The Ethereum FUD fires are burning hotter than ever as Ether has fallen against Bitcoin and Solana while developers are fighting the flames.
Decentral Block Post
BingX launches ‘ShieldX’ wallet firewall months after $52M hack
The Singapore-based crypto exchange says the new security initiative dubbed “ShieldX” will help prevent future exploits and better safeguard user assets.
Microsoft shareholders propose firm to look into investing in Bitcoin
Microsoft’s board is already recommending voting against it, arguing they already “evaluate a wide range of investable assets,” including Bitcoin.
US government crypto wallets hacked for $20M — Arkham Intelligence
According to onchain analytics firm Arkham Intelligence, the malicious address currently holds approximately $13 million in assets.
India mulls new crypto ban to support CBDC, Lazarus Group strikes again: Asia Express
India considers new ban on crypto to support the digital rupee, and North Korean hackers are suspected to be behind two recent attacks.
Standard Chartered predicts Bitcoin surge to $125K with Trump win
A second Trump presidency would be good for Bitcoin, a Standard Chartered Bank analyst says. A Harris win would be just OK for crypto.
US lawmaker claims crypto PACs forced out ’important voices in Congress’
Representative Summer Lee took aim at crypto-backed Super PACs funding media buys that could have contributed to two Democratic lawmakers losing their primaries.
Fireblocks launches $1M grant program to boost PYUSD developer adoption
As part of the program, developers can apply for up to $60,000 in grant funding to support their projects.
Solana again clocks record-breaking fee revenue
Solana generated some $8.7 million in economic value from network activity, up from just under $8 million one day prior, according to Blockworks Research.
Pennsylvania House of Representatives passes pro-crypto bill
Co-founder of the Satoshi Action Fund Dennis Porter dubbed the legislation the “Bitcoin rights” bill.
Crypto-native AI will transform Web3: Coinbase Ventures
It will ultimately create a world where autonomous AI agents freely interact with humans onchain, the venture capital firm said.
OpenAI’s ‘AGI Readiness’ chief quits — ‘I want to be less biased’
Miles Brundage says neither OpenAI nor the world are ready for artificial general intelligence.
R3 explores strategic options amid blockchain industry challenges
R3 started out as a consortium and grew fast. Now it is reportedly waiting to see where fate takes it next.
Altcoin season ‘more probable’ once Bitcoin hits $80K — Hashkey Capital
Analysts at Hashkey Capital say altseason could find firmer footing once Bitcoin trades above $80,000.
‘Unusually’ large Bitcoin ETF inflows spark concerns of BTC price decline
Large surges in spot Bitcoin ETF inflows have historically been “followed by bearish price movements,” leading one analyst to warn that a price decline could follow.
Ankr integrates TON into Web3 API services for developers
According to Ankr, the integration will eliminate node management for developers, allowing faster development into the TON network.
Independence Day director creating TV series based on Web3 game
The show, which is based on the "Space Nation" game, plans to use non-traditional distribution channels.
Polymarket claims to have identified Trump whale
According to the current Polymarket 2024 US election odds, former President Trump is favored to win all six US swing states.
Bitcoin whale accumulation hits 670K all-time high amid BTC’s v-shaped bounce
Despite this week’s Bitcoin price drop, whales continued to add to their balance and the current v-shaped BTC recovery could be a sign that new highs are coming.
US gov’t cites ex-FTX exec’s ‘exemplary cooperation’ before sentencing
Prosecutors asked Judge Lewis Kaplan to consider Nishad Singh’s “substantial assistance” to the government in its case against Sam Bankman-Fried at sentencing.