DMM Bitcoin aims to compensate users for a $320 million loss following a major hack by raising equivalent funds. Source: https://cointelegraph.com/news/dmm-bitcoin-raises-320m-recover-funds-hack-crypto-exchange-raises-320-m-to-recover-funds-after-major-hack
Month: June 2024
Bitcoin ETFs worldwide in focus as BTC price passes $71K
BTC price action reaches two-week highs as Bitcoin ETFs see a fresh surge of interest in the U.S. while other jurisdictions prepare to follow suit. Source: https://cointelegraph.com/news/bitcoin-etfs-worldwide-btc-price-71k
BlackRock and Citadel back new Texas national stock exchange
The Texas Stock Exchange (TXSE) reportedly secured around $120 million in funding and is prioritizing ETF listings, as well as aiming to offer a more competitive alternative to the two major US stock exchanges. Source: https://cointelegraph.com/news/blackrock-citadel-back-texas-stock-exchange
BNB Soars to New Heights: Hits New All-Time High of $708
Binance Coin (BNB) has reached a new all-time high (ATH) of $708 at the time of writing, following a 12% increase in price. BNB is the native cryptocurrency of the Binance platform, one of the largest and most popular cryptocurrency exchanges in the world. It was launched in July 2017 and is used for various […] Source: https://news.bitcoin.com/bnb-soars-to-new-heights-hits-new-all-time-high-of-708/
Bitcoin-Based DOG Token Climbs to 8th Largest Meme Coin, Nears $1B Capitalization
The Runes-based meme token DOG•GO•TO•THE•MOON, initiated by Leonidas, the founder of Ord.io, has reached a new pinnacle in its journey. It has ascended to become the 8th-largest meme coin by market capitalization. The token, which combines the fun of a meme coin with the trust of Bitcoin and the efficiency of the Runes protocol, has […] Source: https://news.bitcoin.com/bitcoin-based-dog-token-climbs-to-8th-largest-meme-coin-nears-1b-capitalization/
What is an algorithm of thoughts (AoT)?
Demystify the algorithm of thoughts (AoT), an AI innovation transforming how computers reason and solve problems. Source: https://cointelegraph.com/explained/what-is-an-algorithm-of-thoughts-aot
Argentina Officially Launches Virtual Assets Service Providers Registry
The Argentine securities watchdog (CNV) announced the official launch of Argentina’s Virtual Assets Service Provider (VASP) Registry, allowing almost 100 companies and individuals to apply to be authorized to offer digital assets linked services in the country. The registry will remain open for more companies to submit their application, given that the regulator will only […] Source: https://news.bitcoin.com/argentina-officially-launches-virtual-assets-service-providers-registry/
Bitcoin may hit new high if US employment, inflation slows
Bitcoin could hit new highs in a matter of days if it holds strong amid three-year low job openings and possible slowing inflation in the U.S., says crypto researcher Markus Thielen. Source: https://cointelegraph.com/news/bitcoin-new-high-slowing-us-inflation-employment-data
US political change could expose crypto to $20T industry: Bitwise
Regulatory uncertainty is holding back the $20 trillion dollar financial advisory industry from investing more in crypto, claims Bitwise investment head Matt Hougan. Source: https://cointelegraph.com/news/us-policy-change-expose-crypto-20-trillion-industry-bitwise
FLOKI Token Reaches 417,400 Holders, Leading Memecoin on BNB Chain
The memecoin FLOKI recently crossed 417,400 holders on the BNB Chain, making it the biggest memecoin on that blockchain by market capitalization and number of holders. Recently, the Floki developers launched a new Telegram-based trading bot that allows holders to trade any token on the BNB Chain network, charging a 1% fee, with 50% of […] Source: https://news.bitcoin.com/floki-token-reaches-417400-holders-leading-memecoin-on-bnb-chain/