As of today, the market capitalization of tokenized U.S. Treasuries stands at an impressive $1.92 billion, reflecting a $110 million increase since July 9, 2024, marking a 6.08% rise over roughly five weeks. Blackrock’s BUIDL continues to lead the pack among tokenized Treasury assets by market cap, experiencing a $14.85 million uptick in just 38 […] Source: https://news.bitcoin.com/110m-added-to-tokenized-treasuries-in-5-weeks-market-cap-approaches-2b-mark/
On Aug. 16, 2024, with bitcoin (BTC) hovering above the $58,000 mark, a bitcoin wallet that had been untouched since Jan. 8, 2014, moved 174.88 BTC for the first time in over a decade. Back when the funds were initially secured by the P2PKH (Pay to Public Key Hash) address, they were valued at $151,970. […] Source: https://news.bitcoin.com/dormant-bitcoin-wallet-from-2014-moves-10-2m-after-a-decade/
A new report from the UK’s National Crime Agency has found that as much as $5.1 billion worth of illicit crypto transactions are linked to the country every year, with both digital and crypto related crime on the rise. The agency’s findings were published in its annual National Strategic Assessment, which draws on data from law enforcement, government, and private…
Bitcoin could stage a recovery above $66,000 by September but faces significant resistance around $61,700. Source: https://cointelegraph.com/news/bitcoin-back-acccumulation-what-mean-btc-price?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The average Norwegian “owns” $27 worth of Bitcoin indirectly as of the first half 2024, thanks to investments made by the country’s sovereign wealth fund. According to K33Research, the Norwegian sovereign wealth fund (NBIM) now has indirect exposure to 2,446 BTC through investments in tech firms with exposure to the cryptocurrency. Its “holdings,” worth just over $143 million, have increased…
Indian crypto exchange Wazirx has informed users that it is focusing on resolving issues related to INR and crypto balances. The exchange emphasized that both solutions require ongoing legal analysis and urged users not to panic. Wazirx acknowledged users’ frustration but cautioned that drastic actions could cause further delays. Wazirx’s Update on Top Priority Post […] Source: https://news.bitcoin.com/wazirx-crypto-and-inr-balance-solutions-top-priority-urges-users-not-to-panic/
The upgrade deployment script failed to call an important initialization function, leaving the vote threshold at zero and allowing anyone to withdraw ‘without signature.’ Source: https://cointelegraph.com/news/ronin-bridge-hack-upgrade-deployment-script-verichains?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Onchain derivatives fuel DeFi’s resurgence, with daily volumes reaching $5 billion amid rising competition. Source: https://cointelegraph.com/news/defi-market-derivatives-surge-capital-tvl?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea’s National Pension Service (NPS) has revealed investments in cryptocurrency-related companies with a multi-million dollar purchase of MicroStrategy stock. According to a recent filing. South Korea’s national pension fund acquired shares in MicroStrategy (MSTR), a company known for its substantial Bitcoin holdings. The NPS purchased 24,500 shares of MicroStrategy in the second quarter of 2023, at an average price…
In mid-August, bitcoin’s price dipped below $60,000, hitting a low of $56,646 per BTC on Thursday. Currently, BTC is hovering just above $58K, sitting at $58,267, which is about 20.2% lower than its all-time high (ATH) of $73,737 reached on March 14. While BTC has seen a 20.2% drop from its ATH, several other leading […] Source: https://news.bitcoin.com/top-10-cryptos-today-down-between-20-and-89-from-all-time-highs/
