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.
US spot Bitcoin ETFs experienced a $152.42M outflow on June 18, 2024, marking the fourth day of withdrawals totaling $714.5M. Fidelity’s $FBTC led with $83M outflow, followed by $GBTC at $62M. Analysts warn potential Bitcoin price drops. #Update #Bitcoin #CryptoMarket
Nvidia ($NVDA) has become the world’s most valuable company at $3.33 trillion, surpassing Microsoft and Apple. Shares tripled in a year, closing at $135.58 after a 10-to-1 stock split. Record Q1 revenue of $26.04B highlights AI chip demand. #TechNews
Brazil’s Federal Revenue Service will summon foreign crypto exchanges like @binance, @coinbase, OKX, and KuCoin to ensure compliance with local laws. This comes as Brazilians declared $24.6B in crypto assets, a 36% rise, with $2.6B tied to foreign exchanges. #CryptoRegulation
An anonymous trader lost over $341K in under a minute by trading 2,500 $SOL for 91,705 DJT tokens, allegedly linked to Donald Trump. Speculation of insider trading is rising, with one wallet now holding DJT valued at $1.56M. #CryptoRisks #Update
Base Network hits a milestone with 267,000 DEX users, surpassing BNB Chain, driven by a booming meme coin market issuing 380,000+ ERC-20 tokens. With $1.582B TVL, Base ranks 7th among networks. Vitalik Buterin calls Layer 2 solutions crucial for Ethereum’s future. #Update
Sonic, a Layer 2 gaming network on Solana, raises $12M in Series A led by @BitkraftVC, with @galaxyRTK and Big Brain Holdings. Total funding now at $16M, with a token valuation of $100M. Mainnet launch set for Q3 2024. #BlockchainGaming #Update
Renzo secures $17M in funding led by @GalaxyHQ and @BH_Digital to scale its innovative restaking protocol on EigenLayer. The protocol supports Ethereum, stETH, and wBETH staking across multiple networks, enhancing DeFi integration. #CryptoNews #Update
? On June 20, 2024, @BNBChain will launch the BEP-336 upgrade, inspired by Ethereum’s EIP-4844 hard fork, to cut transaction fees by up to 90%. Key features include BlobTx for better data management, enhancing BNB Greenfield’s storage. #Blockchain #Update
AI investments surpass cryptocurrency, says BIT Mining’s Youwei Yang. AI projects now attract more funding, while crypto assets trade within narrow price ranges. Juan Leon from Bitwise predicts combined market growth of AI and crypto could reach $20T by 2030. #Update #AI #Crypto
Uphold will stop supporting multiple stablecoins, including $USDT, from July 1, 2024, due to the EU’s new MiCA regulations. Clients must convert to $USDC, $EURC, or $PYUSD by June 27, 2024. Remaining balances will auto-convert to $USDC. #CryptoRegulation
? Wasabi, a platform for trading memecoins and NFTs, raised $3M in funding led by @ElectricCapital. With over 18,000 traders and $500M in trading volume since January, Wasabi aims to expand its team and boost DeFi impact with a TVL of $109M. #Update #CryptoTrading
A Taiwanese court sentenced a man to one year probation and a $930 fine for betting on elections via Polymarket. This case highlights legal complexities of crypto-based betting platforms and may lead to stricter regulations. #Update #Cryptocurrency @PolymarketHQ
Stani Kulechov, CEO of Avara, aims to raise $50M for Lens Protocol to hit a $500M valuation. This follows a $15M round in Jan 2023. The funds will enhance Web3 social networking with ZKsync tech. #Web3 #Update
Tether launches Alloy (aUSDT), a new stablecoin backed by Tether Gold (XAUt) and pegged to the US dollar. Stored in Swiss gold reserves, Alloy operates on Ethereum, featuring an over-collateralized synthetic issuance platform. This marks a major step for stablecoins. #CryptoNews
