Revolut prevents $13.5M of ‘potential fraud transactions’ in crypto
Revolut has been under fire as fraud complaints piled up in 2024, but the company has insisted it saved hundreds of millions in “potential fraudulent transfers.”
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DeFi surge, rising TVL and new partnerships underpin Ren’s 100% rally
Interoperability between blockchains is rapidly becoming one of the buzz phrases being thrown around when discussing decentralized finance and the coins most likely to rally during an altcoin bull run. The rapid growth of DeFi, its ever expanding total value locked and soaring ETH gas fees further highlight the sector’s need for a layer 2 option…

3 striking similarities with past Bitcoin price bottoms — But there’s a catch
Bitcoin (BTC) has been consolidating inside the $18,000-$20,000 price range since mid-June, pausing a strong bear market that began after the price peaked at $69,000 in November 2021.Many analysts have looked at Bitcoin's sideways trend as a sign of a potential market bottom, drawing comparisons from the cryptocurrency's previous bear markets that show similar price…

OKCoin’s Fourth Developer Grant Recipient Brings Total Grants to Over $500K
Crypto exchange OKCoin has continued to support Bitcoin (BTC) Core developers with a fourth grant being awarded to Bitcoin’s most active contributor since 2017, Marco Falke for an undisclosed six-figure sum. This grant brings the total amount provided as part of the company’s Independent Developer Grant to over $500,000.OKCoin believes that funding open-source development of the…

How to transfer $1 billion for basically free: Bitcoin whale watching
Billionaires, take note. It's one million times cheaper to send huge sums of money on the Bitcoin (BTC) blockchain. A Bitcoin user sent over 50,562 BTC ($1 billion) to an address on the blockchain, paying a fee of just 2,513 Satoshis (the smallest denomination of a Bitcoin), equivalent to half a dollar for the pleasure. Transaction…

June
Numbers of the month $90 million — This is how much BTC needs to be absorbed every day to sustain a $100,000 price 1/3 — This is how many of institutions have invested in Bitcoin, according to Fidelity Investments $675million — The biggest Bitcoin options expiry figure to date 11.4 million — Investors are holding…

Dutch Central Bank Will Keep Embracing DLT, But To-Date Findings Are Not All Positive
The Netherlands' central bank will continue to experiment with blockchain, but its to-date findings are “not that positive,” according to the bank’s director of payments. Finance publication The Banker reported on the comments on May 1.Petra Hielkema, director of payments and market infrastructures at the De Nederlandsche Bank (DNB), claimed that embracing new technologies such…

Tim Cook says Apple will weave AI into products as researchers work on solving bias
CEO Tim Cook gave a rare, if guarded, glimpse into Apple’s walled garden during the Q&A portion of a recent earnings call when asked his thoughts on generative artificial intelligence (AI) and where he “sees it going.” Cook refrained from revealing Apple’s plans, stating upfront, “We don’t comment on product roadmaps.” However, he did intimate that…

Believing, not seeing: Institutions still predict $100K Bitcoin price
Despite Bitcoin price cooling off in recent days, with the premier cryptocurrency currently hovering around the $32,000 mark, it is still showcasing strong technicals as well as a thirty-day price gain of nearly 40%. Not only that, but even since its recent dip — which has seen the digital asset fall from its recently established…