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The price of GBTC stock is recovering significantly, benefiting from news of BlackRock's Bitcoin ETF filing, helping to narrow the gap between stock price and BTC to its lowest since May 2022. Grayscale's GBTC Stock Narrows Spread with Bitcoin to Lowest Since May 2022 According to
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A total of $117 million worth of funds has been detected moving out of Multichain to a suspicious wallet, following a withdrawal of $130 million on July 7. Multichain Continues to Witness Unusual Outflow of Funds Over the past 12 hours, the cross-chain project Multichain has observed a significant outflow
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This investment revelation marks a stark reversal from Robert F. Kennedy Jr.'s previous statement of not being a Bitcoin investor back in May. According to CNBC, Robert F. Kennedy Jr. now holds between $100,001 and $250,000 worth of Bitcoin as of the end of June this
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Binance platform is reported to be holding 90% of the total supply of TrueUSD following a substantial transfer activity amounting to approximately $2 billion to this centralized exchange (CEX). The current market capitalization of TrueUSD stands around $3 billion. Data from DefiLlama indicates that $2.7 billion is currently stored
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The newly declassified speech by former SEC official William Hinman confirms that Bitcoin and Ethereum are not considered securities but provides no additional information about Ripple’s XRP. Declassified Emails Provide No New Information on XRP Lawsuit On June 13, the U.S. Securities and Exchange Commission (SEC), under court
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After Sui, Maverick Protocol (MAV) is the next project to make its debut on Binance Launchpool. Binance Launches 34th Launchpool - Maverick Protocol (MAV) Last night, Binance announced the launch of its 34th project on Binance Launchpool, Maverick Protocol (MAV). Binance users can lock up BNB and TUSD to earn
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Polygon (MATIC) is set to reveal its Version 2.0 roadmap, aiming to transform the project into the "value layer for the Internet." Polygon Prepares a Series of Announcements for Version 2.0 In an announcement made on the evening of June 13, Polygon (MATIC) disclosed that over
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A dormant whale account has suddenly become active after a two-year hiatus, amid escalating regulatory crackdowns in the crypto industry. BNB Whale "Wakes Up" After 2 Years Data from Lookonchain on June 12 reveals that a whale wallet, which had been inactive for the past two years, recently
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Apple has issued an ultimatum to the creators of the Damus app, requiring compliance with their policies within the next 14 days. Damus – Web3 Social Network “Counterpart to Twitter” – Faces Potential Removal from Apple Store On the afternoon of June 13, 2023, Damus’ official Twitter account announced a warning regarding
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Blockchain projects Algorand (ALGO) and Flow (FLOW) have hit new all-time lows after being classified as securities by the U.S. Securities and Exchange Commission (SEC). Algorand (ALGO) and Flow (FLOW) Hit Bottom After SEC Security Classification On June 10, both Algorand (ALGO) and Flow (FLOW) plunged to new all-time
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In response to the negative outlook following Solana’s (SOL) classification as a security by the SEC, the community is proposing a fork of the coin. Community Proposes Fork of SOL After SEC Classification as Security Recently, a proposal appeared on Twitter suggesting forking Solana (SOL) into a new project
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Tether has issued $1 billion in USDT on the Ethereum network to assist Binance with liquidity conversion. This marks the second $1 billion issuance by Tether in less than two months. Tether Issues Another $1 Billion USDT to Support Binance’s Liquidity Transition from TRON to Ethereum Binance Transfers $750