Cipher Mining shares down 17% as 2024 losses mount
The mining firm had some major expenses last year, resulting in operating losses that saw shareholders dent its stock price.
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Bitcoin analysis agrees BTC price may stall at $35K
Bitcoin (BTC) bulls face a tough task to bring BTC price action past $35,000, fresh analysis predicts.In its latest market update on July 5, trading firm QCP Capital flagged the mid-$30,000 range as a potential cooling-off point for the Bitcoin bull market.Bitcoin homes in on post-FTX rally peakWith BTC price stagnating around $30,000, concerns are…

South Korea’s sweeping crypto bill passes first regulatory hurdles
Legislators in South Korea passed a first phase review of proposed cryptocurrency regulations that include relatively harsh sentencing recommendations. 129 Total views 2 Total shares Own this piece of history Collect this article as an NFTSouth Korean legislators passed a first phase review of proposed regulations that would give the nation’s Financial Services Commission authority…

Platypus to work on compensation plan after $8.5M attack
According to the DeFi protocol, different parties, including legal enforcement officials, are currently involved in the funds’ recovery process. 2042 Total views 22 Total shares Own this piece of history Collect this article as an NFTDecentralized finance (DeFi) firm Platypus is working on a compensation plan for users’ losses after a flash loan attack drained…

El Salvador’s Bitcoin gains top $300M — President
El Salvador’s unrealized gains of more than $300 million on its Bitcoin purchases came as BTC broke through the $100,000 milestone price.

Worldcoin’s World ID gets bridge to Solana via Wormhole
Wormhole was one of 17 projects to receive a Worldcoin Wave 1 Community Grant.

Misspelling Soneium on Google could drain your crypto wallet: Scam Sniffer
Web3 security firm Scam Sniffer says a malicious crypto-draining link can appear for some Google users when they search for Sony’s new blockchain.

HSBC becomes first foreign entity onboarded to Dubai’s KYC blockchain
HSBC plans to improve the KYC process for local investors and corporate clients by leveraging blockchain technology. 787 Total views 3 Total shares Global banking giant HSBC has announced that it has been successfully onboarded to the regional Know-Your-Customer (KYC)-focused private blockchain backed by Dubai’s government.HSBC is the first overseas, and fourth founding member, to…

Ether traders eye growth as options market leans bullish
Ether option markets are “leaning bullish,” with a “touch of caution” from large investors, as ETH faces significant downside volatility under $2,600, a Nansen research analyst told Cointelegraph.