Bitcoin ETFs Surge to $70B, Rivaling Gold Funds

Bitcoin ETFs

In a rapid surge of adoption, U.S.-listed Bitcoin exchange-traded funds (ETFs) have accumulated $70 billion in assets, surpassing half of what gold ETFs hold in record time. Since their January 2024 debut, Bitcoin ETFs have drawn substantial inflows, totaling $23.89 billion and reaching over 50% of the assets held by U.S.-listed gold ETFs, according to […]

Major Security Breach Hits dApps Via Lottie Player Library

Major Security Breach

A significant security breach has impacted multiple decentralized applications (dApps) following malicious code injections into Lottie Player, a popular JavaScript animation library. Hackers exploited recent updates to the library’s npm package. Embedding code into versions 2.0.5 through 2.0.7 that enabled phishing scams and drained user funds. The breach’s financial impact is already severe, with at […]

Florida Considers Bitcoin for State Pension Funds

Florida

Florida’s Chief Financial Officer, Jimmy Patronis, has taken a bold step toward integrating Bitcoin into the state’s pension fund investments. In a letter to the State Board of Administration (SBA) on Tuesday, Patronis requested a feasibility report on the potential benefits of investing a portion of the state’s retirement funds in cryptocurrency, specifically Bitcoin. This […]

Trump’s Crypto Venture Eyes Stablecoin Market

Donald Trump’s crypto project, World Liberty Financial, has taken a bold step by planning the development of a stablecoin, according to sources close to the venture. The project, which recently raised $14 million through an initial token sale, seeks to capitalize on the stablecoin market—a crucial element of the crypto ecosystem—by creating a financial product […]

Vitalik Buterin Defends Ethereum Holdings

Vitalik Buterin Defends Ethereum

Ethereum co-founder Vitalik Buterin recently took to Twitter to respond to speculation about ETH sales by himself and the Ethereum Foundation. In a Saturday thread, Buterin addressed questions surrounding the Foundation’s transfer of funds to centralized exchange Kraken and clarified the motives behind these transactions, which he said were misunderstood as “dumping” ETH onto the […]

MemeFi Shifts to Sui for Token Launch

memefi shifts

In a bold move just weeks before its anticipated token launch, MemeFi—a Telegram-based combat game—has announced its shift from Ethereum’s Linea to the Sui network. This unexpected switch marks a strategic alignment with Mysten Labs, Sui’s development team, promising not only a faster blockchain experience but also a new integration between the Sui network and […]

Bitcoin Dev Peter Todd Denies Satoshi Claims

Bitcoin Dev peter todd

Longtime Bitcoin Core developer Peter Todd has found himself in the spotlight this month after being accused of being Satoshi Nakamoto in a new HBO documentary, “Money Electric: The Bitcoin Mystery.” Despite vehemently denying the claims both on- and off-camera. Todd said on Friday that the rumors have forced him to adopt new security measures. […]

X Empire’s X Token Launch Falls Short, Players Disappointed

X empire

The highly anticipated X token from Elon Musk-themed Telegram game X Empire launched on The Open Network (TON) on Thursday, marking one of the year’s major Telegram-based token drops. However, with a launch price far below pre-market expectations and continuing volatility, many players have expressed disappointment in their airdrop rewards. X Token Price Dips Below […]