AUM in Ethereum-Based Investment Products Crashed 50% in June (Report)
June proved to be a brutal month for the cryptocurrency market. The price of the two largest assets – Bitcoin and Ethereum – posted a large decline as uncertainties surrounding…
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Bitcoin Miner Revenues Surpass Ethereum for the First Time in a Year: Report
For the first time in almost a year, revenues for Bitcoin (BTC) miners surpassed those of Ethereum (ETH) in June. But even then, both digital assets have shown dwindling profit…
Analyst Warns of Increased Bitcoin Volatility as Futures Traders Step In
Bitcoin’s price spiked above $20,000 earlier today, and even though it’s currently trading below this level, the cryptocurrency charts gains of 1.4% over the past 24 hours. Now, on-chain analysts…
Nexo Might Acquire Distressed Crypto Lender Vauld
The leading cryptocurrency lender – Nexo – is looking to purchase the Singaporean digital asset exchange – Vauld. According to a document shared with CryptoPotato, Nexo and Vauld signed a…
Former JPMorgan Executive Samir Shah Joins Pantera Capital as COO
Samir Shah – who spent 12 years at JPMorgan as Global Head of Digital Solutions – announced his departure from the financial institution. His next career step includes joining the investment…
CoinShares Expands its Operations in the EU by Acquiring Napoleon Asset Management
The digital asset investment firm – CoinShares – received approval from the Autorité des Marchés Financiers (France’s top financial regulator) to acquire Napoleon Asset Management. The agreement will enable CoinShares…
NFT, BTC Scams Featured on British Army’s Compromised Twitter, YouTube Accounts
Twitter and YouTube accounts of the British Army were simultaneously hacked on Sunday and used for promoting two different crypto scams. However, by Sunday evening, the compromised accounts had been…
Ethereum Name Service Sells for Second-Highest Price Ever of 300 ETH
Ethereum Name Service (ENS) domain 000.eth was sold for 300 ETH, roughly $315,000, on 3rd July. This marked the second-largest purchase denominated not just in Ether but also in terms…
Circle CEO Refutes Rumor of USDC Collapse Due to Exposure to Troubled Firms
Circle – the company behind the second-largest stablecoin by market cap, USDC – reiterated its positive financial position amid a rumor calling the company on the brink of collapse. As…
Multichain Bridge Integrates With RSK to Enhance DeFi Access on Bitcoin
Multichain, previously known as Anyswap, has announced integration with RSK blockchain, a Bitcoin merge-mined smart contracts platform. According to the press release shared with CryptoPotato, the integration aims to facilitate…
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