Everything web3, crypto, defi, degen
In brief Bitcoin ETFs saw $196.18 million in outflows Tuesday, marking four straight days of selling after recent all-time highs. Trump’s tariff threats on India and other sectors sparked risk-off sentiment, driving institutional investors to safer assets. Ethereum ETFs gained $73.3 million Tuesday, snapping a two-day losing streak while Bitcoin holds steady at $114,000. Bitcoin…
In brief Ledger’s CIP-8 support limits ADA users from signing Glacier Drop’s 251-byte payload. A temporary workaround using metadata in null transactions is being deployed for ADA users. Midnight Foundation assured participants that affected users won’t lose access or placement in the airdrop. A software limitation in Ledger hardware wallets is preventing some Cardano users…
In brief Leland King Fawcette says he fumbled a $36 million trade on the surging Troll meme coin. He originally bought $1,300 worth of the Solana token in August 2024 but sold it just hours later when it didn’t pump. At the time of his sale, Troll’s market cap was $9,360. Now, it is at…
In brief Ponke, a Solana meme coin with a large social media following, is set to sell a plush toy of its monkey mascot on Wednesday for $69. It comes as the result of its partnership with 223, a spinout venture of licensed accessories giant JCorp. The project is set to roll out two more…
In brief Ethereum jumps 7.75% from Sunday’s low, highlighting its resilience amid macro headwinds. A spike in spot ETF inflows and fresh wallets buying the top second crypto highlights sophisticated investor demand. Experts attribute mindset and opportunities as key reasons why retail investors are sidelined. Ethereum’s strong performance in the second quarter is a testament…
In brief FinCEN has issued an urgent alert flagging fraud schemes involving crypto ATMs. Elderly victims lose big through tech support and imposter scams, often guided to ATMs by phone. Many kiosk operators lack registration and AML controls, enabling anonymity, high fees, and structured transactions. The Treasury Department’s Financial Crimes Enforcement Network issued an urgent…
In brief A Welshman has quit his pursuit of recovering 8,000 Bitcoin from a hard drive that was accidently thrown into a landfill in Newport, Wales in 2013. James Howells attempted “everything humanly possible” to recover his buried BTC from legal battles to multi-million dollar bids but nothing worked. Now, he’s pivoting his plan to…
In brief Osborne compares the crypto moment to the 1980s Big Bang reforms and warns that the UK risks becoming irrelevant. FCA data shows that 12% of UK adults now hold crypto, as Singapore, Hong Kong, and Abu Dhabi pull ahead. Trade group CryptoUK and London startup Alvara spoke with Decrypt, calling for the legal…
In brief Municipal workers in Lugano recovered the vandalized Satoshi Nakamoto statue from Lake Lugano on Monday after it was stolen and thrown into the water over the weekend. Artist collective Satoshigallery offered 0.1 Bitcoin (over $11,000) for the statue’s recovery, vowing to continue their global mission despite the vandalism. The Lugano installation is part…
In brief Academic research points to a number of factors influencing Bitcoin’s value. They encompass programmed scarcity, network effects, and cost of production. Studies have also found that sentiment and belief play an outsized role in determining the value of Bitcoin. Professor Andrew Urquhart is Professor of Finance and Financial Technology and Head of the…
