Bitcoin and AI tokens were beaten by Ethereum, which had a 46% monthly gain, beating all other major crypto sectors. ETH fee burns throughout the space topped at $22.4 million, with Uniswap and Metamask accounting for the majority of that. DeFi activity remains strong, growing in wallets, exchanges, and infrastructure apps. Ethereum’s momentum remains bullish, … Read more
Online marketplace pioneer and Bitcoin OG Ross Ulbricht has received millions of dollars in BTC donations following his first public appearance since being released from prison. According to blockchain tracking firm Lookonchain, Ulbricht received 300 BTC, worth about $31.4 million, to his donation wallet early on Sunday. Arkham data suggests that most of the coins … Read more
IG Group, a United Kingdom-listed trading and financial services company, is launching cryptocurrency trading to retail investors, expanding its footprint in the digital assets space. IG customers can now access 31 crypto assets, including Bitcoin (BTC), Ether (ETH), XRP (XRP) and a variety of altcoins and memecoins such as Bonk (BONK), the company said in … Read more
Japanese investment firm Metaplanet has invested more of its company funds into buying 1,088 Bitcoin, bringing its total BTC holdings even closer to 9,000 BTC. According to the company notice, Metaplanet just spent around $117.7 million to purchase more BTC (BTC) for its holdings. On June 2, the Tokyo-based investment firm bought 1,088 BTC at … Read more
Crypto gaming startup Orange Cap Games (OCG) has acquired the intellectual property of the Ethereum-based non-fungible token collection Moonbirds from Yuga Labs. OCG said on May 30 that it bought the Moonbirds, Mythics and Oddities NFT collections from Yuga, but did not disclose details or pricing of the deal. It comes a little over a … Read more
Crime French authorities have formally charged 25 individuals aged between 16 and 23 in connection with a series of attempted violent robberies targeting cryptocurrency-affluent individuals, according to reports from local media outlets. The investigation centers on a foiled May 13 attack involving the family of Paymium CEO Pierre Noizat. During the incident, four armed assailants … Read more
Two New York Police Department detectives are under investigation for their alleged involvement in the captivity of an Italian cryptocurrency entrepreneur. Unapproved Security Services Two New York Police Department (NYPD) detectives who reportedly provided security at a luxury apartment where an Italian cryptocurrency entrepreneur was held captive are under investigation. Detectives Roberto Cordero and Raymond … Read more
Ethereum’s latest enhancement, EIP-7702, which incorporates an account abstraction feature, has been introduced to improve user interface by allowing wallets to emulate smart contract functionalities. While this addition alongside the Pectra update is designed to broaden capabilities, it has also sparked a surge in nefarious activities focused on exploiting these new functionalities. What Does the … Read more
Ross Ulbricht’s recent receipt of 300 Bitcoin is from “questionable sources,” but it’s unlikely to be a case where he donated it to himself, says blockchain researcher ZachXBT. Ulbricht, who founded the infamous online black market Silk Road, received 300 Bitcoin (BTC), worth $31.4 million, to his wallet that was soliciting donations, Blockchain analytics firm … Read more
Meta shareholders have overwhelmingly rejected a proposal to assess whether the tech giant should add Bitcoin to its balance sheet. A “Bitcoin treasury assessment” proposal put before shareholders received 3.92 million votes in favor — a mere 0.08% of the total — while nearly 5 billion voters decided against the measure, a May 28 regulatory … Read more