Investors Added Money to Bitcoin ETFs Even as Prices Slipped 7% in June
Data from Bloomberg Intelligence shows the spot funds saw net inflows of $790 million even as the price of bitcoin tumbled 7%.
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Binance Executive’s Health Deteriorates in Jail as Nigeria Money-Laundering Trial Proceeds
On Tuesday the cross-examination of the first witness from Nigeria’s Securities and Exchange Commission was completed.
Crypto Exchange Kraken Is Considering Going Nuclear
Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability, the company’s CTO said in an exclusive interview with CoinDesk.
Pump.Fun Overtakes Ethereum With $2M in Daily Revenue to Take No. 1 Position
Celebrity-inspired meme coins have spurred a surge in revenue for token launchpad Pump.fun over the past 24 hours.
Ironblocks’ ‘Venn’ Network Aims to Keep Malicious Transactions From Ever Hitting Blockchains
The Israeli firm’s Venn security network uses a network of operators to seek out and freeze suspect transactions before they execute.
Bitcoin Could Get Ethereum-Style Restaking as Startup Lombard Raises $16M
Lombard is partnering with staking startup Babylon to let users earn interest for “restaking” with Bitcoin – using the asset to secure other crypto networks.
Pi Squared, Building ‘Universal ZK Circuit’, Raises $12.5M
The startup, led by a University of Illinois Urbana-Champaign computer science professor, uses zero-knowledge technology to enable “trustless remote computing” along with other blockchain use cases including AI.
CoinDesk 20 Performance Update: ADA and XRP Lead
Overnight, ADA and XRP led the CoinDesk 20 with half the assets trading higher.
Astar Network to Burn 350M ASTR, 5% of Total Supply
Multi-chain smart contract network Astar Network will burn 350 million ASTR tokens representing 5% of its total supply following a governance vote.
Bitcoin’s Retreat From $70K Characterized by ‘Vol Lethargy’
Deribit’s BTC DVOL index, a measure of volatility expectations, has slipped to lowest since early February.