Quick Look
Bitwise CEO: Bitcoin Should Move on From ‘Digital Gold’ Narrative as It Reaches Mainstream Adoption
Hunter Horsley, co-founder and CEO of Bitwise, a San Francisco-based cryptocurrency asset management firm, declared that the...
El Salvador Views Bitcoin as a Tool to Liberate the Nation From Fiat Currencies
Felix Ulloa, Vice-President of El Salvador, stated that the government has considered de-dollarizing the country and returning to...
Nigeria Drops Tax Evasion Charges Against Binance Executives
Nigerian authorities dropped tax evasion charges against two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, after the...
Keith Gill Boosts Gamestop Stake, Becomes Fourth Largest Shareholder
Keith Gill, also known by his alias ‘Roaring Kitty,’ has significantly increased his investment in Gamestop, now...
Holograph Compromised: HLG Value Plummets as Hacker Illegally Mints 1 Billion Tokens
On June 13, an unidentified hacker minted one billion HLG tokens by exploiting vulnerabilities in the Holograph operator smart...
Utah Senator Seeks to Abolish Federal Reserve
Republican Senator Mike Lee from Utah has introduced legislation to abolish the U.S. central bank and its Board of Governors. Lee...
Ryze Labs Weighs In: Fed’s Stance on Interest Rates and Its Impact on Market Dynamics
Following the release of lower-than-anticipated CPI data on June 12, U.S. equities climbed to record highs, with bitcoin exceeding...
New York recovers $50 million from Gemini for defrauded investors
New York Attorney General Letitia James has recovered $50 million from Gemini Trust, with this being money defrauded from Gemini...
ONI DEX Debuts Multi-Chain Ecosystem, Launchpads, and Innovative Earning Mechanisms
ONI DEX, a trailblazing decentralized exchange, is proud to announce its launch on multiple blockchains, including GALA Chain,...
Kadena Announces Partnership with Lurk Lab to Build ZK Bridge
New York, New York, June 14th, 2024, Chainwire Kadena, the world’s only scalable Proof of Work blockchain, announces a partnership...
Meme Coin Prices Crash But Traders are Backing PlayDoge as Presale Raises $4.2M
The meme coin market is in a tailspin, with prices crashing across the board. However, one project is bucking the trend. PlayDoge...
Fidelity’s FBTC leads as spot Bitcoin ETFs see $226 million in net outflows
Fidelity’s FBTC sees $106 million in outflows, nearly half of the $226 million spot bitcoin ETF outflows on June 13. BlackRock’s...
Bitcoin Technical Analysis: BTC Faces Downward Pressure Amid Market Uncertainty
Bitcoin’s price on June 14, 2024, stands at $67,046, with intraday prices ranging from $66,425 to $68,506. The leading crypto...
SEC to fully approve spot Ether ETFs by September as Society’s presale kicks off in four days
Key takeaways The SEC chair has revealed that the regulator will fully approve spot Ether ETFs by September. The Solciety presale...
Bitcoin.com to Host $10k Crypto Giveaway In CoinPoker Freeroll Tournament
Mark the calendars, as this Sunday is poker night. Bitcoin.com is pleased to announce an exclusive, free-to-enter poker tournament...
Ethena (ENA) investors turn to Oasis (ROSE) and Bitbot for potential gains
Ethena (ENA) struggles with bearish trends, eyes set on $0.65 support. Oasis (ROSE) showcases bullish resilience driven by robust...
South African Retailer Accepting BTC Sees Significant Increase in Monthly Crypto Transactions
The South African retail giant, Pick n Pay, has reported a significant increase in the value of monthly cryptocurrency payments,...
Tesla CEO Elon Musk Warns Against Government Overregulation
Tesla CEO Elon Musk has expressed concern that excessive government expansion leads to more regulators than participants,...
Moscow Exchange Stops Trading in Dollar and Euro Due to US Sanctions
On Wednesday, the Moscow Exchange (MOEX) announced new restrictions on its trading activities. The exchange revealed that, due to...
Kenyan Central Bank to Issue Licenses to Fintech Firms
The Central Bank of Kenya is amending the country’s payment systems law, which will allow it to issue operating licenses to fintech...
Permissionless Restaking Protocol Symbiotic Launches Raising $5.8 Million in Seed Round
Symbiotic, a permissionless restaking protocol, has recently launched, allowing other protocols to provide shared security through...
Binance CEO Sees 2024 as a ‘Landmark Year’ for Crypto
Binance CEO Richard Teng described 2024 as a “landmark year” for the cryptocurrency industry in an interview with...
