July 2024 – Page 6

Bybit Bitcoin and USDT Holdings Surge According to 12th Proof of Reserves Report

Leave a Comment / Bitcoin, Bybit / Nisha

Singapore-based cryptocurrency exchange – Bybit – has released its 12th proof of reserve (PoR) report, which highlights significant changes in user asset holdings compared to the previous month. The current PoR revealed a Bitcoin reserve ratio of 107%, Ether’s at 105%, and Tether’s at 103%. Bybit’s 12th PoR The report shows that Bybit’s wallets held […]

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Bitcoin Rockets To $66,400, Triggering $131 Million In Liquidations

Leave a Comment / Bitcoin, Rockets / Nisha

Bitcoin’s price surged back above $66,000 on Friday, reclaiming its highest market value since early June. The digital asset ripped from $64,102 at 13:27 UTC on Thursday up to $66,472 at 17:00 UTC. It trades for $66,332 at writing time. This is the highest price Bitcoin has achieved since early June, shortly after the Securities

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WazirX Taps Forensic Experts, Law Enforcement to Identify Hackers Behind $230M Breach

Leave a Comment / Forensic, WazirX / Nisha

In response to the devastating $230 million security breach, WazirX revealed that it has filed a formal police complaint and is exploring additional legal avenues to hold those responsible accountable. Immediate actions include reporting the incident to the Financial Intelligence Unit (FIU) and the Indian Computer Emergency Response Team (CERT-In). WazirX’s Comprehensive Action Plan In

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Vitalik Buterin Urges Crypto Community to Look Beyond Pro-Crypto Stance in Political Support

Leave a Comment / Buterin, Vitalik / Avery Clarkson

Ethereum co-founder Vitalik Buterin has advised against basing political support solely on a candidate’s pro-crypto views. He emphasized the importance of broader values such as individual freedoms and technological advancement, warning that a narrow focus on cryptocurrency could undermine the principles that inspired the industry’s movement. Broader Perspective Buterin highlighted that the current trend of

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Bankrupt Crypto Lender BlockFi to Commence Repayments This Month

Leave a Comment / Bankrupt, Crypto / Avery Clarkson

Bankrupt crypto lender BlockFi announced a significant step in its effort to repay its clients. In an X post on Wednesday, the lender noted that the first interim distribution of funds to clients through Coinbase will begin this month. According to BlockFi, the interim distribution will commence in July and will be processed in batches

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DeFi Technologies (DEFTF) Buys Another $6 Million in Bitcoin, Doubles BTC Holdings

Leave a Comment / DEFTF, Technologies / Avery Clarkson

DeFi Technologies (DEFTF) – a rising Canadian fintech company – has acquired another large batch of Bitcoin (BTC) after making the asset a core part of its treasury strategy last month. The company announced Thursday that it had purchased another 94.34 BTC for its balance sheet, adding to the 110 BTC it first acquired in

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Charles Hoskinson Warns: Biden Victory Equals Demise for US Crypto Sector

Leave a Comment / Charles, Hoskinson / Avery Clarkson

Charles Hoskinson, the co-founder of Input Output Global (IOG) and the Cardano blockchain platform, believes that re-electing President Joe Biden is a vote for the death of the American crypto industry. While strongly refuting Ethereum co-founder Vitalik Buterin’s stance on political engagement, Hoskinson advocated for a more aggressive approach to safeguarding the industry while simultaneously

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Pawfury (PAW) Achieves $4.3 Million in Presale Funding

Leave a Comment / Achieves, Pawfury / Avery Clarkson

[PRESS RELEASE – New York, United States, July 18th, 2024] Pawfury (PAW) gains traction as a possible alternative to meme coins, offering real-world solutions, long-term growth potential, and unique features like high staking APY and deflationary tokenomics. Pawfury (PAW)’s Unique Features Emerging as an innovative player, Pawfury (PAW) introducing an innovative technology and robust community

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Trump Set to Launch Fourth NFT Collection, Citing Public Interest

Leave a Comment / Launch, TRUMP / Avery Clarkson

Former U.S. President Donald Trump plans to release a fourth NFT collection after the success of his previous three, which quickly sold out in a day. In a Tuesday’s Bloomberg Businessweek interview, Trump said people are asking for a fourth one, citing their “unbelievable spirit.” Trump Warns China Could Dominate Crypto Market In May, at

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Silicon Valley Is In Love With Trump Because of Bitcoin, Says Mark Cuban

Leave a Comment / Silicon, Valley / Avery Clarkson

Why are Silicon Valley venture capitalists suddenly supporting Donald Trump? Billionaire Mark Cuban – one of the politician’s staunchest critics – says “It’s a Bitcoin play.” The businessman’s analysis follows several Trump endorsements from wealthy crypto leaders who explicitly favor him because he promises to protect their industry. According to Cuban, a Trump Presidency would

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