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.
Apple and @Microsoft step down from observer roles on @OpenAI’s board amid rising regulatory scrutiny in AI. This follows Microsoft’s $13B investment, highlighting their deep AI involvement. Both companies continue collaborations, emphasizing strategic interest in AI tech. #AI #Update
On July 9, 2024, the hacker behind the CoinStats breach moved 548.2 ETH ($1.69M) to Tornado Cash. Two wallets, known as CoinStats Exploiters, transferred the funds in two transactions. This incident highlights the urgent need for improved crypto security. #CryptoAlert
Dora, a crypto startup, raised $5.5M from @dragonfly_cap, @Lemniscap, and others to enhance its Infinite Discovery Engine for unifying cross-chain transactions. CEO Mauricio Trujillo aims to boost search capabilities across 20+ networks, including Ethereum. #Crypto #Blockchain #Update
Elliptic has exposed an $11B money-laundering scheme involving the Huione Guarantee platform, linked to crimes like human trafficking. Managed by Cambodia’s ruling family, this platform uses $USDT for transactions. Tether disputes these findings, calling for regulatory checks. #Update #CryptoCrime
Bitget’s Q2 2024 report reveals a 50% surge in web traffic, $32B in trading volumes, and 2.9M new user registrations. Bitcoin holdings grew by 73%, Ethereum by 153%, and USDT by 80%. New products PoolX and Premarket launched. #CryptoUpdate
Investors sue @BitwiseInvest for $2M over alleged securities fraud in the Bitwise 10 Crypto Index Fund. Claims include a pump-and-dump scheme and misleading info about buyback options. The Mukamal family reportedly lost $2M. Bitwise denies the charges. #Crypto #Update
BOB secures $1.6M in funding, led by @Ledger, to enhance Layer 2 solutions for $BTC and $ETH. $1M will support new startups and dApp development. BOB’s EVM compatibility boosts its infrastructure for dApps, driving advancements in crypto. #Update #Blockchain
Nigeria’s Finance Minister Wale Edun urges @SECNigeria to regulate the crypto market amid AI and virtual asset growth. Risks of misinformation from crypto firms about licensing highlighted. Nigeria leads in Bitcoin interest, stressing the need for clear regulations. #CryptoRegulation
Former @PolychainCap partner Niraj Pant is accused of a secret deal with Eclipse Labs, violating firm policies. Pant allegedly secured $6M funding for Eclipse in exchange for 1.33% of tokens, now worth $13.3M. Polychain was unaware until Pant’s departure. #Update #CryptoNews
Ethereum-based ETFs are close to SEC approval, says Catherine Dowling of Bitwise. With firms like @BlackRock and Fidelity updating their S-1 filings, approval could come by mid-July 2024. This milestone could legitimize $ETH and broaden crypto adoption. #Update
Investors earned over $1B shorting @MicroStrategy in Q2 2024, marking a 22.64% profit. Short positions rose to $1.2T in the US/Canada. Meanwhile, MicroStrategy added 11,931 BTC, worth $786M, now holding over 1% of total Bitcoin supply. #CryptoMarket #Update
.@Consensys has launched the MetaMask Delegation Toolkit to streamline Web3 user activities and interaction with dApps. It supports EVM-compatible networks like Arbitrum, Avalanche, and Polygon. Developers benefit from simplified smart contract development and redistributed gas costs. #Web3 #Update
On July 8, 2024, U.S. spot Bitcoin ETFs saw a $294.9M influx. BlackRock’s IBIT fund led with $187.21M, followed by Fidelity’s FBTC at $61.54M and Grayscale at $25.08M. This surge reflects growing investor confidence in #cryptocurrencies. #Update
PayPal’s USD-backed stablecoin, PYUSD, has surpassed $500 million in market cap. Launched in August 2023, its rapid growth on Ethereum and Solana networks, and backing by U.S. Treasury bonds, have bolstered investor confidence. PYUSD now ranks among the top 10 stablecoins. #CryptoNews
