The cryptocurrency market has been rocked by significant fluctuations, with Bitcoin ETF losses continuing to accumulate. On September 3, spot Bitcoin exchange-traded funds experienced their fifth consecutive day of outflows, totaling $287.8 million in negative flows. As the market grapples with sharp declines, Bitcoin ETFs now hold a total net asset value of $52.7 billion, according to SoSo Value data.…
Bitfarms has fired back at Riot in the latest rift between the two Bitcoin mining firms and an increasingly contentious takeover fight. In a statement Wednesday, Bitfarms said that Riot had “declined to engage with us constructively” and that its rival’s takeover plan would hurt shareholders. Riot has been trying to snap up smaller miner Bitfarms for months. Riot yesterday…
Recent polling among cryptocurrency holders has candidate Donald Trump firmly ahead of his opponent but researchers are undecided about whether it even matters. Source: https://cointelegraph.com/news/crypto-voting-bloc-not-voters-political-scientists-debate-election-impact?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
In the world of decentralized finance, security breaches have become an unfortunate reality, and the recent attack on the Penpie yield optimizer—a protocol based on Pendle—once again underscores the importance of DeFi platform security. On Tuesday, Penpie was hacked, resulting in the theft of approximately $27.3 million in assets. However, Pendle, the parent protocol, announced on Wednesday that it successfully…
Tether and Mahidol University International College (MUIC), a prestigious institution in Thailand known for its diverse and international academic programs, have signed a Memorandum of Understanding (MOU) to integrate stablecoin, blockchain, and peer-to-peer (P2P) technology into MUIC’s curriculum. This collaboration will feature workshops, guest lectures, and research projects aimed at enhancing finance education and fostering […] Source: https://news.bitcoin.com/thailands-mahidol-university-partners-with-tether-to-integrate-blockchain-and-stablecoin-education/
Following John Deaton’s Republican primary win in Massachusetts on Tuesday, the crypto attorney is set to square off against Senator Elizabeth Warren—both at the ballot box and on the debate stage. In a Thursday post on Twitter (aka X), Deaton challenged Warren to five “single-issue debates,” on topics including inflation, the debt crisis, and the economy. Warren told the Associated…
Bitcoin ATM scams have surged dramatically in recent years, with Americans losing over $10 million per month to these fraudulent schemes in 2023 alone. According to a report from the Federal Trade Commission, fraud involving Bitcoin ATMs has increased tenfold between 2020 and 2023, costing U.S. residents $65 million in just the first half of the year. Unfortunately, the actual…
The European Parliament is set to establish a new European Commission, and it will determine the next five years of crypto policy for the European Union. Source: https://cointelegraph.com/news/new-regulators-define-european-crypto-policies?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Though the SEC may choose not to appeal the Aug. 7 decision, Ripple’s lawyers requested that 111% of the monetary judgment be placed into a bank account to obtain a stay. Source: https://cointelegraph.com/news/ripple-sec-stay-court-judgment-appeal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity in 2024. Researchers Tanay Ved and Matías Andrade from Coin Metrics highlight the challenges these networks face as total fees and token performance drop below early-year highs. Ethereum, Solana, and Bitcoin See Sharp Drop in […] Source: https://news.bitcoin.com/report-l1-blockchains-experience-slowdown-in-2024-amid-declining-activity/
