Radiant Capital hack funds shift as $13m in ETH swapped for DAI
North Korea-linked hackers are moving stolen funds from Radiant Capital for the first time in months....
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Tom Lee’s BitMine expands equity offering to $24.5B for more Ethereum acquisitions
BitMine’s expanded equity offering could significantly influence Ethereum’s market dynamics and corporate treasury strategies globally. The post Tom Lee’s BitMine expands equity offering to $24.5B for more Ethereum acquisitions appeared first on Crypto Briefing....
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Bitcoin Price Reacts as US CPI for July Comes in Below Expectations
The highly anticipated US Consumer Price Index numbers for July are out, and they show that inflation in the largest economy is lower than previously expected. The regular CPI came in at 2.7% year-over-year, compared to the 2.8% estimate provided by the experts. The Core CPI, which excludes volatile...
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Qubic Claims Majority Control of Monero Hashrate, Raising 51% Attack Fears
Qubic, a project led by former IOTA co-founder Sergey Ivancheglo, says it has secured more than 51% of Monero’s global hashrate, a milestone that, if true, gives it the ability to reorganize blocks, censor transactions, and attempt double-spends on the privacy-focused blockchain. Ivancheglo framed the move as a stress...
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Wall Street Firms Complete First 24/7 U.S. Treasury Financing Via Tokenization on Canton Network
Digital Asset and a group of major financial firms have executed the first real-time, fully on-chain financing of U.S. Treasuries against USDC on the Canton Network. The repo trade, carried out on Tradeweb, settled atomically on a Saturday, sidestepping the weekday-only limitations of traditional settlement systems, according to a...
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Circle Unveils Layer-1 Blockchain Arc, Reports $428 Million Q2 Loss
Circle (CRCL) reported a second-quarter net loss even as circulation of the second-largest stablecoin, USDC, almost doubled from the year-earlier period and on-chain transaction volume more than quintupled to $5.9 trillion. The company also said it is developing a layer-1 blockchain “designed to provide an enterprise-grade foundation for stablecoin...
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Tether, Tron-Backed T3 Financial Crime Unit Has Frozen $250M of Criminal Assets in a Year
The T3 Financial Crime Unit, a joint initiative by Tron, Tether, and blockchain analytics firm TRM Labs, has now frozen over $250 million worth of criminal assets less than a year after its launch. “Freezing over $250 million in illicit assets in less than a year is a powerful...
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Monero price dips as Qubic likely succeeds in 51% attack
Monero suffered 60 discarded blocks in 24 hours as Qubic openly conducts selfish mining and claims a successful 51% attack, escalating an ongoing hack war....
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Circle’s USDC Growth, Expanding Partnerships Propel Stock Higher
Circle Internet Group (NYSE:CRCL) stock gained after it reported second-quarter results on Tuesday. The company reported a quarterly revenue growth of 53% year-over-year (Y/Y) to $658.08 million, topping the analyst consensus estimate of $540.02 million. The quarterly adjusted EPS loss of 43 cents beat the analyst consensus estimate of...
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Crypto Options Trading: One Strategy Changed Everything
For example, if you have one friend who always knows when to book flight tickets. Waiting just long enough for prices to dip, then locking in the best deal before they shoot up again. That knack for spotting the right moment is what crypto options trading is all about....
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