bitcoin
* US Federal Reserve research shows that the rate of cryptocurrency ownership has not increased despite the recent growth in the crypto market. * The Consumer Finance Institute found that crypto ownership decreased during the 2022 bear market and did not increase significantly during the market recovery. * Interest in future crypto purchases
crypto
* The CEO of Revelo Intel, a crypto research and education platform, resigns after being forced at gunpoint to drain his crypto accounts and hand over investor funds. * Nick Drakon claims a group of crypto-savvy thieves, possibly including a spy within his syndicate, tracked his movements and identified his business wallets.
ethereum
* Asset manager WisdomTree has requested to withdraw its Ethereum Trust S-1 filing with the SEC, more than three years after initially submitting it. * VanEck is closing its futures-based Ether ETF due to factors including performance, liquidity, assets under management, and investor interest. * The Ethereum Foundation plans to release a financial
bitcoin
* The Ethereum Foundation plans to release a financial report soon, addressing community concerns about its spending. * The foundation spends around $100 million per year and currently holds about $650 million in its main Ethereum wallet. * The budget strategy is to spend 15% of remaining money each year, providing a financial
bitcoin
* U.S. spot Bitcoin ETFs saw $211.1 million in net outflows on Thursday, marking the seventh consecutive day of negative flows totaling over $1 billion. * Spot Ethereum ETFs saw relatively minor movements on Thursday, with Grayscale's ETHE showing the only net outflows of $7.4 million. * Japan&
cftc
* The US regulator, the Commodity Futures Trading Commission (CFTC), has urgently filed an emergency motion to block Kalshi, a US prediction market, from offering election betting contracts. * The CFTC argues that without the court's reasoning, it is unable to make an informed decision on whether to appeal. * Kalshi
agriculture
* Tether invests $100 million to acquire 9.8% stake in Adecoagro, its first investment in agriculture sector. * Tether used its own working capital funds for the investment. * Adecoagro is a major milk producer in Argentina and entered sugar, ethanol, and energy businesses in Brazil. * Tether's USDT is the
airdrop
* Polymarket, a decentralized prediction market, may launch its own token and potentially reward users. * Traders are attempting to inflate their trading volume to increase their chances of receiving a potential airdrop. * Polymarket raised $70 million in funding earlier this year and has seen significant growth in trading volume. * The platform
blockchain
* The Sonic blockchain achieves a transaction finality of 720 milliseconds (ms) during its testnet. * Finality is the assurance that a transaction is irreversible after being added to a block. * Sonic claims to be the world's fastest Ethereum Virtual Machine (EVM) chain. * Andre Cronje, creator of Fantom Network, confirms
arrest
* Telegram CEO Pavel Durov breaks his silence after his arrest in France, expressing surprise at the charges and criticizing the French government's actions. * Durov defends Telegram's privacy policies but acknowledges the need to improve moderation standards to combat criminal activity. * Telegram quietly removes a line from
ethereum
* The Ethereum Foundation plans to release a financial report soon, addressing community concerns about its spending. * The foundation currently holds about $650 million in its main Ethereum wallet. * The budget strategy is to spend 15% of remaining funds each year, providing a financial runway of approximately 10 years. * Community members
bitcoin
* Privacy is a fundamental issue in using Bitcoin and the protocol itself does not provide inherent privacy protection. * Various tools and protocols have been developed to enhance privacy in Bitcoin transactions, such as Coinjoins and Chaumian Ecash. * Sparrow Wallet, a free and open-source Bitcoin desktop wallet, offers privacy features like