With spot Ethereum ETFs on the horizon in the United States, should existing Bitcoin ETF holders split their crypto holdings into ETH? In a Twitter thread on Thursday, Bitwise CIO Matt Hougan offered three reasons for why this might be a good idea. Why Bitcoin Holders Should Buy Ethereum The first, Hougan wrote, is for...Read More
Circle CEO Jeremy Allaire has stated that stablecoins could account for 10% of “global economic money” within the next decade or so. Allaire shared his vision in a June 19 X post, revealing the biggest reasons he’s “more optimistic” about crypto and stablecoins than ever before. Stablecoins Could Revolutionize Global Economy Allaire noted that stablecoins,...Read More
Crypto exchange Kraken says it got its money back from the “security researchers” that took $3 million from the platform this year. “Update: We can now confirm the funds have been returned (minus a small amount lost to fees),” tweeted Nick Percoco, Chief Security Officer for Kraken, on Thursday. Kraken Gets Its Money Back Though...Read More
[PRESS RELEASE – Zug, Switzerland, June 20th, 2024] Aleph Zero announces significant ecosystem advancements: the first EVM-compatible ZK-Privacy Layer capable of generating zero-knowledge proofs in under one second on consumer-grade devices and zkOS, a product suite for seamless integration of on-chain privacy into various Web3 applications. The Aleph Zero Foundation is excited to announce the...Read More
The decentralized layer-1 blockchain, The Open Network (TON), has grown into one of the most popular chains and is seeing high activity as users flock to the ecosystem. A CryptoQuant Quicktake by an analyst revealed that the network’s on-chain metrics are skyrocketing, with its daily transfer volume reaching 10% of Bitcoin’s figures. These parabolic metrics...Read More
The market may have lacked luster, but investors are comfortably sitting on substantial piles of profit. Data suggest that profits are heavily focused on large-cap tokens and meme coins, while altcoins have taken a backseat. The latest findings by IntoTheBlock revealed that Bitcoin (BTC) leads the pack with 89.11% of its holders currently sitting in...Read More
[PRESS RELEASE – Palo Alto, United States, June 20th, 2024] Multi-year agreement combines Aptos’ blockchain technology and Web3 onboarding guidance provided by Aptos Labs with NBCUniversal’s globally recognized media and entertainment brands. Aptos Labs today announced a long-term strategic development agreement with NBCUniversal aimed at revolutionizing fan experiences, loyalty and gaming through blockchain technology and...Read More
[PRESS RELEASE – Petah Tikva, Israel, June 20th, 2024] Bring web3, a pioneering player in the cryptocurrency space, is thrilled to announce the successful expansion of its funding to further develop its platform and to boost its increasing cycle of strategic partners. Bring, the first white-label crypto cashback provider today announced completion of a 1.1...Read More
Cryptocurrency investors have shown extreme levels of fear and uncertainty toward bitcoin (BTC) over the past month. According to on-chain data analysis firm Santiment, this extended period of negativity is unusual and could signal a potential buying opportunity for those who can endure the market’s inherent volatility. Record FUD Levels and Whale Accumulation Many investors...Read More
[PRESS RELEASE – ZUG, Switzerland, June 20th, 2024] Supra, a fully vertically integrated Layer-1 blockchain equipped with Multi-VM support, in-protocol oracles, onchain randomness, bridges, and automation, is expanding their oracle protocol’s price feeds catalog to cover real world assets (RWAs) including FX currencies, equities, commodities and more. With the launch of RWA price feeds, Supra...Read More
With investors eagerly anticipating a much-needed rebound in the price actions of the crypto market, Cardano (ADA) and Ripple’s XRP have emerged as two of the most prominent altcoins experiencing heavy trader shorting after a brief respite. This activity comes amidst mild hints of a rebound in their prices. Heavy Shorting on ADA and XRP...Read More
Two new listings will be available to trade on BitMEX, with up to 10x leverage: ZROUSDT (LayerZero) and TREMPUSDT (Doland Tremp). Trading is expected to commence at 04:00 UTC on 21 Jun 2024. For the lowdown on the latest listing, read on. If you haven’t signed up for a BitMEX account yet, we’re currently offering...Read More
Bitcoin’s price has been trapped within a tight range after its drop from $70,000. However, this prolonged market downturn has failed to deter investors from stacking up the world’s largest digital asset. One such whale, known for strategically selling at price highs, has now bought $395 million worth of BTC. First Bitcoin Purchase After 1.5...Read More
[PRESS RELEASE – Los Angeles, CA, June 19th, 2024] Omnichain tokenization protocol Holograph has announced a technical partnership with web3 cybersecurity specialist Halborn. The collaboration will see Halborn engaged to provide regular audits with a view to reinforce protocol security. The appointment of Halborn follows a recent incident in which a malicious attacker was able...Read More
Leading cryptocurrency exchange Kraken’s chief security officer Nick Percoco has revealed that an undisclosed white-hat hacker group has refused to return digital assets worth roughly $3 million, which they stole from the platform’s treasury by exploiting a bug in its system. In a series of X posts, Percoco said the security researchers are demanding that...Read More
The analyst/host of The House of Crypto took to his latest video and said that there’s potential for a massive bounce back for altcoins, particularly as Bitcoin dominance appears to be declining. Historically, this has signaled the onset of an altcoin season. He discusses specific altcoins that are currently rebounding and explores the broader market...Read More
