Author: CryptooTimes
The wallet address, previously identified as belonging to the German Federal Criminal Police Office (BKA) by Arkham, moved 6,500 BTC to the address “bc1q0unygz3ddt8x0v33s6ztxkrnw0s0tl7zk4yxwd” and then back to itself. Transactional data shows that a tranche of $32 million worth of bitcoin was deposited on crypto exchange Kraken and a similar amount on Bitstamp. Source link
A U.S. judge rejected Meta Platform’s bid to dismiss a lawsuit by billionaire Australian mining tycoon Andrew Forrest. The lawsuit revolves around a series of deceptive Facebook ads featuring Forrest endorsing fake crypto projects and other fraudulent investments. Forrest is now seeking legal recourse, holding Meta responsible for its role in enabling the dissemination of these fraudulent ads. Meta’s attempt to dismiss the lawsuit was unsuccessful. U.S. District Judge Casey Pitts ruled that Forrest has the right to attempt to prove Meta’s negligence. The judge’s decision was based on the argument that Meta allowed the ads to violate its duty…
Meta cited a section of a 1996 federal law in an attempt to escape a crypto ad lawsuit from Australian billionaire Andrew Forrest, but a U.S. federal judge said it wasn’t enough. Source link
Nick Percoco, Kraken’s chief security officer, said in a post on social media platform X (formerly Twitter) that the firm received a “bug bounty program” alert from a security researcher on June 9 about a vulnerability that allows users to artificially inflate their balance. The bug “allowed a malicious attacker, under the right circumstances, to initiate a deposit onto our platform and receive funds in their account without fully completing the deposit,” Percoco added. Source link
Injective, an interoperable Layer-1 blockchain for decentralized finance (DeFi) applications, is eyeing diversification into the nascent Web3 gaming ecosystem. On Wednesday, Injective announced its partnership with DEGA, a top game builder platform that’s also deployed on Ethereum, Cardano and BNB Chain. Injective, a provider of a platform for dApps across decentralized exchanges (DEXs), prediction markets, and lending protocols, will leverage DEGA’s ecosystem to launch its next phase of development via Web3 gaming. With DEGA, game builders will be able to quickly design and publish games – a new era for GameFi, according to Injective. The Web3 gaming market continues to…
Circle CEO Jeremy Allaire revealed four of the biggest reasons he’s “more optimistic” about crypto and stablecoins than ever before. Source link
Interoperability between blockchain networks. Restaking. EVMs. Some major trends giving digital assets markets a lift in the new cycle, Santiago Velasco, Senior Trader, Nonco. Source link
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. These days, the internet has become our second home. It’s where we communicate, work, shop, and socialize. But lurking beneath the surface lies an unsettling truth: we are being watched. Online surveillance has grown into an unprecedented force, infringing on our privacy and encroaching into every aspect of our lives. I believe blockchain technology holds the key to reclaiming our digital freedom. Online surveillance isn’t anything new. In the early 2000s, with the advent of social media…
Low exchange balances indicate low selling pressure and could trigger a supply shock as institutional investors continue to accumulate Bitcoin. Source link
Expand to an actively managed portfolio encompassing tokens from the Top 150 by market cap and you start to see a much more dynamic picture, spanning Layer 1s and related infrastructure (like scaling solutions and interoperability), DeFi (from trading and lending to asset management), entertainment (including gaming and the metaverse), decentralized physical infrastructure networks (DePIN, including projects for distributed compute power with tie-ins to AI), real-world-assets (RWAs), and more. While some of these projects may carry greater risk on their own, diversification helps manage the risk of the overall portfolio. Source link
