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Source: Cointelegraph.com

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Marc Cuban wallet seen dumping NFTs after 2 years of inactivity
Marc Cuban’s wallet sold 14 NFTs for $38,500 and listed two more NFTs for sale for about $66,000. Read full article
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Hong Kong shows off crypto, Web3 prowess in Toronto
Canadian crypto and Web3 startups could benefit from “lower taxes” and regulations that cater to “pre-commercial specialist technology companies,” said a Toronto ETO official. Read full article
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Bitcoin ETFs shed $1.3B over 2 weeks amid market slump
Bitcoin ETFs have seen outflows of $1.3 Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months. Read full article
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Bitcoin ‘cascading long squeeze’ to blame for slump to $60K
An increasing number of traders entering new long positions was the ‘fuel’ behind Bitcoin’s slump to $60,000, according to a Bitcoin analyst Willy Woo. Read full article
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Jason Derulo sold his JASON tokens while saying he won’t, says Bubblemaps
The analytics firm claims the singer sold tokens despite promises that he wouldn’t, while the controversial figure who apparently helped create the token claims "it’s all orchestrated.” Read full article
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Alex Lab points to Lazarus Group after last month's $4M exploit
After being exploited for $4.3 million in May, Alex Lab reveals they have since found “substantial transaction evidence” pointing the attack to North Korea’s Lazarus Group. Read full article
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‘Survival games’ as Bitcoin hash price skirts near all-time low
Despite the hash price crash, most Bitcoin mining machines remain profitable for the time being. Read full article
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AI tokens rally as NVIDIA slumps 13% from market cap peak
Despite Nvidia, one of the most talked-about stocks of the year, sharply falling in price, artificial intelligence crypto tokens are spiking. Read full article
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Mt. Gox repayments won’t be as bad for Bitcoin as you think: Analysts
The nearly $9 billion in Mt. Gox creditor repayments starting July may not kick down the price of Bitcoin, but they could spell trouble for Bitcoin Cash. Read full article
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Bitcoin sentiment index drops to ‘fear’ — its lowest score in 18 months
The weakened market sentiment comes amid fears of a potential $8.5 billion market dump by Mt. Gox and recent mass outflows from United States spot Bitcoin ETFs. Read full article
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Bitcoin will protect the wealth that AI creates: Pompliano
AI machines will need to use and store their wealth somewhere, and Bitcoin is the logical choice for that, Anthony Pompliano says. Read full article
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Julian Assange to be freed after reaching plea deal with US
The Wikileaks founder is expected to plead guilty to one U.S. charge and be sentenced for time served in a U.K. prison. Read full article
11h ago
Cointelegraph.com
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Iranian officials decry blockchain game 'Hamster Kombat' as soft power tool
The deputy chief of the Iranian military claimed the game was a way of distracting Iranians from the country's upcoming presidential elections. Read full article
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'Privacy-minded' CBDCs are a wolf in sheep’s clothing
CBDC developers have made little progress in developing products capable of "preserving privacy," and government is not complaining. Read full article
12h ago
Cointelegraph.com
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Bitcoin analysts forecast BTC price drop to $50K before parabolic run begins
A handful of Bitcoin analysts now believe BTC price is headed below $50,000. Cointelegraph explores why. Read full article
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President of Jump Crypto steps down
Kanav Kariya announced his resignation amid reports of a pending investigation into Jump Crypto’s activities and several incidents dating back to 2022. Read full article
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Bitcoin derivatives turn bearish as traders anticipate sub $60K BTC price
Bitcoin derivatives data suggests that macroeconomic and crypto-specific factors are behind BTC’s recent drop below $60,000. Read full article
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SEC drops investigation into Ethereum: Law Decoded
