Market
Analysis
Crypto winter too harsh for ‘tourists’
Glassnode says Bitcoin recorded its worst-performing month in the last 11 years in June as it recorded a 37.9% drop in its price.
Analysis
Short Bitcoin positions dominate inflows for digital asset investment products
Bitcoin short positions dominated inflows during the week of June 27, according to Coinshares' latest report.
Hacks
Hacker wants 10 Bitcoin in exchange for Chinese citizens’ stolen data
The hacker reportedly gained access to the Chinese Shanghai police database stealing over 26 terabytes of personal data.
Technology
Cardano’s Vasil upgrade goes live on testnet
The Vasil hard fork will significantly enhance Cardano's performance and capability in line with the consistent improvements on the network.
Hacks
Hackers promote crypto on British Army Twitter and YouTube pages
The Army has said it is going to conduct a full investigation into the hack.
Adoption
Public companies holding Bitcoin face impairment losses amid market crash
With over $1 trillion wiped off the crypto market this year, public companies holding Bitcoin could be reporting significant impairment losses for Q2.
DAOs
Wonderland community votes to buy $25M of ex-treasury manager tokens
Sifu was the second-largest voter on the proposal he submitted to buy the tokens he is developing.
Payments
Meta to end Novi crypto program by September 1
Novi users will no longer be able to make make deposits into their accounts from July 21.
Analysis
Bitcoin experiences worst month in history as over $400B is wiped off crypto market in June
Crypto stakeholders are blaming the Fed's increase in interest rates for the crash of the crypto market.
Crime
US DOJ indicts 6 individuals over crypto fraud schemes that generated over $135 million
The accused and his conspirators allegedly decided to rug pull the project and disappear with the money by laundering the crypto assets.
Lending
BnkToTheFuture proposes 3 methods to solve Celsius Network’s liquidity issues
Simon Dixon had earlier mentioned that a traditional solution might not be the solution for Celsius, advising the firm to explore other options.
Regulation
Bitcoin crashes under $20K as SEC rejects Grayscale spot ETF application
The SEC has rejected Grayscale and Bitwise applications citing the need to protect investors and public interest and prevent fraudulent and manipulative practices.