Crypto Lags Despite Liquidity Surge and Market Tailwinds
In recent developments, despite rate cuts, the end of quantitative tightening, and record-high equities, crypto continues to underperform. Liquidity is expanding globally, but it’s not flowing into digital assets, with…
Balancer Breach Tied to Batch Swap Rounding Bug; Investigation Ongoing
In recent developments, the decentralized finance platform Balancer has acknowledged a significant security breach affecting its V2 protocol and its forks on other chains. Balancer Confirms ‘Significant’ V2 Exploit The…
DeFi players launch alliance to champion Ethereum to policymakers
In recent developments, major DeFi protocols on Ethereum have banded together to counter the so-called “outsized influence” of centralized crypto firms on US policymaking. Looking closer, market participants highlight key…
FBI can’t be blamed for wiping hard drive with $345M BTC, say judges
In recent developments, a US appeals court says the FBI isn’t at fault for wiping a drive containing over 3,400 Bitcoin, as its convicted owner never informed the government that…
Bitcoin bull run hasn’t started yet: Jan3’s Samson Mow
In recent developments, jan3 founder Samson Mow also argued that fears of Bitcoin OGs selling are overblown and traders should focus on the next bull run, rather than “self-owning themselves.”…
Circle Updates Terms of Service to Allow ‘Legal’ Firearm Purchases With USDC
In recent developments, the USDC policy reversal on firearm purchases suggests that “stablecoins are at the whims of politicians,” an industry expert told Decrypt. Looking closer, market participants highlight key…
Bitcoin Stabilizes, But Galaxy Research Cuts Year-End Forecast to $120K
In recent developments, the digital currency nosedived below $100K on Tuesday before clawing its way back to $104K on Wednesday afternoon. Galaxy Research Revises Bullish Target Down to $120K Tuesday…
Peter Schiff Rejects ‘Correction’ Talk, Declares Bitcoin and Ether Deep i…
In recent developments, bitcoin’s sharp retreat has intensified debate over whether the drop marks a true bear market or just a correction, as supporters highlight lasting fundamentals and growth potential…
$72M Equity Investment From Top Firms Bolsters Canaan’s Bitcoin Mining Infr…
In recent developments, nasdaq-listed bitcoin mining rig manufacturer Canaan Inc. has secured a $72 million strategic investment from BH Digital, the crypto division of Brevan Howard, alongside Galaxy Digital and…
‘Ethereum is scaling’ — ETH maxis cheer as TPS hits record 24K with Lig…
In recent developments, an explosion in transaction activity on Ethereum layer 2 Lighter since launching last month has pushed Ethereum’s transaction per second count to a record of 24,192. Looking…
