Here’s what happened in crypto today NewNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Robinhood’s Tenev warns US tokenization uncertainty deters ‘serious assets’ NewRobinhood CEO Vlad Tenev says tokenized equities need more than a temporary SEC exemption to flourish in the US.
Bithumb discloses data leak after internal system breach: Report NewThe breach impacted its in-house mobile system, used by employees for work and information sharing.
Discord is making public chats searchable on Google: How to opt out NewDiscord conversations on large public servers will soon reach audiences far beyond their communities, raising privacy concerns.
VanEck launches diversified ETF combining stocks, bonds and Bitcoin exposure NewVanEck’s new Wealth Builder ETF targets a 2% Bitcoin allocation, with a permitted range of 1% to 5%, gaining exposure through a spot Bitcoin ETP.
Intel, IBM, Oracle and IonQ latest to object to OKX-ICE tokenized stocks NewMore than 40% of the companies initially proposed to have their stocks listed in tokenized form have asked to opt-out.
Quantum fears already limiting Bitcoin’s growth, Stacks founder says NewSpeaking on Cointelegraph’s Chain Reaction podcast, Muneeb Ali warned that uncertainty over Bitcoin’s quantum security could deter institutional investors.
BRICS to Promote National Currencies Before Issuing Common OneThe BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative of one of them. The establishment of a single currency for the group is not an immediate task at this point in time, the diplomat indicated in an interview. Wider Use of National Fiats of…
‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister SaysCryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing crypto in foreign trade transactions, he indicated. Russia Plans to ‘Experiment’ With Cross-Border Crypto Payments Amid Sanctions…
Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With ChinaBRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called for using the Chinese yuan for cross-border trade. Economic Clash With West Requires Discarding Dollar, BRICS…
Robert Kiyosaki Says Regional Banks Are Being Wiped Out — Calls Fed ‘Criminal’Rich Dad Poor Dad author Robert Kiyosaki says the Fed is wiping out regional banks by supporting only big banks, like JPMorgan Chase. Stating that the Fed “is criminal,” he warned that its actions “will bring down” the United States. Robert Kiyosaki Says the Fed Is Criminal The author of Rich Dad Poor Dad, Robert…
Russian Official Expects Agreement on BRICS Currency This YearThe chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be reached in 2023 as BRICS nations ramp up their de-dollarization efforts to shift away from U.S. dollar reliance. “By linking its economy and currency to politics, the U.S. is practically undermining the foundations of…
Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market CapPepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization has surged from $141 million on April 22 to a current valuation of $303 million. PEPE Jumps 99%…
NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 million recorded in March. NFT Sales Decline by 5.76% in April, Ethereum Dominates,…
Bitcoin Mining Difficulty Set To Hit An All-Time HighIt’s gotten even harder to mine Bitcoin. Bitcoin’s mining difficulty is set to exceed the 40 trillion mark for the first time this weekend. According to on-chain data, the mining difficulty will increase by an estimated 10% from 39.16 trillion to 43.2 trillion. Bitcoin Mining Difficulty Set For Record Levels The mining difficulty expresses the…
Bitcoin Mining Difficulty Set To Hit An All-Time HighIt’s gotten even harder to mine Bitcoin. Bitcoin’s mining difficulty is set to exceed the 40 trillion mark for the first time this weekend. According to on-chain data, the mining difficulty will increase by an estimated 10% from 39.16 trillion to 43.2 trillion. Bitcoin Mining Difficulty Set For Record Levels The mining difficulty expresses the…
Top 5 Cryptos Seen To Explode In Price In The Final Days Of FebruaryAt the time of writing, the market for cryptos was shaken by major coins plummeting to weekly support ranges. However, although it seems that sentiment is still negative with major digital currency assets losing a good percentage in their values, some are glowing in green in almost all time frames, according to Coingecko. These five…
Top 5 Cryptos Seen To Explode In Price In The Final Days Of FebruaryAt the time of writing, the market for cryptos was shaken by major coins plummeting to weekly support ranges. However, although it seems that sentiment is still negative with major digital currency assets losing a good percentage in their values, some are glowing in green in almost all time frames, according to Coingecko. These five…
