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Tether Expects to Invest Over $1B in Deals in the Next Year: Bloomberg

[Jun 11, 2024 8:09 AM]

Bitcoin Falls Below $67K, More Than 75K Traders Liquidated Amid Market Decline

[Jun 11, 2024 8:06 AM] On Tuesday, the price of bitcoin (BTC) fell to an intraday low of $66,696 per unit, marking a 3.3% decrease over the last 24 hours. This decline resulted in the liquidation of $170.25 million in long derivatives positions, with $50.87 million of…

Polygon Creates New Grants Program, 1B POL Unlocked Over 10 Years

[Jun 11, 2024 8:00 AM] The program will tap into funds made available by Polygon’s Community Treasury, and the team shared that roughly 100 million POL tokens will be given out each year.

Lido Introduces 'Restaking Vaults' in Collaboration with Symbiotic, Mellow Finance

[Jun 11, 2024 7:52 AM] The launch comes after restaking platform EigenLayer started to threaten Lido's dominance in Ethereum DeFi.

Betting Odds Odds Suggest 24% Chance Joe Biden Will Exit 2024 Election Race

[Jun 11, 2024 6:24 AM] According to a bet on Polymarket, a decentralized predictions platform powered by Polygon, there’s a wager on whether current U.S. President Joe Biden will exit the 2024 election race. Currently, the likelihood of Biden stepping down has grown over…

Crypto Exchange Crypto.com Secures Spot on Ireland's Virtual Assets Service Provider Register

[Jun 11, 2024 6:12 AM] The company has also received approval in Dubai, U.K., the Netherlands and Spain.

First Mover Americas: Bitcoin Falls Below $67K as ETFs' Inflows Streak Ends

[Jun 11, 2024 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

'Asia's MicroStrategy' Metaplanet Buys Another ¥250 Million Worth of Bitcoin

[Jun 11, 2024 3:41 AM] Longstanding Japanese hotel and services provider Metaplanet announced on X it purchased another ¥250 million ($1.8 million) worth of Bitcoin. This latest buy comes as Metaplanet mimics MicroStrategy's high-profile corporate bitcoin accumulation…

Fed Should Cut Interest Rate as Restrictive Stance Adds to Inflation, Democrats Say

[Jun 11, 2024 3:37 AM] Elevated interest rates aimed at taming inflation have become a part of the problem, three Democrat senators said.

Bitcoin ETFs See $65M Net Outflows on Monday, Breaking 19-Day Record Streak

[Jun 11, 2024 3:34 AM] Grayscale’s GBTC saw $40 million in outflows, the most among its counterparts, while Bitwise’s BITB led inflows at $7.6 million.

Cardano Is on Track for Voltaire Upgrade This Month, Co-Founder Hoskinson Says

[Jun 11, 2024 3:11 AM] The network is ready for its Chang fork and waiting for 70% of operators to install the new node.

Meme Sector Sees Sharp Sell-off as GameStop Losses Extend to 60%

[Jun 11, 2024 1:06 AM] A Solana meme parody of the actual company was down 25% in the past 24 hours, with steep losses across other meme tokens that tended to move in tandem with GameStop.

ZKsync’s ZK Airdrop Is Coming ‘Next Week,’ Here's What to Expect

[Jun 11, 2024 1:00 AM] According to the plan released Tuesday, 17.5% of ZK's 21 billion total token supply will be airdropped to users beginning "next week."

Bitcoin Slips Below $68K as ETFs Bleed $64M, Asian Stocks Decline

[Jun 10, 2024 11:33 PM] The U.S.-listed spot BTC ETFs registered a cumulative outflow of over $64 million on Monday.

Protocol Village: Wormhole Opens W Staking

[Jun 10, 2024 8:50 PM] The latest in blockchain tech upgrades, funding announcements and deals. For June 10 - June 17.

Mexican Billionaire Ricardo Salinas Doubles Down on Bitcoin, Advises Using It as Inflation Hedge

[Jun 10, 2024 2:35 PM] Ricardo Salinas, the third wealthiest man in Mexico, has recently doubled down on his proposal to use Bitcoin as a reserve asset. On social media, Salinas defended the role of Bitcoin as an inflation hedge, commenting on a post that presented…

AI-Linked Crypto Tokens Underperform as Apple's Event Fails to Impress Traders

[Jun 10, 2024 2:20 PM] Tokens of Render, Fetch.ai, SingularityNET and Bittensor slumped 3%-5% despite mostly flat bitcoin and broader crypto prices.

Optimism Finally Gets Its Mission-Critical 'Fault Proofs'

[Jun 10, 2024 2:00 PM] For years, Optimism was missing a core feature at the heart of its design: "Fault proofs." On Monday, that tech is finally here.

Over 200 BTC From 2013 and 2012 Wallets Awaken, Now Valued at Over $14M

[Jun 10, 2024 1:31 PM] Over the past weekend, 211.51 dormant bitcoins valued at $14.79 million were reactivated after over a decade of inactivity. More than half of these funds originated from bitcoin wallets that had been inactive since 2012. Vintage Bitcoin Wallets…

Zksync Introduces Community Governance With ZK Nation

[Jun 10, 2024 12:36 PM] Zksync, an Ethereum layer two (L2) network developed by Matter Labs, has launched a new community-driven governance system named ZK Nation. The system aims to enhance the governance, security, and scalability of the Zksync protocol through active…

Solana Heavyweights Wage War Against Private Mempool Operators

[Jun 10, 2024 10:52 AM]

EU Vote See Reelection of Some Officials With Key Roles in Bloc's Crypto Journey

[Jun 10, 2024 10:44 AM] Among the MEPs retaining their seats is Stefan Berger, who steered the landmark MiCA legislation.

Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head It Off

[Jun 10, 2024 10:11 AM] A piece of legislation with heavy implications for the digital assets sector made it through the Senate Select Committee on Intelligence's funding package recently without most in the industry – and many in Congress – apparently aware of it, but…

Coinbase's Former Head of Communications Joins Worldcoin

[Jun 10, 2024 9:37 AM]

Stablecoin Issuers Want to Give Something Back in Multi-Trillion-Dollar Market Race

[Jun 10, 2024 9:18 AM] Amid a new generation of yield-bearing stablecoins, PayPal is confident in its purely payments-focused PYUSD.

Onchain Alerts Uncover $19 Million Siphoned From Defi Protocol Uwu Lend

[Jun 10, 2024 8:48 AM] On June 10, the onchain intelligence platform Arkham revealed that the decentralized finance (defi) protocol Uwu Lend may have experienced a potential exploit. Arkham and Cyvers reported that more than $19 million had been siphoned from the lending…

Squads Labs Raises $10M Series A, Unveils Smart Wallet for Public Testing on iOS

[Jun 10, 2024 8:24 AM] The funding round led by Electric Capital included participation from RockawayX, Coinbase Ventures, L1 Digital and Placeholder.

Macron Calls Surprise French Election That's Unlikely to Stir Crypto, Is Likely to Shake Up Government

[Jun 10, 2024 8:05 AM] The French president called a snap election after an unexpectedly poor showing in voting for the European Parliament.

Crypto Custody Firm Fireblocks Partners With Coinbase International Exchange for More 'Reliable' Trading

[Jun 10, 2024 8:00 AM] Fireblocks customers can now connect to their Coinbase International Exchange account and protect exchange operations using the custody tech firm’s governance and policy rules.

Defi Protocol UwU Lend Suffers $19.3M Exploit: Arkham

[Jun 10, 2024 7:27 AM] Lending and liquidity protocol Uwu Lend has suffered an exploit worth $19.3 million, according to several blockchain security firms.