Crypto meets reality TV in a hit online game just scooped by Uniswap. Source: https://cointelegraph.com/news/uniswap-crypto-game-emmy-nomination
Month: June 2024
Gemini to Pay Another $50 Million in Latest Settlement Over Earn Program
The New York Attorney General’s office on Friday said it has recovered approximately $50 million from cryptocurrency platform Gemini on behalf of more than 230,000 investors who participated in the company’s Earn program. “Hundreds of thousands of people, including at least 29,000 New Yorkers, had their trust broken and their money swindled by Gemini through its bogus Earn program,” said…
Crypto hack losses hit $19B, Terraform Labs shuts down: Finance Redefined
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen in the largest single crypto theft. Source: https://cointelegraph.com/news/crypto-hack-losses-19-b-terraform-labs-shuts-down-finance-redefined
3 reasons why $65K marks the bottom for Bitcoin
Bitcoin’s resilience amid price drops indicates strengthening support at the $65,000 level. Source: https://cointelegraph.com/news/3-reasons-why-65k-marks-bottombitcoin
Bitcoin Layer-2 Network Stacks Halted for 9 Hours—What Happened?
Stacks, a layer-2 scaling network for Bitcoin, experienced a significant disruption Friday as block production stalled for nearly nine hours. The incident, attributed to a Bitcoin reorganization (reorg) and “unexpected miner behavior”, sent shockwaves through the Stacks ecosystem and triggered a 12% drop in the STX token price over the past 24 hours. Stacks was built to enable functionality like…
94% of Central Banks Considering Wholesale CBDCs, Says BIS
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The Bank for International Settlements (BIS) has found that 94% of central banks surveyed are exploring Central Bank Digital Currency (CBDC). But according to the report,…
Ryze Labs Weighs In: Fed’s Stance on Interest Rates and Its Impact on Market Dynamics
Following the release of lower-than-anticipated CPI data on June 12, U.S. equities climbed to record highs, with bitcoin exceeding $70,000. However, Ryze Labs, a venture capital firm investing in blockchain and Web3 projects worldwide, particularly in emerging markets, stated that the Federal Reserve’s hawkish dot plot forecast and subsequent comments by Chair Jerome Powell led […] Source: https://news.bitcoin.com/ryze-labs-weighs-in-feds-stance-on-interest-rates-and-its-impact-on-market-dynamics/
FOMO HOUR 138 – MORE CELEB COINS!
FOMO HOUR 138 – MORE CELEB COINS! Altcoins bleed out heavy, BTC dominance rises towards 60%. Miners continue to be large BTC sellers, whales accumulate. ETF inflows slow, hedge fund allocations point to basis trades. ETH ETFs approvals see little movement, coming ‘in the summer’. Stocks continue to hit ATHs as CPI & PPI both come in soft. TON performs…
3 reasons why Bitcoin analysts believe BTC price recovery is overdue
Bitcoin price data strongly suggests that the current BTC price correction is a buy-the-dip opportunity. Source: https://cointelegraph.com/news/3-reasons-bitcoin-analysts-believe-btc-price-recovery-overdue
Gemini reaches $50M settlement with New York AG over Earn program
Gemini Trust said that affected Earn users could expect “100% of the assets owed to them” within seven days. Source: https://cointelegraph.com/news/gemini-new-york-earn-settlement-investors