Is Your ETH At Risk? Unpicking The Panic Around Smart Wallet Delegation
Credit: Image generated with AI Assistance Ethereum’s recent network update added a mechanism that gives basic wallets some smart wallet capabilities. But the interwebs are in panic mode over claims that cyberthieves could use the feature to drain user funds. At the center of the storm is Ethereum Improvement...
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Crypto Con: Aussie Adviser Banned 10 Years Over $9.6 Million Scam
Australia’s financial watchdog has slapped a decade-long ban on a Sydney-based adviser after she sent client funds into a crypto operation flagged as risky. The Australian Securities and Investments Commission (ASIC) says Glenda Maree Rogan moved A$14.8 million ($9.6 million) into a platform already marked as unlicensed. Clients, family...
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Cardano founder Charles Hoskinson proposes converting $100M ADA to Bitcoin and stablecoins
Hoskinson’s proposal could enhance Cardano’s DeFi competitiveness, potentially increasing its market share and attracting more developers. The post Cardano founder Charles Hoskinson proposes converting $100M ADA to Bitcoin and stablecoins appeared first on Crypto Briefing....
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Shiba Inu (SHIB) Leads Whale Accumulation Wave Amidst Rising Geopolitical Tensions
Following Israel’s airstrikes on Iran, crypto markets have sharply declined. Amid the turbulence, Santiment data shows a spike in large wallet activity across altcoins like Shiba Inu, Compound, and UMA. Such movements could potentially indicate that whales may be repositioning as the broader market struggles to find stability. Whale...
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Invesco and Galaxy register Solana ETF trust in Delaware
Invesco and Galaxy Digital have registered a trust in Delaware for a proposed Solana exchange-traded fund, marking one of the introductory steps toward launching a spot Solana exchange-traded fund in the United States. The registration, listed as “Invesco Galaxy Solana…...
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Bitcoin is oversold after Israeli strike on Iran: analyst
Bitcoin took a big hit on escalating tensions in the Middle East. However, a recovery may soon follow, analysts suggest....
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Cardano Eyes $100 Million ADA Swap Into Stablecoins, Bitcoin To Fix Liquidity, Expand Treasury
Cardano co-founder Charles Hoskinson has proposed converting $100 million worth of (CRYPTO: ADA) from the protocol’s treasury into a mix of stablecoins and Bitcoin (CRYPTO: BTC). The move, if implemented, would mark a significant step toward addressing the network’s low stablecoin liquidity and laying the groundwork for a decentralized...
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XRP price nears big move as RLUSD flirts with $500m milestone
XRP price retreated for the fourth consecutive day as the crypto market crash continued. Ripple (XRP) dropped to a low of $2.0715 on Friday, June 13, down 11% from its highest point this week and 36% below its peak earlier…...
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CoinDesk 20 Performance Update: Bitcoin Price (BTC) Falls 2.2% as All Assets Decline
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3027.78, down 4.4% (-137.85) since 4 p.m. ET on Thursday. None of the 20 assets are trading higher. Leaders: BTC (-2.2%) and XRP...
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Bitcoin Miner Price Targets Raised to Reflect Improved Industry Economics: JPMorgan
JPMorgan (JPM) raised its price targets for a number of bitcoin BTC mining companies to reflect first-quarter results and changes to the bitcoin price and the network hashrate, the bank said in a report Friday. The bank lifted its CleanSpark (CLSK) price target to $14 from $12, its Riot...
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