Kanav Kariya announced his resignation amid reports of a pending investigation into Jump Crypto’s activities and several incidents dating back to 2022. Source link
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Ark Invest CEO Cathie Wood said she intends to vote for former US president Donald Trump in the forthcoming November elections. Wood revealed her intentions during an interview with financial analyst Kevin Paffrath during the weekend. She said: “I am going to vote for the person who’s going to do…
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Bitcoin derivatives data suggests that macroeconomic and crypto-specific factors are behind BTC’s recent drop below $60,000. Source link
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The Polkadot community wants to establish the blockchain network as a leader in stablecoin payments with a new proposal to boost adoption. The proposal, which received unanimous community support, seeks to reduce the minimum balance for Tether’s USDT and Circle’s USD Coin (USDC) on the Polkadot Asset Hub to $0.01…
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The U.S. state of Louisiana has updated its legislation to ban the use of central bank digital currencies and to establish rules for digital asset miners and node operators. Source link
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Riot Platforms has decided to abandon its bid to acquire rival Bitfarms. Instead, it seeks to overhaul Bitfarms‘ Board of Directors before considering further takeover attempts. On June 24, Riot formally requested a special meeting of Bitfarms shareholders to restructure the board by removing Bitfarm Chairman and Interim CEO Nicolas…
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The new participants in the European Central Bank’s DLT tests include major financial institutions. Source link
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Quick Take Bitcoin experienced a continuous drop from roughly $70,000 to $60,000 within a 17-day span in June 2024. Throughout 2024, CryptoSlate has closely monitored the activities of Bitfinex whales, whose movements often serve as valuable indicators for market pricing. Since June 15, over 2,500 BTC has been added on…
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MetalCore’s CB3 launches on June 27. It integrates NFTs and SHARDS, a new offchain currency, and aims to appeal to both Web2 and Web3 gamers. Source link
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The crypto market is undergoing a significant correction as investors withdrew $584 million from crypto-related investment products last week, according to CoinShares’ latest report. Additionally, global trading volumes for crypto ETPs hit their lowest levels since the US Securities and Exchange Commission approved the launch of several spot Bitcoin exchange-traded…