BTC price action is busy making impressive achievements despite staying rangebound below all-time highs — but Bitcoin volatility catalysts are right around the corner.
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Singapore alerts businesses to Bitcoin ransomware risk
Singapore police advised businesses against paying ransom to the bad actors in case of a compromise and asked them to report the incident to authorities immediately.
South Korea labels mass-produced NFTs as virtual assets
NFTs considered as virtual assets are eligible to receive interest when deposited to exchanges according to the FSC’s guidelines published in 2023.
Bitcoin ETFs sucked up 2 months of BTC mining supply last week
In the first full trading week of June, U.S. Bitcoin ETFs acquired almost as much Bitcoin as they did in the entire month of May.
Base TVL surges to $8B just days after overtaking OP Mainnet
Base has topped Ethereum layer 2 leaderboards by transaction count and has been the most profitable Ethereum scaler for three consecutive months.
Orbit Chain hacker moves $48M to Tornado Cash after months of ‘silence’
The cross-chain bridge was exploited for $82 million over New Year’s Eve, with the funds sitting dormant since Jan. 1.
DePIN protocol io.net CEO departs 2 days before token launch
Ahmad Shadid, one of the founders of io.net, left “effective immediately” but said it wasn’t related to allegations regarding his past.
Boomers hold the key to wealth, even in cryptocurrency
Baby boomers hold $68 trillion in assets in the United States alone. Will that cash continue trickling into cryptocurrency markets for the foreseeable future?
Binance CEO: Crypto industry has shifted from ‘early adopters’ to ‘early majority’
CEO Richard Teng’s commentary came in response to Binance reaching the 200 million user threshold.
China’s largest payments app debuts AI feature that checks if you’re balding
Eat your heart out Elon Musk and X.com, China’s Alipay is the real ‘everything app.’
BNB, TON, FIL, and INJ can go much higher if Bitcoin price flips $69K
Bitcoin is trying to flip the $69,000 level into support, and if it does, BNB, TON, FIL and INJ may move higher.
Intel and AfDB to train millions of Africans in AI
The initiative aims to equip many Africans with skills in advanced technologies like artificial intelligence, robotics and data science.
Ethereum leaders are stuck in a ‘massive contradiction’ — Wintermute CEO
“You are either building capitalism or planned socialism,” said Wintermute CEO Evgeny Gaevoy, pointing the finger at Vitalik Buterin, Hayden Adams and the wider Ethereum community.
Arbitrum to distribute $215M in ARB tokens for gaming innovation
Initially introduced in March, the proposal was approved on June 7, with over 75% of votes in favor.
Bitcoin volatility hovering within 6% of record low levels
Before the June 7 price decline, Bitcoin's volatility over the previous 15-day period sat within "the bottom 6% of occurrences."
Friend.tech's plan to develop own blockchain leaves users confused
Decentralized social media platform Friend.tech has announced it will be teaming up with Conduit to develop its own blockchain, Friendchain.
Binance reaches 200M users with $100B in assets under custody
The 200 million user mark represents over a third of all cryptocurrency holders worldwide.
Roaring Kitty’s GME shares hit $1B, BTC open interest soars, and other news: Hodler’s Digest, June 2-8
GameStop trader Roaring Kitty sees his GME stake rise to $1 billion, Bitcoin open interest spikes and new U.S. laws target digital assets.
What are validiums, and how do they work?
Validiums use zero-knowledge proofs to ensure the validity of transactions without revealing private data.
Apple supercharging Siri and iOS with ‘Apple Intelligence’ and OpenAI
Social media and tech news pundits haven’t responded positively to the nomenclature.