A letter from Consensys states that the SEC’s approval of spot Ether exchange-traded funds indicated that it had “updated its position to classify ETH as a commodity and not a security,” but not everyone agrees. Read full article
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Louisiana’s new crypto law protects node operators, bans CBDC
The U.S. state of Louisiana has updated its legislation to ban the use of central bank digital currencies and to establish rules for digital asset miners and node operators. Read full article
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How DePIN is poised to disrupt the cloud computing industry: Report
Cointelegraph Research uncovers how DePIN networks and SwanChain’s ecosystem are changing the cloud computing industry. Read full article
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European Central Bank releases first CBDC progress update
The ECB promised pseudonymization and independent audits of the CBDC system to calm consumer fears of tracking. Read full article
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Bitcoin 'whale games' come early as BTC price swoons below $60K
BTC price weakness delivers seven-week lows as whale "spoofing" across order books creates grim conditions for Bitcoin bulls. Read full article
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Price analysis 6/24: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
Bitcoin price descends to $60,000, but will traders buy the dip in BTC and altcoins? Read full article
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Chief author behind President Biden’s crypto EO rejoins administration
Carole House left her position as a crypto adviser at the New York State Department of Financial Services to rejoin the White House in an election year. Read full article
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Big banks rush in to test ECB’s wholesale distributed ledger tech
The new participants in the European Central Bank’s DLT tests include major financial institutions. Read full article
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Why is Bitcoin DeFi blooming? Developers share their insights
Experts say that the lack of base yield and fragmented liquidity have made Bitcoin DeFi a challenging environment to navigate. Read full article
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Blockchain developer warns of centralization risks as crypto AI race intensifies
The Kip Web3 AI base layer previously closed an undisclosed funding round from Animoca Brands in April. Read full article
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Crypto investment products see $584M outflow as Bitcoin descends to $60K
Apprehension over a delay in interest rate cuts, a strengthening DXY and softness in Bitcoin price back the $584 million outflow in crypto investment products. Read full article
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Are market makers manipulating 78% of new crypto listings?
One formula indicates that up to 78% of new token listings since April 2024 have been conducted badly. Why do market makers seem to be indifferent? Read full article
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MetalCore Closed Beta 3 introduces NFTs and Web3 integration
MetalCore’s CB3 launches on June 27. It integrates NFTs and SHARDS, a new offchain currency, and aims to appeal to both Web2 and Web3 gamers. Read full article
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4-week correction for Bitcoin? Mt. Gox, Germany gov't add sell-pressure
Bitcoin price risks a potential fall below $60,000, due to Mt. Gox repayments and Germany's government selling its 50,000 BTC. Read full article
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Riot seeks three Bitfarms board members, says it holds 14.9% stake
The mining firm said it intended to replace Bitfarms board members — including its interim CEO — with three people “completely independent” of both companies. Read full article
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Nvidia launches in Middle East amid US AI export clampdown: Report
Nvidia partners with Qatari telecom provider Ooredoo to bring advanced AI technology to the Middle East, marking a significant expansion amid US export restrictions. Read full article
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Over $122M Bitcoin longs liquidated as BTC falls below $61K
The incoming selling pressure from the Mt. Gox repayment could still cause the Bitcoin price to fall below the psychological $60,000 mark. Read full article
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Bitcoin miner Hut 8 lands $150M investment amid AI boom
Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp. due to its capability to power generative AI applications with its high-performance computing. Read full article
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Why are traders shorting Michael Saylor’s MicroStrategy?
