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ForkLog 9 19.06.2024

Ethereum’s Implied Volatility Deemed Overstated by Expert

The wide spread between the implied volatility indices (DVOL) of Ethereum and Bitcoin may be “unjustified,” as expectations for a spot ETH-ETF are overly optimistic. This is according to a report by CoinDesk, citing Amberdata. The gap between the 30-day DVOL of the two largest cryptocurrencies has been widening since April in favor of Ether. […]

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ForkLog 9 19.06.2024

Glassnode: Bitcoin Awaits Decisive Price Movement to Break Stalemate

Bitcoin has entered a range-bound trading phase, sustained by sufficient demand to absorb partial coin distribution by hodlers. A decisive price movement in either direction is needed to invigorate the market, according to Glassnode. Despite choppy price action, the unrealized profit of #Bitcoin investors remains constructive. However, volumes across all market facets are declining markedly […]

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ForkLog 17 19.06.2024

SEC Concludes Investigation into Ethereum’s Status

The regulator has closed its investigation into Ethereum 2.0. ETH-ETF issuers described recent S-1 application adjustments as “light”. The Enforcement Division of the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Ethereum 2.0, according to a statement from ConsenSys. ETHEREUM SURVIVES THE SEC. Today we’re happy to announce a major win for […]

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ForkLog 9 18.06.2024

Regulatory Era: EU to Exclude Stablecoins, South Korea Targets Altcoins

The cryptocurrency exchange Uphold will delist USDT and five other stablecoins for Europeans under MiCA. The South Korean regulator has mandated a review of 600 altcoins listed on licensed trading platforms in the country. Starting July 1, the cryptocurrency exchange Uphold will cease support for stablecoins USDT, DAI, FRAX, GUSD, USDP, and TUSD for users […]

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ForkLog 29 17.06.2024

ZK Token Debuts at $0.25 Amid Exchange Listings

The native token of the ZKsync L2 network (ZK) has been listed on several major cryptocurrency exchanges, including Binance, Bybit, Gate.io, and KuCoin. At the time of writing, the coin is trading at approximately $0.25. Minute chart of ZK/USDT on Binance. Data: Binance. According to CoinGecko, ZK’s market capitalization has surpassed $910 million with a […]

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ForkLog 9 14.06.2024

Greenpeace Criticizes Wall Street’s Support for Bitcoin

Greenpeace released a report urging major Wall Street companies supporting Bitcoin to take responsibility for environmental pollution. The organization accused some financial players of hypocrisy and false “green” initiatives. Environmentalists compared the mining industry to the tobacco and fuel industries. Wall Street giants like BlackRock and Vanguard contribute to the environmental damage caused by the […]

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ForkLog 9 14.06.2024

A Series of Breaches: Holograph Attack, Fake Exchange, and UwU Lend’s Bounty

The native token of the Holograph blockchain plummeted by 80% after a malicious actor breached the protocol operator’s smart contract, minting 1 billion HLG worth $14.4 million. On June 14, the network team confirmed the attack and reported that the flaw had been fixed. The project also reached out to centralized exchanges and law enforcement […]

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ForkLog 6 14.06.2024

Gary Gensler Predicts Timeline for Ethereum-ETF S-1 Approvals

The SEC head suggested the registration of S-1 forms for an ETH-ETF could occur by summer’s end. The absence of staking in an Ethereum-based ETF may limit institutional demand for the product. JPMorgan expressed doubts about sustaining high inflows into BTC-ETFs. Approval of the S-1 for an Ethereum-ETF is possible “by the end of this […]

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ForkLog 29 13.06.2024

OKX Details Hacks and Promises Compensation

Following a series of breaches, representatives from the cryptocurrency exchange OKX revealed that a hacker “forged court documents” to obtain personal information from “a very limited number” of users. 关于近期个别客户账户出现安全事件的情况说明 1. 所有此事件的有关用户都已经/马上得到圆满解决； 2. 此事件与谷歌验证器或短信验证的选择无关，但是 #OKX 确实推荐有能力的用户使用谷歌验证器； 3.… — OKX中文 (@okxchinese) June 12, 2024 “All users involved in the incident have been or will be compensated […]

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ForkLog 26 12.06.2024

ZKsync Airdrop Sparks Criticism Over Sybil Accounts

The token distribution of the L2 network ZKsync (ZK) has faced community criticism, as only 13% of the 6 million unique wallets were eligible, with many identified as ‘sybils’. “The airdrop of 17.5% [of ZK’s issuance] to 695,232 addresses is the largest distribution of coins among users. The tokens have no vesting periods or lock-ups […]

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ForkLog 6 12.06.2024

Bitcoin Eyes Return to $70,000 as Inflation Slows

In May, annual inflation in the United States slowed from 3.4% to 3.3%, falling short of the consensus forecast of 3.4%. This marks the lowest rate since April 2021. On a monthly basis, the consumer price index remained unchanged, defying expectations of a 0.3% increase and matching April’s figure. Excluding food and energy prices, the […]

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ForkLog 20 12.06.2024

Arthur Hayes and Raoul Pal Discuss Promising Altcoins

Hayes and Pal revealed their investments in altcoins, highlighting promising projects. Both experts believe DOGE could be a contender for launching a spot ETF. Former BitMEX CEO Arthur Hayes and Real Vision CEO Raoul Pal identified strong altcoins, emphasizing the potential of Solana (SOL) and Aptos (APT). “I am 90% in Solana. It was the […]

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