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Phoenix BCH Miner Elevates Hashrate to New Highs, Raising Concerns Within the Community

The rise in hashrate allocated by unknown miner Phoenix to the BCH network has raised questions about the true motives of this action. Phoenix took BCH’s hashrate to over 10…

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DWF Labs Launches $20 Million Cloudbreak Fund

DWF Labs announced the launch of a $20 million Cloudbreak Fund aimed at supporting Web3 projects in Chinese-speaking regions. The fund will provide investments and strategic resources to help emerging…

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Layerzero Integrates Flare, Enabling Connectivity to 75 Blockchains

Layerzero has integrated with Flare, a layer one (L1) blockchain, to connect it with 75 other blockchains. This integration aims to broaden the scope of decentralized applications (dapps) and improve…

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Consensys Acquires Wallet Guard to Enhance Metamask Security

Consensys has announced its acquisition of Wallet Guard, a browser extension focused on protecting digital assets from theft and fraud. This move aims to integrate Wallet Guard’s security features into…

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Bittensor Blockchain Placed in ‘Safe Mode’ Following Multi-Million Dollar Wallet Drains

According to reports, the Bittensor (TAO) blockchain was paused due to the depletion of funds from several wallets. The final block was processed 14 hours ago, and the network is…

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Trump’s 2024 Election Odds Jump to 66% on Polymarket; GOP Expected to Control Congress

Donald Trump’s prospects of winning the 2024 election have risen, with the prediction market Polymarket reporting his odds at 66% as of July 2, 2024. Meanwhile, a wager worth $294…

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Latam Insights Encore: The Bolivian Opportunity for Crypto After Its Unbanning

Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the opportunity for cryptocurrency in Bolivia…

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Market Jitters: Germany Offloads 3,820 BTC in a Week, Impacting Crypto Sentiment

Over the past seven days, data reveals that the German government has transferred 3,820 BTC to cryptocurrency exchanges, with around 2,165.49 BTC moved in the last eight hours. German Government’s…

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Dormant Bitcoin Wallets From 2010-2017 Transfer $294M in June

Long-time bitcoin holders moved a total of 4,681.438 BTC, worth $294 million, from dormant wallets dating from 2010 to 2017. The most significant activity was from addresses created in 2016,…

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Latam Insights: Argentina Reaches Zero Inflation, Central Bank of Bolivia Unbans Bitcoin

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentina reached zero inflation in food and beverages…

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