Institutions are 'buying the dip' as the crypto market stabilises following a slump. The world’s largest Bitcoin miner expanded its BTC holdings by US$124m in July 2024. Meanwhile, US Bitcoin and Ethereum ETFs reached US$6b in volume during the market rout.
U.S. strategic Bitcoin Reserve to be partly funded by revaluing Fed's gold according to draft bill. 41.5% of Mt. Gox Bitcoin distributed, creditors continue to HODL. Ethereum ETF launch boosts US$2.2b inflows.
SIM card swap attacks exploit carrier vulnerabilities to hijack phone numbers, leading to financial loss, identity theft, and data breaches. Safeguards include using authenticator apps, strong passwords, and promptly contacting carriers when suspicious activity arises.
ETH ETFs have been approved by the US SEC, with trading volume hitting US$1.08 billion. BlackRock's Bitcoin ETF inflows surpassed those of the 'Mag 7' stocks, as total US Bitcoin spot ETFs reached a record US$17 billion in net inflows.
Recognising cyber scam indicators is crucial today. Scammers use channels like email and social media to deceive individuals and steal information. Vigilance and verifying communications through trusted sources are essential to protect against these threats and safeguard personal information online.
The Render Network Foundation is facilitating a technical architecture update from the Ethereum-based RNDR (ERC-20) token to the Solana-based RENDER (SPL) token.