Mining Profits Dry Up Across Bitcoin, DOGE, LTC, and BCH
Dogecoin and Litecoin miners face mounting pressure as mining profitability remains low across major proof-of-work assets.
Cryptocurrency mining profitability remains…
Sahara AI surges: Can its price recovery survive a 1.03B token unlock?
Sahara AI was up around 21% at press time, as the AI token attempted to recover following its early sharp price crash. The daily trading volume has increased by 342%, surpassing $124 million.
Here’s what caused this price surge after…
Emergency Action as Magic Internet Money (MIM) Depegs 50%
Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1 peg. “We’re acutely aware of the MIM depeg and are…
Important Ripple (XRP) Deadline Concerning Many Users
The team said that funding gaps made the project unsustainable despite the early support it received during launch.
Strobe Finance, the only native decentralized lending…
Brutal Bitcoin Liquidation Cascade Imminent Below $59K, Warns Analyst
Bitcoin could fall further and faster if a large stack of long positions gets liquidated just below current prices, warns one analyst.
Analyst ‘Reflection’ warned of a…
ETHLabs Emerges as Former EF Researchers Start New Venture
TLDR
ETHLabs launched as a new Ethereum-focused nonprofit led by five former Ethereum Foundation researchers.
BitMine, SharpLink, and Ethereum co-founder Joseph Lubin joined the initiative as anchor funders.
ETHLabs aims to…
SecondFI’s $2M exploit: A wallet flaw leaves Cardano users exposed
SecondFi uncovered a major wallet generation vulnerability on the 23rd of June. Notably, a flaw in SecondFi’s wallet-generation process compromised the private keys used to create Cardano wallets, resulting in an entry point for the…
OpenPayd Secures MiCA License for Crypto Services in Europe
Financial infrastructure provider OpenPayd said Wednesday that it has secured authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA), allowing it to offer crypto services across the European Economic Area (EEA)…
Law Enforcement, Catholics Warn Against CLARITY Act
A group of law enforcement organizations and a coalition of Catholic organizations have become the latest two groups urging caution over the US CLARITY Act, which is heading for a key hearing in July. In letters sent Tuesday, four law…
OG Bitcoin Selling Falls To 19-Month Low As New Bottom Signal Arises
Bitcoin (BTC) holders who acquired their coins more than five years ago have cut spending to a 90-day average of 962 BTC, the lowest level since November 2024, according to CryptoQuant data. The slowdown follows three major spending peaks…