Category Archive: Cryptocurrency, No picture
Senate urges DOD to explore blockchain tech for national security
Key Takeaways Blockchain could boost cryptographic integrity in defense supply chains. Senate mandates DOD briefing on blockchain by April 2025. The US Senate Committee on Armed Services has directed Secretary of Defense Lloyd Austin to explore potential applications of blockchain technology for supply chain management and national security within the Department of Defense.In its fiscal […]
Bitcoin dip buying spree sees $438M Bitcoin ETF inflows
Key Takeaways Bitcoin ETFs recorded nearly $300 million in inflows on a single Monday. BlackRock’s IBIT ETF was the top performer with nearly $180 million in purchases. Bitcoin spot ETFs saw significant inflows on Monday. This marks the highest level of buying activity since early June when Bitcoin was trading above $70,000. According to an […]
Ethereum Foundation announces $2M ‘attackathon’ to boost protocol security
Key Takeaways Ethereum’s Attackathon aims to crowdsource security solutions with a $2 million incentive. The EPS team plans regular hackathons to secure each protocol update. The Ethereum Protocol Security (EPS) research team unveiled plans for the hackathon in a July 8 blog post, setting a target of raising over $2 million for the reward pool. […]
Spot Bitcoin ETFs see record inflows in 30 days amid Bitcoin selling pressure
Key Takeaways Bitcoin ETFs experienced the highest single-day inflow since early June. BlackRock’s IBIT fund currently has over $17 million worth of Bitcoin in its holdings. US spot Bitcoin exchange-traded funds (ETFs) attracted approximately $295 million in inflows on Monday amid ongoing selling pressure from the German government. According to data from SoSoValue, this marks […]
DigitalX set to launch Bitcoin ETF on Australia’s top exchange ASX: Bloomberg
Key Takeaways ASX approves DigitalX’s Bitcoin ETF, expanding its crypto offerings. DigitalX partners with K2 Asset Management and 3iQ for its new Bitcoin ETF. DigitalX Limited, a digital asset fund manager in Australia, is set to launch its spot Bitcoin exchange-traded fund (ETF) on the Australian Securities Exchange (ASX) on July 12, according to a […]
BlackRock’s BUIDL fund becomes first $500M tokenized fund
Key Takeaways BlackRock’s BUIDL fund is the first tokenized treasury to reach a $500 million market cap. Ethereum dominates the tokenized treasury market with over 75% share. BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has surpassed $500 million in market value, according to data from Dune Analytics. The growth also made BUIDL the first tokenized […]
stUSDT published security audit report by ChainSecurity and whitepaper
Singapore – July 9, 2024 – stUSDT has announced a partnership with leading security audit firm ChainSecurity, which conducted a comprehensive security audit of its smart contracts. The complete audit report and whitepaper is now available on stUSDT’s official website. This initiative demonstrates stUSDT’s commitment to safeguarding user assets and strengthens its position as a […]
VanEck and 21Shares file Solana ETF forms, start “SEC decision clock”
Key Takeaways VanEck and 21Shares have submitted 19b-4 forms for spot Solana ETFs to Cboe, initiating the SEC decision process. Analysts project a mid-March 2025 deadline for Solana ETFs, with November elections potentially impacting approval. Asset management firms VanEck and 21Shares filed the 19b-4 forms for the spot Solana exchange-traded funds (ETF) with the Chicago […]
RWA is the best-performing crypto sector in Q2: Artemis data
Key Takeaways RWA tokens grew 28% in Q2, outperforming all other crypto sectors. AI-related tokens saw the steepest decline at 60.7% in Q2. Data aggregator Artemis shows that real-world assets (RWA) tokens grew nearly 28% on average during the second quarter, outshining other crypto sectors. The tokens tracked by Artemis to get the average are […]
Football star Lionel Messi shills token on Instagram and price soars 400%
Key Takeaways Lionel Messi’s Instagram post of Water (WATER) token led to a 400% price surge in three hours. On-chain tracker warned of 35% supply concentration in a group of wallets. Football star Lionel Messi shared with his 504 million followers on Instagram the image of a Solana-based meme coin named Water (WATER), as reported […]
