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Fortune 100 companies set record high in blockchain and crypto initiatives in Q1 2024
13.6.2024
Fortune 100 companies have stepped up their involvement in cryptocurrency, blockchain, and web3 initiatives by 39% from the corresponding period of last year in the first three months of 2024. This increase signifies a new record in corporate participation that enhances these advanced technologies....
Swiss Regulator Shutters Crypto-Linked FlowBank, Begins Bankruptcy Process
13.6.2024
FINMA announced Thursday that FlowBank’s minimum capital requirements were found to have been “significantly and seriously breached.”
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...
White House Expected to Nominate CFTC Commissioners to FDIC, Treasury Roles: Reports
13.6.2024
The White House is expected to nominate Commissioner Christy Goldsmith Romero as the next Federal Deposit Insurance Corporation Chair media outlets have reported
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...
Crypto Markets Have Seen $12B of Net Inflows This Year, JPMorgan Says
13.6.2024
Most of the $16 billion inflow into spot bitcoin ETFs since their launch likely came from existing digital wallets on exchanges, the report said
Bitcoin price tracks $68K as 'chicken' crypto market shrugs off US PPI
13.6.2024
Bitcoin and altcoins are unmoved by a significant inflation slowdown, as shown in the latest U.S. macro data
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...
Terraform Labs ends operations, Terra community takes over
13.6.2024
Terraform Labs ceases operations after a $4.47 billion settlement with the SEC, transferring control of the Terra blockchain to the community
Hidden Road partners with Bitfinex after Bybit KYC issues
13.6.2024
After halting support for BybBit’s crypto services in May 2024, Citadel-backed Hidden Road inked a new crypto partnership with Bitfinex exchange
Zero-knowledge Manta Network launches $50M ecosystem fund
13.6.2024
Early-stage projects building on Manta Network can receive up to $50,000 in grants
May crypto investments hit $1B driven by Notcoin launch — KuCoin
13.6.2024
KuCoin Research believes that the low float, high FDV trend in crypto led investors to other options like Notcoin, which had all its tokens circulating during launch
Australia's Treasury to Include Stablecoin Rules in Crypto Bill Draft, ASIC's Warning For Crypto Entities
13.6.2024
Australia's regulators have provided rare updates on their plans for the digital assets sector, including plans to introduce a draft framework for stablecoins and hinted that more enforcement is on its way against unlicensed entities during an event in Sydney on Wednesday
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
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
Inverse futures contract, explained
13.6.2024
Inverse futures contracts are a type of derivative where traders use the underlying cryptocurrency (like Bitcoin) as collateral but settle profit/loss in a stablecoin (like USDT)
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...
Curve Finance soft liquidation works, but CRV plunges 28%
13.6.2024
Curve Finance’s LLAMMA successfully handled liquidation during a hack attempt, but CRV token fell by 28%, sparking concerns in the DeFi community
Memecoins are a ‘cornerstone’ of crypto: Galaxy’s Novogratz
13.6.2024
Galaxy Digital CEO Michael Novogratz has hailed memecoins as the “most powerful narratives out there” but others in the crypto industry are not so confident
Bitcoin 92-day consolidation is setting up a ‘massive’ rally — Traders
13.6.2024
Bitcoin is now trading in its “longest” consolidation period, but the longer the consolidation, the “larger the expansion,” according to traders