Here’s what happened in crypto today

Bitcoin price drops a leg lower and stocks slump after St. Lous Federal Reserve President James Bullard signals that interest rates could rise by the end of this year. 1160 Total views 7 Total shares Bitcoin (BTC) and the wider financial markets faced a new wave of selling on June 18 following comments from James…

In total, Block generated $4.42 billion worth of gross profit in 2021 marking a total YoY growth of 62%, however, net profit totaled just $77 million. 98 Total views 14 Total shares Crypto-friendly digital payments tech firm Block, Inc. (formerly known as Square) posted $1.18 billion worth of gross profit in Q4, representing a growth…

Cardano (ADA) price climbed from $0.48 on May 30 to as high as $0.68 on May 31—a 45% rally in less than 48 hours. But ADA/USD failed to extend its rally further upward and dropped by almost 13.75% from its weekly high.ADA price: Ear market vibesCardano's price retreated sharply on June 1, giving up a portion of…

Exodus reported nearly $96 million in revenues for the fiscal year of 2021, which is a 350% increase year-over-year. 313 Total views 8 Total shares Major software cryptocurrency wallet Exodus has gone public on the digital asset securities firm Securitize Markets following a $75 million crowdfund capital raise.Exodus’ shares started trading on Securitize on Wednesday,…

Binance and its founder Changpeng"CZ" Zhao has admitted to violating United States laws around money laundering and terror financing — agreeing to pay $4.3 billion in fines The Here's what happened.Feb. 15: Binance was under suspicion since 2018Reports emerged that Binance is the target of several United States law enforcement investigations — some dating back

Floyx, a Malta-based social media platform for the crypto community, is trying to prevent crypto impersonation scams by developing a novel system.Floyx CEO Kamil Kępiński explained to Cointelegraph that the platform can prevent malicious actors from impersonating firms and projects with a novel account system.As Cointelegraph reported on multiple occasions, scammers commonly try to trick…

Daan Crypto Trades is a big believer in Bitcoin L2 Stacks and says that after Bitcoin doubles, Stacks will likely quadruple. X Hall of Flame.

Blockchain security firm Asymmetric Research privately disclosed the vulnerability to Circle, which has since been addressed.

Tether's market capitalization has reversed a three-month downtrend while USDC sees a drop in value after the U.S. imposed sanctions against Tornado Cash. 172 Total views 25 Total shares The market capitalization of Tether (USDT) tokens has increased by nearly $2 billion since the U.S. Treasury Department imposed sanctions on cryptocurrency mixer Tornado Cash.The Office…