Aave Network Set to Launch Following Aave V4 Protocol
In a recent social media post, Stani Kulechov, the founder of Aave, announced that the Aave Network is expected to launch following the completion of the Aave V4 protocol. This development is eagerly anticipated by the defi community, as the Aave Network is projected to become one of the largest Layer 2 networks on Ethereum, […]
Dune unveils platform for simplifying blockchain data integration
Dune announces Dune Catalyst, a new enterprise solution for easy EVM blockchain data integration and management, enhancing community growth and insights.
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Betting platform Rivalry launches RVLRY token in Web3 expansion
Rivalry Token to revolutionize Gen Z betting with blockchain technology, launching in H2 2024 for enhanced user engagement.
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Bitcoin and Ether ETF markets poised to reach $450B — Bernstein
Bernstein report projects Bitcoin and Ether ETF markets to reach $450B, driven by crypto price forecasts and ether’s commodity classification, with positive implications for other tokens like Solana (SOL).
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P2P.org unveils first Restaking API for ETH, empowers intermediaries with automated staking solutions
P2P.org unveils a first-of-its-kind Restaking API, streamlining Ethereum staking for intermediaries and enhancing user rewards.
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TRON network officially supported by LayerZero
TRON joins forces with LayerZero to offer efficient cross-chain interactions, enabling developers to expand their dApps across 70+ networks.
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From Web3 Casino to VR GAMBLEVERSE: MetaToken Successfully Closes $5 Million Private Round
PRESS RELEASE. On April 21st, MetaToken, a casino project on Ethereum and TON, announced the successful closure of its private funding round. The project attracted $5 million in just one week, establishing itself as a powerful new player and highlighting the growing interest in innovative gaming platforms. Now the project is in the presale stage […]Crypto Investor Arthur Cheong Predicts Big Ethereum Rally Before ETH ETF Starts Trading
Veteran crypto investor Arthur Cheong is predicting a rally for Ethereum (ETH) ahead of a possible launch of exchange-traded funds (ETFs) for the top altcoin. Cheong, the founder of DeFiance Capital, tells his 167,400 followers on the social media platform X that Ethereum could soar nearly 14% from the current value before spot ETH ETFs […]
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Swiss University Introduces 16-Day Bitcoin Course; Critics Question Exorbitant Fee
The Zurich University of Applied Sciences has said it will kickstart a 16-day Bitcoin economy training course in March 2025. The short course aims to help students understand how bitcoin influences the financial system. Understanding Bitcoin’s Impact on the Financial System The Zurich University of Applied Sciences (HWZ), a Swiss institution, has said it is […]Riding a Wave of Positive News, Crypto Markets Turn Bullish
In a series of positive developments, the cryptocurrency market appears to be entering a bullish phase, marked by significant regulatory approvals and an apparent shift in political relevancy. The U.S. Securities and Exchange Commission’s unexpected approval of spot ether ETFs, coupled with former President Donald Trump’s pro-crypto stance and pledges, signals a growing acceptance and […]Possible BNB Chain exploit sees $80K in BTC lost
BNB Chain loses $80K worth of Bitcoin in potential exploit, raising questions about the attacker’s identity and intentions as a possible white hat hacker.
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China’s Industrial Bank rewards digital yuan spending with carbon credits
Industrial Bank (CIB) introduces carbon credit rewards for digital yuan use, promoting green finance and expanding the e-CNY ecosystem.
