Bitcoin Falls Near $64,000 Due to Massive ETF Withdrawals and German Government Movements
TL;DR Bitcoin price fell close to $64,000 due to major withdrawals from spot ETFs in the US. Selling pressure could also be influenced by the...
LayerZero’s Donation Mechanism Controversy Causes Drop in ZRO Token
TL;DR The controversy over LayerZero’s token claim mechanism has caused a 19% drop in the value of the ZRO token. LayerZero implemented a “Proof of...
Bitcoin ETFs Turbulence: Net Outflows of $226.21M
TL;DR Bitcoin ETFs recorded net outflows of $226.21 million on June 13. Fidelity’s FBTC ETF led the outflows with $106.45 million. The only ETF that...
Ripple Challenges SEC’s $2 Billion Fine, Citing Terraform Labs Case
TL;DR Ripple argues that the SEC’s proposed fine is disproportionate compared to the Terraform Labs case. The SEC sought a $2 billion fine against Ripple,...
UwU Lend Hit by Second Hack in One Week, Total Losses Reach $23 Million
TL;DR UwU Lend has suffered two hacks in one week, with total losses of $23 million. The most recent attack, identified by Slowmist, resulted in...
Elon Musk Revolutionizes X with Private Likes, Gains Support from Dogecoin Co-Founder
TL;DR Elon Musk announces that likes on X (formerly Twitter) are now private, only visible to account owners. Billy Markus, co-founder of Dogecoin, praised this...
Arthur Hayes Joins Covalent to Develop Ethereum Wayback Machine
TL;DR Arthur Hayes, co-founder of BitMEX, joins Covalent as a strategic advisor. The Ethereum Wayback Machine project will ensure the long-term preservation of Ethereum historical...
U.S. Bitcoin ETFs Face Significant Fund Outflows Amid Economic Uncertainty
TL;DR U.S. Bitcoin ETFs recorded a net outflow of $200.31 million on June 11. Despite recent outflows, the cumulative net inflow remains positive at $15.42...
zkSync Airdrop: 3.68 Billion ZK Tokens to Be Distributed to 695,232 Wallets
TL;DR zkSync will distribute 3.68 billion ZK tokens to 695,232 eligible wallets next week. Eligible users must have interacted with the zkSync Era or zkSync...
Io.net Launches Token on Binance and Opens Rewards Claim Period Amid Leadership Change
TL;DR Users of io.net’s Ignition Rewards Program can claim their rewards from June 11 to June 18, 2024. The IO token of io.net will be...