StarkWare Restructures Amid Sharp Decline in Starknet Revenue
In response to a dramatic drop exceeding 99% in revenue from its leading Starknet network, StarkWare is undergoing significant restructuring and reducing staff numbers as it shifts focus toward developing…
Bitcoin Holds at $70,500 Amid Rising Oil Prices Following Failed U.S.-Iran Talks
During Asian trading hours, Bitcoin’s price fell as diplomatic efforts between Washington and Tehran collapsed over the weekend, further exacerbated by a new U.S. maritime order that heightened concerns about…
U.S. Senate Resumes with Clarity Act; Crypto Market Eyes Earnings Week
The U.S. Senate reconvenes from a recess this week, with the agenda highlighting the Clarity Act as they resume operations. Concurrently, the National Credit Union Administration is closing its comment…
Bitcoin Faces Intense Selling Above $70K Amid Profit-Taking Frenzy
Since bitcoin prices surpassed the $70,000 mark last week, the market has encountered a recurring challenge: heightened profit-taking activity. Blockchain analytics firm Glassnode reports that more than $20 million worth…
Attacker Exploits Hyperbridge Flaw, Gains $250K from Minting $1B Polkadot Tokens
Although crypto hacks are commonplace, incidents where attackers risk major losses but gain minimal financial reward are unusual. This rare event transpired on Sunday. An attacker identified and exploited a…
Alameda Research Transfers $16 Million in Solana’s SOL for Potential Creditor Payouts
Following a similar strategy to previous actions, Alameda Research, the bankrupt crypto exchange FTX’s affiliate, has unstaked approximately $16 million worth of Solana’s SOL token. This amount was moved to…
Aave Community Votes to Centralize Protocol Revenue Control
After months of deliberation over protocol revenue control, the Aave community has resolved their dispute by voting in favor of consolidating all revenue from Aave-branded products back into the DAO.…
WLFI Threatens Legal Action Against Justin Sun Amid Accusations of Deceptive DeFi Practices
The dispute between WLFI$0.07907 and Justin Sun intensified into a potential legal confrontation on Sunday, as tensions over a recent loan to an affiliated DeFi project erupted publicly. “Does anyone…
Bitcoin Faces Resistance – Technical Analysis Challenges $88,000 Bull Case
CoinDesk’s recent report suggested that, despite ongoing geopolitical tensions, analysts predict bitcoin could ascend to $88,000 and beyond due to several cryptocurrency-specific factors and bullish market flows. However, a mere…
Michael Saylor hints at more Bitcoin purchases; company needs only 2% growth to fund dividends
On Sunday, Michael Saylor, co-founder of Strategy, hinted at another impending Bitcoin purchase, accompanying his tweet with a ‘think bigger’ message and the firm’s BTC acquisition tracker, which has consistently…