Sam Bankman-Fried – the founder of the now-defunct crypto exchange FTX, once celebrated as the “poster boy” of crypto, is embroiled in a multi-billion dollar scandal involving the misuse of company assets for political donations. Emails uncovered by The Wall Street Journal (WSJ) point to extensive involvement of the convicted exec’s family that could potentially...Read More
On July 5th, Bitcoin fell below $54,000, experiencing a decline of over 6% in the past 24 hours due to increasing bearish pressure. The market downturn intensified after Mt. Gox, an early cryptocurrency exchange that went bankrupt over a decade ago, started to repay its customers following a lengthy bankruptcy process. The latest downturn has...Read More
[PRESS RELEASE – Road Town, Tortola, British Virgin Islands, July 5th, 2024] GoMining, a premier Bitcoin mining operator redefining the industry’s accessibility through their innovative NFTs, each backed with a real share of BTC hashrate, has revealed the upcoming listing of the GOMINING token on the HTX crypto exchange. GOMINING, the utility token of the...Read More
[PRESS RELEASE – Tokyo, Japan, July 5th, 2024] $DOP, the token of the Data Ownership Protocol (DOP) will be available for trading in 7 major cryptocurrency exchanges such as Bybit, Kucoin, HTX, Bitfinex, Gate.io, MEXC, and WhiteBIT, starting July 5th, 2024. The Data Ownership Protocol clarified that on Bybit, the token will be listed as...Read More
Meme coins revived the altcoin market, as many of them pulled off price pumps when Bitcoin crossed the $60,000 mark over the weekend. Even Shiba Inu and Dogecoin, predicted to crash in June, have gotten favourable predictions from analysts. However, while several altcoins are just entering their price recovery phases, a new DeFi token is...Read More
German Member of Parliament and Bitcoin advocate Joana Cotar has called on the government to halt its rapid Bitcoin sell-offs. Cotar argued that it is neither “sensible” nor “productive” and believes that Bitcoin should be adopted as a strategic reserve currency to safeguard against economic instability. Joana Cotar Criticizes German Bitcoin Sell-Offs In a July...Read More
The defunct cryptocurrency exchange Mt Gox has finally commenced creditor repayments ten years after filing for bankruptcy. According to an announcement from the Mt Gox Rehabilitation Trustee, the defunct estate distributed bitcoin (BTC) and Bitcoin Cash (BCH) payments to some creditors on July 5 through designated crypto exchanges linked with the repayment plan. Mt Gox...Read More
[PRESS RELEASE – Zurich, Switzerland, July 5th, 2024] Gamma Prime is the next-generation protocol for tokenizing real yield strategies from the top global market makers and funds. The regulatory-compliant L1 introduces new yield primitives with complete composability and interoperability. By creating the first protocol for authentic yield generation in DeFi, Gamma Prime democratizes access to returns across...Read More
[PRESS RELEASE – Hong Kong, HK, July 5th, 2024] Zero-Knowledge EVM blockchain Cronos zkEVM has announced the launch of its Pioneer Program. The initiative allows early users to earn points for their activity on Cronos zkEVM and for interacting with specific dapps. The Pioneer Program has been designed to incentivize the Cronos community and reward...Read More
[PRESS RELEASE – Hamilton, Bermuda, July 5th, 2024] HashKey Global, a licensed digital asset exchange, proudly announces its first profitable month and its ranking among the top 10 global exchanges on Coingeckoas of the date of this release. This milestone marks HashKey Global as one of the fastest-growing digital asset exchanges in the world in...Read More
Around 18,000 Bitcoin options contracts will expire on July 5 with a notional value of around $1 billion. However, this week’s expiry event is much smaller than the big end-of-quarter contract expiry last Friday. Bitcoin Options Expiry Today’s batch of BTC derivatives has a put/call ratio of 0.65, meaning that almost twice as many long...Read More
Ethereum price fall breaks under crucial supports and the $3,000 mark as the crypto market collapses. Will the downfall hit $2,600 this Sunday? With a bullish end last Sunday and a 1.75% jump, Ethereum holders did not expect a crash this week. However, with the release of the Mt. Gox Bitcoin payout, the crypto market...Read More
Asset management firm Bitwise has amended its S-1 registration with the United States Securities and Exchange Commission (SEC) to list and trade shares of a spot Ether exchange-traded fund (ETF). This follows SEC Chair Gary Gensler’s statement that the commission might finalize approvals for spot Ether ETFs by summer 2024, with some analysts anticipating it...Read More
