cryptobriefing
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Layer3 increases initial airdrop to 7.5% of total supply ahead of token launch
Key Takeaways Layer3’s airdrop increase to 7.5% supports its vision for a scalable omnichain infrastructure. With new funding, Layer3 plans…
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Bitcoin needs a weekly close above $60,600 to avoid further correction
Key Takeaways Bitcoin is nearing a 26% pullback in 46 days, its deepest retrace of the current cycle. A weekly…
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Post-Mt. Gox payouts lead to worst crypto liquidations day since FTX collapse
Key Takeaways Mt. Gox’s fund transfer triggered over $1 billion in crypto liquidations, the largest since FTX collapse. Bitcoin price…
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Crypto exploit incidents rose 50%, with losses topping $1.43B in H1 2024 — report
Key Takeaways Blockchain security incidents increased by 50% in the first half of 2024. Ethereum and DeFi sectors suffered the…
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Mt. Gox confirms Bitcoin, Bitcoin Cash repayments have begun
Key Takeaways Mt. Gox has commenced the distribution of Bitcoin and Bitcoin Cash to its creditors. The initiation of repayments…
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Bitcoin sinks to $53,800, altcoins bleed following Mt. Gox’s billion transfer
Key Takeaways Bitcoin dropped below $54,000 following a $2.7 billion BTC transfer by Mt. Gox. The transfer is linked to…
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Mt. Gox moves over 47,000 BTC to new wallet ahead of creditor repayment
Key Takeaways Mt Gox has moved 47,229 BTC ahead of a $9 billion payout to creditors. The transaction could influence…
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Bitcoin loses key support level, but analyst says ‘don’t freak out’
Key Takeaways Bitcoin briefly fell below its 200-day EMA, a key support level for traders. Analysts predict potential price movements…
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Bitcoin could see deeper correction after payroll data release: Bitfinex head of derivatives
Key Takeaways Bitcoin slumped 5% following cautious FOMC minutes release NFP data could lead to Bitcoin price stabilization or deeper…
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SEC expands crackdown to target crypto-focused venture capital firms — report
Key Takeaways The SEC is probing crypto VCs for acting as unregistered securities dealers. These investigations are part of a…
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