Altcoins signal buy after taking it ‘on the chin’ since March
The altcoin crypto market may present “some opportunities” for investors after “taking it on the chin” the last four months.
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UwU Lend offers a $5M bounty to whoever catches its exploiter
The UwU Lend hacker has now stolen a combined $24 million from the protocol across two attacks.
Trader claims to lose $310K on dodgy exchange pitched in LinkedIn request
The investor said they learned about the exchange from a “random friend request on LinkedIn.”
Tesla investors sue Elon Musk for diverting resources, talent to xAI
Shareholders accused Tesla boss Elon Musk of “brazen disloyalty” with his xAI startup that created “billions in AI-related value at a company other than Tesla.”
Holograph fell 80% in 9 hours after exploiter mints 1B additional HLG
The 1 billion HLG tokens were worth $14.4 million at the time of the first mint, Etherscan data shows.
Ether notches 2nd biggest hodler buying day in history
Demand for Ether from long-term holders rocketed on June 12 as the price fell below $3,500, just before the SEC’s Gary Gensler gave a forecast for spot Ether ETF approval.
Swiss regulator forces crypto-friendly FlowBank into bankruptcy
The Swiss-based bank had ties to the TrueUSD stablecoin issuer, Techteryx, crypto asset manager CoinShares and reportedly Binance.
Deepfake AI ‘gang’ drains $11M OKX account, Zipmex zapped by SEC: Asia Express
OKX blames “coin-stealing hacking gang” for deepfake AI theft of $11M, Zipmex unlicensed, Microvisionchain’s millions in grants: Asia Express
Solana Labs debuts blockchain customer loyalty platform Bond
Solana Labs has launched Bond, a new platform that will let non-crypto brands leverage the power of blockchain tech to engage with customers.
US judge approves Terraform’s $4.5B settlement with SEC
A New York district court judge has rubber-stamped Terraform Labs and Do Kwon’s nearly $4.5 billion settlement with the SEC.
MiCA regulation takes shape under EBA’s newest guidelines
The European Banking Authority has introduced a series of technical standards and guidelines for token issuers as MiCA implementation moves forward.
Bitoro launches perpetual futures on Injective protocol
The perpetual futures trading network is now available on five other ecosystems, including Avalanche, Base, Arbitrum, Optimism, and Mantle.
Taiwan establishes association to help crypto firms self regulate
The association was formed after the country’s Justice Ministry proposed AML amendments for crypto firms that could result in penalties, including up to two years in prison.
Paradigm raises $850M for third crypto fund
Paradigm has been discussing its new crypto fund for the past few months as markets rebounded.
Curve founder repays 93% of $10M bad debt stemming from liquidation
The DeFi protocol's native token plunged by 28% in a single day due to liquidations stemming from a hack attempt.
President Biden announces picks for SEC, FDIC and Treasury leadership
CFTC Commissioner Christy Goldsmith Romero could replace Martin Gruenberg after allegations of a toxic workplace culture at the FDIC.
Traders: Bitcoin price needs “fresh all-time highs” to end pump-and-dump cycles
Bitcoin price requires high demand side liquidity to push the price out of a long-lasting consolidation.
Chinese court sentences gang for money laundering using digital yuan
The Chinese CBDC’s “controllable anonymity” seems to be very highly controlled.
P2P.org partners with OKX to provide institutional staking services
The staking services company and validator reported that it reached $7.5 billion in total value locked in April.
SEC may receive ‘only a fraction’ of Terraform’s settlement
The U.S. SEC still has to queue up behind secured creditors to receive a payment from Terraform Labs’ multibillion-dollar settlement, if any.
SEC chair sees spot Ether ETF S-1 approvals sometime in summer 2024
Some analysts had predicted that spot Ether ETFs could start trading on U.S. exchanges by the end of June, but the SEC has yet to set an exact date.
$1M bet ChatGPT won’t lead to AGI, Apple’s intelligent AI use, AI millionaires surge: AI Eye
$1M prize to debunk hype over AGI, Apple Intelligence is modest but clever, Google is still stuck on that stupid ‘pizza glue’ answer. AI Eye.
Bitcoin is the only decentralized currency, Tether CEO says
The CEO of the company behind the world’s largest stablecoin, Tether (USDT), believes that Bitcoin is the only unstoppable cryptocurrency.
Tokenizing music catalogs: The next frontier for Web3 and music industry
At the Proof of Talk 2024 conference in Paris, Serio Mottola, CEO of Music Protocol, advocated for integrating blockchain technology into the already established billion-dollar music industry.
Bitcoin price tracks $68K as 'chicken' crypto market shrugs off US PPI
Bitcoin and altcoins are unmoved by a significant inflation slowdown, as shown in the latest U.S. macro data.
US Bitcoin miners silent in face of Kerrisdale ‘snake oil’ claims
U.S. Bitcoin miners have remained tight-lipped following a recently released Kerrisdale Capital report criticizing the industry.
Terraform Labs ends operations, Terra community takes over
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
After halting support for BybBit’s crypto services in May 2024, Citadel-backed Hidden Road inked a new crypto partnership with Bitfinex exchange.
BNB Chain to support early projects with new incubation alliance
The announcement comes amid a recent surge in BNB’s price, reaching a new all-time high of $717.48 on June 6.
Zero-knowledge Manta Network launches $50M ecosystem fund
Early-stage projects building on Manta Network can receive up to $50,000 in grants.