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Mt Gox to Start Distributing $9 Billion in Bitcoin to Creditors in July After Decade-Long Wait
24.6.2024
On Monday, June 24, 2024, the Mt Gox bankruptcy trustee declared that reimbursements are slated to commence at the start of July. The trustee explained that disbursements will be made in bitcoin and bitcoin cash and sent to designated exchanges. After Ten Years, Mt Gox Trustee Announces July Start...
Japan’s Metaplanet plans 1B yen bond sale to buy more Bitcoin
24.6.2024
If it could buy the Bitcoin today, Metaplanet’s total Bitcoin holdings would be 241 Bitcoin, worth around $15 million
Top 10 TON Chain Coins Reach $20 Billion in Combined Value
24.6.2024
Over the past month, toncoin (TON) has appreciated by 18.4% against the U.S. dollar, achieving a new all-time high last week. Current data indicates that the top ten TON chain coins, including TON, have a combined value of more than $20 billion. Gaming and Meme Tokens Drive TON’s Market...
Next billion dollar meme coin? MMTR starts its journey to ten figures
21.6.2024
Since its highly anticipated listing, MMTR has been a hot topic in the meme coin market. Despite facing the typical volatility accompanying any new crypto, MMTR is quickly becoming an exciting player. With its recent listing on MEXC and Uniswap on 29th May, following a successful $7.7 million...
UK Crackdown: Illegal Crypto Exchange Operators Arrested in £1 Billion Trading Bust
21.6.2024
The UK Financial Conduct Authority (FCA), in collaboration with the Metropolitan Police Service, conducted an operation leading to the arrest of two individuals, aged 38 and 44, suspected of running an illegal crypto asset exchange. It is believed that over £1 billion of unregistered crypto assets...
Holograph Begins Process to Remove 1 Billion Illegally Minted Tokens, Burns 53 Million HLG
20.6.2024
The recently hacked tokenization platform, Holograph, has unveiled a token-burning process to eliminate one billion illegally minted HLG tokens. The Holograph team stated that this process, which has resulted in the burning of more than 53 million tokens so far, is expected to reduce the total...
Apple Could Be Fined A Billion Dollars A Day
19.6.2024
Back in March, the European Union brought in new rules that were designed to stop companies like Apple and Google from blocking third-party companies running their own in-app item stores. This was supposed to carve a path for games like Fortnite to be able to return to mobile, now they could...
JPMorgan Questions Sustainability of $12 Billion Crypto Inflows
18.6.2024
JPMorgan analysts have raised concerns about the sustainability of the $12 billion year-to-date inflow into crypto assets, given the current high bitcoin prices relative to production costs and gold. The substantial inflows this year have been primarily driven by spot bitcoin exchange-traded funds...
US-Listed Bitcoin Miners Hit Record Market Cap of $22.8 Billion, JPMorgan Says
17.6.2024
As of June 15, U.S.-listed bitcoin miners have reached a record market capitalization of $22.8 billion, according to global investment bank JPMorgan. This surge is led by significant gains in stocks like Core Scientific, Terawulf, and Iren. The overall sector market cap has increased by 24% since...
Crypto startup funding eclipses $100B
16.6.2024
The $100 billion mark took just 10 years with the bulk raised since the COVID-19 pandemic
Holograph Compromised: HLG Value Plummets as Hacker Illegally Mints 1 Billion Tokens
14.6.2024
On June 13, an unidentified hacker minted one billion HLG tokens by exploiting vulnerabilities in the Holograph operator smart contract. The Holograph team has patched the initial exploit and is collaborating with exchange partners to freeze the affected accounts. A decentralized finance researcher...
Investors Pull Nearly $11 Billion in BTC and ETH From Major Exchanges in 30 Days
14.6.2024
According to the latest data, from April 1 to June 1, 2024, Coinbase experienced an outflow of more than 40,000 BTC. In the past 13 days, an additional 10,889 BTC, valued at $726 million, has exited the San Francisco crypto exchange. Further analysis reveals that since May 13, approximately $7.05...
Holograph fell 80% in 9 hours after exploiter mints 1B additional HLG
14.6.2024
The 1 billion HLG tokens were worth $14.4 million at the time of the first mint, Etherscan data shows
HLG Down Over 60% as Exploiter Mints 1 Billion New Tokens
13.6.2024
The team behind the Holograph (HLG) said they have patched the exploit and is working with centralized exchanges to freeze accounts affiliated with the exploiter
Study: Ordinals and Runes Reach $1 Billion Market Cap
13.6.2024
In a significant milestone for Bitcoin-based non-fungible tokens (NFTs), the combined market capitalization of popular collections such as Ordinals and Runes has surged past $1 billion, according to Coingecko. This growth is underscored by increasing trading volumes and user adoption, signaling...
Bitcoin whales scoop $1.4B in 24 hours this week amid market correction
13.6.2024
The huge and sudden uptick in Bitcoin whale accumulation came as Bitcoin supply on exchanges fell to its lowest level since December 2021
Crystal Intelligence Report Reveals $19 Billion Lost in Crypto Crimes Over 13 Years
12.6.2024
In a comprehensive new report, Crystal Intelligence, a blockchain analytics firm, details a significant $19 billion in losses due to cryptocurrency crimes over the past thirteen years. The study covers a timeline from June 19, 2011, to March 6, 2024, and delves into the various types of criminal...
Meme Coin Economy Gains $4 Billion Capital Injection Ahead of Fed Meeting
12.6.2024
The meme coin economy is thriving on Wednesday, ahead of the U.S. Federal Reserve meeting, as the sector saw nearly $4 billion injected over the last 12 hours. Several meme tokens experienced substantial gains, with BENJI rising 36.9%, MAGA increasing 23.2%, and the runes-based DOG gaining 22.1%....
Polygon launches Community grants worth a billion in 10 years
12.6.2024
Over 10 years, the community grants scheme has released 1 billion, and presently, 35 million in MATIC for Polygon and Ethereum projects. All of this is in aid of the developer groups. The initial season about the scheme will entail the release of 3 million MATIC, with the grants being supervised...
Crypto hacks soar to $19B in 13 years: Crystal Intelligence
12.6.2024
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud