Circle, Tether freezes over $65M in assets transferred from Multichain.
Stablecoin issuers Circle and Tether have frozen over $65 million in assets tied to the suspected exploit of cross-chain router protocol Multichain. The move follows unexplained large outflows from the Multichain MPC bridge on July 6.
According to the knowledge graph protocol 0xScope, three addresses that received at least $63.2 million in USD Coin (USDC) from Multichain are now frozen. Another report from the Fantom Foundation notes that more than $2.5 million in Tether (USDT) had also been fr
BlackRock bullish on Bitcoin, Gemini CEO’s ‘delusion,’ and CEXs’ unhappy staff: Hodler’s Digest
Larry Fink, the CEO of BlackRock (NYSE:BLK), has recently delivered pro-crypto remarks, claiming Bitcoin is an international asset and suggesting U.S. regulators consider how an ETF directly linked to Bitcoin could democratize finance in the country. Under Fink, BlackRock has attempted to launch a spot BTC ETF with crypto exchange Coinbase (NASDAQ:COIN) acting as a surveillance partner. Its unclear if the U.S. Securities and Exchange Commission (SEC) will approve the investment vehicle, given it
UK government moves forward on bill aimed at empowering authorities to seize crypto.
Lawmakers in the upper house of the Parliament of the United Kingdom are moving forward with legislation aimed at expanding authorities’ ability to target cryptocurrencies used for illicit purposes.
In a meeting of the U.K. Parliament’s House of Lords on July 4, lawmakers conducted a third reading of the Economic Crime and Corporate Transparency Bill — legislation introduced in September 2022 as part of efforts to streamline law enforcement’s authority to crack down on crypto-related financial crime. Members of the House of Lords did not appear to propose any changes related to crypto enforcement in the bill’s most recent reading, describing recommendations as “minor” or “tidying up” amendments.
Bitcoin ETFs: Even worse for crypto than central exchanges.
Recent weeks have seen a surge in interest from traditional finance for crypto-based exchange-traded funds (ETFs). After the Securities and Exchange Commission took issue with its initial filing, BlackRock (NYSE:BLK) submitted a fresh application for a Bitcoin ETF on July 3. A week earlier, Fidelity led a crop of investment firms in lodging applications with the SEC for Bitcoin-based ETFs. Meanwhile, HSBC has become the first bank to offer Bitcoin (BTC) and Ether (ETH) ETFs to customers in Hong
BlackRock spot Bitcoin ETF filing names Coinbase as ‘surveillance-sharing’ partner.
The most recent filing involving asset manager BlackRock’s attempt to launch a spot Bitcoin exchange-traded fund (ETF) included a “surveillance-sharing agreement” with cryptocurrency exchange Coinbase (NASDAQ:COIN).
According to a June 29 filing with the United States Securities and Exchange Commission (SEC), the Nasdaq stock exchange refiled for a proposed rule change allowing the listing of BlackRock’s Bitcoin (BTC) ETF. The filing included details of a June 8 agreement between the Nasdaq and
Ethereum (ETH) Whale Transactions up 54%, Possible Impact.
(ETH) has made various headlines in recent weeks for its subtle performance upticks. While the second largest cryptocurrency has relatively mild growth, it is seeing a massive hike in its whale transactions. to data from crypto analytics platform IntoTheBlock (ITB), large Ethereum transactions skyrocketed by 54.35% to print a total of $2.81 billion.
Specifically, the number of large transactions jumped from 2,120 on July 2 to 3,230 at the time of writing.
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Ecoterra (ECOTERRA) - Recycle-to-earn project aiming to give cryptocurrency a new green, environmentally-friendly reputation - u
Vitalik Buterin declares he is not staking all of his ETH, merely a 'small portion’.
Ethereum co-founder Vitalik Buterin stated that he does not stake all of his Ethereum (ETH) due to multisignature (multisig) wallets being “complicated in a bunch of ways.”
On the 29 June episode of the Bankless Podcast, titled Restaking Alignment, Buterin revealed the “biggest reason” why he is only staking a small fraction of his Ethereum, as opposed to staking the entirety of it. He explained:
Redditor up 25% after boldly taking out $59K worth of personal loans to buy BTC.
A Redditor and member of the r/CryptoCurrency community claims to be up 25% or $19,500 after taking out three personal loans worth a combined $59,000 to buy Bitcoin (BTC) over the past 18 months.
According to the crudely named r/Vaginosis-Psychosis, they now have a total of 2.65 BTC, which is worth $80,400 at current prices and are betting big on the price of BTC hitting $100,000 by early 2025.
Remember that trading cryptocurrencies involves risk, and losses are possible. It's important to start with funds you can afford to lose and be prepared for potential market volatility. Consider seeking advice from financial professionals before making any investment decisions.
Universities use blockchain-based storage to protect and democratize data.
Academic institutions house some of the world’s most important data generated from years of research. Yet centralized data storage models are becoming a concern for many universities looking to keep critical information safe and accessible.
Danny O’Brien, a senior fellow at the Filecoin Foundation and Filecoin Foundation for the Decentralized Web (FFDW) — an independent organization that facilitates governance of the Filecoin network and funds development projects — told Cointelegraph that data
US SEC deems spot Bitcoin ETFs filings as inadequate.
There may be a longer wait for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, as the Securities and Exchange Commission labeled investment managers’ recent applications inadequate.
According to The Wall Street Journal, the securities regulator told the Nasdaq and the Chicago Board Options Exchange (Cboe) that their filings are not “sufficiently clear and comprehensive.” These exchanges represent asset managers in the filing of the financial product.
Research and stay informed: Keep up with the latest news, trends, and developments in the cryptocurrency space. Follow reputable sources, read whitepapers, and understand the underlying technology and potential use cases of different cryptocurrencies.
Analyze the team: Look into the team behind the cryptocurrency project. Assess their experience, qualifications, and track record. A strong and competent team increases the likelihood of success.
Assess market demand: Evaluate the potential marke
Research the Project: Before participating in any airdrop, it is vital to thoroughly research the project behind it. Look for a reputable website, whitepaper, or social media presence. Genuine projects usually have well-developed websites with comprehensive information about their team, goals, roadmap, and technology. Verify their social media accounts, including Telegram groups and Twitter handles, to gauge the project's legitimacy and community engagement.
Solana, a layer-one blockchain, has witnessed hard times and is now a pioneer in the blockchain community to adopt artificial intelligence in an attempt to stop its downtrend. Recently, solana launched its latest ChatGPT plugin, with features that allow the purchase of non-fungible tokens, sending crypto, and analyzing on-chain data. This new plugin can be downloaded from GitHub.
Solana Labs CEO Anatoly Yakovenko mentioned that he expects a newer version of the plugin to have the capability of