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Former Mt. Gox CEO Mark Karpelès Assures No Imminent Bitcoin Sale, “Everything Is Fine”
In a social media post, Mark Karpelès, the former CEO of the now-defunct cryptocurrency exchange Mt. Gox, provided a status update on the recent situation. He assured followers that “everything is fine with MtGox” and revealed that the trustee is currently moving coins to a different wallet in preparation for a distribution that is expected […]Trump Inquired if Bitcoin Could Aid in Solving the $35 Trillion US National Debt Problem
David Bailey, CEO of Bitcoin Magazine and a cryptocurrency aide of the Trump campaign, revealed that the former president asked if Bitcoin could be leveraged to solve the U.S. national debt problem. During an X space on Sunday night, Bailey revealed that the first time he met Trump, he asked if Bitcoin could do anything […]Crypto Markets Spooked as Mt. Gox Moves Over $9B in Bitcoin
The price of bitcoin (BTC) fell sharply after Mt. Gox, the infamous cryptocurrency exchange that went bankrupt a decade ago, began moving billions worth of the cryptocurrency to a new wallet, Mt. Gox’s first bitcoin transfers in five years. So far the transactions total at least $9 billion worth of bitcoin. Bitcoin’s value dropped below […]Crypto Strategist Issues Solana Warning, Says SOL Gearing Up for a Meltdown – Here’s His Outlook
An analyst who continues to build a following with contrarian crypto calls believes that Solana (SOL) is one more rally away from witnessing a total meltdown. Pseudonymous analyst Credible tells his 395,200 followers on the social media platform X that he thinks Solana is in a distribution phase or a period when deep-pocketed investors in […]
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Microstrategy’s Michael Saylor States Spot Ether ETF Approval ‘May Be Better for Bitcoin’
Michael Saylor, Executive Chairman of Microstrategy, stated that the approval of several spot ether ETF proposals by the U.S. SEC might be good for Bitcoin. In “What Bitcoin Did,” Peter McCormack’s podcast, Saylor stated this approval gives rise to a crypto asset class, including several use cases like tokens, NFTs, and defi, with Bitcoin at […]Turkish Parliament Committee to Review Crypto Bill This Week
The Turkish parliament’s Planning and Budget Committee will discuss a draft law this week that would require crypto asset service providers to obtain licenses and register. This move aims to enhance Turkey’s compliance with the Financial Action Task Force (FATF) standards. In 2021, FATF placed Turkey on its “grey list” due to inadequate oversight of […]Donald Trump’s Crypto Holdings Top $10 Million, Arkham Says
Former U.S. President and presidential candidate Donald Trump’s cryptocurrency holdings reached $10 million on Monday morning, according to crypto analytics firm Arkham’s onchain tool. The bulk of Trump’s holdings, $7.3 million, is in the TRUMP coin. Trump has pledged to support the crypto industry, promising to halt President Joe Biden’s anti-crypto initiatives and protect bitcoin. […]Grayscale’s Ethereum ETF could bleed $110M daily in first month: Kaiko
If Grayscale’s slated spot Ether ETF follows the same path as its Bitcoin one, there could be some short-term pressure on the price of ETH.
Grayscale’s yet-to-launch spot Ether (ETH) exchange-traded fund (ETF) could bleed an average of $110 million per day if it follows a similar pattern to its Grayscale Bitcoin Trust in the first month.
The Grayscale Bitcoin Trust (GBTC) converted from a closed-end fund to an ETF on Jan. 11, which saw 23% of its assets under management at launch flow out in the first month — totaling $6.5 billion, Kaiko analysts wrote in a May 27 report.
ETHE has an AUM of $11 billion. If it has “a similar magnitude of outflows” as GBTC, “this would amount to $110 million of average daily outflows or 30% of ETH’s average daily volume on Coinbase,” according to Kaiko.
‘Yield-bearing stables’ are not money or stablecoins: Agora’s van Eck
Yield-bearing stablecoins are far more likely to be classed as security products in many countries and would restrict customer reach, argues the son of Jan van Eck.
Stablecoin issuers that offer a yield-bearing element to give holders passive income are missing the point of a stablecoin’s core mission, argues Nick van Eck, CEO of stablecoin issuer firm Agora.
Instead, these firms should focus on utility, liquidity and means of transaction in a way that reaches as many individuals and businesses as possible, the son of investment management maestro Jan van Eck explained in a May 27 Medium post.
Yield-bearing stablecoins have offered a new dimension for decentralized finance users looking to earn interest, but van Eck says such products will likely be classed as security products in many countries and, therefore, restrict customer reach.
