At the EthCC, Vitalik Buterin mentions a number of tests that can be used to prove whether a company in the crypto space is truly secure and durable enough to withstand various attacks. During his speech at the Ethereum Community Conference or EthCC, Ethereum (ETH) co-founder Vitalik Buterin highlights several ways users and builders alike…
The native token of the layer-1 blockchain Sui has traded sideways over the past few weeks, raising questions about whether it will rebound or extend its losses into July. Trading around $2.71 at press time, SUI (SUI)has struggled to regain bullish momentum since slumping from its highs earlier this year. Despite recording a modest 1.4%…
At the EthCC, Vitalik Buterin says that crypto has reached a significant turning point, signified by mainstream adoption from big players and political figures. As a result, the focus for building in the space must also change. During his annual talk at the Ethereum Community Conference or the EthCC on July 2, Ethereum (ETH) co-founder…
Schuman Financial founder Martin Bruncko says that the rise of euro stablecoins is “inevitable”, as Europe pushes to digitize its financial systems while strongly resisting dollarization. Speaking at EthCC in Cannes on July 1, Schuman Financial founder Martin Bruncko projected that euro stablecoins will surpass €100 billion in market cap, and potentially reach €1 trillion, despite currently…
Mining company Green Minerals has entered a structured financing agreement with LDA Capital worth 250 million Norwegian kroner. The funds will be used to boost its Bitcoin treasury. Through a press release, the deep sea mining firm has been granted a put option from LDA, which would allow the firm to issue new shares on…
Injective is launching its native EVM testnet, allowing developers to run Ethereum-compatible apps directly on its blockchain. On July 2, Injective (INJ) announced that its native Ethereum Virtual Machine testnet will go live tomorrow, allowing developers to run Ethereum-compatible decentralized applications directly on its Layer 1 blockchain. The launch follows the company’s January announcement about…
Chainlink price has crashed in the past few months, mirroring the performance of most altcoins. Chainlink (LINK), the largest oracle in the cryptocurrency industry, trades at $13.12, down 26% from its highest point in May and 57% lower than its November high. LINK has crashed despite having some notable news in the past few weeks….
Wormhole appears poised for a bearish reversal, with technical indicators continuing to signal weakness ahead of a Coinbase listing. In a Tuesday announcement, Coinbase confirmed it would list Wormhole (W) on July 2 as an SPL token on the Solana network. Listings on major exchanges such as Coinbase often generate short-term bullish sentiment; however, in…
Bitcoin recently climbed back above $107,000, after a brief pullback triggered by geopolitical tensions. The rebound has put majority of investors in the green, but recent data suggests little appetite for selling According to a July 1 Glassnode report, Bitcoin (BTC) investors are sitting on $1.2 trillion in unrealized profits. This figure comes from the…
Bitcoin recently broke through the $107,000 mark, surging for the first time after days of mostly stagnant price movements. The surge can be attributed to the aggressive institutional accumulation of BTC or to the victory lap often associated with July. According to data from crypto.news, BTC (BTC) is standing just above the $107,000 threshold. On…
