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Crypto Hacks and Fraud Losses Double to $572M in Q2 2023
June 27, 2024
In an alarming trend for the cryptocurrency industry, losses due to hacks and fraud nearly doubled in the second quarter of 2023, reaching a staggering $572 million, according to a …
Read moreRarimo Launches RariMe: A Worldcoin Alternative Focused on Privacy
June 27, 2024
In an exciting development within the digital identity space, Rarimo has announced the launch of RariMe, an application that aims to provide a more privacy-focused alternative to Worldcoin. This innovative …
Read moreCrypto Firm Abra Settles With US States To Repay $82 Million To Customers
June 27, 2024
Crypto investment platform Abra and its CEO, William 'Bill' Barhydt, have reached a significant settlement with 25 US state regulators due to unlicensed crypto trading services. As per a recent …
Read moreUS Government Moves Nearly 4,000 BTC Worth $240 Million to Exchange
June 26, 2024
The US government has transferred 3,940 Bitcoin, approximately worth $240 million, to Coinbase on June 26, according to Arkham Intelligence data. This movement has sparked speculation about a potential sell-off. …
Read moreBitwise CIO Predicts Massive $15 Billion Inflow for Ethereum ETFs Despite Grayscale Outflows
June 26, 2024
Bitwise CIO Matt Hougan has projected a significant market movement with the introduction of spot Ethereum (ETH) exchange-traded funds (ETFs). According to Hougan, these ETFs are expected to see a …
Read moreBlast Airdrop Leaves Users Disappointed Despite $354 Million Distribution
June 26, 2024
The recent Blast airdrop, which distributed an impressive $354 million worth of tokens to users, has left many in the DeFi community feeling underwhelmed. Despite the substantial free crypto rewards, …
Read moreFTX Granted Court Approval For Liquidation Plan Amidst Creditor Objections
June 26, 2024
A US bankruptcy court has granted FTX, the collapsed cryptocurrency exchange, approval to solicit votes on a liquidation plan to compensate customers and resolve government penalties. The plan, which aims …
Read moreRep. Matt Gaetz Proposes Bill for Federal Tax Payments in Bitcoin
June 26, 2024
In a landmark move, Congressman Matt Gaetz (R-Fla.) has introduced legislation that would enable U.S. citizens to pay their federal taxes using Bitcoin. This initiative positions the United States as …
Read moreAccess Protocol Launches Solana’s Actions and Blinks for Streamlined Crypto Transactions
June 25, 2024
Solana Labs, the company behind the Solana blockchain, has partnered with communications startup Dialect to introduce a new product called Actions and Blinks. According to a June 25 statement, Access …
Read moreGermany Intensifies Bitcoin Sell-Off, Causing Market Stir
June 25, 2024
The German government is amplifying its efforts to divest Bitcoin seized from a movie piracy website, exerting selling pressure on an already volatile market. Arkham Intelligence data reveals that the …
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