Curve Finance adopts crvUSD for fee distribution
Curve Finance shifts from 3crv to crvUSD for fee distribution, enhancing the stablecoin’s utility and ecosystem integration.
Posts published on June 28, 2024 go to media archive 3/4
Solana’s Stablecoin Transfer Volume Drops Drastically Amid Scrutiny
According to stablecoin transfer volume metrics divided by blockchain, Solana’s daily transfer volume has decreased from a range of $75 billion to $100 billion daily to around $7 billion daily. Additionally, a crypto advocate expressed doubts about…
Europe's MiCA Is Finally Here. How Will the U.S. Respond?
It's time for the U.S. to reassert its place as the global leader in financial services regulation and innovation, writes Circle's Dante Disparte.
First Mover Americas: Bitcoin Awaits PCE Inflation Report
The latest price moves in bitcoin (BTC) and crypto markets in context for June 28, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Miner Selling Cools Off – Is This The Breakout Moment?
In an analysis provided by CryptoQuant, a significant change in Bitcoin miner behavior has been noted, potentially indicating a turning point. CryptoQuant analyst, known as Crypto Dan, outlined a reduction in miners’ selling pressure, which…
Investor shares story of falling victim to $100K crypto hack
“I thought that my heart would stop,” said Matthias Mende, who told Cointelegraph how he felt when he realized he lost $100,000 in crypto assets to a hacker.
39% Chance of Dropping Out — Joe Biden’s Debate Stumbles Fuel Prediction Market Betting
Following the initial 2024 U.S. Presidential Debate, prediction market wagers on whether incumbent Joe Biden will withdraw have seen a significant increase in activity. The likelihood of Biden stepping down and being substituted has risen notably…
Nigeria’s SEC boss says crypto can aid 38M unbanked
Emomotimi Agama noted that cryptocurrencies like Bitcoin can considerably lower remittance costs, making it easier and cheaper for Nigerians abroad to send money home.
Egyptian Fintech Startup Connect Money Secures $8 Million Seed Funding
Connect Money, an Egyptian fintech startup, recently secured $8 million in seed funding. The company plans to launch new business verticals using this investment. Connect Money aims to become the go-to platform for businesses seeking seamless…
WIF Heading For Rock Bottom? $2.2 Rejection Fuels Further Decline
Dogwifhat (WIF) is experiencing increased bearish pressure after facing a significant rejection at the $2.13 resistance level. This rejection marks a pivotal moment, pushing the price downward and signaling potential continued losses for the…
Kaspa's KAS Token Bucks Broader Market, Surges 26% in a Week
The rally was accompanied by an even-bigger surge in futures open interest.
Crypto platform Yield App shuts down citing FTX losses
Yield App halts operations, citing losses from FTX exposure, despite previous assurances of no significant impact.
The purpose and functionality of exchange coins and tokens
Exchange coins operate independently on blockchains, whereas exchange tokens represent assets or utilities within specific projects on existing blockchains.
Don’t Sweat The Dip! Ethereum 15% Price Slump Could Spark Epic Comeback — Analyst
Ethereum, the second-largest cryptocurrency by market capitalization, has experienced a significant decline in value recently. Over the past month, its price has dropped by 15%, leading to concerns among investors about the future of this digital…
Kraken Co-Founder Jesse Powell Donates $1M, Mostly Ether, to Donald Trump
Powell said he is supporting the only major pro-crypto party candidate.
Bolivia lifts ban on Bitcoin, authorizes crypto transactions via banks
The change in regulatory stance marks the end of a ban on crypto use in the country that began in 2014.
Bitcoin miner sell pressure 'weakening' as BTC withdrawals drop 85%
BTC withdrawals from miner-affiliated wallets have gone from above 50,000 per day to under 10,000 since the halving, data shows.
Bitcoin activity drops to lowest level since 2010
The lack of retail participation is suspected of dropping Bitcoin wallet activities as celebrity memecoins attract speculators away from more established cryptocurrencies.
Blockchain Association Says Tigran Gambaryan’s Detention Harms Nigerian Web3 Industry
Nigeria’s detention of Binance executive Tigran Gambaryan is impacting the country’s blockchain industry, an organization representing blockchain and crypto associations has warned. Evidence of this impact includes the decline in foreign…
Major crypto projects to unlock $755M in July
About $755 million in crypto assets from AltLayer, Arbitrum, Optimism and other projects will be released in July as their vesting period concludes.
History Associates joins Coinbase in FDIC legal battle
The History Associates suit aims to hold the FDIC and other regulatory agencies accountable for their actions and ensure transparency in their regulatory practices.
Dogecoin To The Moon? Crypto Analyst Predicts 440% Price Increase
In a recent technical analysis by popular crypto analyst Big Mike (@Michael_EWpro), the likelihood of a substantial rise in Dogecoin (DOGE) has been spotlighted. Employing a blend of Elliott Wave theory, Fibonacci retracement levels, and crucial…
Bitfarms adds board member to deter Riot Platforms takeover
Despite initially planning to buy all Bitfarms’ shares at $2.30 per share, Riot withdrew the offer, stating that cooperating with Bitfarms’ current board was difficult.
Bitcoin social sentiment decline may signal market bottom
The BTC price has failed to hit a new all-time high in over three months, even after the Bitcoin halving in April.
Ether to Hit $6.5K Later This Year Driven by Inflows Into Spot ETFs: Analyst
The crypto market is being overly pessimistic about the imminent launch of spot ether ETFs in the U.S. and net inflows could hit $20 billion in the first year, Steno Research said.
Long Dormant Whale Sends $61M BTC to Coinbase, On-Chain Data Shows
The so-called old hands have been selling coins this quarter, adding to bearish pressures in the market.
Kraken’s Jesse Powell donates $1M in crypto to Trump campaign
Jesse Powell, the Kraken co-founder, backs Trump with $1 million in Ether, supporting pro-crypto policies against regulatory crackdowns.
2024 Crypto Losses Attributable to Deepfakes Projected to Exceed $25 Billion
Losses attributed to crypto crimes involving the use of deepfakes are projected to surpass $25 billion in 2024. According to the latest Bitget research study, these losses are expected to continue rising if no regulatory intervention is introduced…
Australia’s revamped data program to ‘catch out’ crypto tax cheats
The Australian Tax Office is collecting over a decade of crypto transaction data, and tax dodgers could be busted if they don’t properly file this tax season.