Short sellers are targeting MicroStrategy stock, but what is the reasoning behind it? Read full article
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Tether halts USDT minting on EOS and Algorand
Tether discontinues support for the EOS and Algorand implementations of its flagship stablecoin USDT. Read full article
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Coinbase is the most impersonated crypto brand by scammers: Report
Although Coinbase continues to be the most impersonated brand in the crypto industry, Meta was targeted by over 25 times as many scammers as the exchange. Read full article
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Web3 gaming is ‘rocket ship’ ready to blast off, say industry execs
The Decentralize with Cointelegraph podcast interviews gaming executives from five Web3 projects to learn everything there is to know about blockchain games. Read full article
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Ether restaking’s biggest risk is lack of understanding around asset looping — Haven1
Ether restaking is a “robust financial tool,” but investors need to understand the number of loops they are adding. Read full article
23h ago
Cointelegraph.com
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CoinShares secures 116% return from FTX claim sale
CoinShares will reinvest $39.78 million from the sale of its FTX claim into growth opportunities and enhanced client services. Read full article
24h ago
Cointelegraph.com
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TON ecosystem flooded with phishing attacks, SlowMist warns
The founder of SlowMist has warned that the Telegram messenger ecosystem is “too free” for exploiters of the TON ecosystem. Read full article
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Mt. Gox Trustee to start Bitcoin, Bitcoin Cash repayments in July
After 10 years of waiting, July may finally see the users of the defunct Mt. Gox exchange made whole. Read full article
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Bitcoin and Ethereum transaction fees plummet to lowest level in 7 months
In 2024, Bitcoin transaction fees have stayed relatively low, particularly since the April Bitcoin halving, which reduced the BTC mining reward by half. Read full article
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Can $60K BTC price support hold? 5 things to know in Bitcoin this week
Bitcoin sentiment is taking a serious beating after BTC price weakness sees six-week lows return. Read full article
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South Korean think tank cautions against crypto ETFs
South Korean researcher Bo-mi Lee highlights crypto volatility and risks, calling for more research and regulatory measures. Read full article
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Japan’s Metaplanet plans 1B yen bond sale to buy more Bitcoin
If it could buy the Bitcoin today, Metaplanet’s total Bitcoin holdings would be 241 Bitcoin, worth around $15 million. Read full article
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Bitcoin falls below 63K after BTC whale transactions drop 42%
Bitcoin transactions worth $100,000 or above have significantly fallen over the past two days. Meanwhile, Bitcoin has just retraced below $63,000. Read full article
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Ethereum could fall 30% after spot ETH ETFs launch — Crypto VC
Mechanism Capital’s Andrew Kang believes an Ether ETF would provide limited upside for the asset unless Ethereum “develops a compelling pathway to improve its economics.” Read full article
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Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’
The Bitcoin developer says Brollups can support more than 90% of decentralized finance use cases, from NFT sales to token orders on DEXs. Read full article
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Asset tokenization to reach $2T by 2030 despite ‘cold start’ — McKinsey
Tokenized financial assets have seen a slow start, and broad adoption is “far away,” but McKinsey analysts predicts some to take off faster than others. Read full article
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Dogwifhat falls out of top 50, tumbles 38% over past 7 days
Dogwifhat saw the steepest 7-day price decline among the top 100 cryptocurrencies by market cap but remains in fourth place among memecoins. Read full article
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Bitcoin offers ‘economic immortality,’ will reach $10M per coin— Michael Saylor
Saylor’s comments came during a wide-reaching discussion with Bitcoin podcast host Robin Seyr. Read full article
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Bitcoin price loses ground as TON, PEPE, KAS and JASMY catch traders’ attention
TON, PEPE, KAS, and JASMY could attract buying if bears fail to pin Bitcoin below $64,602. Read full article
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DARPA release highlights difficulty in developing quantum finance solutions
Quantum computing for finance is proving to be one of the harder problems for scientists in the field. Read full article
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Layer-2 rollups must decentralize their sequencers
Centralized sequencers achieve higher throughputs and performance, but they also create severe security risks — illustrated by a $2.6 million exploit on Linea. Read full article
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6 steps for putting a valuation on digital assets
What's the best way to place a value on a cryptocurrency? Take your pick, because there are dozens of options. Read full article
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Bitcoin prepping breakout with '$90K+' BTC price target — New analysis
Bitcoin faces a key weekly close as BTC price indicators keep bulls' hopes alive when it comes to new all-time highs. Read full article
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MakerDAO delegate’s $11M in tokens stolen in phishing scam
The user fell victim to the phishing scam after signing multiple phishing signatures, which led to losing their digital assets. Read full article
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EigenLayer enhances EigenDA security to combat sybil attacks
With the incorporation of this security measure, EigenLayer seeks to protect the service it offers while guaranteeing its availability to all clients. Read full article
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Mark Cuban claims his Gmail was hacked after receiving hoax call
Billionaire investor Mark Cuban claims that any email sent from his email account “after 3.30pm” Pacific Standard Time on June 22 was not from him. Read full article
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Binance assists BtcTurk attack probe, freezes $5.3M in 'stolen funds'
Binance is assisting in investigating the malicious attack on Turkish crypto exchange BtcTurk, according to Binance CEO Richard Teng. Read full article
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1,590 CoinStats crypto wallets ‘affected’ in security breach
Cryptocurrency portfolio manager CoinStats has assured users that the security breach has been “mitigated” and it will provide updates in due course. Read full article
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