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Solana Labs announced the launch of Bond, a platform that uses blockchain and cryptocurrency structures to establish links between brands and their customers. Bond will offer different features, including digital collectives, authentication of luxury goods, and digital passports for products, all built on top of the Solana blockchain for low costs and scalability purposes. Solana … Read more
Okx, a Seychelles-based cryptocurrency exchange, clarified the information regarding a recent security incident that allowed unidentified criminals to take control of the accounts of a few customers, draining these. In a statement, Okx stressed that a third party had forged judicial documents and obtained user data, but that the users involved in this incident had … Read more
Bitcoin’s hashrate experienced an uptick this week, briefly surpassing 600 exahash per second (EH/s) and currently stabilizing at 598 EH/s. The hashprice, which represents the expected value of 1 petahash per second (PH/s) of hashing power per day, is about $57 per petahash. Mining Centralization Grows as Bitcoin Hashrate and Revenues Shift As of June … Read more
Since the spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong began trading on April 30, they have accumulated $1.96 billion in bitcoin and $26.74 million in ethereum. Hong Kong’s Spot Bitcoin and Ether ETFs See Modest Growth Hong Kong’s spot bitcoin and ether ETFs have been active for 44 days since their launch. … Read more
U.S. spot bitcoin exchange-traded funds (ETFs) experienced inflows on Wednesday, following two consecutive days of outflows. The 11 ETFs trading in the United States amassed $100.9 million, with Fidelity’s FBTC leading the way. Fidelity’s FBTC Tops Bitcoin ETF Inflows With $51M On Wednesday, spot bitcoin ETFs reversed their two-day outflow trend. The group secured $100.9 … Read more
Early-stage projects building on Manta Network can receive up to $50,000 in grants. Go to Source
Inverse futures contracts are a type of derivative where traders use the underlying cryptocurrency (like Bitcoin) as collateral but settle profit/loss in a stablecoin (like USDT). Go to Source
With U.K. opinion polls indicating a strong performance by the Labour Party in the July 4 elections, crypto executives and lobbyists are reportedly focusing their attention on party leader Keir Starmer. The crypto industry has also prioritized two other pro-tech Labour Party leaders in its ongoing effort to influence the U.K. government’s policy on digital … Read more
In the wake of a 10% decline in LDO over the past week, a significant transaction has drawn attention. An address identified as 0x0ff…07A85 deposited 3.76 million LDO into Coinbase within the last day, a holding valued at approximately $6.89 million. This address initially opened a position of 6.94 million LDO at an average price … Read more
Sam Altman’s $WLD tokens briefly reclaimed the $4 trading price today, experiencing a gain of over 7%. Simultaneously, ChainLink (LINK) is trading above the $16 mark. According to on-chain reports, a prominent whale investor, known for making a $1.65 million profit in the January 2024 LINK band, has recently opened new positions worth $3.54 million … Read more