Landmark Ruling: Crypto Dealings Not Illegal in India, Says High Court
The Orissa High Court in India ruled that cryptocurrency dealings are not illegal under Indian law. This decision arose from a case...
Attorney Disbarred After Misappropriating $4 Million in Bitcoin Funds
The Supreme Court of Georgia, the highest judicial authority of the U.S. state of Georgia, has disbarred attorney Diana McDonald on...
US Lawmaker Proposes Stricter Digital Asset Regulations to Enforce Russian Sanctions
U.S. Congressman Brad Sherman has proposed an amendment designed to enhance the enforcement of sanctions on Russian digital assets....
Crypto Just Got Hungrier: DevourGO Now Accepts Payments via Coinbase Commerce
Phoenix, United States, June 13th, 2024, Chainwire Devour, the leading web3-powered food ordering platform, announced today that...
US Treasury Expands Sanctions to Cripple Russian War Economy
The U.S. Treasury Department announced Wednesday that over 300 new sanctions have been issued to intensify pressure on Russia for...
SEC chair says S-1 approvals for spot Ether ETFs in the summer
SEC Chair Gary Gensler told lawmakers on Thursday that he sees spot Ethereum ETFs’ S-1 filings approval in the summer. The SEC...
Space and Time Unveils Sub-Second ZK Prover, Now Open-Sourced
With goals set on advancing blockchain and artificial intelligence (AI) integration, Space and Time has publicly released its...
Terraform Labs to shut down following the SEC settlement
Current CEO Chris Amani announced that Terraform Labs will wind down. Terraform Labs will sell its remaining assets to various...
Solana Labs Launches Bond, a Blockchain Digital Customer Engagement Platform
Solana Labs announced the launch of Bond, a platform that uses blockchain and cryptocurrency structures to establish links between...
Bitcoin miners are under pressure and they’re selling: CryptoQuant
Bitcoin price has declined by nearly 7% in the past week, with bulls failing to hold above the $70k level. BTC has today retreated...
Competitive Pressure Builds for Bitcoin Miners as Hashprice Swings
Bitcoin’s hashrate experienced an uptick this week, briefly surpassing 600 exahash per second (EH/s) and currently...
Bitget COO Apprentices Showcase Talent at the University of Nicosia Event
Victoria, Seychelle, June 13th, 2024, Chainwire Bitget, a leading cryptocurrency exchange and Web3 company, is excited to announce...
US Spot Bitcoin ETFs Reverse Outflows With $100M Inflows
U.S. spot bitcoin exchange-traded funds (ETFs) experienced inflows on Wednesday, following two consecutive days of outflows. The 11...
Solciety, the Solana-based meme coin for the Degens, announces presale
Solciety is a new Solana meme coin launching in presale on June 18. The meme coin combines politics, political buzz and meme coins,...
Terraform Labs to Dissolve After SEC Settlement, CEO Announces
Following a settlement with the U.S. Securities and Exchange Commission (SEC), Chris Amani, who succeeded Do Kwon as the CEO of...
Egyptian Fintech Startup Sahl Raises $6 Million in Series A Funding Round
The Egyptian fintech startup Sahl has raised $6 million through a Series A funding round. The startup is set to use the capital...
Ripple and Archax Extend Collaboration to Boost Real-World Asset Tokenization on XRP Ledger
Ripple, a leading enterprise in blockchain and crypto solutions, and Archax, the UK’s first regulated digital asset...
Donald Trump Pledges to Champion Bitcoin Mining in Historic Meeting With Industry Leaders
Former U.S. President and presidential candidate Donald Trump has engaged with leaders in the bitcoin mining sector, expressing his...
As UK Elections Approach, Crypto Industry Leaders Turn Attention to Keir Starmer, Labour Party
With U.K. opinion polls indicating a strong performance by the Labour Party in the July 4 elections, crypto executives and...
Euro’s Reserve Currency Status Threatened as Its Share of Foreign Reserves Holdings Drops
A report from the European Central Bank indicated that the euro’s share of foreign exchange reserves declined by one percentage...
VGX Foundation and Honeyland Partner to Offer VGX Rewards for Players
George Town, Cayman Islands, June 12th, 2024, Chainwire The VGX Foundation has announced a partnership with popular web3 game...
Uzbek Court Sentences Student to 10 Days in Prison for Crypto Sales
A 24-year-old Termez State University graduate has been sentenced to 10 days of administrative imprisonment for selling...
