Today at Chaintalk News

June 24, 2024

What is Bitcoin Cash? A Product of Bitcoin Hard Fork

cointelegraph

Japan’s Metaplanet plans 1B yen bond sale to buy more Bitcoin

If it could buy the Bitcoin today, Metaplanet’s total Bitcoin holdings would be 241 Bitcoin, worth around $15 million.

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Bitcoin falls below $63K after BTC whale transactions drop 42%

Bitcoin transactions worth $100,000 or above have significantly fallen over the past two days. Meanwhile, Bitcoin has retraced below $63,000.

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Ethereum could fall 30% after spot ETH ETFs launch — Crypto VC

Mechanism Capital’s Andrew Kang believes an Ether ETF would provide limited upside for the asset unless Ethereum “develops a compelling pathway to improve its economics.”

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Weekend Wrap: Tron USDT beats Visa, $6B German bank gets Bitcoiner CEO and more

The daily trading volume of USDT on Tron briefly surpassed Visa, and a Bitcoin-friendly exec has been promoted to CEO of a multi-billion-dollar German Bank.

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Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’

The Bitcoin developer says Brollups can support more than 90% of decentralized finance use cases, from NFT sales to token orders on DEXs.

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Asset tokenization to reach $2T by 2030 despite ‘cold start’ — McKinsey

Tokenized financial assets have seen a slow start, and broad adoption is “far away,” but McKinsey analysts predict some will take off faster than others.

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Dogwifhat falls out of top 50, tumbles 38% over past 7 days

Dogwifhat saw the steepest seven-day price decline among the top 100 cryptocurrencies by market cap but remains in fourth place among memecoins.

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Bitcoin offers ‘economic immortality,’ will reach $10M per coin— Michael Saylor

Saylor’s comments came during a wide-reaching discussion with Bitcoin podcast host Robin Seyr.

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Bitcoin price loses ground as TON, PEPE, KAS and JASMY catch traders’ attention

TON, PEPE, KAS, and JASMY could attract buying if bears fail to pin Bitcoin below $64,602.

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DARPA release highlights difficulty in developing quantum finance solutions

Quantum computing for finance is proving to be one of the harder problems for scientists in the field.

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Layer-2 rollups must decentralize sequencers or face the consequences

Centralized sequencers achieve higher throughputs and performance, but they also create severe security risks — illustrated by a $2.6 million exploit on Linea.

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How do you put the right valuation on digital assets?

What's the best way to place a value on a cryptocurrency? Take your pick, because there are dozens of options.

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Bitcoin prepping breakout with '$90K+' BTC price target — New analysis

Bitcoin faces a key weekly close as BTC price indicators keep bulls' hopes alive when it comes to new all-time highs.

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MakerDAO delegate’s $11M in tokens stolen in phishing scam

The user fell victim to the phishing scam after signing multiple phishing signatures, which resulted in the loss of their digital assets.

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EigenLayer enhances EigenDA security to combat Sybil attacks

With the additional security feature, EigenLayer aims to protect the service it offers while guaranteeing its availability to all clients.

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Mark Cuban claims his Gmail was hacked after receiving hoax call

Billionaire investor Mark Cuban claims that any email sent from his account “after 3.30pm” Pacific Standard Time on June 22 was not from him.

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Binance assists BtcTurk attack probe, freezes $5.3M in ‘stolen funds’

Binance is assisting in investigating the malicious attack on Turkish crypto exchange BtcTurk, according to Binance CEO Richard Teng.

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1,590 CoinStats crypto wallets ‘affected’ in security breach

Cryptocurrency portfolio manager CoinStats has assured users that the security breach has been “mitigated,” and it will provide updates in due course.

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SEC drops Ether probe but still seeks billions in penalties from Ripple: Hodler’s Digest, June 16-22

The U.S. Securities and Exchange Commission has dropped its case against Ether. However, in another crypto case, the regulator still demands billions in penalties from Ripple.

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‘Visibly shaken’ founder watches memecoin plummet 90% during live Spaces pitch

The CEO of Bubblemaps joined the Space to watch and was treated to an “absolutely savage” show.

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Softbank CEO says company’s purpose is to create ‘artificial super intelligence’

Billionaire finance mogul Masayoshi Son also said that AI will be 10,000 times smarter than humans by 2035.

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Hong Kong invites global opinions on future of Web3 and digital assets

The Hong Kong Legislative Council is actively seeking feedback on several critical aspects of Web3 policy development, including balancing technical, legal and regulatory frameworks.

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Michael Dell’s Bitcoin post sparks massive BTC purchase speculations

Dell's message on X follows his $2.1 billion cash out from his Dell Technologies Class C common stock holdings.

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Winklevoss twins refunded for exceeding Bitcoin donation limit to Trump

It is uncertain whether the Trump 47 Committee returned the amount in Bitcoin or converted it to its equivalent value in cash.

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What is Toncoin (TON), and how to buy it?

Toincoin is a cryptocurrency that uses advanced blockchain technology to ensure efficiency and anonymity while enabling quick, safe transactions.

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Blockchain advocacy group raises privacy concerns over IRS crypto tax form

The Chamber of Digital Commerce proposes adding a field to the form for brokers to indicate if a digital asset has a different tax rate to prevent errors and ensure accurate reporting.

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Rapper 50 Cent claims X account was hacked to promote celeb memecoin

Rapper 50 Cent informed his 32.8 million Instagram followers that hackers used his X account to carry out a multimillion-dollar memecoin rug pull.

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Nigeria rejects claims of poor prison conditions, health for Binance exec

Mohammed Idris, Nigeria’s minister of information and national orientation, emphasized that Gambaryan enjoys full consular support from his home government.

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Bitcoin miners are treading water, but no alarms of a ‘total firesale’

Bitcoin miners are not “full-scale bear market level capitulating,” according to a crypto analyst.

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Bitcoin dips below short-term holder realized price, sparking $60K fears

Bitcoin’s price briefly dipped below a critical level for traders, sparking fears that a further correction toward $60,000 might be on the horizon.

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