Explore the latest updates from hodl.press, a fresh news platform delivering unbiased, ad-free coverage of Bitcoin, blockchain, and the broader crypto world. At Voted.News, we condense hodl.press stories into concise, reader-friendly summaries, ensuring you get clean, reliable insights without the noise.
Coinbase ($COIN) launches Coinbase Wrapped BTC (cbBTC) on Solana, expanding from Ethereum and Base networks. cbBTC, backed 1:1 by Bitcoin, aims to leverage Solana’s high-speed, low-cost transactions, boosting accessibility and the Solana ecosystem.
Bitcoin hits $64K driven by whale transactions and Fed rate cuts. Bhutan holds 13K BTC from mining, MicroStrategy adds 7,420 BTC, and @Solana Mobile unveils the Seeker smartphone. Donald Trump humorously dubs Bitcoin-paid meals “cryptoburgers.”
Solana Foundation debates potential dissolution at Breakpoint 2024. Executive Director Dan Albert supports ecosystem self-sufficiency, while RockawayX CEO Viktor Fischer proposes a Linux Foundation-style funding model. Next event in Abu Dhabi to provide further insights.
New York’s William Koo Ichioka fined $36M for cryptocurrency fraud. He misused client funds on luxury expenses and is banned from trading on CFTC-regulated markets. This highlights the need for stronger investor protections in crypto.
40 blockchain projects raised $198.15M from Sept 14-21, 2024. Top recipients: The Open Network ($30M), Drift Protocol ($25M), Helius ($21.75M). Major investors include Bitget, Foresight Ventures, Multicoin Capital, and Foundation Capital.
Coinbase launches Coinbase Wrapped BTC (cbBTC) on Solana, expanding from Base and Ethereum. cbBTC, an ERC-20 token backed 1:1 by Bitcoin, enhances user flexibility and access. Coinbase Q2 2024 revenue more than doubled to $1.45B.
SEC greenlights $BLK’s iShares Bitcoin Trust for options trading. This move is expected to boost institutional Bitcoin adoption and market volatility. Experts call it a major milestone for the cryptocurrency market, predicting more regulatory endorsements soon.
BingX hacked, losing over $43.2M according to PeckShield. Withdrawal ops suspended for 24hrs. Product Director Vivien Lin confirms minor losses, hot wallet targeting. Cyvers estimates losses at $52M, underscoring need for enhanced crypto exchange security.
MicroStrategy acquires 7,420 BTC for $458M, bringing total holdings to 252,220 BTC valued at $9.9B. Unrealized profit reaches $5.9B. The company’s strategic investment reflects confidence in Bitcoin’s long-term potential and influences institutional investment trends.
$BNB Chain integrates with @Telegram, enabling crypto transactions via CodexField and UXUY Wallets. Privy’s SDK streamlines user onboarding. Aiming for mass Web3 adoption, the partnership enhances Telegram’s utility and broadens cryptocurrency reach.
Seattle-Tacoma Airport hit by Rhysida ransomware; hackers demand 100 BTC ($6.4M). Airport management refuses to pay, focusing on restoring systems. FBI investigating. South Korean researchers offer free decryption tool, highlighting need for stronger cybersecurity.
ebi.xyz integrates with HOT Wallet, enabling wallet creation and trading on Telegram for 10M monthly users. ebi.xyz sees rapid growth with 145K new accounts in a week. New referral system boosts user engagement.
250 BTC worth $15.8M transferred from five dormant addresses after 15 years, coinciding with a Bitcoin price surge to $63,300. The transfers occurred alongside a 9% weekly value increase, sparking intrigue over the mysterious ownership.
Solana Breakpoint 2024 sees the Frankendancer solution live on the $SOL mainnet, enhancing performance. The Firedancer validator is in testnet, aiming to boost throughput. $SOL price surged 10.3% in the past week amid the event.