Economist Henrik Zeberg Says Bitcoin Days Away From Next Big Move – Here’s His Price Target
Macro strategist Henrik Zeberg is predicting Bitcoin (BTC) will make a big move to the upside any day now. In a new interview on the Bloor Street Capital YouTube channel, Zeberg says Bitcoin could soar more than 64% from its current value by the third quarter of the year. “In January I said $110,000 to […]
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Analyst Predicts ‘Prolonged and Substantial Gold Bull Market’ — Eyes $7,000 Price
Adam Rozencwajg of Goehring and Rozencwajg, a fundamental research firm specializing in contrarian natural resource investments, forecasts a sustained bull market for gold, driven by increasing geopolitical tensions, central banks’ efforts to de-dollarize, and escalating inflation risks. He predicts that gold prices could reach $5,000 to $7,000 per ounce, supported by unprecedented central bank purchases, […]JPMorgan Doubts SEC Will Approve Solana or Other Crypto ETFs
Global investment bank JPMorgan has expressed doubt that the U.S. Securities and Exchange Commission (SEC) will approve solana ETFs or any other spot crypto ETFs beyond bitcoin and ether. The decision by the SEC to approve ether ETFs “is already stretched given the ambiguity about whether ethereum should be classified as security or not,” said […]Bitcoin exchange-traded products now hold over 1 million BTC
The collective total held by all Bitcoin ETFs globally is now more than 1 million coins, currently worth almost $68 billion.
Bitcoin (BTC) exchange-traded products — investment vehicles that track the price or provide exposure to BTC — have surpassed 1 million in Bitcoin holdings globally.
Since spot Bitcoin ETFs first launched in the United States in mid-January, the 11 ETFs have sucked up 855,619 Bitcoin, accumulating an average of 6,200 BTC per day.
According to data shared by HODL15Capital, another 21 Bitcoin exchange-traded products — offered in Canada, Germany, Brazil and other countries — pushes the total number of Bitcoin held to 1,002,343 BTC, worth an estimated $68 billion.
Solana validators vote to keep full control of priority fees
Solana validators vote for a full allocation of priority fees to themselves, ending the 50/50 burn split and aiming to enhance network security.
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Russian Traffic to Global Crypto Exchanges Surges; Central Bank Warns of Western Sanctions Risk
The surge in Russian traffic to global cryptocurrency exchange platforms in the last two quarters has prompted officials to issue a warning about the risk of Western sanctions. According to a central bank study, Russian traffic to some of the largest crypto exchanges increased by 16.4%, reaching 104.6 million visits. Russian Share of Global Traffic […]Argentine Officials Met With Salvadoran Regulators to Discuss Bitcoin Adoption and Regulation
Argentine officials of the CNV, the country’s equivalent to the U.S. SEC, and Salvadoran officials of the CNAD, the National Commission for Digital Assets, met on May 23 to discuss bitcoin regulation and adoption issues. This meeting was the second between these two institutions and hints at a possible regulation agreement between the two countries. […]Bitcoin dips 2% as Mt. Gox wallets move over $7B to unknown wallet
Billions in Bitcoin reportedly belonging to collapsed crypto exchange Mt. Gox has moved to an unknown wallet.
Bitcoin (BTC) dipped 2% on May 28 after wallets labeled as belonging to the collapsed crypto exchange Mt. Gox moved 107,547 BTC worth nearly $7.3 billion to an unknown wallet — with more transactions coming in by the hour.
The move is ahead of the defunct crypto exchange’s plan to return BTC holdings to creditors before October.
Blockchain tracking X account Whale Alert posted the moves in May 28 X posts, noting six on-chain transactions of between 3,999 BTC and 32,499 BTC within hours.
‘Hacker’ identified in celebrity memecoin scams, says crypto sleuth Roxo
A person associated with Caitlyn Jenner’s JENNER coin launch rugged five other prominent figures, but not her, according to Roxo.
A member of the X crypto community who identifies as Roxo has suggested the identity of the “hacker” who compromised the X accounts of celebrity Caitlyn Jenner, rappers Soul Ja Boy and Rich The Kid, and adult-content models Kazumi and Ivana Knöll. Roxo, who appears to be an 18-year-old located in Miami with 17,100 followers, posted his solution to a mysterious wave of suspicious tweets posted over the weekend of May 25-26.
“She [Jenner] was never hacked, Her team was socially engineered by a guy named Sahil,” Roxo tweeted. Instead, he suggested, the other celebrities were rugged. Roxo reproduced a Telegram post of Sahil Arora and various pictures from his account, including one of him posing with Rich The Kid. Roxo also pointed out that the coins launched on pump.fun on behalf of Soul Ja Boy, Rich The Kid, Kazumi, and Knöll all connected to Arora’s wallet address.
Related: Memecoin launcher pump.fun claims ex-employee behind $1.9M exploit