Crypto Market Decline Erases $190 Million in Leveraged Positions Amid CPI Report Anticipation
On June 11, the cryptocurrency market witnessed significant declines, with Bitcoin and Ether leading the downturn. Bitcoin dropped 2.5% from its daily high of $69,547 to a low of $66,018.…
SushiSwap Transitions to ‘Labs’ Model and Introduces Multi-Token Ecosystem
After months of intense debate, SushiSwap, a leading decentralized exchange (DEX), has unveiled a transformative new business model under the banner of Sushi Labs. This transition aims to streamline the…
Crypto.com Gains Approval from Ireland’s Central Bank, Expanding Its Reach in Europe
The Central Bank of Ireland (CBI) has granted another major cryptocurrency firm, Crypto.com, the status of a Virtual Asset Service Provider (VASP). This significant approval, announced on June 11, allows…
Mistral Secures $640M to Compete in Global AI Race
In an ambitious leap forward, Paris-based Mistral AI has announced a substantial $640 million in Series B funding, a mix of equity and debt. This new financial influx elevates the…
EU Innovation Hub Raises Concerns Over Privacy Coins and Crypto Mixers in New Report
Data encryption is a powerful tool that can strike a delicate balance between safeguarding individual privacy and ensuring collective security. However, in the realm of cryptocurrency, encryption technologies face significant…
LinkedIn Restricts Ad Targeting in EU Following Data Use Complaint
LinkedIn has announced a change in its advertising practices in the European Union, ceasing to allow advertisers to target users based on their activity in LinkedIn Groups. This decision follows…
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…
The EU is set to reveal new tariffs on Chinese EVs this week.
The European Union is poised to unveil a new tariff structure for electric vehicles (EVs) imported from China this week. This move is part of the EU’s strategy to address…
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…
Raspberry Pi seeks $211 million in rare London tech IPO.
On a day marked with significant financial activity, British computing startup Raspberry Pi is set to raise a substantial £166 million ($211.2 million) from its initial public offering (IPO). This…
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…
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…
Nokia CEO Completes First Interesting ‘Immersive’ Phone Call in the World
Nokia has introduced a revolutionary new communication technology that promises to transform the way we experience voice calls. Dubbed “immersive audio and video,” this technology was showcased in a live…
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…
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,…