The value of crypto locked in DeFi increased by 17% due to ETH appreciation and a rise in trading activity.
Decentral Block Post
Bitcoin ETF flows will send BTC price into ‘parabolic run,’ traders say
BTC’s price remains steady above $69,000; analysts say increased spot Bitcoin inflows could take the price higher.
Dumbed down Google and Microsoft AI won’t discuss any presidential elections
Meanwhile, Anthropic’s Claude 2, Meta’s Llama and OpenAI’s ChatGPT seemingly have no qualms about discussing elections past, present or future.
Peru adopts India’s UPI system to boost financial inclusion
The Indian instant payment system is gradually making its way around the world.
Price analysis 6/7: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX
Solid buying in spot Bitcoin ETFs suggests that traders anticipate a breakout to the upside over the coming days.
BTC price dips 1.8% as Bitcoin tackles ‘schizophrenic’ new US jobs data
Bitcoin resistance shifts higher as a snap reaction to unusual U.S. employment data delivers classic BTC price volatility.
US elections are a ‘huge variable’ for Solana ETF approval
The approval of spot Ether ETFs has opened Pandora’s box for another altcoin ETF. Solana, XRP, Chainlink or Dogecoin could be next, but is the crypto market overly optimistic?
Zilliqa 2.0 upgrade enhances speed and cross-chain compatibility
Block times can also be adjusted as desired. The root mainnet shard features an average block time of just two seconds.
Can Bitcoin close above $70K amid strong labor market?
Stronger-than-expected employment data could put more downward pressure on Bitcoin price. Are ETF inflows enough to get a weekly BTC close above $70,000?
Sky Mavis recovers $5.7M from Ronin Bridge hack
Axie Infinity creator Sky Mavis said that some of the funds will cover the recovery costs while the rest will return to the Axie treasury.
CoinGecko confirms email provider data breach, over 23,000 phishing emails sent
The email platform’s security breach occurred due to a compromised employee account.
Solana-memecoin 'GME' explodes 150% ahead of Keith Gill's YouTube return
GME memecoin may see a significant correction, similar to the dramatic drop Dogecoin experienced following Elon Musk's appearance on SNL.
Crypto hacks increase in 2024, but smart contracts are not to blame
Smart contracts are no longer the biggest concern, as hackers are vying for easier targets, such as private key leaks.
The Sandbox raises $20M at $1B valuation, promises to expand creator economy
During a period when major metaverse projects are struggling to gain traction following the bear market of 2022 to 2023, Sandbox announced that it has added over 330,000 unique creators.
Bitdeer introduces energy-efficient Bitcoin mining chip
The chip will enhance Bitcoin mining performance, minimize power consumption, lower costs and reduce its environmental footprint.
What is Elliott Wave Theory, and how to use it in crypto?
Elliott Wave Theory offers a method for analyzing market cycles and predicting price movements in the crypto market.
Bitcoin SV’s Twetch considers open-sourcing after shutdown
Web3 social media platform Twetch, a competitor of X running on the Bitcoin SV blockchain, shut down operations on June 6.
GameStop rally sends Roaring Kitty’s shares to $1B
If GameStop opens at its current after-hours price, Roaring Kitty’s holdings would be worth around $1 billion.
Bitcoin may retest $69K next as shorts keep BTC price below all-time high
Bitcoin sees surprise selling into the latest daily close, giving rise to predictions of a support retest before new BTC price all-time highs.
AI-driven crypto crime is only just beginning — Elliptic report
Elliptic’s 2024 report exposes how AI is increasingly used for sophisticated crypto crimes, from deepfake scams to state-sponsored cyberattacks, signaling that these threats are just beginning.
108 ex-prosecutors, feds echo calls to rescue Binance exec in Nigeria
The potential consequences of the United States government not helping Tigran Gambaryan are “dire,” according to a cohort of former federal prosecutors and agents.
Over 35 fake Elon Musks live-streamed during SpaceX launch
“This is not a fake, this is a real giveaway. I personally guarantee it to you,” one of 35 deepfake versions of Elon Musk promised.
Why isn’t the BTC price moving despite billions in ETF inflows?
Spot Bitcoin ETFs in the United States have just notched their 19th day of inflows. Traders explain why it hasn’t led to a surge in the price of Bitcoin.
Semler Scientific now holds 828 Bitcoin and has $150M plan to buy more
The medical manufacturer now holds 828 BTC and says it will “continue to pursue our strategy of purchasing Bitcoins with cash.”
Big shorters are betting $6.9B against MicroStrategy stocks
Short-sellers have wavered this year as MTSR skyrocketed 469% over the past six months, though a few major institutions are holding out hope for a correction.
Telegram launches in-app currency ‘Stars’ for digital purchases
Telegram Stars can be swapped for Toncoin, an $18 billion cryptocurrency, on Telegram’s Fragment platform.
Hulk Hogan denies memecoin shilling posts on X — ‘not from me’
The former pro wrestler said the now-deleted posts promoting a token that dumped within hours of launching weren't from him.
Ethereum ETF launch date depends on issuers, not SEC: Gensler
“It’s really up to them how responsive they are,” said SEC Chair Gary Gensler.
NY Attorney charges 3 tied to 'Evolved Apes' NFT scam
The nearly 10,000-strong NFT collection is still listed on OpenSea, but its floor price is a measly $7.60.
FTX creditors object to bankruptcy reorganization plan
The group of creditors, led by Sunil Kavuri, cited several concerns, including forced taxation, which would compromise creditors’ best interests.