Multicoin Capital has sold another 10% of its HYPE holdings, according to blockchain analytics platform Arkham Intelligence. Still, HYPE remains its largest holding, currently worth around $90.5 million.
The investment firm had accumulated the tokens between February and March this...
Tether reported $1.3 billion in Q2 net operating profit in its latest BDO attestation statement, while excess reserves rose to $5.2 billion above full USDT backing.
The figures keep Tether at the center of the stablecoin market’s profitability and reserve...
Bitcoin Magazine
Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount
Bitcoin’s correlation with gold is at its highest in six years as investors increasingly look for ways to hedge against currency debasement.
That’s according to a new report from Bitwise, which...
BlackRock’s Bitcoin exchange-traded fund (ETF) has narrowly outperformed the S&P 500 since launch despite subjecting investors to a drawdown nearly three times as deep.
The iShares Bitcoin Trust, or IBIT, returned 67.74% from its Jan. 11, 2024 debut through Aug....
TapTools has abandoned a community NFT sale intended to help bring its Cardano analytics platform back online after users reacted angrily to its return, with every participant refunded in full.
The backlash quickly reached Charles Hoskinson, who responded by sharing...
Bitcoin Magazine
‘Crypto Capital of the World’: SEC Chair Expects Clarity Act to Pass This Month
Wall Street’s top regulator has said that he expects the long-awaited Clarity Act will get passed this month and the U.S. will be on track...
Circle issued a warning that the quantum circuits needed to attack widely used blockchain signatures are becoming leaner, citing a low-width record of 813 logical qubits.
For the USDC quantum migration, the immediate consequence is a dependency problem across every...
The move has put the Zcash price back in focus as traders assess whether the latest rally can extend into fresh price discovery or whether a deeper pullback is needed first.
Technical indicators currently present a mixed but generally constructive...
Three blockchain networks stopped producing blocks within four days. Each blockchain halt used different emergency powers, and Cronos alone also replaced part of its canonical history.
Cronos said validators halted the network by consensus after an exploit affected Tectonic, restored...
VICTORIA, Seychelles
Zoomex, a global cryptocurrency trading platform focused on derivatives trading, today confirmed that its Stock Perpetuals lineup has grown past 50 contracts, marking one of the most significant product expansions in the exchange’s history. The milestone consolidates Zoomex’s...
