Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud. Source: https://cointelegraph.com/news/crypto-hacks-19-billion-13-years
Month: June 2024
Asymmetry, Ampleforth launch afUSD to rival Ethena’s synthetic dollar
Asymmetry Finance’s afUSD synthetic dollar is based on Ampleforth’s supply adjustment mechanism, which stabilizes prices through elastic supply. Source: https://cointelegraph.com/news/asymmetry-ampleforth-launch-afusd-rival-ethena-synthetic-dollar
MetaMask enables pooled staking for Ethereum holders
MetaMask said that 99% of ETH holders do not have the required 32 ETH to participate in Ethereum staking. Source: https://cointelegraph.com/news/metamask-eth-staking-pool-service
‘Superintelligence within just a few years’ — SingularityNET CEO
Industry leaders say the delay in the ASI merger to July 15 will not halt progress toward decentralized superintelligence. Source: https://cointelegraph.com/news/superintelligence-predicted-soon-singularitynet-ceo
Ripple CEO Unveils New Stablecoin Name at XRP Ledger Community Summit
In a significant announcement at the XRP Ledger Community Summit (#XRPL Apex) held in Amsterdam from 11-13 June 2024, Brad Garlinghouse, the CEO of Ripple, unveiled the name of Ripple’s new stablecoin – $RLUSD. Garlinghouse expressed his fondness for the name, stating, “I like to call it Real USD… Ripple USD”. This development marks a […] Source: https://news.bitcoin.com/ripple-ceo-unveils-new-stablecoin-name-at-xrp-ledger-community-summit/
Bitcoin braces for CPI, FOMC as exchanges shed $1.2B of BTC in a day
BTC price action may not inspire hodlers into a new U.S. macro data deluge, but behind the scenes, appetite for Bitcoin is alive and well. Source: https://cointelegraph.com/news/bitcoin-cpi-fomc-exchanges-shed-1-2-b-btc
Crypto downturn nukes $190M leveraged positions as traders eye CPI data
The liquidation comes just a few days after the crypto market recorded a $400 million liquidation on Friday. Source: https://cointelegraph.com/news/crypto-liquidation-190m-ahead-cpi-data
Bitcoin Runes outperforms BRC-20 in onchain activity
Since April 2024, Runes have led Bitcoin network activity, outpacing both Ordinals and BRC-20 in transaction share. Source: https://cointelegraph.com/news/bitcoin-runes-surpass-ordinals-brc20
Donald Trump Champions ‘Made in the USA’ BTC After Meeting With Bitcoin Miners
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 Former president and convicted felon Donald Trump said after a campaign event with Bitcoin miners that he wants “all remaining Bitcoin made in the USA.” The…
Former Coinbase Business Developer: ‘There Wasn’t a Long-Term Case for Bitcoin Payments’
Nick Tomaino, a former business developer and marketing lead at Coinbase, explained how the idea of bitcoin for payments gradually lost its relevance in the market. Tomaino detailed that Coinbase rode this premise back in 2014 to raise $125 million in two funding rounds, but it was quickly clear that there was not a case […] Source: https://news.bitcoin.com/former-coinbase-business-developer-there-wasnt-a-long-term-case-for-bitcoin-payments/