HK Company Becomes Largest Holder in BlackRock Bitcoin ETF
Hong Kong’s Yong Rong HK Asset Management Ltd claims the top spot in BlackRock’s iShares Bitcoin ETF holdings. Yong Rong HK Asset Management Ltd. of Hong Kong has surpassed all other holders of the BlackRock iShares Bitcoin ETF (IBIT), according to data released by a Bloomberg Intelligence analyst on Friday. Eric Balchunas, a senior ETF […]
Trader Loses $68M in WBTC with a Single Click
A crypto trader‘s $68 million loss of WBTC highlights the importance of caution in transfers and trades, underscoring the potential for ‘crypto nightmares.’ Unbelievably, a cryptocurrency merchant suffered a deplorable loss of $68 million of wrapped Bitcoin. The trader referred to a tainted transfer history as the source of the debacle. This occurrence exemplifies a […]
VanEck Executive Slams Biden Govt for Curbing DeFi & Crypto Market
VanEck executive accuses Biden administration of hindering DeFi and crypto market growth through aggressive regulatory actions. A VanEck executive has once again criticized the Biden administration from the crypto industry, alleging that the administration stifles the development of DeFi and the cryptocurrency market. Significantly, a recent report cites Matthew Sigel, chief of digital assets research […]
Stacks Active Accounts Hit High Record Amid Bitcoin DeFi Interest
Stacks, a leading Bitcoin layer-2 network, achieves record active users propelled by increasing interest in Bitcoin-native DeFi, reaching 122,497 active accounts in April. The foremost layer-2 (L2) Bitcoin network Active users on Stacks have attained an all-time high, propelled by an increasing fascination with decentralized finance (DeFi) that is native to Bitcoin. April witnessed a […]
Friend.tech v2 Airdrop to Introduce Non-Transferable Tokens
A disclosed smart contract indicates that version two of the decentralized social media platform Friend.tech, which is preparing for its May 3 launch and airdrop, may contain controversial features, such as a non-transferable token. A non-transferable token may be included in the airdrop of the Friend.tech v2 smart contracts, according to a May 2 X […]