News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
1Bitget Daily Briefing (Oct 21) | Four Crypto ETPs Listed on London Stock Exchange; All Three Major US Stock Indexes Close Higher2Who is the real "controller" behind the evaporation of $1.9 billion?3Crypto Market Prediction: Ethereum (ETH) Is Back, Bitcoin (BTC) Breaks Bears at $110,000, Shiba Inu (SHIB) Ramp Deletes Zero
Flash
- 11:52STBL founder denies team’s connection to wallets with huge profits, calls related allegations FUDChainCatcher reported that in response to concerns raised by blockchain analytics platform Bubblemaps regarding "five interrelated wallets in the STBL token accumulating profits of approximately $17 million," STBL founder Avtar Sehra stated that these wallets have no connection with the project team. He explained that both on-chain records and independent analyses confirm that these five addresses were already active before STBL was launched and are typical opportunistic traders. Sehra emphasized that this is not a case of "team dumping," but rather market manipulation by external participants. Bubblemaps later clarified that the related wallets have no association with the STBL team or insiders, and that both the project contract and team wallets can be publicly verified on-chain.
- 11:46CoinMarketCap: Scammers are impersonating customer service representatives to contact users and attempt to steal their private keys or seed phrases.ChainCatcher news, CoinMarketCap has issued a warning on social media stating that scammers are impersonating its customer service representatives to contact users and attempt to steal private keys or mnemonic phrases. The platform emphasized that CMC does not have a phone number and will never proactively call users.
- 11:46Argo's largest creditor Growler Mining will take over the mining company through a debt-to-equity swap.ChainCatcher reported that Growler Mining, the largest creditor of crypto mining company Argo Blockchain, will take over the company through a "debt-to-equity swap," with existing shareholders retaining only a very small proportion of shares. According to restructuring documents submitted under the UK Companies Act, Growler will convert approximately $7.5 million of secured loans into equity and inject new capital in exchange for 87.5% of Argo's equity after restructuring. Holders of Argo's approximately $40 million unsecured bonds will collectively receive 10% of the shares, while original shareholders will retain only 2.5%. The restructuring plan, named "Project Triumph," aims to avoid bankruptcy and maintain the company's Nasdaq listing status.