MoonPay integrates PayPal for crypto purchases in the UK and EU
MoonPay integrates PayPal for EU and UK crypto purchases using fiat. PayPal, the third most popular payment method in the US,...
Thai Finance Minister Revokes Crypto Exchange Zipmex’s Licenses
The Securities and Exchange Commission (SEC) of Thailand announced Monday that the Thai Minister of Finance has revoked Zipmex’s...
MultiversX and Cornell University join forces for blockchain education
MultiversX and Cornell have launched Blockchain Essentials Program for 100 underserved students. The program offers free education,...
Asia’s Gold Rush: Investors Seek Safe Haven Amid Economic Uncertainty
Demand for gold in Asia is surging despite high prices, as buyers seek a hedge against geopolitical and economic uncertainty. In...
Eigen Labs acquires Rio Network to expand EigenLayer blockchain capabilities
Eigen Labs acquires Rio Network and integrates LRT tech into EigenLayer for enhanced staking utility. LRT technology from Rio...
Bill Miller Explains Why Bitcoin Is Still Undervalued
Bill Miller IV, chairman and CIO of Miller Value Partners, has explained why bitcoin is undervalued despite the...
Circle integrated into Solana paving the way for programmable wallets and NFTs
Circle integrates Solana for enhanced Web3 services. The integration brings programmable wallets, gas stations for subsidized...
Bitwise Analysis: AI and Crypto Fusion Poised to Elevate Global Economy by $20 Trillion
Bitwise’s Senior Crypto Research Analyst, Juan Leon, predicts a transformative impact on the global economy as artificial...
B2Broker’s New Generation Copy Trading Platform Shakes up the Market
According to an analysis by The Insight Partners, the copy trading market is predicted to increase from $2.2 billion to $4 billion...
Terraform Labs agrees $4.5 billion settlement with SEC
Terraform Labs is to pay $4.47 billion to settle with the US Securities and Exchange Commission (SEC). The SEC sued Terraform Labs...
12-Month Crypto Gainers: Meme Coins Take 7 of Top 10 Spots
Over the past 12 months, bitcoin (BTC) has appreciated more than 168% against the U.S. dollar, a notable performance compared to...
Azuro Steps Into AI Using Olas to Predict Sports Event Results
Lisbon, Portugal, June 12th, 2024, Chainwire Azuro, the leading liquidity layer for onchain predictions, is using Olas, the...
Report: Major Entities Hold Over 4 Million Bitcoin, Accounting for 27% of Supply
The latest Glassnode onchain report reveals that major labeled entities collectively hold approximately 4.23 million bitcoin,...
Bitget Supports Bitcoin Lightning Network to Propel BTC Ecosystem Advancement
Victoria, Seychelles, June 12th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, is delighted...
Blast’s Rebasing Stablecoin USDB Now Ranks 9th Among Dollar-Pegged Crypto Tokens
A new stablecoin has emerged among the top ten U.S. dollar-pegged tokens. Known as USDB, this auto-rebasing stablecoin was...
Doggy AI Presale Reaches Over $101,000 Shortly After Launch
London, United Kingdom, June 12th, 2024, Chainwire Doggy AI (DOGYAI)has swiftly accumulated over $101,000 in its presale shortly...
Ripple Introduces XRPL EVM Sidechain: Bringing Ethereum Virtual Machine Compatibility to XRP Ledger
Ripple has announced the development of a new product, the XRPL EVM Sidechain, which will bring Ethereum Virtual Machine (EVM)...
Pepe, Bonk surge despite sell-off in memecoins
PEPE and BONK look to be defying this outlook with notable gains in the past 24 hours. Respected crypto analyst Michael van de...
Ripple CEO Unveils New Stablecoin Name at XRP Ledger Community Summit
In a significant announcement at the XRP Ledger Community Summit (#XRPL Apex) held in Amsterdam from 11-13 June 2024, Brad...
GBM Auctions Hosts First Charity Bid-to-Earn Auction for Polkadot Ecosystem
London, United Kingdom, June 12th, 2024, Chainwire GBM Auctions has announced the completion of the first charity Bid-to-Earn...
Former Coinbase Business Developer: ‘There Wasn’t a Long-Term Case for Bitcoin Payments’
Nick Tomaino, a former business developer and marketing lead at Coinbase, explained how the idea of bitcoin for payments gradually...
Squads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet
Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet...
Floki Name Service Is Live on BNB Chain
Floki Name Service, a decentralized domain name service by the popular meme coin, is now live exclusively on the BNB Chain mainnet....
