Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
The State of Wisconsin Investment Board (SWIB) has entered the cryptocurrency market with a substantial investment of $99 million in BlackRock’s Bitcoin ETFs, specifically iShares Bitcoin Trust (IBIT). This significant purchase, revealed through a recent filing with the U.S. Securities and Exchange Commission (SEC), underscores the increasing pattern of institutional involvement in Bitcoin exchange-traded funds … Read more
Mike Novogratz, CEO of Galaxy Digital, predicts that Bitcoin’s price will fluctuate between $55,000 and $75,000 in the next month, potentially showing an upward trend towards the end of the current quarter. He described the current state of crypto markets as a “consolidation phase,” expecting prices to rise again with the occurrence of significant market … Read more
The Insolvency Service of the UK government has closed down a cryptocurrency advisory company due to financial mismanagement and the misplacement of investors’ funds. The firm purportedly offered investment assistance while endorsing crypto schemes that led to substantial losses for investors, amounting to millions of pounds. False Crypto Expert Firm Closed The UK government released … Read more
South Korea’s National Tax Service (NTS) revealed that it has sold off crypto assets worth over $800,000, which were previously seized from individuals involved in tax evasion. During a press briefing at its headquarters in Seoul on May 14, the NTS showcased some of the assets confiscated during raids targeting taxpayers with significant debts and … Read more
Vitalik Buterin, the co-founder of Ethereum, has introduced a new Ethereum Improvement Protocol (EIP-7706) focused on revising the gas model for transaction call data. Currently, Ethereum transactions incur two types of gas fees: one for transaction execution, covering computational efforts, and another for storage, related to storing data in “blobs.” Buterin’s EIP-7706 proposes a third … Read more
Deutsche Bank, a German multinational investment bank, is teaming up with the Monetary Authority of Singapore (MAS) on asset tokenization. Deutsche Bank has joined MAS’s Project Guardian, which focuses on tokenizing assets in wholesale funding markets and decentralized finance (DeFi) applications.As part of this collaboration, Deutsche Bank will test an open and interoperable blockchain platform … Read more
Binance’s decision to discontinue support for XRP and TUSD could potentially impact the sentiment surrounding the coin, sparking various speculations about the underlying reasons. Binance Futures, a segment of the prominent crypto exchange platform, has announced its plans to halt support for XRP and TUSD as margin assets. This move is scheduled to come into … Read more
Floki Inu (FLOKI) has surged in value, following the upward trend of other meme tokens. FLOKI, known for its dog-themed assets, is a platform focused on integrating Web3 activities and gaming. FLOKI recently reached $0.0001894, nearing its monthly peak, and experienced approximately 10% gains within a day. This marks a resurgence for FLOKI, with its … Read more
Bitcoin miners are beginning to experience pressure as they adjust to halved rewards following the halving event. While there was a temporary relief due to a surge in network fees, the subsequent decrease in transaction fees is now exacerbating their financial challenges. Miners of Bitcoin Face Increasing Pressure Following Halving Due to Falling Fees Following … Read more
On May 14, a hacker began siphoning user funds from the decentralized exchange (DEX) Equalizer. The misuse of funds came to light when the Equalizer team alerted users via a post on X, advising them to cease interactions with the exchange. As of now, the hacker has stolen approximately 2,353 Equalizer (EQUAL) tokens along with … Read more