Posts published on July 3, 2024 go to media archive 3/4

Bittensor Blockchain Placed in ‘Safe Mode’ Following Multi-Million Dollar Wallet Drains

According to reports, the Bittensor (TAO) blockchain was paused due to the depletion of funds from several wallets. The final block was processed 14 hours ago, and the network is now in safe mode, as stated by the Opentensor Foundation. TAO Network…

The Case for Crypto Index Funds

There are already more than a dozen crypto index funds marketed to investors, ranging from $1 million to several hundred million dollars in assets under management. Here’s why they make sense to investors, says Adam Guren of Hunting Hill.

Insurance Is the Silent DeFi Guardian

There is a long history of insurers helping to reduce industrial risks, from cars to buildings. They can play a similar role now in DeFi, where a lack of regulation stifles growth, says Q Rasi, co-founder of Lindy Labs.

Indian Crypto Exchange Coindcx Going Global With Bitoasis Acquisition

Indian crypto exchange Coindcx is expanding globally by acquiring the Middle Eastern digital asset platform Bitoasis. This strategic move enhances Coindcx’s presence in the Middle East and North Africa (MENA) region while allowing Bitoasis to…

US Bitcoin ETFs Record Modest Losses With $13.62M Outflows on Tuesday

U.S. spot bitcoin exchange-traded funds experienced slight losses on Tuesday, with $13.62 million in outflows recorded. Grayscale’s GBTC was the primary contributor, losing $31.38 million during the trading sessions. Blackrock’s IBIT…

Bitcoin Technical Analysis: BTC Slips Below $60K Closing CME Gap

Bitcoin’s price on July 3, 2024, stands at $60,177, with a 24-hour intraday range from $59,712 to $62,974. The trading volume over the past 24 hours reached $24.36 billion, and the market capitalization is currently at $1.18 trillion…