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MakerDAO Halts New Loans Backed by Wrapped Bitcoin

MakerDAO Halts New Loans Backed by Wrapped Bitcoin

The MakerDAO community has approved a proposal to cease issuing new loans backed by BitGo’s Wrapped Bitcoin (WBTC). This was reported by The Block. The decision involves reducing the debt ceiling of the token to zero, effectively blocking any new borrowings using the asset as collateral. The changes will not affect existing loans backed by […]

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Donald Trump Earns Over $7 Million from NFTs

Donald Trump Earns Over $7 Million from NFTs

Former US President Donald Trump holds cryptocurrencies valued up to $5 million and has earned over $7 million from investments in NFTs, according to his financial disclosure. The document, published by the non-profit organization Citizens for Responsibility and Ethics in Washington (CREW), reveals that the politician holds Ethereum-based crypto assets worth between $1-3 million. Source: […]

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US Lawsuit Targets AI 'Deepfake' Websites Exploiting Women

US Lawsuit Targets AI ‘Deepfake’ Websites Exploiting Women

The office of San Francisco City Attorney David Chiu filed a lawsuit against the owners of 16 of the world’s largest websites that use AI to “undress” women and girls in photos without their consent. The document cites violations of state and federal laws concerning deepfake pornography, revenge porn, and materials related to child sexual […]

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Bitcoin Chart Forms 'Death Cross' Indicating Potential Sell-Off

Bitcoin Chart Forms ‘Death Cross’ Indicating Potential Sell-Off

The decline of Bitcoin’s price below $58,000 has led to the formation of a ‘death cross,’ a sign of a potential new wave of selling. #Bitcoin just printed a bearish cross on the daily chart, with the 50 MA crossing below the 200 MA, signaling short-term weakness in the market. This is the second bearish […]

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DOGS Team Unveils Project Tokenomics

DOGS Team Unveils Project Tokenomics

The developers of the DOGS mini-application on Telegram have allocated 81.5% of the total issuance of 550 billion coins for an airdrop to the community. Of this, 73% will be directed to long-time users of the messenger. The remaining 11.5% are intended for traders, sticker creators, and future project participants. According to the statement, the […]

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Ethereum Supply Surpasses 120 Million Coins

Ethereum Supply Surpasses 120 Million Coins

Ethereum’s annual inflation rate has risen to 0.69%. EigenLayer is integrating an option for active validation services to add ERC-20 tokens that can be withdrawn without permission. Khelp Financial co-founder and CEO Boomer Saraga claims Ethereum’s price undervalues its fundamentals. The issuance of the second-largest cryptocurrency by market capitalization has reached 120.28 million ETH, according […]

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Bitcoin Ransom Kidnappers Arrested in Malaysia

Bitcoin Ransom Kidnappers Arrested in Malaysia

Six Malaysian residents have been charged with kidnapping a Chinese national and his companion, demanding a ransom of $1.1 million in bitcoin. This was reported by local media. According to the case materials, the incident occurred on July 11. The victims were attacked at a highway exit near the city of Cyberjaya. They were held […]

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Renzo to Launch Liquid Restaking on Solana

Renzo to Launch Liquid Restaking on Solana

The Renzo liquid restaking protocol has announced its entry into the Solana market with the LRT token ezSOL on the Jito platform. ? Introducing $ezSOL: The first LRT on @jito_sol Renzo Protocol is launching $ezSOL, Solana’s first LRT on the Jito Network. This is set to transform restaking and DeFi on Solana by combining the […]

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Cryptocurrency Payments to Debut on iPhone

Circle CEO Jeremy Allaire announced the integration of contactless payment functionality Tap to Pay using USDC on iPhone. Tap to pay using USDC on iPhones incoming soon. Wallet devs, start your engines. https://t.co/D6lsj4saMS — Jeremy Allaire — jda.eth / jdallaire.sol (@jerallaire) August 14, 2024 “[…] Wallet developers, start your engines,” he added. In iOS 18.1, […]

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Suspects Arrested in Italy for $14.4 Million Holograph Hack

Suspects Arrested in Italy for $14.4 Million Holograph Hack

Europol officers have arrested two suspects in connection with the attack on the Holograph protocol, which resulted in damages amounting to $14.4 million, according to the project’s team. Holograph Hack Arrests After an incredibly intensive two-month pursuit by France’s Office for the Prevention of Cybercrime (OFAC), BRI, @Europol, the Italian Directorate of Anti-Mafia Investigations, & […]

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Bitwise Reports 44% of Asset Managers Increased BTC-ETF Holdings

Bitwise Reports 44% of Asset Managers Increased BTC-ETF Holdings

In the period from April to June, 44% of asset managers increased their investments in spot Bitcoin ETFs, while another 22% maintained their existing positions. These figures were reported by Bitwise, based on filings with the SEC. A few initial thoughts after reviewing the Q2 Bitcoin 13-F filings: 1) The Institutions Are Still Coming; Total […]

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Binance Resumes Operations in India After Paying $2.2 Million Fine

Binance Resumes Operations in India After Paying $2.2 Million Fine

Cryptocurrency exchange Binance has registered as a “reporting entity” with India’s Financial Intelligence Unit (FIU) and has resumed operations in the country. #Binance goes live in India ?? Binance is now registered as a reporting entity with India’s Financial Intelligence Unit, marking our 19th global regulatory milestone! Our website and app are now fully available […]

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