Solana-based concentrated liquidity protocol Crema Finance announced that it would temporarily suspend its services to investigate an exploit that stole over $6 million from the protocol.Read more
Australian energy and resources company Black Mountain Energy has entered into a deal with a U.S. energy company to use gas from fracking to power Bitcoin servers.Read more
The CFTC might have caught the “biggest fish” in the ocean. And there could be more out there.
The U.S. commodities watchdog announced Friday that it had lodged a civil suit against a South African CEO and his company for operating a bogus commodity pool worth more than $1.7 billion in bitcoin.
The remnants of Meta’s once-ambitious cryptocurrency project are fading away.
According to a notification on its website, a pilot program for Novi, the social networking giant’s money-transfer service using its own cryptocurrency digital wallet, will suspend operations on September 1.
They’re back. As the crypto bear market worsens, the haters are coming out of the woodwork again to sneer at an industry they’ve long insisted was nothing more than an overhyped scam.
Veteran crypto users have seen this movie before.
Celsius Network has reportedly laid off 150 staff members who constitute 25% of its workforce.
The team behind the lending platform had last month hired restructuring advisors.
Coca-Cola has announced plans to release a Pride series NFT collection to celebrate the LGBTQIA+ community.
Coca-Cola will be collaborating with artist and advocate Rich Mnisi.
The Pride Series NFT collection will be minted on the Polygon Network (MATIC).
The Wonderland community has agreed to buy $25 million of Sifu Vision tokens.
This is coming months after Sifu was forced to quit his role as Wonderland’s treasury manager over his criminal past.
The DeFi protocol passed the governance proposal to invest in Sifu Vision with 89% of the votes.
Bitcoin (BTC) meandered into the weekly close on July 3 after weekend trading produced a brief wick below $18,800.
BTC/USD 1-hour candle chart (Bitstamp).
Bitcoin (BTC) has been moving in the opposite direction of the U.S. dollar since the beginning of 2022 — and now that inverse relationship is more extreme than ever.
Bitcoin and the dollar go in opposite ways
Notably, the weekly correlation coefficient between BTC and the dollar dropped to 0.