Polygon (MATIC) Tops List Among ETH Whales Ahead Of zkEVM LaunchThe Polygon network will launch its Zero Knowledge Ethereum Virtual Machine Beta by March. The community has been anticipating this launch as part of the significant upcoming development of Polygon. Also, its hype has helped push MATIC with an impressive performance over the past 30 days. Related Reading: Bitcoin Attracting Banks: Study Shows Over 130…
Polygon (MATIC) Tops List Among ETH Whales Ahead Of zkEVM LaunchThe Polygon network will launch its Zero Knowledge Ethereum Virtual Machine Beta by March. The community has been anticipating this launch as part of the significant upcoming development of Polygon. Also, its hype has helped push MATIC with an impressive performance over the past 30 days. Related Reading: Bitcoin Attracting Banks: Study Shows Over 130…
How These Whitehat Hackers Helped Oasis Network Get Back $140 Million In Stolen CryptoAccording to a recent announcement by Oasis Network on February 24th, the decentralized finance (DeFi) platform had collaborated with whitehat hackers to recover funds that had been stolen from Solana’s Wormhole bridge. On February 2nd, Wormhole had been hacked, and it was estimated that around $326 million worth of cryptocurrency had been stolen, with the…
Panda Bundler on Solana, Ethereum and Robinhood Chain: Venues, Fees and How to Start NewPanda Bundler, PandaBoost’s web-based token launch and trading application, brings together Pump.fun on Solana, Pons on Robinhood Chain and Uniswap on Ethereum. Teams can prepare launches, configure wallets and manage post-launch operations from one workspace, with features and funding requirements varying by venue. The first launch carries 0% Panda Bundler platform fees when activated through…
Chainlink Expands RWA Tools as LINK Price Tests Key Support Zone NewTLDR: Chainlink is integrating HKGX-backed XGZ with CCIP through GoldZip and Midas Labs, aiming to enable cross-chain transfers for the gold-backed token. Further Asset Management, backed by ADQ, selected Chainlink ACE to enforce compliance rules on a tokenized asset platform starting in Abu Dhabi Global Market. LINK is testing 9–11 support, where CryptoTanx sees a…
BNY Expands Ripple Collaboration to Include XRP Custody and Tokenized Trade Finance NewTLDR: BNY now supports XRP and RLUSD on its Digital Asset Custody platform for institutional clients. BNY intends to let its clients mint and redeem RLUSD directly through the bank with Ripple. Ripple and BNY are exploring a supply chain finance initiative with C2FO on the XRP Ledger. RLUSD market cap is near $2.5 billion,…
Ripple and Robinhood Expand RLUSD for Institutional Settlement NewTLDR: RLUSD is going live on Robinhood Chain and Bitstamp, while a listing on Robinhood’s main trading app is expected later this year. Robinhood will use Ripple Treasury for internal cash operations and Ripple Prime for financing, while Bitstamp accesses RLUSD settlement for institutions. Ripple says RLUSD market capitalization has exceeded $2.5 billion, but USDT…
Seagate Technology (STX) Stock: Surges as $4.2B Revenue and Strong Profits Lift Q1 Earnings NewTLDR STX stock climbs 3.67% to $667.85, then slides 6.02% in after-hours trading. Seagate revenue jumps 61% to $4.23B as demand for mass-capacity storage grows. GAAP net income surges to $1.76B, while quarterly earnings reach $7.59 a share. Seagate generates $1.5B in free cash flow and cuts gross debt to just $1.6B. Seagate raises its…
Oracle Corporation (ORCL) Stock: Surges 3.56% as AI Database Expansion Targets US Government Cloud NewTLDR Oracle (ORCL) shares climb 3.56% to $130.55 amid US government cloud expansion. Oracle seeks FedRAMP Class D approval for AI databases across three cloud giants. AWS GovCloud, Azure Government, and Google Cloud anchor Oracle’s federal push. Oracle targets secure AI access to live data across regulated federal workloads. Oracle’s multicloud plan brings Exadata services…
Meta Platforms (META) Stock: Falls as Company Unveils Massive $37.5 Billion Stock Offering NewTLDR Meta stock drops 1.66% to $620.08 following its $37.5 billion offering news. Meta expands its common stock offering to $25 billion, priced at $625 a share. Meta prices $12.5 billion in preferred securities carrying a 6.50% dividend. Meta expects both offerings to close October 29, subject to closing conditions. Meta’s forward share sales could…
Tether stops fighting freedom of information request, allows disclosure of reserve dataStablecoin firm Tether said on June 15 that it has released reserve data after ending a legal fight to keep that information private. Tether drops fight against CoinDesk Tether said that it previously reported certain data to the New York Attorney General’s Office (NYAG) as part of its settlement obligations in 2021. The stablecoin firm…
BlackRock files for spot Bitcoin ETF; Coinbase to serve as custodian for BTC holdingsBlackRock, one of the world’s largest asset managers, has filed plans with the U.S. Securities and Exchange Commission to create a spot Bitcoin ETF through its iShares subsidiary. The news comes after reports earlier in the day that the investment giant, which has more than $9 trillion in assets under management, was close to filing…
