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The Latest Breaking News from Crypto

Terra Blockchain Exploit: Millions Drained Due To Vulnerability Uncovered In April

The Terra blockchain had to be halted briefly on Wednesday after what a blockchain security firm said was an exploit of the network, affecting four specific cryptocurrencies and wiping out millions.

International Business Times

Here are 6 crypto leaders rejecting Trump's wooing

It can no longer be dismissed as hearsay: Kamala Harris’ campaign is considering reconsidering the crypto question.

Fortune

Bitcoin In Retreat: Technical Correction, FUD, Or MtGox Market Impact?

Bitcoin prices have been on a decline in recent days, even after the crypto spiked after the Nashville conference. There are different factors that could be affecting the coin's price, but it appears MtGox's repayments remain a lingering thorn in its upward path.

International Business Times

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Pegged For Success: Stablecoins Bid For Wider Adoption; Increasingly Embraced By Users And Exchanges

This year, stablecoins have extended their influence beyond the crypto market. In recent years, the sector experienced significant growth, with the value of the global stablecoin market exceeding $100 billion.

International Business Times UK

New $IQ Memecoin Hits $5M Market Cap In 1 Day, Plunges Amid 'Shilling' Allegations

Nansen's CEO just released a new Solana memecoin, and while it was just a "test" for a new memecoin factory, it resulted in some crypto investors doubting whether the new token is real or just a product of "shilling."

International Business Times

Trump Crypto Sneakers Sell Out In Hours, Bitcoin Edition Listings Emerge On Ebay

Trump's new sneaker line is getting much love from crypto users, with one variation of his "crypto president" sneakers getting sold out just hours after it was launched.

International Business Times

Who is Polymarket CEO Shayne Coplan? The 26-year-old’s crypto betting site is taking U.S. politics by storm

Polymarket has hired polling superstar Nate Silver and is now a must-read for politicos. But who is behind it, and what are its business plans?

Fortune

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Maga hats, panties and the carnivore diet: my bizarre day at Trump’s Bitcoin 2024 speech

The ex-president and RFK Jr were among the stars of this year’s Bitcoin conference, where there was no line for the women’s bathroom

The Guardian - US

Bitcoin's Bailey Lays Out What Harris Can Do To Be Called 'Pro-Crypto'

David Bailey believes there are three key things Vice President Kamala Harris can do to be called "pro-crypto" by the crypto community, which has long been seeking recognition and support from political powers.

International Business Times

Paul Krugman Says Bitcoin Is 'Economically Useless,' Crypto Users Blast Nobel-Winning Economist

Bitcoin, the world's top digital asset by market cap, is down in recent days after it nearly reached $70,000 over the weekend, and a well-known skeptic has re-emerged, calling the digital coin "economically useless."

International Business Times

Binance Accounts For Half Of $120M 24-Hour Liquidations Amid Bitcoin Dip

Bitcoin was trading between $65,000 and $66,000 in the last day, and the red line appears to have affected crypto holders as liquidations in the past 24 hours reached nearly $120 million.

International Business Times

Did SEC Withdraw Securities Claim On Solana, Cardano, Polygon?

A new filing by the SEC in its case against Binance has led some in the crypto space to conclude that the regulator has back-pedaled in its claims that some altcoins are unregistered securities, but some experts said the development may have been misinterpreted.

International Business Times

Driving Youth's Blockchain Knowledge: Bitget Kicks Off Crypto Experience Month With Bondex

Bitget believes the new generation of blockchain leaders should be equipped with the right tools and knowledge, and as part of its Blockchain4Youth initiative, the crypto exchange announced Crypto Experience Month 2024 with Bondex.

International Business Times

Think you’re immune to crypto scams? You might be more at risk than you realise

Cryptocurrencies and other digital assets have enjoyed an astonishing rise into mainstream consciousness in recent years. Despite all the hype – perhaps partly because of it – investing in them can still expose us to serious risks.

The Conversation

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Fortune

Feds arrest Princeton grad 'Diamondhands' who raised $257 million for fake crypto social media site

Al-Naji ran a site called BitClout and, according to the SEC, siphoned millions for personal expenses, including a Beverly Hills mansion.

Fortune

Here are Polymarket’s top 4 picks for Harris VP—and where they stand on crypto

Polymarket correctly anticipated Trump's pick of JD Vance, and gave early signals of Biden's resignation.

Fortune

Blackbird, the new app from Resy cofounder, now lets diners settle the check with crypto

Restaurant loyalty app Blackbird Labs today announced a new end-to-end payment system that allows customers to pay for their meal on-chain.

International Business Times

BlackRock Executive Rejects More Crypto ETFs Beyond Bitcoin, Ethereum – For Now

BlackRock has seen much success in spot Bitcoin and Ethereum ETFs, and while VanEck has already filed for a Solana ETF, it turns out BlackRock doesn't view other cryptocurrencies as meeting the ETF criteria it's looking for.

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International Business Times

Bitcoin At $66K: US Govt-Linked Wallet Moves $2B After Trump Floats 'Hodl' Strategy

Bitcoin was close to $70,000 when it crashed within hours following news that a wallet linked to the U.S. government moved some $2 billion worth of Bitcoins – days after Donald Trump promised the government will "hodl" under his leadership.

International Business Times

Crypto Rallies Behind Artists Who Sued SEC Over NFT Regulatory Jurisdiction

The crypto industry is rallying behind NFT artists who filed a complaint against the SEC to demand clarity over the confusing status of NFTs and whether they fall under the regulatory agency's jurisdiction.

International Business Times

Elon Musk Acknowledges 'Merit In Bitcoin,' Bares 'Soft Spot' For $DOGE

Elon Musk has recognized that there is "some merit in Bitcoin," and he remains a massive fan of $DOGE, but unfortunately, it appears he isn't ready yet to promote cryptocurrencies.

International Business Times

'Make Everybody Rich:' Donald Trump, Bitcoin 2024, What's New For Cryptocurrency

Who better to lead the Orange Party than Donald Trump? I saw Donald live and in person on Saturday in Nashville for the Bitcoin Conference 2024.

Fortune

Bitcoin up 7% following Trump's promise to make U.S. the 'crypto capital', and Democrats' industry 'reset'

Token prices are soaring as Donald Trump pledges to make the U.S. a "Bitcoin superpower," and Vice President Kamala Harris's team reaches out to crypto executives.

International Business Times

Bitcoin 2024 Keynote: Who Nailed It, RFK Jr. Or Donald Trump?

Two of the biggest political names in the U.S. graced the Bitcoin 2024 conference in Nashville and delivered speeches that have now become a point of comparison among crypto users – who did it better?

International Business Times

Bitcoin 2024 Key Takeaways: $BTC-Centric Executive Orders, Strategic Reserve Bill, Firing Gensler

Bitcoin 2024 in Nashville has ended, but talks around the massive announcements during the conferences continue, especially with promises made by two presidential candidates, as well as a potential bill to make $BTC a U.S. strategic reserve asset.

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