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.
Hackers laundered $35M via Cambodian platform Huione after the DMM Bitcoin breach on May 30, 2024. Expert @zachxbt suspects the Lazarus Group’s involvement. Tether froze $28.2M of stolen funds on July 12. The breach underscores cryptocurrency security vulnerabilities. #CryptoSecurity
MicroStrategy’s stock soared 1203% since August 2020, surpassing Nvidia’s 1050%, thanks to strategic Bitcoin investments. Holding 226,331 BTC with $14B in unrealized gains, they’re the largest corporate Bitcoin holder. #Crypto #Update $MSTR $NVDA
U.S.-listed bitcoin miners now control 26.6% of global hashrate, reaching this milestone in June 2024, notes JPMorgan. Market cap surged 29%, driven by AI integration. Key players include @RiotPlatforms, Bitfarms, and CleanSpark. #BitcoinMining #Update
Binance’s 2024 Mid-Year Crypto Market Report reveals a 37.3% surge in market cap to $2.27T. Highlights: Bitcoin dominance post-halving, DeFi TVL up 72.8% to $94.1B, and stablecoins near peak levels. #Update
#Crypto #Bitcoin #DeFi
Daily net capital inflow into spot Bitcoin ETFs hit $301.04M on July 15, marking the 7th consecutive day of gains and indicating strong investor confidence. Hong Kong also saw inflows in Bitcoin (49.85 BTC) and Ethereum (353.4 ETH) spot ETFs. #Crypto #Update
Elon Musk denies committing $45M monthly to Donald Trump’s campaign, calling it “Fake Gnus.” Significant donations from Joe Lonsdale & Kelly Craft, plus 15.47 BTC from the Winklevoss twins and $1M in ETH from Jesse Powell, highlight the rise of #cryptocurrency in political funding.
.@VitalikButerin calls out low investment in Web3 infrastructure, favoring niche, high-revenue projects like “casinos.” This trend hurts open-source startups vital for decentralization. He urges a shift in investment strategy for sustainable growth. #Web3
Former Zero Edge CEO Richard Kim lost $3.7M in investor funds through risky cryptocurrency trades after the $7M seed round. Kim, an ex-JPMorgan and Goldman Sachs exec, resigned and reported his actions to the SEC, highlighting the risks in leveraged trading. #Crypto #Update
Federal Reserve Chair Jerome Powell discussed potential rate cuts at the Economic Club of Washington. While Q2 2024’s positive CPI data boosted Fed confidence and affected Bitcoin’s ($BTC) value, Powell did not specify a timeline for reducing rates. #Economy #Update
Donald Trump picks Ohio Senator @JDVance1 as his VP candidate, signaling a pro-crypto shift. Vance, a Bitcoin advocate, owns up to $250K in $BTC and opposes restrictive SEC rules. This move may bring significant regulatory clarity to the crypto market. #Update
An anonymous Bitcoin whale moved 1,000 BTC, worth $62.5M, after 12 years of dormancy. Bought in 2012 for $11,908, the investment saw a 500,000% increase. Transaction on Jan 19, 2024, confirmed on July 14. Bitcoin surged to $62,554. #Update #Bitcoin $BTC
Bitcoin miner stocks surged, driven by the “Trump factor” and favorable political shifts. On July 15, 2024, $MARA rose 6%, $RIOT 5.4%, and $CORZ 7.5%. Experts forecast sustainable growth in the Bitcoin mining sector, linked to Trump’s election prospects. #Update #BitcoinMining
.@TheOpenPlatform invests in Akedo Games to launch the Tap-to-Earn game Akedog on Telegram on July 18, 2024. Akedog will feature NFTs, customizable pets, and battle mechanics. This collaboration boosts innovation in the TON ecosystem as Pantera Capital plans a new fund. #Update
Cryptocurrency funds saw record inflows of $1.44B this week, with $1.27B from the US. Bitcoin ETFs led with $1.3B, marking the 5th-largest weekly inflow ever. Grayscale Investments faced a $34M outflow. #Crypto #Update
