XRP Set For Rebound, Crypto Returns To US

Top Stories of The Week SEC Chair Aktins calls to ‘reshore crypto’ as companies move back to the US Crypto companies are beginning to return to the United States as top officials signal a shift toward friendlier regulation and domestic growth. In a Thursday speech at the America First Policy Institute, SEC Chair Paul Atkins…

XRP Set For Rebound, Crypto Returns To US

Top Stories of The Week SEC Chair Aktins calls to ‘reshore crypto’ as companies move back to the US Crypto companies are beginning to return to the United States as top officials signal a shift toward friendlier regulation and domestic growth. In a Thursday speech at the America First Policy Institute, SEC Chair Paul Atkins…

China’s Crypto Liquidation Plans Reveal Its Grand Strategy

Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association  Last week’s announcement of Hong Kong’s LEAP Digital Assets Policy Statement 2.0 was made with much anticipation and fanfare. The government of Hong Kong promised a comprehensive regulatory framework that will unify licensing and “expand the suite of tokenised products.”  Yet beneath the hype…

Is Bitcoin’s Record Low Volatility Predicting A Rally?

Key takeaways:  The Bitcoin Implied Volatility Index has fallen to its lowest level since September 2023, hinting at a potential breakout. The short-term holder realized cap drawdown is at -8%, which is historically a bullish accumulation zone. Bitcoin’s (BTC) recent price action points to a phase of quiet accumulation, but data shows that these low-volatility…

SEC’s Crypto Task Force Will Tour U.S. to Hear From Small Startups on Policy Reform

The U.S. Securities and Exchange Commission’s new Crypto Task Force will begin a cross-country tour this month to meet with small crypto startups and expand the number of people who are heard in crypto policymaking. Led by Commissioner Hester Peirce, the task force plans to visit 10 cities from August to December, it announced in…

$3.5 Billion Bitcoin Heist, Biggest Crypto Hack Ever, Retroactively Uncovered

Chinese mining pool LuBian was hacked in 2020 for 127,426 Bitcoin (BTC), valued at about $3.5 billion at the time, making it the biggest crypto hack in history, according to blockchain analytics platform Arkham Intelligence. The platform retroactively uncovered the heist on Saturday, claiming that LuBian, which emerged as the sixth-largest BTC mining pool at…

$3.5 Billion Bitcoin Heist, Biggest Crypto Hack Ever, Retroactively Uncovered

Chinese mining pool LuBian was hacked in 2020 for 127,426 Bitcoin (BTC), valued at about $3.5 billion at the time, making it the biggest crypto hack in history, according to blockchain analytics platform Arkham Intelligence. The platform retroactively uncovered the heist on Saturday, claiming that LuBian, which emerged as the sixth-largest BTC mining pool at…

How Curve Finance is Solving Impermanent Loss

Yield Basis, a protocol developed by the decentralized finance (DeFi) platform Curve Finance, mitigates impermanent loss for tokenized Bitcoin (BTC) and Ether (ETH) liquidity providers (LPs), while also creating a market-based approach to token inflation and emissions, according to Curve founder Dr. Michael Egorov.  Impermanent loss in crypto occurs when the price of assets deposited…

5 Shady Crypto Projects That Made It to the Spotlight

Key takeaways Crypto investigator ZachXBT criticized Token2049 for poor sponsor vetting, warning that platinum sponsorships don’t equate to legitimacy. Several sponsors he flagged turned out to have shady records. JPEX and HyperVerse used event sponsorships to project credibility. Both later collapsed under fraud investigations, causing billions in investor losses and arrests. Red flags include anonymous…

China’s Crypto Liquidation Plans Reveal Its Grand Strategy

Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association  Last week’s announcement of Hong Kong’s LEAP Digital Assets Policy Statement 2.0 was made with much anticipation and fanfare. The government of Hong Kong promised a comprehensive regulatory framework that will unify licensing and “expand the suite of tokenised products.”  Yet beneath the hype…