TLDR Bitcoin payments app Strike has expanded its services to the United Kingdom. Strike now operates in over 100 countries and territories globally. UK users can buy, sell, send, withdraw, and make global payments using Bitcoin and the Lightning Network. To comply with UK regulations, users must pass an “Appropriateness Assessment” quiz about Bitcoin risks.…
TLDR Julian Assange has been released from prison after reaching a plea deal with the U.S. Department of Justice. Assange is expected to plead guilty to a single Espionage Act charge in exchange for a sentence of time already served. He left the UK on a private jet and is headed to Saipan in the…
TLDR Hut 8, a Bitcoin mining company, received a $150 million investment from Coatue Management. The investment is aimed at building AI-related infrastructure. This deal reflects a growing trend of AI firms seeking power and infrastructure from Bitcoin miners. Hut 8’s shares rose following the announcement, as did other Bitcoin mining-related data center stocks. The…
TLDR Tether is stopping the minting of USDT on Algorand and EOS blockchains. Redemptions will continue for 12 months on these chains. The decision is based on low usage and community interest. USDT on Algorand and EOS represents only about 0.1% of total USDT supply. Tether is focusing on chains with higher usage and community…
CoinStats, an all-in-one cryptocurrency portfolio tracker, said on Saturday that it was under a phishing attack that affected 1,590 cryptocurrency wallets, accounting for 1.3% of all CoinStats wallets. The company has temporarily shut down its application following a security breach. The incident followed another phishing attack that targeted MakerDAO governance delegates on Sunday. With more…
[PRESS RELEASE – Road Town, British Virgin Islands, June 25th, 2024] Promontory Technologies is excited to announce the launch of its Promontory Alpha Fund, a quantitative, systematic, multi-strategy approach to trade liquid listed digital (“crypto”) assets. The fund is designed to be market-neutral and avoid deep drawdowns, offering both a BVI vehicle for non-US investors…
In a now-deleted message posted on June 23 on X, former Brazilian soccer superstar Ronaldo de Assis Moreira, known as Ronaldinho, declared his support for crypto, stressing that it was time for this industry to reach more people. Ronaldinho stated: “Time for crypto to go mainstream, who’s with me?.” Recently, he was named ambassador of…
The cryptocurrency market went on a rollercoaster throughout the past 24 hours. The total capitalization currently stands at around $2.36 trillion, which is more or less what it was this time yesterday. Bitcoin’s price went through major volatility, as well as most of the altcoins, so let’s dive in. Bitcoin Recovers Above $60K Bitcoin bears…
In a world where cryptocurrency’s influence can’t be overstated, recent developments in Toncoin and Ethena contrast sharply with the meteoric rise of BlockDAG. While Toncoin’s potential breakout and Ethena’s resilience amidst a significant price drop capture market attention, BlockDAG steals the spotlight. Having already garnered $53.2 million in a historic presale, BlockDAG not only reflects…
Bitcoin (BTC) has continued its downtrend, reaching new local lows of under $59,000. During the mid-hours of the United States Monday trading session, BTC briefly fell below $60,000 to register a new local low of $58,500. This slump has persisted as outflows from the U.S. spot Bitcoin exchange-traded fund (ETF) market have continued into the…