Crypto EcoBlog
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Read More »Santiment: Bitcoin Experiencing “Extended Level” of FUD on X
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Read More »Standard Chartered Bank to Launch Crypto Trading Desk for Bitcoin and Ethereum
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Read More »Elon Musk Has No Plans to Integrate Crypto Payments on X
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Read More »ConsenSys Calls for Delay of New IRS Reporting Rules as Industry Unites Against ‘Unclear’ Regulations
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Read More »Tron USDT Overtakes Visa in Daily Transaction Volume
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Read More »Federal Judge Suggests Denying Motion to Dismiss in SEC vs Kraken Case
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Read More »Stablecoin Issuers Collectively Become the 18th Largest Holders of US Debt
Stablecoin issuers now hold over $120 billion in US Treasury notes, becoming the 18th largest holder of US Debt and overtaking numerous nations. Out of the $120 billion, Circle holds about $29 billion and Tether holds a whopping $91 billion. The former holds short-dated US Debt, like repos, and the latter holds Treasuries. However, concerns begin to mount as demand for US Debt grows in the crypto industry and elsewhere, and the US needs to consider appropriate debt management measures....
Read More »Bitcoin Options Market Continues to Stay Bullish with $100K Calls Despite Selling Pressure
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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...
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