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ForkLog 13 26.06.2024

SEC Chair Declines to Set Timeline for Ethereum ETF Launch

Gary Gensler did not specify a launch date for spot Ethereum funds. Bitwise predicted a $15 billion inflow into the instruments within the first 18 months, while VanEck waived initial trading fees. SEC Chairman SEC Gary Gensler stated at the Bloomberg Invest summit in New York that the review process for spot Ethereum ETF applications […]

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ForkLog 7 26.06.2024

Cryptocurrency Sectors See Varied Growth Since January

Meme coins, RWA, and AI have led the growth across various sectors of the cryptocurrency market. Since January, the average daily return of the ten largest by market capitalization has been 1834%, 213%, and 72% respectively, according to Biteye. Analysts used CoinGecko data from January 1 to June 21. Data: Biteye. Experts highlighted the popular […]

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ForkLog 7 26.06.2024

Julian Assange Released in Courtroom Plea Deal

On June 25, a U.S. court on the island of Saipan approved a deal that saw WikiLeaks founder Julian Assange released in exchange for a partial guilty plea, according to Reuters. Assange admitted to charges of violating the U.S. Espionage Act. He was sentenced to 62 months in prison, which he had already served in […]

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ForkLog 4 25.06.2024

Bernstein Predicts Lower Demand for Ethereum ETFs

Spot exchange-traded funds (ETFs) based on Ethereum are expected to see less demand compared to their Bitcoin counterparts due to the absence of staking. This is according to a report by CoinDesk, citing Bernstein. Analysts believe that upon the launch of ETH-ETF trading, funds will be attracted from the same interested parties, albeit on a […]

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ForkLog 6 25.06.2024

LN Alliance to Unite Developers for Bitcoin Ecosystem Advancement

Infrastructure company Lnfi aims to accelerate the development of the Lightning Network (LN) by leveraging new protocols such as Taproot Assets and Nostr. This topic was discussed during a session organized by UTXO Management. As part of the initiative, representatives from the LN Alliance reached out to industry partners and developers. “Today, the entire Lightning […]

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ForkLog 11 25.06.2024

Hut 8 Secures $150 Million for AI Computing Infrastructure Expansion

Coatue Management invests $150 million in Hut 8 to develop AI computing infrastructure. Investor interest in bitcoin miners surged following Core Scientific’s HPC hosting deal. Mining company Hut 8 has finalized an agreement with a fund managed by Coatue Management, which will invest $150 million in the firm through convertible bonds. We are incredibly excited […]

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ForkLog 6 24.06.2024

Bitcoin Dips Below $63,000: Expert Opinions and Market Forecasts

Bitcoin whales have slowed their transactional activity and shifted to a “risk-off” mode as the market retreats. An expert predicts Ethereum could fall to $2400 following the launch of ETFs, as these instruments may not meet investor expectations. As the leading cryptocurrency fell below $63,000, whales reduced their activity in the derivatives market, according to […]

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ForkLog 14 21.06.2024

Arbitrum’s Revenue Surges 16,680% Following LayerZero’s ZRO Launch

The launch of the ZRO token by the omnichain protocol LayerZero on June 20 triggered a surge in fees within the Arbitrum L2 network, propelling the blockchain’s daily revenue to a record $3.43 million. Data: Dune. Revenue exceeded the previous day’s figure by 16,680%. On June 20, the average network fee in Arbitrum spiked to […]

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ForkLog 5 21.06.2024

Martin Shkreli Faces Legal Threats Over TrumpCoin Involvement

Shkreli may face charges of securities fraud or lying about obtaining approval to use the image of the 45th President of the United States. Donald Trump could face political or legal repercussions due to TrumpCoin (DJT). Investor Martin Shkreli could face legal action if he lied about the involvement of Barron and Donald Trump in […]

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ForkLog 7 21.06.2024

AI-Driven Phishing Threatens Tourists, Warns Booking Executive

Generative artificial intelligence has triggered a surge in phishing within the travel industry, according to Booking’s Chief Information Security Officer, Marnie Wilking, as reported by International Business Times. She urged travelers to exercise caution when booking hotels, as fraudsters may distribute malware through phishing emails. “Over the past year and a half, the number of […]

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ForkLog 12 21.06.2024

Winklevoss Twins Donate $2 Million in Bitcoin to Trump, Criticize Biden

Support for Donald Trump is gaining momentum in the United States, as he has embraced cryptocurrencies earlier than his rival, the incumbent President Joe Biden. While Trump receives million-dollar donations from industry participants, Biden is attempting to shift the situation in his favor. Current Landscape With 137 days until the election, Polymarket odds suggest a […]

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ForkLog 13 20.06.2024

Major Exchanges Prepare for LayerZero’s ZRO Listing

The LayerZero Foundation will distribute a total of 85 million ZRO tokens from the LayerZero omnichain project starting at 14:00 (Kyiv/Moscow). On June 19, co-founder and CEO Bryan Pellegrino announced that 1.28 million wallets are eligible for the airdrop. Over 6 million unique addresses have interacted with the protocol. In the final model, early transactions […]

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