Bitcoin MENA 2024: Core DAO talks DeFi growth, blockchain security
Core DAO’s Adam Bendjemil highlighted Bitcoin-based DeFi’s potential at Bitcoin MENA 2024, highlighting security-first blockchain innovation.
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Crypto.com Claims Industry Record for Insurance Coverage as Users Double
Crypto.com has secured a $100 million direct insurance policy provided by Arch Underwriting at Lloyd’s Syndicate 2012.Per a May 11 announcement, the new policy brings Crypto.com’s total coverage to $360 million — with the firm claiming to now have the largest insurance coverage within the entire cryptocurrency sector.With Crypto.com also reporting that its userbase has…

Bitcoin whales aim to reclaim $42K after BTC price dives over 3%
Bitcoin (BTC) tapped lows beneath $41,700 after the Dec. 15 Wall Street open as BTC price action fielded fresh sell-side pressure.BTC/USD 1-hour chart. Source: TradingViewBitcoin balks at SEC Coinbase rejectionData from Cointelegraph Markets Pro and TradingView showed BTC/USD diving over $1,300, or 3.2%, on the day.The largest cryptocurrency, fresh from a recovery from snap volatility

What is the worst nightmare that could happen to crypto? Experts answer
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Report: Around 300 Addresses Contain 80% of Tether Supply
The Massachusetts-based crypto market research firm Coin Metrics says that 318 addresses hold at least $1 million worth of Tether (USDT), comprising 80% of the global Tether supply.Bloomberg reported the company’s finding in a report on Aug. 7. Coin Metrics co-founder Nic Carter additionally mentioned that some of the USDT whales include major crypto exchanges,…

Deciding who owns your ‘digital twin’ will make or break the metaverse
Research indicates a secure, biometrically verified digital twin will need to be developed in order for the metaverse to work.

BitMEX Ventures Invests in Crypto Exchange Licensed by Philippines Central Bank
BitMEX Ventures has invested in a crypto exchange licensed by the central bank of the Philippines, the company announced in a news release shared with Cointelegraph on June 3.The release notes that the financial backing will help the Philippine Digital Asset Exchange (PDAX) develop a marketplace for digital assets beyond cryptocurrencies — including tokenized commodities, real estate equities and…

Ether risks correction to $1.8K as ETF outflows, tariff fears continue
Ether has fallen over 53% since December, as analysts warn of lower lows amid trade war concerns and mounting ETF outflows. 2234 Total views 2 Total shares Ether is struggling to reverse a near three-month downtrend as macroeconomic concerns and continued selling pressure from US Ether exchange-traded funds (ETFs) weigh on investor sentiment. Ether (ETH)

Bitcoin profit-taking nears $74K peak as speculators send Binance $500M
Bitcoin short-term holders waste no time in sending coins in profit to exchanges for a mass profit-taking event.