Bitcoin
Hinman Documents Release in SEC-Ripple Case Is a Boost to Ether: JPMorgan
The documents are likely to intensify the move among major cryptocurrencies to become more decentralized and look more like ether, the report said. Source link
Month: June 2023
Market Analysis
Hong Kong’s Cyberport a Hotspot for Web3 & Crypto Firms
Hong Kong’s Financial Secretary confirmed that the country’s digital initiative Cyberport has attracted over 150 web3 firms. Cyberport is managed by the wholly owned subsidiary of the Hong Kong SAR Government. Development Secretary Paul Chan […]
Regulation
zkSync Era’s Total Locked Value (TVL) Surpasses $500M
At press time, more than 220,000 ether (ETH), or around $378.3 million, about 121 million USDC (a dollar-pegged stablecoin) and 14.43 million MUTE, worth $7.53 million, were locked on zkSync. MUTE is the native cryptocurrency […]
Ethereum
Prices of BOB Tanked 45% After Elon Musk Called its Bot a ‘Scam,’ Suspends Account
Data shows BOB prices quickly fell from $0.000031 to $0.000016 on Sunday as traders likely reacted to Twitter’s actions, reaching a market capitalization of $13 million. As such, the tokens have been in a nearly […]
Ethereum
Crypto Community Donates $1M to Blockchain Sleuth ZachXBT After Defamation Lawsuit
The lawsuit, filed on Friday in the U.S. District Court for the Western District of Texas, alleges ZachXBT defamed MachiBigBrother, “inflict[ing] serious reputational and monetary harm” on him. ZachXBT faces one count of libel and […]
Market Analysis
Crypto Seizures by Tech & Governments May Become a Reality
Former Coinbase CTO Balaji Srinivasan warned that if G7 nations allow crypto seizure, tech giants like Apple, Google, and Microsoft could assist in the process. Srinivasan pointed out that operating system access of top technology […]
Ethereum
First Mover Asia: Bitcoin Slips Back to $26.3K in Weekend Trading as Investors Weigh Potential Interest Rate Decisions
The largest crypto by market cap benefited from last week’s pause in interest rate hikes, but a market analyst suggests that cuts may be necessary for prices to rise significantly in the future. ALSO: Indonesia […]
Market Analysis
Bitcoin Miners BTC Flow to Exchanges Touches 5-Year High
Bitcoin miners transferred more BTC to exchanges over the past week than at any point in the past five years, according to data from Glassnode. The blockchain analytics firm reported that the 7-day moving average hourly chart […]
Market Analysis
Midas Capital Pool Exploited for $600k
Midas Capital has paused all its pools after suffering an exploit in one of its pools. Blockchain security firm PeckShield reported that the exploit led to a loss of over $600,000. DeFi lending and borrowing platform […]
Politics
Hong Kong Eyes Stablecoin Regulation and Tokenized Securities
Hong Kong successfully launched its Virtual Asset Service Provider (VASP) licensing regime this month. Now, the territory is looking to the next stage in its efforts to become a global crypto hub. Two areas where […]