BNY Mellon Enters Crypto Custody! SEC Approves Broader Digital Asset Services
TL;DR The SEC approves BNY to offer digital asset custody. The structure of the Bank of New York could be applied beyond Bitcoin and Ethereum ETFs.
cryptocurrencies (Latest Publications)
Onyx Protocol Loses $3.8M in Another DeFi Hack—Funds Already Swapped
TL;DR Onyx Protocol, a fork of Compound Finance, suffered a cyber attack that resulted in a loss of $3.8 million. The attackers exploited a known precision
Bitcoin (BTC) Reaches $65,000 as Altcoins Outperform
TL;DR Bitcoin surpassed $65,000, reaching around $65,540.40, driven by interest rate cuts in the US and stimulus measures in China. Ethereum also showed significant growth, reaching
Bitcoin Miner Hut 8 Launches New AI Cloud Service
TL;DR Hut 8 Corp., a Bitcoin mining company, has launched its new GPU-as-a-Service offering, starting to generate revenue with a GPU cluster. This cluster, which utilizes
Polymarket Predicts 84% Odds Ethereum Won’t Reach New ATH Next Year—Is the Bear Market Here?
TL;DR Polymarket Odds: Only 16% chance of Ethereum hitting a new all-time high in 2024. Total Bets: A total of $1,628,442 has been placed on this issue.
Ethena Labs Introduces UStb Stablecoin Fully Backed by BlackRock’s BUIDL Fund
TL;DR Ethena has launched its new stablecoin UStb, designed as an alternative to USDe, offering stability with a differentiated risk profile in a volatile market. UStb
Shocking Study Reveals 89% of Airdrop Tokens Crash in Value Within 90 Days
TL;DR 89% of airdropped tokens lose value in the first 90 days. Airdrops that distribute more than 10% of the total supply show better performance. Liquidity
LayerZero (ZRO) Soars 16.8% in 24hs as Activity Increases Following Airdrop Announcement
TL;DR LayerZero has experienced a 433% increase in its activity, reaching 98,000 daily messages following the announcement of a second airdrop. The new strategy focuses on
PayPal Brings Crypto to U.S. Businesses Amid Growing Demand
TL;DR New Crypto Features for Businesses: PayPal now allows U.S. business account holders to buy, hold, and sell digital currencies directly from their accounts, launched on
Babylon and Fiamma Collaborate to Unleash Bitcoin’s Full Potential on Euphrates Devnet
TL;DR Fiamma has successfully integrated Babylon’s devnet, Euphrates, which represents a significant advancement in leveraging the full potential of the 21 million available Bitcoins. Through the
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