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Altcoins News
Crypto trading bot borrows $200M for a $3 gain
A crypto trading bot programmed to perform arbitrage trades made various complex moves within the Ethereum blockchain — including taking a $200 million flash loan — to secure a mere $3.24 profit. On June 14, blockchain analysis firm…
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Crypto Sector Reacts to Hinman Papers in SEC vs. Ripple
The crypto world followed with fervent interest the latest developments in a high-profile legal battle with the Securities and Exchange Commission (SEC). On Tuesday, the release of documents related to the “Hinman Speech” added a fresh…
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Ordinals and enterprise adoption drove network revenues for Bitcoin and Ethereum in May: Report
Bitcoin revenue jumped 249% YoY in May, while Ethereum network fees rose 53.7% in May, according to a research report by…
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Peter McCormack’s Real Bedford Football Club puts Bitcoin on the map – Cointelegraph Magazine
Buying a small-town soccer club with the aim to propel it into the Premier League — the world’s most popular football league — is a script suitable for a Netflix series.
In fact, actor Ryan Reynold’s bid to…
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Hinman docs are ‘well worth the wait’
With just one day until the Hinman documents are due to be unsealed, Ripple CEO Brad Garlinghouse suggests the documents will be “well worth the wait."In a June 12 Twitter reply to a question raised by crypto YouTuber Jungle Inc,…
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Tether CTO clarifies $1B USDT mint on Ethereum is for chain swaps
Tether minted a fresh batch of $1 billion worth of its Tether (USDT) stablecoin on the Ethereum blockchain on June 12. The latest billion-dollar mint for the stablecoin issuer comes within two months of its last mint on April 21.Tether’s…
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Is AI a nuke-level threat? Why AI fields all advance at once, dumb pic puns – Cointelegraph Magazine
Just as we don’t allow just anyone to build a plane and fly passengers around, or design and release medicines, why should we allow AI models to be released into the wild without proper testing and licensing?
That’s…
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Charles Hoskinson of Cardano Seeks Reconciliation with XRP
In a surprising turn of events, Cardano founder Charles Hoskinson has expressed readiness to make peace with the XRP community after they fell out last year. Hoskinson and Ripple’s CTO David Schwartz buried the hatchet following his…
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Circle USDC Deployed On Arbitrum Network
Circle, the leading stablecoin issuer, has announced its plan to deploy its native token USD Coin (USDC) on the Arbitrum network.The Arbitrum Foundation also confirmed this deployment in a recent statement. This strategic decision aims…
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Bitcoin price avoids 3-month lows as crypto dive liquidates $390M
Bitcoin (BTC) challenged three-month lows into June 10 as altcoins felt the heat from United States regulatory pressure.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewAltcoin bloodbath as exchanges reshape landscapeData from…
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