US spot Bitcoin ETFs pulled in $203.1 million on Tuesday, extending a six-session inflow streak that added about $930 million in total.
The FTX Recovery Trust says the next round of repayments to creditors will begin on July 31, with about $900 million set to be distributed through BitGo, Kraken and Payoneer.
MoonPay has acquired Glide, a startup built by former Robinhood Wallet engineers, to expand cross-chain deposit tools and deepen its digital asset infrastructure offering.
CoinGecko says prediction markets hit an all-time quarterly high in Q2 even as spot trading, derivatives activity and stablecoin growth weakened across the wider crypto market.
Bitcoin rose above $65,500 after U.S. producer price data came in weaker than expected, reinforcing hopes that the Federal Reserve could eventually ease policy.
Dragonfly managing partner Haseeb Qureshi says AI has not produced the expected DeFi “hackpocalypse,” as median exploit sizes and monthly stolen value have fallen even as incident counts hit records.
Michael Saylor and Adam Back have criticized BIP-110, arguing that a temporary fork to restrict non-monetary Bitcoin transactions could create more risk than the Ordinals activity it seeks to address.
Bitcoin advocates Michael Saylor and Adam Back opposed a proposal to restrict non-monetary Bitcoin transactions, Bonzo Lend lost about $9 million in an oracle-related exploit, and the DOJ is reportedly seeking to drop fraud charges against BitClub founder Matthew Goettsche.
A Cambridge review found Ethereum’s annual electricity use is modest among proof-of-stake networks and its market-value-adjusted energy intensity is second-lowest in the group studied.
Bitcoin, the world’s most valuable cryptocurrency, saw a sharp decline in price on Wednesday. It was down 6%, hitting the lowest mark since February.
After hovering around $60K on Tuesday, Bitcoin’s price slipped to $57,129.30 on Wednesday morning. This has been a result of a major sell-off by crypto investors,...