Traders hope for ‘insane pump’ as altcoins approach key resistance levels

Coinbase's new institutional-focused staking product won't be a "near-term phenomenon" while liquid staking is still being worked out. 347 Total views 17 Total shares Institutional staking of crypto assets, including the post-Merge Ethereum, could become a “phenomenon” in the future, but not while their assets still need to be “locked up.”Speaking during a Q2 earnings…

PlusToken, one of the greatest exit scams in history, defrauded investors of nearly $6 billion, according to latest reports. 869 Total views 18 Total shares The story of PlusToken, one of the largest scams in the cryptocurrency industry, takes another twist as dozens of major suspects have been arrested.As many as 27 core PlusToken team…

Marathon has outlined that at this stage its operations hosted by Compute North will continue to operate as usual, and highlighted an improved BTC mining production in Q3. 385 Total views 43 Total shares

Bitcoin exposure has been added to the end of “Other Securities and Investment Strategies” sections for a dozen investment funds. 1241 Total views 15 Total shares United States investment bank Morgan Stanley has updated the prospectus of several institutional funds to reflect potential exposure to Bitcoin (BTC) through Grayscale and cash-settled futures, highlighting once again…

NFT marketplace Blur allocated a total reward pool of 300 million tokens, worth around $146 million, for traders who use their platform. A pseudonymous nonfungible token (NFT) trader made around $11 million in the recent airdrop reward distribution conducted by the NFT marketplace Blur. Dune analytics data showed that a wallet with the Ethereum Name Service

Facebook and Instagram filed suit against a user who, they allege, operated a cloaking service that allowed ads for a range of scams to slip through the advertisement reviews for both platforms.Facebook’s accusations and request for reliefIn a civil complaint filed with a federal court in San Francisco on April 9, the social media giants…

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Crypto lender Dharma has begun supporting the peer-to-peer lending of USDC, The Block reported on May 22.Before now, the San Francisco-based company only supported Dai, a stablecoin backed by ether (ETH) that has been regarded as too risky by some investors due to its design, according to Max Bronstein, the company’s business development manager.As USDC is backed by…

A new report released on Tuesday by Crystal Blockchain attempts to categorize cross-border transactions of Bitcoin based on their “country of origin,” which may have important implications for the FATF Travel Rule.The analysts used direct exchange-to-exchange transactions and their country of incorporation to categorize Bitcoin (BTC) transfers by their provenance. Despite the fact that Bitcoin…