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Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head it Off
10.6.2024
A piece of legislation with heavy implications for the digital assets sector made it through the Senate Select Committee on Intelligence's funding package recently without most in the industry – and many in Congress – apparently aware of it, but industry insiders consider its chances for survival...
Crypto King reveals an exciting future for Shiba Inu!
10.6.2024
SHIB faced major criticism for being down by -73.84% since its all-time high three years ago, and many critics believe the token will lose its thirteen billion dollar value. Amid the market divide surrounding Shiba Inu last week, Crypto King took to social media X to refute claims of Shiba...
Base memecoin project Normie fires intern over offensive video
10.6.2024
The video, which had the caption, “Something is cooking in the Normie Labs,” was deemed distasteful
Onchain Alerts Uncover $19 Million Siphoned From Defi Protocol Uwu Lend
10.6.2024
On June 10, the onchain intelligence platform Arkham revealed that the decentralized finance (defi) protocol Uwu Lend may have experienced a potential exploit. Arkham and Cyvers reported that more than $19 million had been siphoned from the lending protocol. Over $19M Drained From Uwu Lend The defi...
Macron Calls Surprise French Election That's Unlikely to Stir Crypto, Is Likely to Shake Up Government
10.6.2024
The French president called a snap election after an unexpectedly poor showing in voting for the European Parliament
Crypto Custody Firm Fireblocks Partners With Coinbase International Exchange for More 'Reliable' Trading
10.6.2024
Fireblocks customers can now connect to their Coinbase International Exchange account and protect exchange operations using the custody tech firm’s governance and policy rules
Double-Digit Gainers and Losers Define a Turbulent Week in Crypto
10.6.2024
At press time on Monday, the global cryptocurrency market is valued at $2.53 trillion, reflecting a 0.89% decline over the last day. In the past week, six tokens have experienced double-digit gains, with the meme coin brett (BRETT) increasing by 65.8%. Meme Coin BRETT Leads Weekly Gains Amidst...
Crypto Mainstream Adoption Has Increased in Recent Months, Canaccord Says
10.6.2024
The broker raised its Galaxy Digital price target to C$23 from C$17, while maintaining its buy rating
UwU Lend hit by $20 million crypto hack
10.6.2024
The ongoing exploit has already netted the attacker nearly $20 million in digital assets
Solana cracks down on validator sandwich attacks
10.6.2024
Sandwiching occurs by placing one order before the transaction and another immediately after, which ensures that retail always gets the worst possible price
Paraguayan Minister Unveils Future Economic Strategy Centered on Bitcoin Mining for Industrial Transition
10.6.2024
Javier Gimenez, from the Paraguayan Ministry of Industry and Commerce, revealed that the government plans to take advantage of the energy sold to legal bitcoin mining operations. Gimenez stated that selling Paraguay’s energy to bitcoin mining companies is part of the government’s strategy, which...
Legendary cryptographer David Chaum on revolutionizing money to combat global inequality — Yat Siu
10.6.2024
Animoca Brands co-founder and chairman Yat Siu believes mass adoption is closer than one may think, and that blockchain gaming will be the catalyst
Bitcoin ETFs, Bankruptcy Paybacks Have Given Crypto Lending a Second Wind
10.6.2024
Crypto lending firm Ledn survived the crypto winter by being "boring, slow and safe," according to a co-founder
Crypto inflows hit $2B in June, Ethereum sees best week since March with $69M
10.6.2024
CoinShares believe the turnaround is due to "weaker than expected macro data in the U.S."
Robinhood’s Acquisition of Bitstamp Expands Its Global Reach: Architect Partners
10.6.2024
Crypto is becoming an increasingly important part of Robinhood’s business, accounting for 20% of total revenue in the first quarter, the report said
Payrolls-Led Bitcoin, Ether Price Swoon Is 'Buy the Dip' Opportunity, Crypto Trading Firm Says
10.6.2024
Markets will increasingly price in at least one Fed interest-rate cut for 2024, QCP Capital said
South Korea labels mass-produced NFTs as virtual assets
10.6.2024
NFTs considered as virtual assets are eligible to receive interest when deposited to exchanges according to the FSC’s guidelines published in 2023
30 Countries Seek to Join BRICS, Russian Ambassador to China Says
10.6.2024
Russian Ambassador to China Igor Morgulov disclosed that approximately 30 countries are interested in joining the BRICS economic bloc in an opinion piece published by the South China Morning Post last week. BRICS welcomed five new members in January: Egypt, Iran, the United Arab Emirates (UAE)...
‘First Citizen’ of Bitcoin City Leaves El Salvador After Waiting Over 2 Years for Its Construction
10.6.2024
Corbin Keegan, a U.S. national who self-proclaimed himself as the first citizen of Bitcoin City, has temporarily left El Salvador after waiting over two years for the state to build the settlement. President Nayib Bukele first announced this infrastructure proposal for Bitcoin City in November...
6 US Banks Face Moody’s Downgrade
10.6.2024
Moody’s has initiated a review for potential downgrades of six U.S. regional banks due to their considerable exposure to commercial real estate (CRE) loans. Moody’s Corporation, established in 1909 and recognized as one of the “Big Three” credit rating agencies along with...