CertiK announces CertiK Ventures to boost blockchain development
CertiK Ventures aims to drive on-chain innovation by supporting security-first projects, fostering key partnerships, and making strategic investments.
Posts published on May 31, 2024 go to media archive 3/4
EU watchdog urges banks to prioritize clients in AI usage
The EU's top financial regulator, ESMA, mandates that banks and investment firms ensure AI tools prioritize client interests, reinforcing accountability under MiFID.
Japanese Crypto Exchange DMM Bitcoin Suffers $305M Hack
Measures have been taken to prevent further unauthorized outflows, the exchange said.
May Shatters Bitcoin Transaction Records, Highlighting a Year of Unparalleled Achievements
According to recent data, May has set new records for milestones within the Bitcoin network. Following the record-breaking number of transactions confirmed on April 23, four of the top five days with the highest transaction counts settled on the…
Near Protocol Breaks Out From Wedge Pattern: Why This Could Trigger A 37% Crash
Near Protocol has had a good year in 2024 so far and has continued to hold up quite nicely despite the multiple crashes that have rocked the market. However, it seems that the altcoin may have exhausted its runway, as a crypto analyst believes its…
How billions in outflows from Grayscale could impact Ethereum ETF launch
Outflows from the Grayscale Ethereum Trust (ETHE) could dampen the Spot Ethereum ETF approval party but create significant opportunities for traders.
Tether invests $150M in Jihan Wu’s crypto mining firm Bitdeer
Following the investment, Tether expects close collaboration with Bitdeer across several key infrastructure areas, CEO Paolo Ardoino said.
Bybit Confirms Executive Shake Up After Notcoin Deposit Delays
Cryptocurrency exchange Bybit has confirmed reports that several executives have "changed roles" after a botched notcoin (NOT) launch resulted in $23 million in compensation being sent to 320,000 users.
3 solid Bitcoin indicators predicting BTC price rise to $75K in June
A breakout from Bitcoin's symmetrical triangle pattern is imminent as long-term holders continue to accumulate.
Bitcoin Technical Analysis: BTC Maintains Stability in Narrow Triangular Formation
Tether Buys $100M Worth of Bitdeer Shares With Option to Purchase $50M More
Bitdeer intends to use the proceeds to fund its data center expansion and ASIC-based mining rig development, the Singapore-based company said.
NFT sales volume tumbles 54% in May: CryptoSlam
NFT sales dropped from $1 billion in April to $624 million in May, with Bitcoin, Ethereum, and Solana-based digital collectibles significantly declining.
First Mover Americas: Crypto Market Flat Ahead of U.S. Inflation Data
The latest price moves in bitcoin (BTC) and crypto markets in context for May 31, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Paraguayan Authorities Shut Down 2,700 Miners in Largest Anti-Illegal Bitcoin Mining Intervention to Date
Paraguayan authorities detected and shut down an illegal bitcoin mining farm that had over 2,700 miners connected directly to the country’s power grid. The operation, carried out in the city of Saltos de Guaira and situated near a national power…
Ethereum Bloodbath: Over $55 Million In Longs Liquidated As Price Plummets
The recent price action of Ethereum has not been so much of a breeze. The second-largest cryptocurrency by market cap experienced a surge that nearly reached its all-time high, only to be met with a sharp reversal, leaving long traders licking…
Crypto Bettors Lay 17% Odds on Donald Trump in Jail Before Election Day
Gamblers have placed almost $900,000 in bets on the “Trump in jail before election day?” market on the predictions application Polymarket.
US Treasury: NFTs and NFT Platforms Highly Susceptible to Fraud and Scams
A risk assessment conducted by the U.S. Treasury Department found that non-fungible tokens (NFTs) and related platforms are highly susceptible to use in fraud and scams. The risk assessment also warns that criminals can exploit NFTs to launder…
Bitcoin's Short Term Momentum Flips Bearish; Support Under $65K
The 50-day simple moving average marks major support at $64,870.
Crypto market braces for $875M token unlocks in June
Nearly $875 million in crypto tokens from projects like Aptos, Arbitrum, Starknet and Sui will be unlocked in June as vesting periods end.
Toncoin (TON) Forms Double Top Pattern, Bearish Or Bullish?
Toncoin serves as the native token of the TON ecosystem and has multiple use cases. The token like other native tokens such as Solana (SOL) and Ethereum (ETH) has been doing well, as it experienced a notable price rise, especially with the launch…
Vitalik Buterin is 'giantly important' to Ethereum’s future: Experts weigh in
Fellow co-founder Joseph Lubin and other industry experts highlight Vitalik Buterin’s role in Ethereum’s future, emphasizing his ongoing influence and contribution to the space.
$8.2B in Bitcoin and Ether options expire, here’s how it could impact the markets
The total OI notional value for all outstanding BTC options contracts is $19 billion.
Legal fees skyrocket in high-profile crypto bankruptcies
High-profile bankruptcy cases have become a lucrative goldmine for two major law firms involved in the legal proceedings: Sullivan and Cromwell and Kirkland and Ellis.
Bitcoin price monthly close above $69K would be 'epic' — New analysis
BTC price needs to work to flip its old 2021 all-time high to support as the Bitcoin monthly close approaches.
Crypto wallets, explained
Crypto wallets, which act like wheels for the digital asset ecosystem, are now incorporating tech innovations such as biometrics, DID, AI and smart contracts.
Ripple Report: Crypto and CBDCs Transforming Global Payments
Ripple’s recently published 2023 Trends in Regional Payments ebook highlights the transformative role of cryptocurrencies and Central Bank Digital Currencies (CBDCs) in the global payments landscape. Latin America is witnessing a digital…
Hong Kong officially kicks out all unlicensed crypto exchanges
This regulatory crackdown underscores the SFC's commitment to fostering a secure and transparent environment for virtual asset trading.
Can DEX Boom Save Cardano? ADA Seeks Recovery As Trading Activity Surges
Cardano (ADA), the smart contract platform, has been facing a rough patch recently. While the broader DeFi sector has seen an uptick in DEX volumes, Cardano’s Total Value Locked (TVL) has plummeted, raising concerns about the health of its…
Robinhood Introduces Crypto Trading API
Robinhood, the popular investment and trading platform, has announced a significant upgrade for its crypto customers in the United States. Users can now leverage Robinhood’s newly introduced Crypto Trading API to view real-time crypto market data…
Open sourcing lets developers explore beyond initial ideas: Trust Wallet
Trust Wallet’s head of engineering, Luis Ocegueda, discusses Barz, an open-source smart wallet solution compatible with ERC-4337.