Posts published on July 4, 2024 go to media archive 2/4

RWA Startup Hamilton Tokenizes US Treasury Bills on Bitcoin L2 Solutions

Hamilton has announced the tokenization of U.S. Treasury bills on Bitcoin’s layer two (L2) platforms, stating that it marks a significant advancement in bridging traditional finance with Bitcoin’s decentralized finance (defi) sector…

Opentensor Foundation Addresses Bittensor Security Breach

The Opentensor Foundation, the development team behind the Bittensor chain, has tackled a recent security breach affecting the network, impacting several community members. The foundation insisted that prompt actions were implemented to mitigate…

Fed’s Minutes Report Cites High Inflation and Economic Risks in Decision to Hold Rates

According to the minutes from the Federal Reserve’s Federal Open Market Committee (FOMC), the choice to maintain the federal funds rate in its current range was driven by concerns about ongoing inflation and economic instability. Economic…

Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low

Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4, 2024, the price per petahash…

Solana Meme Coins Outperform Ethereum 800% YTD – Top Winners Revealed

In the first quarter of the year, Solana-based meme coins have emerged as the frontrunners, surpassing Ethereum’s meme coin ecosystem and artificial intelligence (AI) tokens, according to a recent report by market data platform…

Bitcoin Hits New Low Since February, Options Market Stays Optimistic

According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs, “supply will likely outstrip…

Crypto Market In Panic As Bitcoin Crash To $57,000 Sends 105,000 Traders To The Slaughter

The crypto market is in a state of panic with a market-wide crash that has shaken Bitcoin and altcoins. With the Bitcoin price continuing to fall from support after support, tens of thousands of traders have lost their positions, leading to…

$207 Million Invested in AI, Crypto and Blockchain Startups in 96 Hours

Based on data from the past four days, 14 distinct artificial intelligence (AI), cryptocurrency and blockchain startups and projects secured approximately $207.28 million in investor funding. The leading entity for July is Sentient, an open-source…