Jason Derulo Faces Backlash Over Meme Coin Promotion
TL;DR Jason Derulo faces criticism after promoting a meme cryptocurrency that fell 72% shortly after its launch. Derulo blames Sahil Arora and promises to rectify...
Solana ZK Compression: Revolutionizing Blockchain Efficiency
by fernando
TL;DR Solana introduces ZK Compression to reduce costs and improve scalability. The technology uses zero-knowledge proofs to maintain data integrity. The community debates whether this...
Bitcoin Prepares for Potential 70% Growth with ‘Cup and Handle’ Pattern
by guido
TL;DR Bitcoin is forming a “cup and handle” pattern on its weekly chart, signaling a potential bullish move according to technical analysts. The pattern is...
Bitcoin Falls Near $64,000 Due to Massive ETF Withdrawals and German Government Movements
by fernando
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
by fernando
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...
Crypto Market on Edge: $2.06 Billion in BTC and ETH Options Set to Expire
by jose
TL;DR BTC and ETH Options Expiry: A massive $2.06 billion in Bitcoin and Ethereum options are set to expire, potentially causing significant market volatility. Bitcoin’s...
Bitcoin ETFs Turbulence: Net Outflows of $226.21M
by fernando
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
by fernando
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,...
Bitcoin and Ethereum: Whales Take Advantage of Market Correction
by guido
TL;DR Bitcoin whales accumulated 20,600 BTC worth $1.38 billion on June 11 amid a crypto market correction. Ethereum hodlers purchased over 240,000 ETH valued at...
UwU Lend Hit by Second Hack in One Week, Total Losses Reach $23 Million
by fernando
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...