CRYPTO MARKET UPDATE

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Bitcoin Plummets Below $25,000, Entering Prolonged Bear Market

In a major blow to the cryptocurrency market, Bitcoin (BTC) has plummeted below the $25,000 mark, reaching its lowest level in months. This significant drop has sent shockwaves throughout the…
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FPG MIT-Backed Crypto Prime Brokerage, Halts Trading

Floating Point Group (FPG) revealed that it had fallen victim to a cyber security breach. As a result, the company has temporarily halted all trading activities, including deposits and withdrawals.…
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GMX On-Chain Derivatives Records Massive Liquidation

On June 14, GMX, a platform known for its on-chain derivatives trading, witnessed an unprecedented amount of liquidation. As a result, GMX Trader, a leading participant in the derivatives market,…
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Brazil Passes New Law Regulating Cryptocurrency

Portaldobitcoin reported Brazil has passed a new law aimed at regulating the digital asset market. The law designates the country’s central bank as the primary regulator, granting it the authority…
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Korea Crypto lending Delio Suspends Withdrawals Due to Market Volatility

Delio, as one of South Korea’s largest crypto lending companies, plays a vital role in the country’s crypto ecosystem. By allowing users to lend and borrow various cryptocurrencies, Delio has…
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Adidas Will Launch Exclusive NFT-Linked Sneaker

Adidas Originals, the renowned sportswear brand, has joined forces with FEWOCiOUS, 20-year-old artist, to announce an exciting partnership NFT The emergence of Non-Fungible Tokens (NFTs) has revolutionized the digital art…
makerdao

MakerDAO Reports Record Annualized Income of $95 Million

MakerDAO, one of the leading decentralized autonomous organizations (DAOs) in the cryptocurrency space, has recently achieved a significant milestone. According to data from makerburn.com, MakerDAO’s annualized income has reached an…
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Uniswap v4 Whitepaper Reveals New Features and Innovations for Decentralized Exchanges

Uniswap v3 already revolutionized the DEX landscape by providing liquidity providers (LPs) with enhanced flexibility in deploying their liquidity. LPs were able to simulate any static automated market maker (AMM)…
XRP

Ripple Prices Surge as William Hinman’s Documents Reignite Hope in Ripple vs SEC Lawsuit

In a surprising turn of events, XRP prices experienced a significant surge of 7.4% over the past 24 hours, outperforming the broader cryptocurrency market. This sudden upswing in value can…
Ethereum Wallet

SEC’s Internal Conflict Raises Concerns Over Ethereum’s Regulatory classification

An internal conflict within the U.S. Securities and Exchange Commission (SEC) has shed light on the potential fallout that could arise from making a direct statement about Ethereum’s status as…
haru invest

Haru Invest Suspends Deposit and Withdrawal Requests Amid Investigation

Haru Invest, a prominent crypto financial services provider, has encountered an issue with one of its service partners. To ensure the protection of users’ assets entrusted to their custody, Haru…
kp3r

The Keep3r Network Exploited for 4,084 KP3R almost $200,000 USD

Thekeep3r (KP3R) platform, a significant player in the DeFi space, experienced a targeted attack that resulted in the loss of approximately 4,084 KP3R tokens, equivalent to around $200,000 USD. Thekeep3r…
COINGEKO BRC 20

Bitcoin Path to a Decentralized BRC20 Indexer

Bitcoin has long established itself as a secure and decentralized blockchain, pioneering the way for digital currency transactions. However, the BRC20 token standard, which enables the creation of tokens on…
eToro becomes the latest company to receive New Yorks BitLicense

eToro Restricts Trading on Algorand, Decentraland, Dash, and Polygon Following SEC Accusations

popular trading platform eToro revealed that users based in the United States will no longer be able to initiate new positions in four prominent cryptocurrencies: Algorand (ALGO), Decentraland (MANA), Dash…
BNBSMARTCHAIN

Former SEC Official points to indicators of an impending Binance-related criminal indictment

John Reed Stark, the former Chief of the SEC Office of Internet Enforcement, hinted at the possibility of the US Department of Justice (DOJ) filing a criminal indictment against Binance.…
Polygon Price Prediction Why Meta and JPMorgan Can Send MATIC to 10

Polygon 2.0: a blueprint to build the ultimate Value Layer

Polygon, a leading blockchain platform, has unveiled its ambitious vision to construct the Value Layer of the Internet. This groundbreaking initiative aims to democratize access to the global economy, enabling…
Gary Gensler

House Republicans Introduce Bill to Remove SEC Chairman, Citing Abuse of Power

The SEC Stabilization Act, according to Davidson, seeks to fix the ongoing abuse of power and establish long-term market protection. “It’s time for real reform and to fire Gary Gensler…
Tokenized Security on Ethereum

BOCI Becomes First Chinese Bank to Issue Tokenized Security on Ethereum

In a groundbreaking move for the digital asset markets, Bank of China International (BOCI), a state-owned bank, has successfully issued CNH 200 million worth of fully digital structured notes. This…
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