The “intel-to-earn” model will allow on-chain sleuths to monetize their skills and create a liquid market for blockchain information, Arkham said on Monday. Arkham said intel seeks can post bounties for wanted info and sleuths can offer up data through auctions or fixed prices. The project’s token ARKM will also...
British neobank Revolut is set to delist ADA, MATIC and SOL from its United States platform. All affected users have until September 18, 2023, to convert these crypto tokens into USD or some other crypto asset.
Summary: MicroStrategy added to its massive Bitcoin coffers with a $347 million purchase. The company bought an additional 12,333 BTC at an average price of $28,136 per coin, Founder and Chairman Michael Saylor shared. MicroStrategy now owns 152,333 Bitcoins worth approximately $4.6 billion, further solidifying the company as the largest...
Summary: The Chibi Finance team disappeared overnight in what seems like a rug pull, PeckShield noted. 555 Ether (ETH) worth around $1 million was drained from the project’s liquidity pools and deposited into the crypto mixer Tornado Cash. The team’s social media accounts and websites also mysteriously vanished, leaving users...
Summary: Hong Kong’s largest bank HSBC now lets users trade Bitcoin (BTC) and Ether (ETH) ETFs available on the local stock exchange. Three of these exchange-traded funds are available on Hong Kong’s stock exchange including CSOP Bitcoin Futures ETF, CSOP Ethereum Futures ETF, and Samsung Bitcoin Futures Active ETF. The...
An amended class action lawsuit filed by Celsius investors accused crypto market maker Wintermute Trading of helping Celsius CEO Alex Mashinsky dupe his crypto lending firm's investors.
Summary: The South Korean crypto firm will fire 100 employees by Friday as the platform faces uncertain times, Haru Invest CEO Lee Hyung-soo said on a video call. Haru Invest paused withdrawals earlier this month and evacuated its office due to an “internal situation”, per CoinDesk Korea. Co-founder Eunkwang Joo...
The Monetary Authority of Singapore has released a whitepaper in collaboration with the IMF and the central banks of Italy and South Korea. The proposal seeks common conditions for retail payments with digital money on a distributed ledger.
Summary: Bitcoin neared double-digit gain in the past 24 hours following ETF applications from giant TradFi players like BlackRock. BTC traded above $28,800 on Monday, over 7% up in the past 1 day per data from TradingView and CMC. $8 trillion asset manager BlackRock filed a Bitcoin ETF with the...
Polygon's co-founder Mihailo Bjelic has unveiled a proposal that seeks to upgrade its PoS chain to be compatible with a zkEVM validium in order to address the network's current problems.
Summary: BlackRock, Bank of America, and Fidelity have all massively increased their holdings of MicroStrategy stock, Bitcoin’s largest corporate holder. Buying MSTR seems to be a path to BTC exposure rather than directly buying crypto’s top coin. Canada’s sixth largest bank has also spent a considerable amount buying MicroStrategy stock...
