Cryptocurrency News

The leading cryptocurrency's quotes remain 15% below the true market mean price, which stands at $77,200. According to Glassnode analysts, on-chain metrics point to the continuation of a bearish trend.

Miami crypto promoter Rodney Burton, known as "Bitcoin Rodney," pleaded guilty in federal court to participating in the $1.8 billion HyperFund fraud scheme. The platform operated from 2020 to 2022 and defrauded investors around the world. As the US Attorney's Office for the District of Maryland reported, the

The Chief Investment Officer (CIO) of Bitwise, Matt Hougan, believes the next growth cycle of the cryptocurrency market will differ from previous ones. In his view, the recovery will be slower and less volatile due to a shift in investor priorities. He said this in a comment to CoinDesk. According to Hougan,

HIVE Digital Technologies has signed a three-year, $220 million contract to deploy GPU infrastructure for sovereign AI in Canada. The company's BUZZ High Performance Computing division will install 2,304 Nvidia Grace Blackwell accelerators at a site in Merritt, British Columbia. The capacity will be used for Cohere's

A trader under the handle endlessFate locked in around $2.71 million in profit on the Polymarket platform. The investor placed a large bet on Colombia's national team beating Uzbekistan at the football World Cup. The trade caught the attention of Lookonchain analysts. Here is how it happened. A $7.46 million bet The

The Mexican billionaire Ricardo Salinas Pliego, founder and chairman of Grupo Salinas, is a bitcoin maximalist; the asset's share in his portfolio is about 80%. He stated this in an interview with CoinDesk. As the outlet noted, Pliego's fortune is estimated at $5 billion. He is among the ten richest people in Mexico.

The Malta Financial Services Authority (MFSA) has launched a consultation on the regulation of DeFi projects. The regulator proposed assessing decentralization not as a binary feature but as a spectrum: protocols with centralized elements such as administrative keys, concentration of governance, upgrade rights, and

G7 leaders, heads of major AI companies and representatives of the tech industry discussed the risks of overreliance on American artificial intelligence models during a summit in Evian-les-Bains, France. FT reports this. During the G7 summit, French President Emmanuel Macron and Indian Prime Minister Narendra Modi

The US Federal Reserve (Fed) kept its benchmark interest rate in the range of 3.5% to 3.75%. This triggered a sell-off of cryptocurrencies: immediately after the US central bank's announcement, Bitcoin fell by almost 1.2%. Major altcoins dropped 2-3%. Over the past day, Bitcoin lost 2.3% of its value, falling to

On June 18, a hacker breached an unused smart contract on the Aztec L2 network. According to a preliminary estimate, the amount of damage is about $2.15 million. We are investigating a potential exploit affecting a deprecated Aztec payments product from 2021. ~$2m was transferred from the immutable smart contract in