bitcoin
* Bitcoin transactions hit $25 billion on May 28, highest in a year. * 367,000 BTC moved on May 28, largest since June 13, 2022. * Bitcoin price at $69,374.17 on May 28, total transaction value $25.5 billion. * 596,790 transactions on May 28, normal compared to surrounding days.
cryptocurrency
* Investigation suggests Cryptoqueen Dr. Ruja Ignatova may have been murdered by Bulgarian drug kingpin. * Ignatova founded OneCoin, a fraudulent cryptocurrency, and disappeared in 2017. * Documents indicate Ignatova's murder in 2018 by drug kingpin Taki. * Taki allegedly used OneCoin network to launder money and had ties to Ignatova. * Former
blockchain
* Franklin Templeton head sees SEC engagement as necessary for trust and collaboration. * SEC's behavior is changing, with Franklin Templeton noting a positive shift in tone. * Franklin Templeton launched a tokenized money fund after a five-year journey with the SEC. * Bayston compares tokenized money funds to stablecoins, bullish on
bitdeer
* Tether invests up to $150M in Bitdeer for data center expansion and ASIC development. * $100M raised in private placement, with potential for additional $50M from warrant. * aims to enhance mining efficiency and sustainability with new capital. * Tether's investment reflects confidence in Bitdeer's vision and operations. * Bitdeer&
cryptocurrency
* Uniswap Foundation delayed UNI staking vote due to stakeholder concerns. * Postponement led to a 5.15% drop in UNI price to $10.14. * Foundation cited need for additional diligence on proposed upgrade. * UNI token traded at $10.20 after an 8.7% drop. * Proposal aims to compensate Uniswap stakers and
banking
* Approval of bitcoin ETFs boosts retail interest and attracts new institutions. * Tokenization trend grows, digitizing asset issuance for efficiency and liquidity. * Crypto can transform financial system for more efficiency. * Goldman Sachs deepens involvement in crypto, exploring ETFs and tokenization. * McDermott sees potential for tokenization to broaden investor base and increase
bank
* DBS owns 173,753 ETH, valued at $647 million. * The address made over $200 million from ether holdings. * DBS is considered an ETH whale by Nansen. * DBS offers crypto services like custody and trading. * DBS highlights growing interest in crypto market. * Spot ether ETFs in the U.S. expected to
bullish
* Ether's put-call open interest ratio rose to 0.61, signaling a bullish outlook. * The ratio hit its highest level in at least a year, according to Glassnode data. * Wintermute noted a bullish sentiment following spot ETH ETF approvals. * Traders use options to hedge positions and generate additional income.
bank
* DBS owns 173,753 ETH worth $647 million, making $200 million profit. * Nansen identifies DBS as an ETH whale, offering crypto services since 2020. * DBS denies owning the wallet, potentially holding assets for investors. * DBS's crypto division saw significant growth in trading volume and services. * DBS supports major
business
* Sandeep Nailwal takes on additional role as chief business officer at Polygon Labs. * Will oversee strategy for Polygon's zero-knowledge solutions and AggLayer network. * Polygon Labs focuses on building transformative technology for scaling and liquidity. * Polygon processes transactions economically by redirecting to sidechains and Layer 2 zkEVM network. * Nailwal
business
* Elwood in talks to sell part of business, focusing on portfolio and risk management services. * Reorganization of Alan Howard's crypto investments leads to changes at Elwood. * Aptos' APT Token down 52% in April after booming March, according to VanEck. * Elwood re-evaluates roadmap, shifts focus to portfolio and
cryptocurrency
* A decade since Mt. Gox hack: $45B lost, industry still plagued by hacks. * 2023: $1.8B lost to hacks, lack of security in exchanges. * Users rely on exchanges for custody, but face security risks. * Regulatory bodies warn of dangers, urge separation of exchange from custody. * Self-custody risky, cold wallets not