The Block Crypto News
SEC charges NanoBit and CoinW6 in alleged ‘relationship investment scams’ using social media
➖ Elf Crypto Alert ➖
SEC charges NanoBit and CoinW6 in alleged ‘relationship investment scams’ using social media
➖ Elf Crypto Alert ➖
The Block
SEC charges NanoBit and CoinW6 in alleged 'relationship investment scams' using social media
The U.S. SEC accused two alleged fake crypto platforms, NanoBit and CoinW6, of lying to investors and stealing their money.
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The Block Crypto News
In letter to Gensler, Republicans urge SEC to clarify how it treats crypto airdrops
➖ Elf Crypto Alert ➖
In letter to Gensler, Republicans urge SEC to clarify how it treats crypto airdrops
➖ Elf Crypto Alert ➖
The Block
In letter to Gensler, Republicans urge SEC to clarify how it treats crypto airdrops
Top Republican lawmakers say they want clear answers on how the U.S. SEC views airdrops in the crypto industry.
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The Block Crypto News
Circle is launching USDC on Sui, marking its 15th network integration
➖ Elf Crypto Alert ➖
Circle is launching USDC on Sui, marking its 15th network integration
➖ Elf Crypto Alert ➖
The Block
Circle is launching USDC on Sui, marking its 15th network integration
SUI, the network’s native token, is up over 10% following the news and currently exchanging hands for $1.15.
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The Block Crypto News
Jamie Dimon says JPMorgan Chase is ‘probably one of the bigger users of blockchain’
➖ Elf Crypto Alert ➖
Jamie Dimon says JPMorgan Chase is ‘probably one of the bigger users of blockchain’
➖ Elf Crypto Alert ➖
The Block
Jamie Dimon says JPMorgan Chase is 'probably one of the bigger users of blockchain'
The banking magnate Jamie Dimon who has long been skeptical of crypto said JPMorgan is an "actual user" of blockchain.
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The Block Crypto News
Coinbase Ventures leads $5 million round in Vana, a network for user-owned data
➖ Elf Crypto Alert ➖
Coinbase Ventures leads $5 million round in Vana, a network for user-owned data
➖ Elf Crypto Alert ➖
The Block
Coinbase Ventures leads $5 million round in Vana, a network for user-owned data
Vana aspires to build a network of data DAOs that will allow people to earn money from sharing their data.
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⚠️ Trust Wallet commented on the FUD.
Yesterday, FUD started spreading due to a price drop of over 20% in TWT. One of the reasons cited for the drop was the upcoming delisting of the token from Binance.
The Trust Wallet team stated that the delisting of TWT from Binance is a rumor that misled people.
Additionally, any reports of the platform being hacked are completely fabricated ❌.
Yesterday, FUD started spreading due to a price drop of over 20% in TWT. One of the reasons cited for the drop was the upcoming delisting of the token from Binance.
The Trust Wallet team stated that the delisting of TWT from Binance is a rumor that misled people.
Additionally, any reports of the platform being hacked are completely fabricated ❌.
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The Block Crypto News
Bitstamp eyes Australia for institutional business expansion amid global push
➖ Elf Crypto Alert ➖
Bitstamp eyes Australia for institutional business expansion amid global push
➖ Elf Crypto Alert ➖
The Block
Bitstamp eyes Australia for institutional business expansion amid global push
Bitstamp’s global chief commercial officer said the exchange sees much potential in expanding institutional businesses in Australia.
The Block Crypto News
US spot Bitcoin ETFs logged $187 million in net inflows yesterday as BTC hovers around $60,000
➖ Elf Crypto Alert ➖
US spot Bitcoin ETFs logged $187 million in net inflows yesterday as BTC hovers around $60,000
➖ Elf Crypto Alert ➖
The Block
US spot Bitcoin ETFs logged $187 million in net inflows yesterday as BTC hovers around $60,000
Meanwhile, the U.S. spot Ethereum exchange-traded funds saw net outflows for the second day in a row worth $15.1 million.
