Category Archive: Cryptocurrency, No picture
Bitcoin unlikely to be affected by US presidential debates, analysts predict
Bitfinex analysts assessed that the Bitcoin (BTC) price is unlikely to be significantly affected by the outcome of the US presidential debate between Joe Biden and Donald Trump on June 27th. Yet, the broader crypto market and the tokens related to presidential candidates, labeled by the analysts as PolitiFi tokens, could witness some short-term changes. […]
LayerZero’s ZRO token airdrop with mandatory donations goes live
Claims for LayerZero’s new ZRO token went live today, but the airdrop mechanics required a 10 cent donation for each token participants wish to receive. This initiative, announced via an X post, ties token claims to donations directed to the Protocol Guild, aiming to align long-term commitment with the LayerZero protocol.LayerZero emphasized the innovative aspect […]
Binance faces $2.2 million penalty from India’s financial watchdog for AML breaches
The Indian Financial Intelligence Unit (FIU) has fined Binance 188.2 million rupees ($2.25 million) for violations of India’s Prevention of Money Laundering Act (PLMA) while operating within its jurisdiction, according to an order dated June 19, 2024.India’s financial watchdog orders Binance to pay a $2.25 million fine – Source: FIU-INDIAIn particular, the FIU found that […]
Bitcoin is part of President Milei’s vision for free currency competition in Argentina
Argentina’s President Javier Milei has expressed his support for the use of Bitcoin (BTC), alongside other currencies in the country as part of his strategy for free currency competition. Milei said that Argentinians could choose the currency that best suits their needs. “There will be free currency competition, so if you want to use Bitcoin, […]
VanEck’s Bitcoin ETF goes live on Australia’s top exchange, trading surpasses $1.5 million
VanEck’s spot Bitcoin exchange-traded fund (ETF) is now live on the Australian Securities Exchange (ASX), the leading exchange in Australia. The fund’s trading volume surpassed $1.5 million after a couple of hours of trading.VanEck Bitcoin ETF debuts on the ASX – Source: ASXThe trading debut comes after the ASX approved the product listing under the […]
Bitcoin’s June downtrend faces potential reversal
Bitcoin (BTC) has suffered pressure from a downtrend in June so far, according to the trader identified as Rekt Capital. A breakout from this trend, however, could spark a price reversal and put BTC back in its upward movement. #BTC Bitcoin has been in a constant downtrend all of June thus far (light blue) But […]
Meme coin dominance in altcoin market plummets, latest data reveals
The dominance of meme coins in the altcoin market has been declining since April, according to on-chain data platform CryptoQuant. Yet, the liquidity in the meme coin market has doubled since the start of the year, according to a recent report by on-chain analysis firm Kaiko.Ki Young Ju, CEO and founder of CryptoQuant, explained that […]
Mode integrates Chainlink CCIP as cross-chain interoperability standard
Ethereum layer-2 blockchain Mode has officially integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) today as its interoperability standard. The integration provides Mode with Chainlink’s interoperability features, including Programmable Token Transfers and cross-chain Arbitrary Messaging, which are essential for a diverse range of decentralized finance (DeFi) and real-world asset (RWA) applications. “Choosing the only interoperability solution with […]
Kraken claims it is being ‘extorted’ as white hat hacker demands reward after $3M theft
US-based crypto exchange Kraken has disclosed that it is being “extorted” by a self-proclaimed security researcher who exploited a critical bug from their platform to steal $3 million worth of digital assets. The researcher reported the bug on June 9 but used it to withdraw funds from Kraken’s treasury rather than safeguarding them.Nick Percoco, Kraken’s […]
ZachXBT exposes TrumpCoin creator as ‘Pharma Bro’ Martin Shkreli
The real identity of the TrumpCoin (DJT) deployer is Martin Shkreli, sentenced in 2018 to seven years in prison for committing securities fraud and securities fraud conspiracy, as revealed yesterday by blockchain sleuth ZachXBT. As reported by Crypto Briefing, the DJT token was attributed to US presidential candidate Donald Trump.On-chain data platform Arkham Intelligence offered […]
