How Bitcoin Exchanges Hold the Same BTC Supply Share as in 2017
The latest figures from on-chain analytics firm Glassnode show that Bitcoin (BTC) held on exchanges is now back to its 2017 all-time high price. This indicates that less than 12%…
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Crypto
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Unlocking $30 Trillion of Wealth with Bitcoin ETF and The Graph Crypto
The Impact of a Bitcoin ETF on the Crypto Market Eric Balchunas, an ETF analyst at Bloomberg, recently speculated that the approval of a Bitcoin spot ETF by the U.S….
Crypto Price Plunges as Foundation Treasury Drops to $900M
Near Protocol’s Treasury in Q2 2023 At the end of Q2 2023, Near Protocol’s treasury had declined to $900 million, largely due to a decrease in the price of NEAR…
ConsenSys Launches Linea zkEVM to Scale Ethereum Further
Ethereum Layer-2 Scaling Solution: Linea Network The Ethereum ecosystem is now home to another layer-2 scaling solution as ConsenSys begins onboarding partners to its Linea network, which has produced impressive…
US Senators to Get Classified AI Briefing at White House
AI in the United States: A Senate Briefing As lawmakers continue to consider regulations for artificial intelligence (AI), the United States Senate will be briefed by the White House on…
Fetch AI Joins Microsoft for Hybrid Blockchain Solutions
Advancements in AI and Cross-Chain Protocols On July 11, tech giant Microsoft and cross-chain protocol Axelar announced a partnership to bridge public and private blockchains. The collaboration will see Axelar…
How is Polygon (MATIC) Doing in the Crypto Market Today?
The MATIC price is up today, reflecting the general trend in the crypto market, which is currently valued at around $1.14 trillion. On July 11, the MATIC price rose 2.32%…
Exploitation of Arbitrum-based Rodeo Finance Leads to Stolen $1.5M in Crypto
Exploiting Rodeo Finance On July 11, the decentralized finance (DeFi) protocol Rodeo Finance was exploited for $1.53 million using a code vulnerability in its Oracle. This led to a loss…
Circle CEO: How China Could Benefit from Stablecoin Yuan over CBDC
Stablecoins and China’s Digital Yuan China has taken a hard stance against decentralized cryptocurrencies, but Circle CEO Jeremy Allaire believes that stablecoins could help spur adoption of the country’s digital…
Is Bitcoin in Trouble as Mt. Gox Repayment Date Looms?
The crypto community is abuzz with the upcoming Bitcoin (BTC) halving in 2024, but there is another major market event that could take place this year. The trustee of the…