Exchanges pledged $2.5B to user protection funds amid FTX’s collapse: Report
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According to a new report published by blockchain analytics firm Nansen on June 14, most reputable cryptocurrency exchanges adopted user protection funds…
Curve pool imbalance triggers USDT depeg concerns, Tether CTO calls it FUD
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Tether-issued USDT (USDT) stablecoin slightly deviated from its dollar peg value on June 15 due to an imbalance in the Curve 3pool. The…
US prosecutors say SBF will be tried on original 8 criminal charges — for now
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The criminal trial of FTX co-founder Sam Bankman-Fried will be going ahead with the eight charges he was initially pinned for by…
‘Pick your targets’ — Bitcoin analyst believes Fed will favor bulls
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Bitcoin (BTC) stayed below $25,000 on June 15 after a snap reaction to United States economic policy changes saw three-month lows. BTC/USD…
Binance launches Bitcoin mining cloud services amid SEC crackdown in the US
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Crypto exchange Binance announced the launch of new subscription-based could mining products dedicated to Bitcoin (BTC) mining. Starting June 15, users that…
AI automation could take over 50% of today’s work activity by 2045: McKinsey
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In just 22 years, generative AI may be able to fully automate half of all work activity conducted today, including tasks related…
Institutional crypto broker FPG halts withdrawals after $20M cyberattack
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Cryptocurrency brokerage firm Floating Point Group (FPG) has confirmed it has halted trading, withdrawals and deposits on its platform after falling victim…
Pro-Bitcoin Florida man Francis Suarez enters presidential race
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Francis Suarez, the mayor of Miami and a known crypto advocate, has filed paperwork signaling his intention to run for United States…
Fed pauses interest rates, but Bitcoin options data still points to BTC price downside
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Bitcoin’s price has been pinned below $26,300 since June 10, reflecting a 14.8% correction in two months. Meanwhile, the Nasdaq tech stock…
Bitcoin dips below $25K for the first time in 3 months
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The price of Bitcoin (BTC) has fallen below the $25,000 mark for the first time since March 17 following a hawkish Fed…