BounceBit to sunset blockchain, migrate to BNB Chain after $3 million exploit
The attacker transferred approximately 286.5 million BB from nine wallets before block production was eventually halted.
The Block
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The latest $1.61 billion crypto ETF surge risks grinding to a halt against a 30-year US Treasury yield spike
Four consecutive sessions of U.S. spot Bitcoin ETF inflows have revived a regulated demand channel just as the U.S. Treasury offer...
CryptoSlate
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XRP leads broad altcoin rally as bitcoin’s biggest weekly gain in two years lifts crypto
Amid this week's crypto rally, HYPE is up nearly 40%, while other altcoins such as XRP, ZEC and LINK have risen over 30%.
The Block
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Coinbase CEO Armstrong confident in Clarity Act passage ahead of Senate vote
Increased market optimism reflects the potential for regulatory clarity in the cryptocurrency sector, influencing future legislati...
Crypto Briefing
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EIP-8130 aims to unify account standards for Ethereum’s EVM
EIP-8130 could streamline Ethereum's ecosystem, enhancing interoperability and efficiency across EVM-compatible chains, fostering...
Crypto Briefing
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YZi Labs-backed BounceBit Chain shuts down after $3M exploit
The YZi-backed bitcoin restaking firm BounceBit announced today that it is shutting down its blockchain after hackers exploited an...
Protos
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Dalio advises selling bonds, buying gold and Bitcoin amid US debt crisis concerns
Dalio's advice may drive increased gold and Bitcoin demand, reflecting broader concerns over economic stability and potential poli...
Crypto Briefing
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Pakistan’s Crypto Pitch: “Come Build Here” as Virtual Assets Act Moves Forward
Bitcoin Magazine Pakistan’s Crypto Pitch: “Come Build Here” as Virtual Assets Act Moves Forward Pakistan has announced a new regul...
Bitcoin Magazine
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Figure Technologies hits $4.3B in quarterly loan volume as blockchain infrastructure pays off
Figure Technologies' success highlights blockchain's potential to streamline financial systems, reduce costs, and enhance transpar...
Crypto Briefing
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CFTC Prepares to Fill the Void as CLARITY Act Stalls in the Senate
The CLARITY Act is short of six Democratic votes for the 60-vote threshold. CFTC Chair Michael Selig says the agency will write cr...
CryptoGazette
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BTCS Repays $8.2M Aave Debt As Ethereum Balance Sheet Strategy Shifts
BTCS Inc. reduced its DeFi leverage in the second quarter, repaying $8.2 million in debt to the Aave protocol as the company shift...
NewsBTC
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Treasury Buyback Sparks Bitcoin Surge as Debasement Trade Returns
The recent announcement of the U.S. Treasury debt buybacks expansion has sparked debasement trade talks, a strategy in which inves...
Bitcoin News
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Digital Asset and Paul Ryan’s foundation pilot blockchain for state benefits in 2027
The blockchain-based welfare system could revolutionize state benefits by enhancing efficiency, transparency, and fraud prevention...
Crypto Briefing
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UAE detentions revive question about Binance bank accounts
The recent police detention of Binance employees in the United Arab Emirates (UAE) bears a resemblance to a 2023 incident when US...
Protos
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Bitcoin ETFs Just Had Their Biggest Day Since May—BlackRock Took 83% of It
U.S. spot Bitcoin ETFs pulled in $606 million Thursday, the biggest haul since May. And altcoin funds finally showed up too.
Decrypt
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CZ Says “Tokenize Everything” With BNB Chain RWA Holders Surging 370% to 776K
Key Takeaways: Binance founder, Changpeng Zhao, called upon nations and enterprises to tokenize assets for more global capital inf...
CryptoNinjas
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Holders face permanent token destruction with no guarantee of value as deadline looms for Shade’s privacy protocol
Shade Protocol says only SHD burned before 18:00 UTC on Aug. 21 will qualify for a future Feather allocation, leaving holders hour...
CryptoSlate
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CoinShares projects Bitcoin to remain range-bound below $80,000
Bitcoin's growth hinges on macroeconomic shifts, with institutional investors cautious, awaiting clear signals from the Federal Re...
Crypto Briefing
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