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
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Dogecoin price has been one of the hardest hit during the recent market drawdowns, and this comes even as the Bitcoin price is sitting very close to its new all-time highs. So far, the Dogecoin price has already tumbled below the $0.2 … Read more
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A top central banker warns crypto’s accelerating fusion with traditional finance could unleash market turmoil, damage trust in banks, and jeopardize control over sovereign monetary systems. Central Banker Cautions: Misunderstood Crypto May Trigger Market Fallout Bank of Italy Governor Fabio Panetta, who served on the European Central Bank (ECB)’s Executive Board from 2020 to 2023, … Read more
Humanitarian aid organization World Vision Korea is the first nonprofit to sell crypto in South Korea after the country ushered in new rules around institutional crypto trading. World Vision Korea sold 0.55 Ether (ETH), worth roughly 1.98 million won ($1,436) on Upbit, according to a June 1 statement from Dunamu, the parent company of the … Read more
A top central banker warns crypto’s accelerating fusion with traditional finance could unleash market turmoil, damage trust in banks, and jeopardize control over sovereign monetary systems. Central Banker Cautions: Misunderstood Crypto May Trigger Market Fallout Bank of Italy Governor Fabio Panetta, who served on the European Central Bank (ECB)’s Executive Board from 2020 to 2023, … Read more
Japan’s Prime Minister Shigeru Ishiba said on Monday that Japan reaffirmed that it was not backing down in wanting tariffs to be reduced. Japan’s Economy Minister Ryosei Akazawa will leave Japan on Thursday to hold discussions with his counterparts, including US Treasury Secretary Scott Bessent, citing an unnamed government official. Market reaction At the time … Read more
Metaplanet Inc. is making waves in the crypto space with its latest bold move, adding 1,088 Bitcoin to its already substantial reserves. With this latest purchase, the Japanese firm now holds a total of 8,888 BTC, valued at around $933 million. Metaplanet Expands Bitcoin Holdings with This Latest Purchase In an X post dated June … Read more