Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1
Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic dollar, USDH, on Bitcoin’s layer one (L1) through the...
Month: July 2024
Google Trends Shows Ethereum Interest Rising Rapidly as ETF Launch Approaches
According to recent statistics from July 16, 2024, Google Trends data reveals a significant increase in interest for the term...
$301M Flows Into Bitcoin ETFs, Led by Blackrock and Ark Invest
U.S. spot bitcoin exchange-traded funds (ETFs) saw their seventh consecutive day of inflows on Monday, attracting $301.04 million. Both IBIT...
Bitcoin price rally to $65K fueled by ‘complete exhaustion’ from sellers — Glassnode
Bitcoin price displayed surprising strength after various market participants absorbed over 48,000 BTC that the German government sold.
Angel Drainer reportedly shuts down after devs potentially identified
Two hours after Match Systems claimed to have discovered the identity of Angel Drainer developers, users began complaining that the...
Trader Updates Bull Market Outlook, Says Bitcoin Downtrend Now Over After Successful Reclaim of Critical Range
A crypto strategist who nailed the Bitcoin pre-halving correction this year thinks BTC has carved a mid-cycle bottom. Pseudonymous trader...
Ethereum Primed To Outperform Bitcoin Following Launch of Spot ETH ETFs: Kaiko Analytics
Ethereum is likely gearing up to outrun Bitcoin (BTC) after the launch of spot ETH exchange-traded funds (ETFs), according to...
Multipool Enters Strategic Partnership With Tokinvest Delivering Next-Level Tokenized Real-World Asset Trading
July 16, 2024 – Majuro, Marshall Islands Multipool, a leading innovator in the blockchain and cryptocurrency industry announces strategic partnership...
North Korean Hackers Lazarus Group May Be Behind $305,000,000 DMM Bitcoin Attack, Says On-Chain Researcher
The North Korean hacking outfit, Lazarus Group, could be responsible for the cyber attack on a Japanese crypto exchange in...
Binance’s Nigerian Tax Evasion Ruling Set for October After Not Guilty Plea: Report
The world’s top crypto exchange Binance is now facing an October 11th Nigerian court date for tax evasion charges, according...
LiFi Protocol exploited for $10 million, warns users to avoid platform
LiFi Protocol, an asset swap and bridge platform compatible with Solana and EVM chains, has been exploited for about $10...
US crypto companies spend $79 million on political lobbying in two years
Crypto lobbying expenditures have surged dramatically over the past seven years, according to a new study by Social Capital Markets....
Zcash community approves decentralized grant allocations with 20% block reward
The Zcash community has approved a proposal to allocate 20% of block rewards for a new decentralized grants system. The...
Bitcoin rally sparks exchange activity
Bitcoin’s rally past $64,000 caused a significant spike in exchange activity. Data from Glassnode showed a sharp increase in exchange...
Bitcoin buy propels Metaplanet stock up 10%, total holdings now 225 BTC
Japan-based Metaplanet said it has acquired additional Bitcoin, according to a July 16 statement. The firm announced that it purchased...
