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.
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Zero-knowledge Manta Network launches $50M ecosystem fund
Early-stage projects building on Manta Network can receive up to $50,000 in grants.
European Commission selects Iota Web3 ID for blockchain sandbox
The European Commission’s selection of Iota’s Web3 ID solution highlights the solution’s potential to revolutionize KYC processes using distributed ledger technology and tokenization on a mass scale.
May crypto investments hit $1B driven by Notcoin launch — KuCoin
KuCoin Research believes that the low float, high FDV trend in crypto led investors to other options like Notcoin, which had all its tokens circulating during launch.
MicroStrategy plans $500M stock sale to buy more Bitcoin
MicroStrategy plans a $500 million stock sale to fund additional Bitcoin acquisitions, reinforcing its commitment to BTC as a treasury reserve asset.
North Korean cyberattacks on Brazilian fintech firms exposed
Google Cloud’s report exposes North Korean cybercriminals targeting Brazil’s cryptocurrency and fintech sectors with sophisticated malware and phishing schemes.
Bitcoin gives back gains as 'hawkish' Fed costs bulls a trip to $70K
Bitcoin bulls run out of steam yet again as BTC price action returns to its pre-CPI position.
Self-custodial Bitcoin wallet Bitkit launches on app stores
Synonym's Bitkit, a self-custodial Bitcoin wallet, launches on iOS and Android, promoting user control over BTC transactions without third-party intermediaries.
Privado ID spinoff takes identity control solution beyond Polygon
Polygon’s zero-knowledge self-sovereign identity solution looks to provide privacy with assured authenticity.
UwU Lend faces second hack during $20M reimbursement process
The UwU exploiter strikes again and steals $3.5 million from the lend protocol as it begins reimbursing hack victims.
Inverse futures contract, explained
Inverse futures contracts are a type of derivative where traders use the underlying cryptocurrency (like Bitcoin) as collateral but settle profit/loss in a stablecoin (like USDT).
Curve Finance soft liquidation works, but CRV plunges 28%
Curve Finance’s LLAMMA successfully handled liquidation during a hack attempt, but the CRV token fell by 28%, sparking concerns in the DeFi community.
Bitfarms pushes back against Riot’s $950M takeover attempt
Riot’s $950 million buyout offer is met with resistance as Bitfarms’ stakeholders and special committee deem it undervalued and not in shareholders’ best interests.
Memecoins are a ‘cornerstone’ of crypto — Galaxy’s Novogratz
Galaxy Digital CEO Michael Novogratz has hailed memecoins as the “most powerful narratives out there,” but others in the crypto industry are not so confident.
Bitcoin 92-day consolidation is setting up a ‘massive’ rally — Traders
Bitcoin is now trading in its “longest” consolidation period, but the longer the consolidation, the “larger the expansion,” according to traders.
Andrew Tate token surpasses MOTHER amid claims of insider activity
Bubblemaps’ analysis claims a handful of wallets purchased 30% of the supply of the memecoin DADDY before Andrew Tate promoted it online.
Bitcoin whales scoop $1.4B in 24 hours this week amid market correction
The huge and sudden uptick in Bitcoin whale accumulation came as Bitcoin supply on exchanges fell to its lowest level since December 2021.
TON flips ETH in daily active users, but that’s not the full picture
TON has seen more daily active addresses than Ethereum in 10 of the last 11 days — however, that figure doesn’t include Ethereum layer 2s.
Analyst targets $91.5K Bitcoin next despite Fed’s ‘hawkish tone’
Pseudonymous analyst CryptoCon is confident Bitcoin will surge 25% above current all-time highs — its next big “step” before cracking the cycle’s top of $123,982.
Britain’s public healthcare chief flags rise in crypto trading addiction
NHS boss Amanda Pritchard called for action, saying specialist clinics are seeing a rise in young people with crypto trading addictions.
Bitcoin miners rise 10% after Trump promises to back US miners
The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific.
TON is paving a path to the future for crypto
TON's integration with Telegram has made it easier for users to use crypto to pay for goods and services — without realizing it involves blockchain.
Blockchain thriving among Fortune 500 companies, but US lags — Coinbase
Coinbase’s fourth annual corporate adoption report found that Fortune 500 companies and small businesses are adopting blockchain technology.
Riot acquires 13% Bitfarms stake as CEO decries ‘poison pill‘ strategy
Bitfarms’ stock price on the Nasdaq has increased more than 56% in the last 30 days amid Riot Platforms’ attempt at a takeover.
McDonald’s metaverse in Singapore, South Korea classifies NFTs as virtual assets: Nifty Newsletter
NFT sales surge volumes across various platforms and blockchains, with Bitcoin-based digital collectibles leading the charge.
BTC reclaims $69K, derivatives signal additional upside
Bitcoin futures and options markets indicate that the prevailing sentiment remains bullish.
Eigen Labs acquires Rio Restaking, opens LRT code
The Eigen Foundation is acquiring Rio Network’s intellectual rights and will open-source its liquid restaking token as a reference implementation in the EigenLayer ecosystem.
BREAKING: Terraform to pay $4.47B to resolve SEC civil lawsuit
The settlement would resolve a civil lawsuit filed by the Securities and Exchange Commission following Terraform’s collapse in 2022.
MoonPay announces PayPal fiat on-ramp for UK and EU
MoonPay noted that PayPal is the third-most commonly used payment option in the United States, behind Apple Pay and traditional bank cards.
MultiversX and Cornell launch sponsored blockchain education program
Once students complete the course, they’ll be eligible for follow-on mentorship, support and funding.