Die Ferienzeit ist da, und damit auch die Reisezeit. Viele Reisende greifen standardmäßig zur Kreditkarte, doch Bitcoin bietet überraschende Vorteile, die oft übersehen werden. Während Kreditkarten weit verbreitet sind, können sie im Ausland mit hohen Gebühren und ungünstigen Wechselkursen verbunden sein. Bitcoin hingegen kann eine kostengünstigere und flexiblere Alternative darstellen. Einer der grössten Vorteile von Bitcoin ist die Unabhängigkeit von Banken und...
Read More »CertiK Finds Kraken Vulnerability, Drains $3 Million From the Exchange
CertiK, the Web3 cybersecurity firm, has exploited a vulnerability in Kraken’s software to siphon away $3 million. Kraken has accused CertiK of not returning the funds and trying to extort it for unreasonable amounts. On June 9, CertiK siphoned away the $3 million despite making a minute transaction of just $4, which was enough to alert Kraken. So, the exchange felt there was no reason to drain its treasury of the millions. No user funds were affected during this fiasco. Nick Percoco, Chief...
Read More »Bitcoin Price Down 2.3% as US Spot BTC ETFs Registers 5 Consecutive Days of Net Cash Outflows
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Read More »Bitwise Prepares for Ethereum ETFs with Mintable NFT Commercial
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Read More »3 Reasons Bitcoiners Should Also Buy Ethereum, According To Bitwise
With spot Ethereum ETFs on the horizon in the United States, should existing Bitcoin ETF holders split their crypto holdings into ETH? In a Twitter thread on Thursday, Bitwise CIO Matt Hougan offered three reasons for why this might be a good idea. Why Bitcoin Holders Should Buy Ethereum The first, Hougan wrote, is for the sake of diversification. Since predicting the future of crypto is difficult, holding a stake in both leading assets can provide investors relief in case...
Read More »Stablecoins Could Capture 10% of Global Economy in the Next Decade: Circle CEO
Circle CEO Jeremy Allaire has stated that stablecoins could account for 10% of “global economic money” within the next decade or so. Allaire shared his vision in a June 19 X post, revealing the biggest reasons he’s “more optimistic” about crypto and stablecoins than ever before. Stablecoins Could Revolutionize Global Economy Allaire noted that stablecoins, a ‘killer app’ for crypto, have enhanced cross-border commerce, reduced remittance costs, and provided banking solutions...
Read More »Traders Have Opened $1.6 Billion in BTC Short Positions
- Ad - Bitcoin traders are going in heavy on shorting BTC, expecting it to not cross $70,000 in the short-term. If it does, $1.6 billion in short contracts will be wiped out. The last time BTC hit that price was on June 8, after which it dropped to below $70,000 and went down even further to under $65,000. Despite that, the market looks incredibly bullish for BTC. BTC Open Interest (OI) stands 82% higher than it did during the start of the year. OI refers to the outstanding futures...
Read More »Kraken Confirms Return Of Funds From CertiK’s Controversial “Whitehat” Hack
Crypto exchange Kraken says it got its money back from the “security researchers” that took $3 million from the platform this year. “Update: We can now confirm the funds have been returned (minus a small amount lost to fees),” tweeted Nick Percoco, Chief Security Officer for Kraken, on Thursday. Kraken Gets Its Money Back Though Kraken first refused to identify the culprits, blockchain security experts at CertiK outed themselves on Wednesday as the ones behind the hack....
Read More »Indian Financial Agency Issues $2.25 Million Fine to Binance
- Ad - Binance is yet again under legal fire – this time in India. The Indian Financial Intelligence Unit (FIU) has issued a penalty of $2.25 million (Rupees 188.2 million) to Binance for failing to abide by the nation’s Prevention of Money Laundering Act (PMLA), 2002. This financial watchdog previously banned it from providing services to Indian customers through a show cause notice. Numerous offshore exchanges servicing Indian clients also received such notices. The FIU announced on 19...
Read More »Ethereum (ETH) and Trending Meme Coin Top a Prestigious Ranking: Details
TL;DR Ethereum’s popularity surged after the US SEC closed a particular investigation related to the asset and Pantera Capital announced plans to invest $100 million in a spot ETH ETF. Other recently-trending cryptocurrencies include the Trump-themed DJT token, ENS, and Fetch.ai (FET), which saw a 30% price increase. Attracting the Most Attention The crypto market intelligence platform Santiment revealed that Ethereum (ETH) has witnessed the largest rise in trader interest...
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