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Home2023June

Month: June 2023

Tether’s Banking Relationships Detailed in Newly Released Legal Documents
Cryptocurrency

Tether’s Banking Relationships Detailed in Newly Released Legal Documents

June 17, 2023 CryptoExpert

On March 31, 2021, Tether claimed it had more than $35.5 billion in U.S. dollar equivalents at these institutions, according to the documents. They were shared with CoinDesk by the New York Attorney General’s office […]

Here’s what happened in crypto today
Ethereum

Here’s what happened in crypto today

June 16, 2023 CryptoExpert

Here’s what happened in crypto today. The markets continued with volatile movements that decoupled the price action of cryptocurrencies from equities markets. The recent downturn in the crypto market appears connected to the Federal Reserve’s […]

Crypto trading bot borrows $200M for a $3 gain
Ethereum

Crypto trading bot borrows $200M for a $3 gain

June 15, 2023 CryptoExpert

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

Exchanges pledged $2.5B to user protection funds amid FTX’s collapse: Report

June 15, 2023 CryptoExpert

According to a new report published by blockchain analytics firm Nansen on June 14, most reputable cryptocurrency exchanges adopted user protection funds amid the collapse of FTX. Together, exchanges such as Binance, OKX and Bitget […]

AWS went down in the US, but Ethereum kept humming
Ethereum

AWS went down in the US, but Ethereum kept humming

June 14, 2023 CryptoExpert

Amazon Web Services (AWS) suffered a minor outage, but there was no significant impact on Ethereum network nodes even though they largely rely on Amazon’s hosting. On June 13, the cloud service provider went down […]

AI-Backed Crypto Data Platform Mnemonic Raises $6M in Salesforce-Led Round
Cryptocurrency

AI-Backed Crypto Data Platform Mnemonic Raises $6M in Salesforce-Led Round

June 14, 2023 CryptoExpert

“We initially started with the idea of just enabling developers, enterprises and businesses to build with comprehensive, real-time, high-quality data that is derived from the blockchain because it’s very difficult to index and process that […]

Tether CTO clarifies $1B USDT mint on Ethereum is for chain swaps
Ethereum

Tether CTO clarifies $1B USDT mint on Ethereum is for chain swaps

June 13, 2023 CryptoExpert

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 […]

Blockchain

Board member Yat Siu answers community concerns on ApeCoin DAO salary payouts

June 13, 2023 CryptoExpert

Leaders of the decentralized autonomous organization (DAO) governing the ApeCoin (APE) ecosystem have been criticized by community members for what they described as “insane” salaries after the sums were published in an organizational chart.  On […]

SEC's Temporary Restraining Order Would 'Effectively End' Binance.US Business, Crypto Exchange Claims
Cryptocurrency

SEC’s Temporary Restraining Order Would ‘Effectively End’ Binance.US Business, Crypto Exchange Claims

June 13, 2023 CryptoExpert

“I do think that working with Congress, and I think it is only Congress that could really address it, it would be good to consider, if you would ask my thoughts, to consider whether to […]

How Bitcoin can help secure proof-of-stake blockchain protocols
Ethereum

How Bitcoin can help secure proof-of-stake blockchain protocols

June 12, 2023 CryptoExpert

The Bitcoin network’s proof-of-work consensus mechanism could become a useful means of securing a variety of proof-of-stake (PoS) smart contract blockchain protocols, thanks to efforts from a Stanford University professor. David Tse and his research team […]

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  • Drops 3.05% to $2,476 Following $2,700 Rejection
  • How to Analyze Market Moves Like a Pro
  • New GPB-backed stablecoin tGBP goes live on BCP Markets
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  • Ethereum Accumulation Spikes: How High Could ETH Price Climb?
  • The urgent need for DePIN.
  • Top 5 cryptocurrencies to watch out for in the near term
  • TON has brief downtime before being restored
  • Open Interest Returns to December Highs as Price Reaches $2,580
  • BitMEX discovers cybersecurity lapses in North Korea hacker group
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