Crypto
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Kraken says its being extorted following bug bounty report
The bug resulted in at least $3 million worth of stolen funds, but no user funds were endangered, according to Kraken. Source link
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Stablecoin transfer volume increased by 16x during past 4 years
Increased stablecoin usage could be a sign of growing crypto adoption for a maturing industry. Source link
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Bitcoin block size hits yearly low: Impact of BTC halving?
Despite Bitcoin’s block size hitting a yearly low, the Runes minting market continues to show strong activity and profitability. Source link
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Montenegrin PM among early investors in Do Kwon’s Terraform Labs: Report
Prime Minister Spajic was among the early investors who invested in Terraform Labs just days before it was registered in Singapore on April 23, 2018. Source link
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Nomura crypto arm Laser Digital bags Abu Dhabi license
The firm chose to expand into Abu Dhabi due to the innovation-friendly crypto regulations. Source link
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Bitwise’s amended Ethereum ETF filing says Pantera interested in $100M buy
Asset management firm Bitwise has disclosed Pantera is interested in buying its upcoming spot Ether ETF, but it could spend more, less — or nothing at all. Source link
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Bitcoin price uptrend 'intact' with hodlers 120% in profit — Research
Bitcoin hodlers face “boredom and apathy” but are not engaging in mass distribution — even as the BTC price dip erodes unrealized profits. Source link
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Institutional DeFi players will bring commercial real estate onchain: KPMG exec
DeFi activity from institutions would be more “permissioned” as market participants will want to know who they’re dealing with, KPMG’s Kunal Bhasin said. Source link
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Ethereum back above $3.5K as Consensys says SEC to drop ETH probe
ETH jumped slightly and again broke $3,500 in the minutes after Consensys reported the SEC had dropped its investigation into Ethereum. Source link
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Bitcoin ‘Banana Zone’ is next if these 3 indicators play out
Bitcoin “Banana Zone” is on the horizon, but it will need to reverse these key metrics first to maintain a “sustainable recovery.” Source link
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