Today at Chaintalk News

June 18, 2024

Store of Value for Newbies: A Complete Beginner’s Guide

cointelegraph

Ronin to scale Web3 games with new zkEVM

Sky Mavis co-founder Jeff Zirlin told Cointelegraph that the company is preparing for a future when it will have to handle 400 million to four billion transactions.

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Fox, Time use blockchain to combat fake news

Fox’s Verify protocol is set to transition to its own zero-knowledge blockchain, enabling developers to create authentically provable projects and content.

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Crypto clicker games need real token use cases to be sustainable

As Notcoin and Hamster Kombat continue to amass millions of users, experts question the long-term viability of crypto clicker games.

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Bitcoin and Ether can “greatly improve” portfolio performance: BBVA

Bitcoin price has outperformed the returns from the S&P 500 more than threefold in 2024.

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Solana gaming studio Mirror World raises $12M in funding

The firm’s Sonic protocol, launched in March, is the first gaming rollup on Solana that allows developers to create SVM chains for their GameFi projects.

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Polymarket gambler face charges after Taiwan election bet

A man in Taiwan faces charges for using the crypto betting platform Polymarket to wager on the 2024 elections.

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MetaMask privacy updates: What users should know

MetaMask’s new privacy features and updates allow users to configure their wallets according to their privacy preferences.

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Solana slumps to 45-day low — Will SOL price bounce at $130?

SOL price weakness can be explained by the Solana network’s activity and lack of appetite from derivatives traders.

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Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

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TRUMP token whale sells for $3.7M profit as memecoin starts decline

The memecoin whale made an over 1,428% return on their initial investment in the TRUMP token.

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Why is the crypto market down today?

A hawkish Fed official and alarming outflows from the U.S.-based spot Bitcoin ETFs have helped drive the crypto market sell-off.

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Bitcoin NFTs surpass Ronin in all-time sales

Bitcoin-based NFTs recorded a sales volume of $148 million in the last 30 days, according to CryptoSlam.

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What is an infinite mint attack, and how does it work?

Learn about the devastating “infinite mint attack” in cryptocurrency. Understand how hackers exploit vulnerabilities to create unlimited tokens, causing massive inflation and price crashes.

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Uphold to delist USDT and 5 stablecoins by July 1, citing MiCA

Apart from Uphold, other major crypto exchanges, including Binance, Kraken and OKX, also tweaked their stablecoin listing policies to comply with MiCA regulations.

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‘Buy the dip?’ Bitcoin price drops to new 1-month lows of $64K

Bitcoin returns to $64,000 for the first time since mid-May as a BTC price rebound gets canceled out in hours.

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41% of top ZK airdrop wallets have already sold everything — Nansen

The data covered the “top 10,000 addresses” that received zkSync’s new ZK token, though that only makes up 1.4% of the total wallets eligible for the ZK airdrop.

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‘No clear catalyst’ for bloodbath as top altcoins fall double digits

Crypto market analysts suggest the altcoin stumble may be tied to a recent spate of spot Bitcoin ETF outflows.

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Trump token dumps 31% despite doubts he’s behind the DJT token

Trump hasn’t confirmed or denied ties to the DJT token, but a blockchain analytics firm and industry leaders raised doubt that Trump’s team launched it.

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TikTok could soon be flooded with AI avatars in ads

TikTok’s new tools include AI-powered digital avatars that brands can dub over and use to sell their products in multiple languages.

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Signal boss slams EU’s latest ‘upload moderation’ surveillance ploy

The Chat Control law is aimed at combating child exploitation material, but Meredith Whittaker said it’s just the latest proposed tactic to undermine encryption.

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Crypto Super PAC spends $2M on attack ad targeting NY lawmaker

Democratic Representative Jamaal Bowman in New York’s 16th Congressional District has voted against three pro-crypto bills in the last 30 days.

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Ethiopia takes first step toward CBDC in economic reform

The country plans to have a legal framework and regulatory sandbox in place for CBDC introduction “as necessary.”

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Digital asset funds see biggest weekly outflow since March

According to data from a CoinShares report, weekly total outflows for digital asset funds hit $600 million on June 14.

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Crypto trading firm Cumberland secures New York BitLicense

The New York State Department of Financial Services lists 33 companies holding licenses, allowing them to offer crypto-related products and services.

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Terraform Labs to shut down after $4.5B SEC settlement: Law Decoded

Terraform Labs plans to sell key projects within the Terra ecosystem and give the community control of the Terra blockchain.

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Coinbase International announces support for pre-launch market

Users will be able to trade futures of soon-to-be-listed tokens and coins on the exchange.

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Tether launches gold-backed, US dollar stablecoin Alloy

The new synthetic dollar is the first step in the rollout of a real-world asset tokenization platform, said Tether.

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FTX victims go after company’s assets from criminal forfeiture

Though Sam Bankman-Fried is currently serving a prison sentence, affected FTX customers and creditors are making claims on the firm’s assets, which are still worth millions.

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Former SEC official David Hirsch says he is not joining Pump​.fun

Rumors have been circulating that the recently retired SEC veteran is taking on a private role in the digital asset sector.

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Price analysis 6/17: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

Bitcoin is facing intense selling pressure, but charts suggest strong support at $64,500 and again at $60,000.

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