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Solana Labs Launches Bond, a Blockchain Digital Customer Engagement Platform

13.6.2024
Solana Labs announced the launch of Bond, a platform that uses blockchain and cryptocurrency structures to establish links between brands and their customers. Bond will offer different features, including digital collectives, authentication of luxury goods, and digital passports for products,...

Okx Acknowledges Security Incident Involving Judicial Documents Forgery

13.6.2024
Okx, a Seychelles-based cryptocurrency exchange, clarified the information regarding a recent security incident that allowed unidentified criminals to take control of the accounts of a few customers, draining these. In a statement, Okx stressed that a third party had forged judicial documents...

Competitive Pressure Builds for Bitcoin Miners as Hashprice Swings

13.6.2024
Bitcoin’s hashrate experienced an uptick this week, briefly surpassing 600 exahash per second (EH/s) and currently stabilizing at 598 EH/s. The hashprice, which represents the expected value of 1 petahash per second (PH/s) of hashing power per day, is about $57 per petahash. Mining...

Suku partners with Chainlink BUILD to expand Blockchain payment solutions

13.6.2024
Suku links up with the Chainlink BUILD program for speeding up the expansion of the ecosystem and acceptance of blockchain related money transfers, internationally. This is made possible through receiving connectivity with Chainlink’s oracle solutions and technical backing. In return, SUku will...

Hong Kong Spot ETFs Secure $1.96B in Bitcoin, $26M in Ether

13.6.2024
Since the spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong began trading on April 30, they have accumulated $1.96 billion in bitcoin and $26.74 million in ethereum. Hong Kong’s Spot Bitcoin and Ether ETFs See Modest Growth Hong Kong’s spot bitcoin and ether ETFs...

Shiba Inu poised for major bull run, predicts crypto analyst Coach K

13.6.2024
A recent survey on social media platform X revealed that Coach K, a cryptocurrency expert and technical analyst based in Bangkok, expects a bright future for Shiba Inu (SHIB). This meme coin is anticipated to begin a major uptrend soon. This forecast comes at a crucial time for SHIB since...

Terraform Labs settles SEC charges for $4.47B

13.6.2024
One of the biggest collapses in the history of cryptocurrency is finally ending, and Terraform Labs is willing to pay the SEC $4.47 billion. The SEC requested a federal judge in the Southern District of New York to accept the settlement. The new development comes two months after a judicial...

Curve Token Falls 20% As Founder Faces Liquidation

13.6.2024
The news about Michael Egorov, the founder of Curve.fi’s Decentralized Finance platform, going bankrupt has dramatically impacted the cryptocurrency markets. This event, in particular, is directly attributable to the CRV token due to Egorov’s non-payment of his $27 million debt. Therefore, there...

US Spot Bitcoin ETFs Reverse Outflows With $100M Inflows

13.6.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced inflows on Wednesday, following two consecutive days of outflows. The 11 ETFs trading in the United States amassed $100.9 million, with Fidelity’s FBTC leading the way. Fidelity’s FBTC Tops Bitcoin ETF Inflows With $51M...

zkSync faces criticisms for anti-Sybil measures in token distribution

13.6.2024
zkSync is attracting criticism from across the industry. Many are saying that the layer-2 scaling solution based on Ethereum lacked sufficient measures against Sybil attacks. Allegations have come at a time when zkSync has its focus on token airdrop. The allegation is that while it has listed seven...

Toncoin (TON) eyes $10 after hitting a new ATH

13.6.2024
Toncoin recently breached the milestone of $7.64, which has triggered speculation about a new level of $10. While a tentative timeline has not been drawn, it is expected to happen anytime soon. Two important factors—the golden cross pattern and the growth of the network—support this. TON’s...

Chainlink CCIP presently activated on Gnosis

13.6.2024
Chainlink CCIP, a benchmark for blockchain interoperability services, will offer builders on Gnosis safe and user-friendly connectivity for creating applications with various facilities. These include the exchanging of messages, as well as the shifting of tokens and facilitating activities...

Terraform Labs to Dissolve After SEC Settlement, CEO Announces

13.6.2024
Following a settlement with the U.S. Securities and Exchange Commission (SEC), Chris Amani, who succeeded Do Kwon as the CEO of Terraform Labs, disclosed that the blockchain firm is set to dissolve. Terraform Labs Set to Close Doors Post-SEC Settlement Blockchain startup Terraform Labs...

Cardano’s slight recovery brings optimism ahead of Chang Hard Fork

13.6.2024
Cardano is preparing for the Chang Hard Fork upgrade. It is slated to happen by the end of this month, that is, June 2024. Once live, the upgrade will essentially strengthen the decentralized nature of the governance model of Cardano. It will do so with the implementation of CIP-1694. Also,...

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