Late Saturday, an Ethereum layer-2 network called Linea found itself stuck between a rock and a hard place. Using an exploit, attackers had drained $2.3 million worth of ETH from a decentralized exchange that operates on Linea, called Velocore. Unable to reach the Velocore team, Linea’s leadership made the decisive call to freeze all transactions across the network in an…
The president of Ripple Labs has criticized the U.S. Securities and Exchange Commission (SEC)’s approach to regulating the crypto sector, emphasizing that the regulator is on a “warpath” with the industry. She highlighted the inefficiency of the current approach, stating: “This whole dynamic of setting rules through enforcement … is really unproductive and not getting […] Source: https://news.bitcoin.com/ripple-president-says-sec-on-warpath-with-crypto-industry/
The Stand With Crypto political action committee claims that nearly nine in 10 Americans believe the financial system needs an overhaul. Source: https://cointelegraph.com/news/stand-with-crypto-pac-1-million-advocates
Galaxy Digital CEO Mike Novogratz predicts bitcoin could hit $100,000 by year-end, citing a positive U.S. political environment for digital assets. He highlighted growing optimism for cryptocurrencies and progress on SEC approval of spot ethereum ETFs. However, the industry recently faced a setback when President Joe Biden vetoed a resolution to overturn the controversial crypto […] Source: https://news.bitcoin.com/mike-novogratz-expects-bitcoin-to-hit-100k-by-year-end-as-us-political-support-for-crypto-grows/
Zone’s layer-1 blockchain is purportedly Africa’s first decentralized, cross border, currency-agnostic payments solution. Source: https://cointelegraph.com/news/zone-launches-pos-gateway-instant-settlements-charge-back-protection
The international arm of New York-based Paxos will issue a U.S. dollar-pegged stablecoin that will not be available in the United States. Source: https://cointelegraph.com/news/paxos-launches-interest-bearing-stablecoin-usdl
On June 5, 2024, the crypto derivatives exchange Bitmex announced it is offering 200x leverage for ethereum perpetuals ahead of the U.S. ether exchange-traded funds (ETFs) trading debut. Bitmex Ramps Up Ethereum Trading With 200x Leverage Offering According to a social media post on X published Wednesday, Bitmex is introducing 200x leverage perpetuals for ethereum […] Source: https://news.bitcoin.com/ahead-of-ether-etfs-debut-bitmex-introduces-200x-leverage-for-ethereum/
Whether the U.K. Conservative Party maintains control of government or Labour is voted in, the House of Commons will be in recess until July 4 and during party conference season. Source: https://cointelegraph.com/news/uk-election-crypto-regulation-delay
Regulatory uncertainty and volatile macroeconomic events may weaken further upside in the BTC price in the near term. Source: https://cointelegraph.com/news/3-reasons-bitcoin-failed-break-above-72-k
If you’re playing Hamster Kombat on Telegram, then you’re surely trying to rack up as many in-game coins as possible ahead of the token launch on The Open Network (TON) and accompanying airdrop. The daily combo is a solid option, but now there’s another way to bank a million free tokens every single day. The daily cipher is a new…