UBS Recommends Buying Gold Dips Amid Economic Uncertainty
The UBS editorial team, comprising financial analysts and economists at UBS, a prominent global financial services firm, recommends...
Japanese Corporation Metaplanet Acquires More Bitcoin, Stock Price Soars
Metaplanet, a publicly traded corporation on the Tokyo Stock Exchange, has announced an investment of 23.351 bitcoins, with an...
Putin Says US Dollar Dominance Diminishing as Use of ‘Toxic Currencies’ Declines
Russian President Vladimir Putin claims U.S. economic policies are diminishing the dollar’s global dominance. “Last...
Rich Dad Poor Dad Author Robert Kiyosaki Sees Bitcoin as the Easiest Way to Become a Millionaire
Rich Dad Poor Dad author Robert Kiyosaki has stated that bitcoin is the easiest way to become a millionaire because the...
Experts Say Dollar Dominance Debate Misses the Point, US Needs Economic Focus
Two experts have explained that the global debate on the future of dollar dominance misses the point because it doesn’t focus on...
BRICS Meeting Highlights Shift to Local Currencies
BRICS Ministers of Foreign Affairs have emphasized using local currencies in trade, reaffirming economic resilience and financial...
Bitwala and Curve Announce Partnership for Digital Wallet Integration
Bitwala, a blockchain banking service based in Berlin, has entered into a partnership with Curve, a digital wallet provider. The...
Largest Bank in Brazil Itau Unibanco Opens Cryptocurrency Trading to All Users
Itau Unibanco, the largest bank in Brazil and all of Latam, has reported the availability of cryptocurrency trading services for...
Google Searches For “Onchain” Exploding As Galaxy Fox Game Goes Viral
Google Trends data shows search for “onchain” at record highs Galaxy Fox P2E game went viral less than a month after launching...
Polygon Unveils $1 Billion Grant Program to Foster Blockchain Development Over Next Decade
Polygon has announced a $1 billion Community Grants Program, set to roll out over the next ten years, aimed at supporting...
PENDLE price outlook as whale deposits tokens on Binance
Pendle (PENDLE) price dips 3% to near key support area. A whale has deposited 755k PENDLE tokens on Binance. Arthur Hayes has also...
US Senators Urge Federal Reserve to Cut Interest Rates — Warn Fed Policy Threatens Economy, Risks Recession
Three U.S. senators have urged Federal Reserve Chair Jerome Powell to cut interest rates, arguing that high rates stifle the...
Binance Labs Invests In Zircuit To Advance L2 With AI-Enabled Sequencer Level Security
George Town, Grand Cayman, June 11th, 2024, Chainwire Binance Labs, the venture capital and incubation arm of Binance, has invested...
Meme Coin Craze Drives Solana’s Token Issuance to New Heights
According to statistics, 115,773 tokens were issued on the Solana blockchain, and 30-day metrics show that more than half a million...
Ripple finalizes acquisition of Standard Custody
Ripple has completed the acquisition of Standard Custody & Trust Company, according to a news release published on Tuesday. The...
Nigerian Minister: Binance Fails to Pay Taxes on Over $20 Billion Turnover
In 2023, Binance generated revenues exceeding $20 billion in Nigeria; however, the company has not paid taxes, a government...
Bitcoin dips below $68k as Bitbot develops its staking feature
Key takeaways Bitcoin has dropped below $68k following a poor start to the week. Bitbot is working on its staking feature after...
Uniswap Labs Acquires Onchain Survival Experience Crypto: The Game
Uniswap Labs has announced the acquisition of Crypto: The Game (CTG), an onchain experience mimicking mainstream TV shows like...
Solana Launches Mainnet Beta v1.18.15 Upgrade to Address Network Stability
Solana has recommended validators in the network upgrade to the latest Mainnet Beta 1.18.15, which includes several fixes to...
Abu Dhabi Regulator, ADGM, Signs Digital Assets MoU With Bermuda Monetary Authority
The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and the Bermuda Monetary Authority (BMA)...
Study: 14% of ‘Early Adopter’ Kiwis Own Cryptocurrency; Majority Favor It Over Real Estate
At least 14% of New Zealanders surveyed said they have owned cryptocurrency or held digital assets in the past. The findings...
Gold Production Struggles Despite 2024 Q1 Surge
The gold mining industry struggles to sustain production growth due to declining new deposits, reports the World Gold Council...
FTC Warns of Crypto Scams From Online Love Interests
The U.S. Federal Trade Commission (FTC) has issued a warning about cryptocurrency romance scammers who offer investment advice. The...