Wazirx Details Plan to Resume Withdrawals and Trading — Insists Signers’ Machines Show ‘No Evidence of Compromise’

Indian crypto exchange Wazirx has provided an update on its progress to enable users to withdraw funds and resume trading on its platform following a cyberattack that caused a loss of over $230 million. “Our preliminary investigation reveals no evidence of compromise on our signers’ machines. We are continuing to explore all possible sources of … Read more

Polychain Capital’s Significant PENDLE Movement Amid Market Activity

A wallet associated with Polychain Capital recently made a notable deposit of 1.71 million PENDLE tokens (valued at $6.97 million) to Binance, occurring nine hours ago. This movement follows an earlier withdrawal of the same amount from Binance, valued at $11.4 million, between April 6 and April 22. Should the tokens be sold at the … Read more

Bitcoin Surges Past $68K, Boosting Perpetual Futures Activity And Holder Profits

Bitcoin prices have rebounded strongly, soaring above $68,000 and sparking a surge in perpetual futures activity. This significant appreciation in price has provided much-needed relief for the Short-Term Holder cohort, with 75% of their coins now held in profit. #Bitcoin prices have rebounded strongly, rallying over $68k and catalyzing an uptick in perpetual futures activity. … Read more

Significant Profit Realized From OM Token Sales Amid Staking Surge On MANTRA

According to recent on-chain reports, a notable transaction has been observed involving the address 0xaa5…583BC. This address deposited 3 million OM coins into Binance. These tokens, accumulated over the past five months at an average price of $0.40, now hold a value of approximately $3.78 million at the transfer price of $1.26 per coin. If … Read more

TRON Network Outpaces Ethereum With Surging Transaction Volume

The TRON Network has significantly outperformed Ethereum in transaction volume, recording a 3.3-fold increase compared to its rival. The total number of transactions on #TronNetwork has exceeded 8.1B and the total number of transactions on #Ethereum has exceeded 2.45B. pic.twitter.com/DKY3AXbeTZ — Lookonchain (@lookonchain) July 24, 2024 The total number of transactions on TRON has reached … Read more

Hong Kong Launches Its First Inverse Bitcoin ETF Product

CSOP Asset Management, a regulated asset management company, has become the first to launch an inverse Bitcoin ETF in Hong Kong’s markets. This allows traders and investors to speculate on the decline of the cryptocurrency’s value. The product complements other ETF products already available, further establishing the city as an international crypto market. CSOP Asset … Read more

Telegram CEO Predicts Blockchain Mass Adoption This Year — Announces Mini App Store, Web3 Browser

Pavel Durov, CEO of Telegram, forecasts 2024 as the year of blockchain mass adoption. He announced new features such as a mini app store, an in-app browser for Web3, and initiatives to combat crypto scams. Telegram’s user base has grown to 950 million monthly active users, with expectations to reach one billion soon. Telegram’s CEO … Read more

Proton Launches Self-Custodial Bitcoin Wallet: 100 Million Proton Mail Users Can Now Receive BTC via Email

Proton, known for its privacy-focused services including the popular Proton Mail with over 100 million users, has launched Proton Wallet, a new self-custodial bitcoin wallet. “If you are one of the millions of people who have a Proton Mail email address, you can now automatically receive bitcoins with your email address,” said Proton’s CEO, adding … Read more

Robert Kiyosaki vs Peter Schiff: Conflicting Predictions on Gold, Bitcoin, and US Dollar

Rich Dad Poor Dad author Robert Kiyosaki and gold advocate Peter Schiff have provided conflicting forecasts about the future of gold, silver, bitcoin, and the U.S. economy if Donald Trump is re-elected. Kiyosaki claims asset prices will rise as Trump supports a weaker dollar, which he believes will boost American exports and create jobs. In … Read more

Ferrari Launching Crypto Payment System for European Market

Ferrari, the iconic Italian luxury sports car manufacturer, announced on Wednesday that it will introduce its cryptocurrency payment system to European dealers by the end of July 2024. This move follows the successful launch of crypto payments in the U.S. less than a year ago, aimed at better serving client needs. By the end of … Read more

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