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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...
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...
Stick With Bitcoin, 10x Research Says After Fed Predicts Just One Rate Cut For 2024
13.6.2024
ETF inflows resumed Wednesday as U.S. inflation came in lower-than-expected
Bitcoin miners rise 10% after Trump promises to back US miners
13.6.2024
The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific
OKX investigates multi-million account thefts after SIM swap attacks
12.6.2024
According to SlowMist, despite the two similar phishing incidents, OKX’s two-factor authentication mechanism was not the main vulnerability point
BODEN memecoins briefly spike after Hunter Biden guilty verdit
12.6.2024
Misspelled memecoins referencing the U.S. first family surged after President Biden’s son was convicted of lying about being a drug user when buying a revolver
Dormant Bitcoin wallet moves $536M after over 5-year hiatus
12.6.2024
The Bitcoin whale didn’t even send test transactions before moving their 8,000 Bitcoin
Thai SEC revokes Zipmex’s licenses after failure to comply with orders
11.6.2024
Thailand’s Finance Minister determined the cryptocurrency exchange was “still in contravention” of orders imposed by the SEC in February
Maybe Old-Fashioned Venture Capital Wasn't So Bad After All
11.6.2024
It often seems crypto investors aren’t in alignment with the projects they invest in. Maybe it’s because tokens are changing how venture capital works
UNI token scales new heights after the CTG acquisition of Uniswap
11.6.2024
Uniswap’s CTG acquisition paved the way for a notable increase in the UNI token’s price within a very short period. Merging CTG’s captivating on-chain experiences with the solutions of Uniswap is the byproduct of the new acquisition. Uniswap and CTG are working to improve CTG’s coming season...
Metaplanet rallies 10% as it scoops Bitcoin for third time in 2 months
11.6.2024
The firm’s third Bitcoin purchase since April 23 brings its total holdings to 141.07 Bitcoin, worth over $9.6 million
Lykke crypto exchange acknowledges hack after halting withdrawals
10.6.2024
The Lykke team acknowledged that they halted withdrawals after an attack drained $22 million in crypto from its wallets on June 4
Privacy Coin XMR Rebounds After Mid-April Low Climbing 37% in 30 Days
10.6.2024
The privacy coin monero (XMR) has experienced a 7.7% increase in the last 24 hours and a 16.5% rise over the past week. Monero Trading Volume Doubles in 24 Hours After a prolonged decline and hitting a significant low in mid-April, monero (XMR) has recovered in value. For instance, on April 13,...
Loopring suffers huge losses after security lapse in ‘Guardian’ service
10.6.2024
According to the information available from the market, $5 million was drained from wallets powered by Loopring’s guardian service. Loopring, the Ethereum zkEVM protocol, is often termed Ethereum’s most secure wallet. They shared details of two wallet addresses badly affected by...
First Mover Americas: Bitcoin Little Changed After Liquidation Rout
10.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ether Little Changed Over Weekend After $400M Liquidation Rout
10.6.2024
The week ahead could boost market volatility with the CPI release on Wednesday, the FOMC meeting on Thursday, and a speech from Janet Yellen on Friday, one firm said
Base TVL surges to $8B just days after overtaking OP Mainnet
10.6.2024
Base has topped Ethereum layer 2 leaderboards by transaction count and has been the most profitable Ethereum scaler for three consecutive months
Orbit Chain hacker moves $48M to Tornado Cash after months of ‘silence’
10.6.2024
The cross-chain bridge was exploited for $82 million over New Year’s Eve, with the funds sitting dormant since Jan. 1
‘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...
Allegations of ‘Rug Pull’ Arise After Gemholic Team Withdraws $3.5M in Previously Locked ETH
8.6.2024
On June 7, the team behind the Zksync project Gemholic withdrew 921 previously locked ethereum tokens in a suspected rug-pulling incident. The Gemholic team executed the theft despite reportedly completing the blockchain security firm Solidproof’s Know Your Customer (KYC) process....