Texas regulator says Abra secretly moved funds to Binance, has been insolvent for monthsThe Texas State Securities Board filed an emergency cease and desist order on June 15 against the cryptocurrency lending firm Abra. In its order, the regulator said, based on its investigations, it found that Abra and related parties committed fraud and made misleading statements. The regulator said Abra made misleading statements by suggesting it was…
Binance.US reportedly cuts 50 staff following SEC chargesBinance.US, the American counterpart of Binance, has laid off about 50 staff members across its legal, compliance, and risk departments., Reuters reported June 15. Two Binance.US employees, who have not been identified, disclosed a “round of layoffs” on LinkedIn and said that they were leaving the company. Binance.US has not officially announced the staff cuts.…
Do Kwon’s detention extended six months by Montenegrin courtA Montenegro court has extended Do Kwon’s detention by six months as he awaits trial for potential extradition, Agence France Presse reported Thursday. The former Terraform Labs CEO has been in custody in Montenegro since late March following his arrest at Podgorica Airport in the nation’s capital for allegedly carrying forged travel documents. He faces…
Prosecutors withdraw 5 charges against Sam Bankman-Fried to ensure trial proceeds on scheduleDisgraced FTX founder Sam Bankman-Fried’s attempt to strike some of the accusations from his charge sheet may have backfired after prosecutors requested the court “sever” five of the newer charges from the case. New York federal prosecutors made the request in a letter addressed to presiding Judge Lewis Kaplan filed on June 15. The withdrawn…
Marathon Digital issues fraudulent activity alert over fake Russian stock certificates and other related scamsMarathon Digital Holdings has issued a public warning about fraudulent activities conducted under its brand name, disclosing in a June 15 press release that it had detected a series of fraudulent websites, apps, and communications falsely claiming to be associated with Marathon. According to Marathon, such fraudulent activities include deceptive communications by individuals pretending to be…
Nigeria SEC declares Binance operations in country illegalThe Securities and Exchange Commission (SEC) of Nigeria has officially deemed the operations of Binance Nigeria, a subsidiary of the world's largest crypto trading platform Binance, illegal
OECD introduces tax reporting framework for crypto industryOECD unveiled its Crypto-Asset Reporting Framework (CARF) at the end of a two-day ministerial-level meeting of its council held between June 7 and 8
Crypto trading firm moves $9.8m of polygon tokens to Coinbase, Binance, MATIC price tankingChicago-based crypto trading firm, Cumberland, is moving millions worth of Polygon’s native cryptocurrency, MATIC, to Binance and Coinbase
Ethereum futures liquidations soar to 1-month high on OKXThe number of ethereum (ETH) futures contracts liquidated by OKX, a crypto trading platform, is at a 1-month high
DappRadar report: blockchain gaming revenue rose in May as investment soar to $476 millionBlockchain gaming revenue rose 6% in May 2022 despite a contraction in crypto prices. Investment also reached $476 million, data from DappRadar shows
Binance CEO comments on rumors behind crypto market volatilityChangpeng Zhao, the Binance CEO, has commented on recent comments attempting to explain rapid crypto price movements following SEC's lawsuit
AI pioneers, SingularityNET and InQubeta, can be game-changersInQubeta and SingularityNET are AI pioneers and crypto analysts are confident they can be game-changers. The QUBE presale is ongoing and has raised over $340,000
China's Stock Market Has Lost $2.4 Trillion as Investors Doubt Its AI Boom Will Ever Pay Off NewStocks on China's mainland have shed about $2.4 trillion since May as investors doubt AI companies can turn a profit, while U.S. restrictions and high U.S. interest rates add pressure.
Robinhood Misses Q3 Earnings as Crypto Revenue Rises and Prediction Market Bets Grow NewRobinhood posted record revenue of $1.42 billion but earned $0.51 per share, short of the $0.55 expected, as bets on sports and elections grew to $173 million and crypto edged up.
Robinhood Taps Ripple's Stablecoin, Treasury Software and Trading Loans NewRipple's RLUSD stablecoin is live on Robinhood Chain and Bitstamp, and heads to the Robinhood app later this year as the companies deepen ties in treasury and institutional trading.
Anchorage Positions Itself as Custody Backbone of US-Mexico Stablecoin Corridor NewAn expanded deal with Bitso puts Anchorage Digital Bank’s custody beneath both sides of the US-Mexico remittance route.
