Bitcoin whales set to stack more amid ‘overestimated’ Mt. Gox FUD: Analyst
CryptoQuant CEO Ki Young Ju says Bitcoin is still vulnerable to “speculative FUDs,” giving smart money a way to buy up cheap Bitcoin.
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Binance recovers $5.8M in funds connected to Ronin bridge exploit
Unfortunately, a vast majority of the stolen funds still remain in the hands of the hacker. 412 Total views 18 Total shares Via a Twitter post on Friday, Changpeng Zhao, CEO of Binance, said that the cryptocurrency exchange recovered $5.8 million spread over 86 accounts in digital assets moved to the exchange by Lazarus Group.…

‘DeFi in Europe has no lobby,’ says co-founder of Unstoppable Finance
Currently, trialogue for the Markets in Crypto Assets (MiCA) and Transfer of Funds (TFR) regulations is underway in the European Commission, the European Parliament and the Council of Ministers, which will be concluded in a few weeks. If adopted, the TFR would, according to experts, impose a vast financial surveillance regime on the European decentralized finance…

UAE-Based Crypto Exchange Seals Preliminary Approval From Regulators
United Arab Emirates (UAE)-based crypto asset exchange and custodian Arabian Bourse (ABX) — a joint venture from GMEX Group and Arshad Khan — has received initial regulatory approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM). The news was reported by financial news website Markets Media on June 6.GMEX Group is…

Goldman Sachs dismisses AI bubble, predicts upcoming revolution
According to Goldman Sachs, the current period is the early phases of a new technology cycle, which is poised to deliver additional strong performance. Goldman Sachs has firmly maintained that an artificial intelligence (AI) bubble doesn't exist, despite concerns persist among analysts regarding the significant surge in AI market interest and the resulting spike in

Data show traders neither bullish nor bearish over sub-$15.5K Bitcoin price
Typically, traders become skeptical after Bitcoin (BTC) "completes" a strong performance like the stellar move from $12,000 to $15,950 seen over the past few weeks. The 35% gain over the past 30 days led some traders to conclude that BTC is over-extended and in need of a pullback. On the other hand, there are plenty of…

‘Haunts me to this day’ — Crypto project hacked for $4M in a hotel lobby
The co-founder of Web3 metaverse game engine “Webaverse” has revealed they were victims of a $4 million crypto hack after meeting with scammers posing as investors in a hotel lobby in Rome. The bizarre aspect of the story, according to co-founder Ahad Shams, is that the crypto was stolen from a newly set up Trust Wallet…

Uniswap to charge 0.15% swap fees beginning Oct. 17
Fees will not be collected on inter-stablecoin trades, nor on wrapping Ether. 242 Total views 11 Total shares Decentralized exchange Uniswap (UNI) will begin charging a 0.15% swap fee on certain tokens in its web application and wallet on October 17.According to a post by Hayden Adams, the DEX's founder, the affected tokens are Ethereum

Bitcoin mining revenue hits post halving yearly low
Daily revenue from Bitcoin mining dropped to under $3 million as opposed to the previous daily average of roughly $6 million in the first four months of 2024.