dante Disparte said. This asset category has every chance of dominating the international financial system, he said in an interview with Cointelegraph.According to the top manager, his company is recording increased interest in stable coins from firms focused on Internet payments and various financial services. This will provide momentum for a new phase of development in the segment, Disparte noted."Circle is confident that stable coins will become the mainstream money of the Internet age," a spokesman for the USDC issuer said.At the same time, the expert recognized that stablecoins need effective and fair regulation rules. The majority of countries in the world should come to a relatively common denominator on this issue, the top manager said.

Binance US has selected Fireblocks to provide cryptocurrency storage and stacking servicesBinance US, the American division of the well-known cryptocurrency exchange, announced a partnership with cryptocastodian Fireblocks. The partnership between the two companies is reported by CoinDesk with reference to the platform's press release.The statement says that Binance.US will utilize Fireblocks' technology to store cryptocurrencies on cold and hot wallets. The custodian will also provide secure deposits and prompt withdrawals of client funds, the company said.Fireblocks will also help the trading platform expand its steaking services for US customers. Binance.US aims to reassure users and regulators that the storage and processing of assets on the exchange meets security and regulatory requirements.

Increase in the number of stablecoins on exchangesExperts at analytics company CryptoQuant said that the number of Tether (USDT) stablecoin holders on cryptocurrency exchanges has been rapidly increasing since August 2024.
Experts also noted that if the trend in the crypto market is unclear or the global economy is in a difficult situation, participants may not use funds to buy assets due to risk aversion.

Brazil's IRS uncovers $180 million worth of cryptomoney thanks to AI assistantBrazil's Federal Tax Service (RFB) said it uses a tool based on artificial intelligence technology to detect financial fraud. With its help, the agency's specialists calculated $180 million worth of violations in the field of cryptoassets.The project is reportedly implemented by the RFB's own efforts. It uses AI algorithms and deep analytics to evaluate incoming tax data. Representatives of the regulator said that it allowed to identify a mass of illegal transactions and tangibly increase the efficiency of verification measures.Thanks to the AI tool, the tax service managed to detect a fraudulent scheme worth $125 million. It involved shell companies that were used to acquire crypto-assets. The AI assistant identified a correlation between suspicious import transactions and money transfers with tax violations.

Buterin spoke about income from his crypto portfolioEthereum co-founder Vitalik Buterin said that he will use the proceeds from his digital assets to support the project's ecosystem. He also intends to sponsor research in various socially important areas.
The programmer made this statement amid controversy about the crypto-assets he owns. Some users of the social network X (formerly Twitter) expressed dissatisfaction with the fact that Buterin periodically transfers or sells his tokens.
Most of the community did not support the statements of these people. In their opinion, the developer is free to do with his digital assets as he sees fit. At the same time, users who spoke in defense of the programmer pointed to the fact that the co-founder of Ethereum actively supports other projects.
Buterin, commenting on the situation, noted that he has not realized the income from the cryptocurrency he received for personal purposes since 2018. All the funds that he transfers or sells, the programmer directs to support developers in the Ethereum network.