Cryptocoins News / CoinJournal - 9 months ago
Polymarket’s popularity raises fears of corruption and undue election influence. Lawmakers urge CFTC to ban election betting, citing democracy trust concerns. Senators stress elections shouldn’t be influenced by wealthy individuals&rsquo...
Cryptocoins News / CoinJournal - 9 months ago
Solana has plunged more than 20% to trade near $110 as crypto traders see more than $1 billion in trading positions wiped out in the past 24 hours. SOL dipped as Bitcoin led the crypto market in the bloodbath that had BTC testing lows of $49k and Eth...
Cryptocoins News / CoinJournal - 9 months ago
Bitcoin briefly tests $49k before rebounding to $51k amid a $270 billion crypto market selloff. Concerns over the US recession and Japan’s rate hike trigger market turmoil. FBI warns of rising crypto scams during increased market volatility....
Cryptocoins News / CoinJournal - 9 months ago
Morgan Stanley has become the first major Wall Street bank to allow its financial advisors to offer Bitcoin exchange-traded funds to its clients. Over 15,000 of the bank’s financial advisors have the go ahead to pitch Bitcoin ETFs to eligible...
Cryptocoins News / CoinJournal - 9 months ago
Bitcoin’s network difficulty hits a record high of 90.67 trillion as of August 2, 2024. Bitcoin’s hash rate reached a record 677 EH/s on July 27th, boosting network security. Bitcoin’s RSI at 44 suggests potentially oversold condit...
Cryptocoins News / CoinJournal - 9 months ago
Genesis transferred $2.12B in BTC and $838M in ETH as part of bankruptcy restructuring. Genesis will return $3B to creditors, covering 77% of customer claims. Digital Currency Group will not receive any payout from Genesis’s bankruptcy plan....
Cryptocoins News / CoinJournal - 9 months ago
Futu Securities launches Bitcoin and Ethereum trading in Hong Kong with zero fees. New users can receive incentives like Bitcoin or shares of Alibaba and Nvidia. Futu seeks a crypto exchange license for PantherTrade amid Hong Kong’s crypto hur...
Cryptocoins News / CoinJournal - 9 months ago
Chris Li predicts blockchain will shift from horizontal to vertical scaling soon. Vertical scaling could enhance efficiency in online casinos and improve user experience. Advanced solutions like atomic swaps may replace wrapped assets, preserving de...
Cryptocoins News / CoinJournal - 9 months ago
Experience the new economy with TONX ID at The Open Summit &- Unlock Rewards from Over Thirty TON Projects Both Online and Offline. Taipei, Taiwan —The Open Summit, the largest TON summit this summer, is set to be a landmark event for the g...
Cryptocoins News / CoinJournal - 9 months ago
Bitflow integrates its swap function into the Leather wallet for 370,000 users. The partnership enhances user experience and broadens Bitcoin DeFi accessibility. Integration guarantees the best swap rates across various DEXs on Stacks. Bitflow, a d...
Cryptocoins News / CoinJournal - 9 months ago
CleanSpark said in a press release on Thursday that it has acquired its first Bitcoin mining site in Wyoming. The company executed 75 megawatts of power contracts, with 30 MW for the first site expected online by end of 2024.& A second site wil...
Cryptocoins News / CoinJournal - 9 months ago
Decentralized governance hedge fund platform Convergence exploited. 58M CVG tokens minted and swapped. CVG token value plunged 99% from $0.12 to $0.0004 following the hack. On Thursday, the decentralized finance (DeFi) protocol Convergence experien...
Cryptocoins News / CoinJournal - 9 months ago
Bitcoin price dropped to its lowest level since mid-July with a dip to near $62k on August 1. Stocks also plummeted as investors reacted to latest economic data and geopolitical tensions in the Middle East. Bitcoin price crashed 10% to trade to nea...
Cryptocoins News / CoinJournal - 9 months ago
Casper Network has resumed operations after resolving the recent security breach. Two blocks were removed; a new Casper-node binary was deployed and scanned. Other July breaches affected WazirX ($230M), Compound Finance ($24M), and more. The Casper...
Cryptocoins News / CoinJournal - 9 months ago
M2 enables UAE residents to trade BTC and ETH directly with bank accounts. Integration supports dirham deposits, withdrawals, and market-responsive trading. UAE has strict regulations to ensure consumer protection and market transparency. In a sign...
Cryptocoins News / CoinJournal - 9 months ago
OpenEden launches tokenized T-bills on XRP Ledger with Ripple’s $10 million investment. TBILL tokens are backed by US T-bills and require KYC and AML compliance. $1.5 billion in tokens, including $609 million XRP, are set to unlock in August....
Cryptocoins News / CoinJournal - 9 months ago
UK online casinos forecast to generate $6.468 billion in revenue in 2024, surpassing USA’s $6.29 billion UK has higher user penetration (17.4%) and ARPU than the US (9.4%), which offsets smaller population The rise of non-GamStop casinos offer...
Cryptocoins News / CoinJournal - 9 months ago
Telegram’s in-app browser will support decentralized websites built on the TON blockchain. Users can have access to games and services within the mini apps, with Web3 support on both mobile and desktop. Telegram now offers access to decentral...
Cryptocoins News / CoinJournal - 9 months ago
Polymarket surpasses $1 billion in trading, driven by US election betting surge. Trump leads with 57% odds; Harris’s odds rise to 40% after Biden’s withdrawal. Series B funding of $70 million and MoonPay partnership boost Polymarket&rsqu...
Cryptocoins News / CoinJournal - 9 months ago
GMX proposes switching revenue distribution from ETH to GMX token buybacks. On-chain voting for the proposal is open until August 4 for the GMX DAO community. The new model aims to boost GMX token value and maintain user real-yield benefits. GMX, a...
Cryptocoins News / CoinJournal - 9 months ago
Tether recorded $1.3 billion in net operating profit for Q2 and $5.2 billion for the first six months of the year. Q2 also saw a $520 million increase in group equity, bringing the total to $11.9 billion. Tether held $5.33 billion in excess reserves...
Cryptocoins News / CoinJournal - 9 months ago
Icebreaker, an open professional network co-founded by Coinbase and Google veterans, has raised $5 million in a seed round to build the blockchain’s version of LinkedIn. Dan Stone and Jack Dillé, co-founders of Icebreaker, announced they...
Cryptocoins News / CoinJournal - 9 months ago
Grayscale announced the launch of its Bitcoin Mini Trust, $BTC, on NYSE Arca on Wednesday. $BTC went live at NAV per share of $5.84 and had $1.7 billion in assets under management as of July 30, 2024. Grayscale has announced that its Grayscale Bitc...
Cryptocoins News / CoinJournal - 9 months ago
Worldcoin launches ID verification orbs in Vienna as part of EU expansion. The company has faced regulatory challenges in some countries like Hong Kong, Spain, and Portugal over data privacy concerns. Recently, Worldcoin secured $115M in funding and...
Cryptocoins News / CoinJournal - 9 months ago
Astroport (ASTRO) price nosedived 60% after Terra blockchain announced a network halt. The halt followed an exploit on Terra blockchain that saw 60 million ASTRO, 3.5 million USDC and 2.7 BTC stolen. ASTRO price is currently at $0.02 after falling f...
