Tokenized investment platform Elmnts has launched on Solana, aiming to make it easier for traders to invest in a range of funds backed by mineral rights royalties. Mineral rights royalties are a form of passive income generated by companies that extract resources such as oil or gas from fund-owned properties. Energy market analytics company RBN Energy estimates that mineral and…
According to Liminal, 75 days after the hack, WazirX still had more than $175 million in its custody despite blaming the custodian for causing the breach. Source: https://cointelegraph.com/news/liminal-responds-wazirx-hack-allegations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Billionaire investor Mark Cuban has dismissed the usefulness of the decentralized prediction market Polymarket when it comes to predicting the 2024 U.S. presidential election winner. “From all indications, most of the money coming into Polymarket is foreign money, so I don’t think it’s an indication of anything,” he said in an interview with CNBC Squawk Box. Polymarket’s odds give Donald…
Michael Saylor, co-founder and executive chairman of MicroStrategy, wishes to leave his wealth to humanity, following in the footsteps of the pseudonymous Bitcoin creator Satoshi Nakamoto. In a recent interview with The New Zealand Herald, Saylor reflected on his personal motivation, revealing his goal goes beyond wealth. “I’m a single guy, I have no children — when I’m gone, I’m…
With self-custody and third-party custodians becoming hot topics within the crypto community, the founder of timechainindex.com, an X user known as Sani, recently posted an eye-opening image of onchain data. The snapshot revealed that Coinbase currently holds 11.72% of the total 19.77 million bitcoin (BTC) in circulation. Sani’s data and insights emphasize the risks tied […] Source: https://news.bitcoin.com/bitcoin-self-custody-calls-intensify-as-centralization-grows-no-one-is-ready-for-the-biggest-hack-in-history/
Pump.fun’s fee account still holds over $47 million worth of Solana tokens, which could add more selling pressure. Source: https://cointelegraph.com/news/solana-price-pump-fun-6-6-m-sale-47m-sol?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin (BTC) and Ethereum (ETH) are approaching critical resistance levels, with experts indicating that both assets could attract significant attention if they break through. The Bitcoin price has fallen 2% in the past day to $66,960, while Ethereum is down 3% at $2,630 during European trading hours, according to data from CoinGecko. Despite the short-term dip, market analysts are optimistic…
Microstrategy co-founder Michael Saylor blasted the original bitcoin community stating that crypto-anarchists were paranoid about possible bitcoin seizure events involving the large companies that currently provide crypto custody. Saylor said that they were the ones who could incentivize a seizure measure due to their lack of compliance with government rules while exercising self-custody. Michael Saylor […] Source: https://news.bitcoin.com/a-hero-falls-bitcoin-community-blasts-michael-saylors-paranoid-crypto-anarchists-and-self-custody-remarks/
Here’s some more information about the tokens: Bonk (BONK) is a cryptocurrency that launched on Christmas Day 2022 as a free airdrop to the Solana blockchain community. It has gained popularity in the Web3 space and operates on the Solana blockchain as a cryptocurrency that emphasizes community involvement and decentralized finance principles. Bittensor (TAO) is a decentralized network connecting global…
The 2024 US Presidential Election has the potential to significantly influence the cryptocurrency market, particularly Bitcoin. Both candidates’ regulatory approaches will likely shape investor sentiment, making the outcome a key event for future Bitcoin price movements. Bitcoin’s Future Post-US Elections 2024 Bitcoin has recently surged to a three-month high near $70,000, driven by increased inflows into exchange-traded funds (ETFs) focused…
