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Trader’s acquisition of $1.5M CryptoPunk for $23K raises eyebrows

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A trader acquires a rare Ape-themed CryptoPunk valued at $1.5M for just 10 ETH using a smart contract mechanism that allows a shotgun buyout.

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Zcash co-founder calls to stop funding ‘over $125M’ grants program

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Sean Bowe says ZCG has enough money to keep funding projects and wants its share of new ZEC redirected to a reserve for the network.

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Coin Market

Bloom bot hackers loot $953K faster than you can microwave popcorn

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Bloom pledged to reimburse nine traders after $953,000 was drained from 48 wallets, saying no private keys were accessed or compromised.

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Bitcoin ETFs claw back $110M after $774M exit

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US spot Bitcoin ETFs remained in the red for October, with about $202 million in net outflows for the month despite Monday’s rebound.

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