DeFi Technologies Embraces Bitcoin as Primary Treasury Reserve Asset
In a significant move reflecting the growing institutional adoption of cryptocurrencies, DeFi Technologies, a publicly listed exchange-traded product (ETP) provider and venture capital firm, has announced the adoption of Bitcoin…
Travala Integrates Telegram Open Network, Expanding Payment Options with Toncoin
Travala, a pioneering crypto-native travel booking platform, has announced a significant integration with the Telegram Open Network (TON). This new partnership will enable holders of Toncoin (TON) to book airline…
Singapore Alerts Businesses to Rising Threat of Akira Ransomware
The notorious Akira ransomware, responsible for extorting $42 million from over 250 organizations across North America, Europe, and Australia in just a year, is now setting its sights on businesses…
South Korea’s Financial Regulator Clarifies NFT Classification as Virtual Assets
South Korea’s Financial Services Commission (FSC) has released new guidelines detailing when nonfungible tokens (NFTs) should be classified as virtual assets. These guidelines, announced on June 10, aim to provide…
Bitcoin ETFs Absorb Two Months’ Worth of Mining Supply in Early June Surge
In a remarkable show of demand, U.S. spot Bitcoin exchange-traded funds (ETFs) acquired an amount of Bitcoin equivalent to nearly two months’ worth of mining output in just the first…
Fireblocks Expands Offerings with Coinbase International Partnership for Perpetual Futures and Spot Trading
Fireblocks, a leading digital asset infrastructure provider, has significantly broadened its service portfolio. Through a new partnership with Coinbase, Fireblocks now offers derivatives and trading products to both institutional and…
Solana Cracks Down on Validator Sandwich Attacks
The Solana Foundation has taken decisive action against a group of validator operators involved in sandwich attacks on traders, removing them from its delegation program. This move underscores the Foundation’s…
Ripple Partners with National Bank of Georgia to Digitize Economy
Ripple, a leading cryptocurrency and blockchain technology firm, is deepening its collaboration with the Republic of Georgia by exploring innovative ways to digitize the local economy. This partnership involves close…
Crypto Inflows Reach $2B in Early June, Ethereum Logs Record Week with $69M
Digital asset investment products kicked off June on a high note, with significant inflows across almost all providers. According to CoinShares’ latest report, the first week of June saw inflows…
Base TVL Soars to $8B, Surpassing OP Mainnet in Ethereum Layer-2 Race
The Ethereum layer-2 network Base has seen its total value locked (TVL) surpass $8 billion, achieving this milestone just days after overtaking Optimism’s OP Mainnet. This remarkable growth solidifies Base’s…
Orbit Chain Hacker Transfers $48M to Tornado Cash After Months of Dormancy
In a significant development, the hacker behind the $82 million Orbit Chain exploit has resurfaced after five months of inactivity, transferring a substantial portion of the stolen funds to the…
Decentralized AI Network io.net Replaces CEO Just Days Before Token Launch
Solana-based decentralized infrastructure provider io.net, which facilitates the renting out of GPU power for financial gains, has announced a significant leadership change just two days before the launch of its…
Binance CEO: Crypto Industry Moves from ‘Early Adopters’ to ‘Early Majority’
Binance CEO Richard Teng recently shared insights with Cointelegraph, highlighting a pivotal shift in the cryptocurrency landscape. According to Teng, the industry has moved beyond the phase dominated by “early…
Ethereum Leaders Face a ‘Massive Contradiction’ Between Capitalism and Socialism — Wintermute CEO
In the ever-evolving landscape of blockchain and digital assets, a debate is emerging over the ideological direction of Ethereum’s ecosystem. Evgeny Gaevoy, CEO of the digital assets market maker Wintermute,…
Arbitrum to Allocate $215M in ARB Tokens to Boost Gaming Innovation
The Arbitrum Foundation, which oversees the Ethereum rollup-based layer-2 network Arbitrum, has unveiled a significant initiative to drive the gaming industry within its ecosystem. This initiative will see the distribution…
Bitcoin Volatility Approaches Historic Lows Before Sharp Decline
In the 15 days leading up to the significant drop on June 7, Bitcoin‘s price exhibited minimal movement, nearing some of the lowest volatility levels ever recorded over such a…
Robinhood to Acquire Bitstamp Crypto Exchange to Enable Institutional Trading in the U.S.
Robinhood, the popular stock trading app, is significantly expanding its footprint in the cryptocurrency sector by acquiring Bitstamp, one of the world’s oldest and most reputable cryptocurrency exchanges. This $200…
NY Attorney General Sues Crypto Trader NovaTech, Alleging $1 Billion Fraud
New York Attorney General Letitia James has filed a lawsuit against NovaTech, a cryptocurrency trading company, and its founders, Cynthia and Eddy Petion, along with other associated entities. The suit…
UK Crypto Industry Releases Guide to Navigating the Travel Rule
CryptoUK, a self-regulatory trade association representing the United Kingdom’s cryptocurrency sector, has published a comprehensive guide to assist crypto businesses in navigating the complexities of the U.K.’s crypto Travel Rule.…
Telegram Launches In-App Currency ‘Stars’ for Digital Purchases
Telegram, the popular social messaging platform, has introduced a new in-app token called “Telegram Stars,” designed to facilitate the purchase of digital goods and services within the app. This new…