Ethereum’s price exhibited volatility on Tuesday, coinciding with the launch of U.S. spot ether exchange-traded funds (ETFs) on Wall Street. At around 5 a.m. EDT, ETH surged to an intraday high of $3,540 per coin but later dropped to approximately $3,406 by 12:55 p.m. in the afternoon. Ether’s Bearish Sentiment Dominates Trading Day Amid ETF […] Source: https://news.bitcoin.com/ethereum-market-stagnation-marks-tepid-trading-day-despite-etf-launch/
Congressional Democrats asked the AI firm, “What is the percentage of computing resources that OpenAI is dedicating to AI safety research?” Source: https://cointelegraph.com/news/us-lawmakers-letter-open-ai-requesting-government-access?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
India has decided to keep its controversial crypto tax rules unchanged, as revealed in the Finance Minister’s budget speech. These rules have been a topic of intense debate within the country, impacting both investors and the broader crypto market. Let’s dive into the details of these crypto tax rules and their implications. Overview of India’s Crypto Tax Rules India’s crypto…
Bitcoin nears $66K as significant market movements capture the attention of crypto investors worldwide. A notable factor contributing to this surge is the recent transfer of $130 million worth of Bitcoin from the defunct Mt. Gox exchange to Bitstamp. Let’s delve into the implications of this event and the potential impact on Bitcoin’s price trajectory. The Mt. Gox Factor Mt.…
DeFi giant dYdX has recently announced that its V3 platform has been compromised. This troubling news comes just as the company is reportedly up for sale, highlighting significant concerns regarding DeFi platform security. Let’s delve into the details of this incident and its implications for the decentralized finance space. V3 Platform Compromise Details On July 23, 2024, dYdX revealed that…
Ether, the second-largest cryptocurrency by market capitalization, has recently risen above $3,500, driven by the anticipation of upcoming Ether ETF trading. However, concerns about inflows and market stability remain. This article will delve into the factors contributing to Ether’s price rise and the potential implications of Ether ETF trading. Ether’s Price Surge and Market Dynamics Ether (ETH) has experienced a…
Ethereum price has a muted response to today’s spot ETH ETF launch, but traders still expect Ether to hit new highs soon. Source: https://cointelegraph.com/news/crypto-traders-say-ethereum-undervalued-expect-spot-eth-etf-to-fuel-new-highs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The day before the spot ether exchange-traded funds (ETFs) were introduced, Coinbase posted on X to clarify its position regarding spot BTC and ETH ETFs. The company mentioned that it holds assets for ten out of 11 spot bitcoin ETFs and eight out of nine ether ETFs. Gabor Gurbacs, founder of Pointsville and former strategy […] Source: https://news.bitcoin.com/single-entity-risk-questioned-as-coinbase-dominates-eth-and-btc-etf-reserve-storage/
Selini Capital and Wintermute Trading are reportedly bidding on dYdX’s v3. The protocol’s v3 version was compromised on July 23. Source: https://cointelegraph.com/news/dydx-explores-sale-derivatives-trading-arm?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
An attacker appears to have installed a token-draining program on the official domain for dYdX version 3.0. Source: https://cointelegraph.com/news/dydx-v3-compromised-apparent-dns-attack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
