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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,...
Bitcoin and altcoins react to FED’s rate decision: Latest data on liquidations
13.6.2024
Bitcoin, the poster child of decentralization, is always on the radar of centralized institutions. Despite its decentralized nature, BTC price movements are affected by regulatory changes, affecting the Altcoins that are heavily dependent on Bitcoin. Clarity in regulatory news can often increase...
MicroStrategy plans $500M stock sale to buy more Bitcoin
13.6.2024
MicroStrategy plans a $500 million stock sale to fund additional Bitcoin acquisitions, reinforcing its commitment to BTC as a treasury reserve asset
North Korean cyberattacks on Brazilian fintech firms exposed
13.6.2024
Google Cloud’s report exposes North Korean cybercriminals targeting Brazil’s cryptocurrency and fintech sectors with sophisticated malware and phishing schemes
IO.NET ($IO) soars 47% in 24 hours after Binance listing
13.6.2024
IO.NET, a new decentralized GPU network that provides computing power to its users, launched its Native Token, $IO, which quickly became popular among users. The token has a market cap of $578M and was launched on Mainnet on June 11th. Investors gained 47% in only 24 hours. On June...
UwU Lend faces second hack during $20M reimbursement process
13.6.2024
UwU exploiter strikes again and steals $3.5 million from the lend protocol as they begin the reimbursement process
As UK Elections Approach, Crypto Industry Leaders Turn Attention to Keir Starmer, Labour Party
13.6.2024
With U.K. opinion polls indicating a strong performance by the Labour Party in the July 4 elections, crypto executives and lobbyists are reportedly focusing their attention on party leader Keir Starmer. The crypto industry has also prioritized two other pro-tech Labour Party leaders in its ongoing...
DOMANI connects with Chainlink CCIP, and price feeds
13.6.2024
DOMANI adopts Chainlink CCIP and price feeds to initiate cross-chain bridging of their DEXTF token, allow calculated transformations, and exhibit USD value balances. Chainlink will be responsible for releasing institutional use cases for their protocol. DOMANI, on its part, is...
Uzbek Court Sentences Student to 10 Days in Prison for Crypto Sales
13.6.2024
A 24-year-old Termez State University graduate has been sentenced to 10 days of administrative imprisonment for selling cryptocurrency notcoin. Termez State University is a public institution located in the capital of Surkhandarya province, Uzbekistan. The court found him guilty of violating laws...
Thai Finance Minister Revokes Crypto Exchange Zipmex’s Licenses
13.6.2024
The Securities and Exchange Commission (SEC) of Thailand announced Monday that the Thai Minister of Finance has revoked Zipmex’s digital asset exchange and broker licenses effective May 28, 2024. This decision, which followed the Thai SEC Board’s recommendation, was based on concerns over...
Donald Trump Pledges to Champion Bitcoin Mining in Historic Meeting With Industry Leaders
13.6.2024
Former U.S. President and presidential candidate Donald Trump has engaged with leaders in the bitcoin mining sector, expressing his support for the industry. Trump stressed that bitcoin mining “may be our last line of defense” against a central bank digital currency (CBDC)....
Asia’s Gold Rush: Investors Seek Safe Haven Amid Economic Uncertainty
13.6.2024
Demand for gold in Asia is surging despite high prices, as buyers seek a hedge against geopolitical and economic uncertainty. In Japan, there is currently a strong bullish sentiment on gold. Chinese investors, facing currency devaluation, real estate downturn, and trade tensions, have increased...
Trump vs Biden: Riot’s Morgenstern Highlights Stark Contrast in Crypto Policies
13.6.2024
Brian Morgenstern of Riot Platforms shared his insights on the 2024 election’s impact on bitcoin and the crypto industry, praising former U.S. President Donald Trump’s pro-bitcoin stance and criticizing President Joe Biden’s regulatory measures. Trump promised to protect...
Bill Miller Explains Why Bitcoin Is Still Undervalued
13.6.2024
Bill Miller IV, chairman and CIO of Miller Value Partners, has explained why bitcoin is undervalued despite the cryptocurrency’s recent highs. He emphasized bitcoin’s potential as a revolutionary monetary system superior to fiat currencies, which are subject to human control...
World’s Largest Bank ICBC Sees Bitcoin as Digital Gold — Calls Ethereum ‘Digital Oil’
12.6.2024
The Industrial and Commercial Bank of China (ICBC), the world’s largest bank by total assets, recently compared bitcoin to digital gold and labeled Ethereum “digital oil” in a report. The bank emphasized the roles of these cryptocurrencies in the digital economy and their...
Bitwise Analysis: AI and Crypto Fusion Poised to Elevate Global Economy by $20 Trillion
12.6.2024
Bitwise’s Senior Crypto Research Analyst, Juan Leon, predicts a transformative impact on the global economy as artificial intelligence (AI) and cryptocurrency converge, potentially adding $20 trillion to the global Gross Domestic Product (GDP) by 2030. AI and Crypto —...
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...