Tether (USDT) Whale Wallets Hit 3-Year Low
There is a dwindling whale interest in Tether as the uncertainty over USDT’s reserve grows. According to new data, ongoing aversion to Tether (USDT), the largest stablecoin, appears to have crept into its largest wallets. According to data from blockchain analytics startup Santiment, addresses holding $100,000 to $10 million USDT are nearing three-year lows in […]
Crema Hacker Returns $8 Million, Keeps $1.6 Million In Bounty
As a “white hat bounty,” the Crema Finance team gave the hacker who stole almost $10 million from the protocol 16.7 percent of the stolen money. The hacker who hacked the Solana-based liquidity protocol Crema Finance on July 2 was allowed to keep $1.6 million as a white hat prize. The reward, 45,455 Solana (SOL), […]
Bloomberg analyst predicts positive Bitcoin comeback in next six months
According to senior commodity strategist at Bloomberg, Mike McGlon, the price of bitcoin may be poised for a bullish rebound this year as the market exhibits characteristics of a market bottom from 2018. Mike McGlone, the senior commodity strategist at Bloomberg, predicts a rise in the price of Bitcoin (BTC) in the second half (2H) […]
WSJ editorial criticizes the SEC’s “bewildering” Denials of Bitcoin ETF
The WSJ editorial board called out Gensler’s two-pronged approach, which makes it difficult to approve a spot Bitcoin product. The Wall Street Journal Editorial Board has blasted Gary Gensler’s “legendary” opposition to the approval of a spot Bitcoin ETF (ETF). The incisive opinion piece, which was published on July 6th, called out the Gensler-led Securities […]
ETH Rises 5% After Ethereum’s Sepolia Testnet Merge Success
Following the success of the Sepolia testnet merge, Ethereum had a price increase in the last 24 hours, as it moves closer to the mainnet merge. On July 6, Ethereum developers completed The Merge on the Sepolia testnet, bringing the Ethereum network one step closer to becoming a Proof-of-Stake (PoS) network. The news cheered Ether […]