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LBank Exchange Will List DED (DED) on June 24, 2024
24.6.2024
PRESS RELEASE. Road Town, BVI, June 24, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of DED (DED) on June 24, 2024. Users of LBank Exchange can brace themselves...
Latam Insights: Salvadoran Government Introduces Bitcoin Banking Bill, Bitcoin to Compete With Other Currencies in Argentina
24.6.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Salvadoran government pushes a bitcoin banking bill, president Milei states bitcoin will compete with other currencies in Argentina, and the Wasabi Wallet...
Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’
24.6.2024
The Bitcoin developer says Brollups can support more than 90% of decentralized finance use cases, from NFT sales to token orders on DEXs
Asset tokenization to reach $2T by 2030 despite ‘cold start’ — McKinsey
24.6.2024
Tokenized financial assets have seen a slow start, and broad adoption is “far away,” but McKinsey analysts predicts some to take off faster than others
Dogwifhat falls out of top 50, tumbles 38% over past 7 days
24.6.2024
Dogwifhat saw the steepest 7-day price decline among the top 100 cryptocurrencies by market cap but remains in fourth place among memecoins
Pantera Capital Calls Solana the ‘Mac OS of Blockchains,’ Highlights Architecture Benefits and Growing Adoption
24.6.2024
Pantera Capital, an institutional asset manager focused on blockchain technology, has called Solana the “Mac OS of blockchains” in its latest blockchain letter. The firm details that the rise of Solana over Ethereum is reminiscent of what Microsoft experienced when Apple entered...
Top 10 TON Chain Coins Reach $20 Billion in Combined Value
24.6.2024
Over the past month, toncoin (TON) has appreciated by 18.4% against the U.S. dollar, achieving a new all-time high last week. Current data indicates that the top ten TON chain coins, including TON, have a combined value of more than $20 billion. Gaming and Meme Tokens Drive TON’s Market...
Banking Sector Poses Highest Money Laundering Risk, Singapore’s Central Bank Says
24.6.2024
According to the Money Laundering Risk Assessment Report by Singapore’s central bank, the banking sector is identified as the highest money laundering risk to the country. The report also highlights risks related to digital assets and cryptocurrencies. To mitigate these risks, the Monetary...
Binance Helps Btcturk With Hack Investigations — Freezes Over $5.3M in Stolen Funds
23.6.2024
Turkish crypto exchange Btcturk has suffered a cyber attack which caused unauthorized withdrawals from the platform. Crypto exchange Binance is assisting Btcturk with investigating the breach and has already frozen over $5.3M in stolen funds, Binance’s CEO has disclosed. Btcturk has reopened...
Bitcoin offers ‘economic immortality,’ will reach $10M per coin— Michael Saylor
23.6.2024
Saylor’s comments came during a wide-reaching discussion with Bitcoin podcast host Robin Seyr
Bitcoin’s Power Law Model Gains Traction Despite Market Fluctuations
23.6.2024
In 2020 and early 2021, the stock-to-flow (S2F) bitcoin price model captured widespread attention. Although bitcoin currently stands over 13% below its peak value reached in March, the Power Law Corridor model has become increasingly influential. Many hold the view that the Power Law model’s...
Market Jitters: Analysts Warn of Looming US Stock Crash, Draw Parallels to 1929
23.6.2024
As the U.S. stock market scales new heights, a growing chorus of analysts warns that a severe crash could be on the horizon, reminiscent of the devastating 1929 collapse. Concerns center around the meteoric rise of Nvidia and the burgeoning artificial intelligence (AI) sector, feared to be...
Crypto’s Stagnant Summer: Analysts Say ‘Boring’ Markets May Set Stage for Eventual Price Surge
23.6.2024
In the past week and a half, the crypto markets have shown a bearish trend, suggesting that the summer slowdown is underway. Many anticipate that bitcoin and the broader crypto economy might face a few uneventful weeks ahead. Onchain analyst Willy Woo believes there could be another one to four...
Bitcoin price loses ground as TON, PEPE, KAS and JASMY catch traders’ attention
23.6.2024
TON, PEPE, KAS, and JASMY could attract buying if bears fail to pin Bitcoin below $64,602
DARPA release highlights difficulty in developing quantum finance solutions
23.6.2024
Quantum computing for finance is proving to be one of the harder problems for scientists in the field
Layer-2 rollups must decentralize sequencers or face the consequences
23.6.2024
Centralized sequencers achieve higher throughputs and performance, but they also create severe security risks — illustrated by a $2.6 million exploit on Linea
Crypto Portfolio Tracker Coinstats Confirms Security Breach; Temporarily Shuts Down App
23.6.2024
According to the crypto portfolio tracking app, Coinstats, suspected North Korea-linked hackers are believed to be behind the security breach on June 22, which impacted 1,590 user wallets, The Coinstats team has advised users with affected wallet addresses to immediately transfer their funds using...
Donald Trump’s VP Contenders: A Look at Polymarket Odds and Favorites
23.6.2024
With the 2024 election set for November, there’s growing curiosity about whom former President Donald Trump will select as his vice-presidential candidate. Currently, the decentralized prediction market Polymarket is featuring bets on a wide array of potential candidates, with this weekend...
Exploring Crypto’s Most Expensive Assets: The 5, 4, and 3-Digit Clubs
23.6.2024
Throughout bitcoin’s history, the leading crypto asset has traded at five digits per unit for over 28% of its time. In 2022 and 2022, bitcoin (BTC) and yearn finance (YFI) were the only two tokens trading in the five-digit range; however, currently, only bitcoin maintains that status....
6 steps for putting a valuation on digital assets
23.6.2024
What's the best way to place a value on a cryptocurrency? Take your pick, because there are dozens of options