AI Agents Are Creating a New Layer of Cybersecurity Spending NewAkamai launched a locked box for AI agents on Tuesday. It joins Palo Alto, Cisco, CrowdStrike, Okta and Zscaler in selling protection for software that now acts on its own.
Intel, Oracle, IBM Join Objections to OKX-ICE Tokenized Stock Venue, Bringing Total to 26 NewIntel, Oracle, IBM, and IonQ became the latest companies to object to trading of their shares on the planned OKX-ICE tokenized stock venue, bringing the total to 26.
Bitcoin Wallet Maker Keystone Pulls Devices as Stolen Key Opens Door to Fakes NewAttackers obtained the factory key that proves Keystone's hardware wallets are genuine, and 25,964 buyer records were affected. The company says recovery phrases and private keys were not involved.
Dexalot Launches First Central Limit Order Book Subnet on Avalanche with $1M+ in IncentivesDexalot’s novel infrastructure enables users to access a decentralized trading protocol with a centralized exchange experience.Dexalot, a decentralized cryptocurrency exchange has launched on an Avalanche Subnet, marking a new milestone in the evolution of decentralized trading protocols.The Dexalot Subnet aims to replicate the user experience of a centralized exchange (CEX) without compromising on decentralization and…
Intain Launches Avalanche Subnet to Usher in New Era for Multi-Trillion Dollar Securitized…Intain Launches Avalanche Subnet to Usher in New Era for Multi-Trillion Dollar Securitized Finance MarketIntainMARKETS’ Subnet Facilitates Efficient, Cost Effective, and Transparent End-to-End Asset Issuance, Investment, and Administration.Intain Inc., a leading structured finance platform, has launched IntainMARKETS, a marketplace for tokenized asset-backed securities built as an Avalanche Subnet. By launching as a Subnet, IntainMARKETS aims to…
Avalanche Explorer Gets a Brand New Upgrade for All P-Chain DataThe new tool pulls up-to-the-second data on validators, rewards, Subnets, and more.Ava Labs has launched a brand new explorer for Avalanche’s P-Chain, providing deeper visibility into all P-Chain activities from staking to granular transaction details. As one of three main chains in Avalanche’s Primary Network, the P-Chain maintains validators and empowers builders to launch Subnets. The…
Avalanche Park X Ed Balloon Concert Series to Launch in DTLA in February with Emerging NFT ArtistsThe inaugural event offers a new way to experience music through Web3, giving fans NFT-gated access benefits and digitally stamping music on Avalanche.On February 23 in Downtown Los Angeles, the Avalanche Park x Ed Balloon concert series will open with a show at WisdomeLA, an immersive art and entertainment park that has geodesic domes with…
Developer Spotlight: Usman Asim has Big Plans for Rust and ZKs on AvalancheThe Chainstack Dev plans to run his own dApp on the VM once production-ready, ideally on an Avalanche Subnet.The tech Usman Asim needed for his dApp didn’t quite exist. He had a big idea, but also a problem set without a clear solution.He needed a blockchain with leading speed, decentralization, and flexibility. He needed the…
Here’s what happened in crypto todayNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Robinhood’s Tenev warns US tokenization uncertainty deters ‘serious assets’Robinhood CEO Vlad Tenev says tokenized equities need more than a temporary SEC exemption to flourish in the US.
Bithumb discloses data leak after internal system breach: ReportThe breach impacted its in-house mobile system, used by employees for work and information sharing.
Discord is making public chats searchable on Google: How to opt outDiscord conversations on large public servers will soon reach audiences far beyond their communities, raising privacy concerns.
A look at the impact of proposer misses on @avax c-chain blo - KuCoinA look at the impact of proposer misses on @avax c-chain blo KuCoin
Panda Bundler on Solana, Ethereum and Robinhood Chain: Venues, Fees and How to StartPanda Bundler, PandaBoost’s web-based token launch and trading application, brings together Pump.fun on Solana, Pons on Robinhood Chain and Uniswap on Ethereum. Teams can prepare launches, configure wallets and manage post-launch operations from one workspace, with features and funding requirements varying by venue. The first launch carries 0% Panda Bundler platform fees when activated through…
Chainlink Expands RWA Tools as LINK Price Tests Key Support ZoneTLDR: Chainlink is integrating HKGX-backed XGZ with CCIP through GoldZip and Midas Labs, aiming to enable cross-chain transfers for the gold-backed token. Further Asset Management, backed by ADQ, selected Chainlink ACE to enforce compliance rules on a tokenized asset platform starting in Abu Dhabi Global Market. LINK is testing 9–11 support, where CryptoTanx sees a…