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The Block Crypto News
AI-focused Bitcoin miners are outperforming rivals amid ‘significant upside’ potential for the industry, Bernstein says
➖ Elf Crypto Alert ➖
AI-focused Bitcoin miners are outperforming rivals amid ‘significant upside’ potential for the industry, Bernstein says
➖ Elf Crypto Alert ➖
The Block
AI-focused Bitcoin miners are outperforming rivals amid 'significant upside' potential for the industry, Bernstein says
All public miners have “significant upside” potential from their power portfolios alongside positive bitcoin price action, Bernstein analysts said.
The Block Crypto News
Draper Associates leads $5 million seed round for web3 AI wellness firm CUDIS
➖ Elf Crypto Alert ➖
Draper Associates leads $5 million seed round for web3 AI wellness firm CUDIS
➖ Elf Crypto Alert ➖
The Block
Draper Associates leads $5 million seed round for web3 AI wellness firm CUDIS
CUDIS develops a ring monitoring health metrics, allowing users to access their data via the Solana blockchain and earn passive rewards.
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The Block Crypto News
‘It’s cool to hate Ethereum right now. I bet this ends up looking silly,’ Bitwise CIO says
➖ Elf Crypto Alert ➖
‘It’s cool to hate Ethereum right now. I bet this ends up looking silly,’ Bitwise CIO says
➖ Elf Crypto Alert ➖
The Block
'It’s cool to hate Ethereum right now. I bet this ends up looking silly,' Bitwise CIO says
As the “Microsoft of blockchains,” Ethereum offers a potential contrarian bet into year-end, according to Matt Hougan.
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🔥 TON Foundation and Curve Finance have partnered to create a new stablecoin exchange project based on the TON network.
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The Block Crypto News
New ETFs offer high-stakes 2x exposure to MicroStrategy’s stock: ‘Hot sauce arms race in effect’
➖ Elf Crypto Alert ➖
New ETFs offer high-stakes 2x exposure to MicroStrategy’s stock: ‘Hot sauce arms race in effect’
➖ Elf Crypto Alert ➖
The Block
New ETFs offer high-stakes 2x exposure to MicroStrategy's stock: 'Hot sauce arms race in effect'
The launch of spot bitcoin ETFs in the U.S. earlier this year has led to the rise of these much more high-risk crypto ETFs.
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The Block Crypto News
CME futures traders increase bitcoin short positions ahead of anticipated Fed rate decision volatility, analyst says
➖ Elf Crypto Alert ➖
CME futures traders increase bitcoin short positions ahead of anticipated Fed rate decision volatility, analyst says
➖ Elf Crypto Alert ➖
The Block
CME futures traders increase bitcoin short positions ahead of anticipated Fed rate decision volatility, analyst says
CME bitcoin futures traders remain cautious increasing short positions ahead of today's U.S. Federal Reserve interest rate announcement.
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The Block Crypto News
Modular blockchain network developer Hemi Labs raises $15 million
➖ Elf Crypto Alert ➖
Modular blockchain network developer Hemi Labs raises $15 million
➖ Elf Crypto Alert ➖
The Block
Modular blockchain network developer Hemi Labs raises $15 million
Binance Labs, Breyer Capital and Big Brain Holdings led the round, with further support from Crypto.com, Web3 Ventures, Alchemy and others.
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The Block Crypto News
Hacking group Dark Angels received $75 million in bitcoin, marking the largest known ransomware attack to date
➖ Elf Crypto Alert ➖
Hacking group Dark Angels received $75 million in bitcoin, marking the largest known ransomware attack to date
➖ Elf Crypto Alert ➖
The Block
Hacking group Dark Angels received $75 million in bitcoin, marking the largest known ransomware attack to date
Blockchain research firm Chainalysis estimated that over $450 million was lost to ransomware attacks in the first half of 2024.
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🦄 1inch launches cross-chain swaps
The solution is based on previously introduced resolvers and allows for asset exchanges between networks. How does it work?
➡️ You initiate the swap.
➡️ The new Fusion+ tool locks assets in both networks.
➡️ The swap is completed.
Fusion+ is currently in beta testing. Soon, Fusion+ will be available directly in the 1inch wallet.
The solution is based on previously introduced resolvers and allows for asset exchanges between networks. How does it work?
➡️ You initiate the swap.
➡️ The new Fusion+ tool locks assets in both networks.
➡️ The swap is completed.
Fusion+ is currently in beta testing. Soon, Fusion+ will be available directly in the 1inch wallet.
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