Bitcoin ETFs to push US slice of crypto ETF trading volume to 99.5% — Analyst

The United States could make up for 99.5% of the global trading volume for crypto-related exchange-traded funds — but only if spot Bitcoin ETFs are approved, according to a Bloomberg ETF analyst.... Read more »

Circle says competition from PayPal and others is ‘great to have’, reports $1B in cash

Circle’s top executive spoke favorably of competition from PayPal’s stablecoin while emphasizing his own company’s strong standing on Aug. 10. Jeremy Allaire, the CEO of Circle, said that other firms will likely... Read more »

Newly discovered Bitcoin wallet loophole let hackers steal $900K — SlowMist

A newly discovered vulnerability in the Libbitcoin Explorer 3.x library has allowed over $900,000 to be stolen from Bitcoin users, according to a report from blockchain security firm SlowMist. The vulnerability can also... Read more »

CertiK’s crypto security reviews uncover critical vulnerability in Apple iOS

The blockchain cybersecurity firm, CertiK, has reportedly been instrumental in uncovering critical security vulnerabilities in Apple’s latest iPhone operating system (iOS) update. CertiK’s contributions were explicitly related to two security vulnerabilities in... Read more »

US bank reveals $166M in crypto holdings: Q2 earnings report

The San Fransico-based SoFi bank holds almost $170 million in crypto on its balance sheet, according to its second quarter (Q2) earnings report. The United States bank, which serves over six million... Read more »

Bitcoin miner Riot Platforms trims Q2 loss to $27.7M

Colorado-based Bitcoin mining firm Riot Platforms narrowed its second quarter net loss to $27.7 million as it ramped up its Bitcoin production and reached record hash rate capacity. The crypto miner posted... Read more »

Jury trial in SEC v. Ripple Labs to be set for Q2 2024

Two Ripple executives named in a federal securities case have been scheduled for a jury trial, according to a court filing dated Aug. 9. The upcoming proceedings concern Ripple CEO Brad Garlinghouse... Read more »

Bitcoin Lightning Network is growing, but 3 major challenges remain

The Lightning Network is a layer-2 solution built on top of the Bitcoin blockchain, and its primary objective is to address the Bitcoin network’s scalability issues. It also allows for faster and cheaper... Read more »

Microsoft and Aptos Labs partnership sends APT token soaring

Aptos Labs, the developer of layer1 blockchain network Aptos (APT), has partnered with Microsoft to “unlock Web3,” according to an Aug. 9 press statement shared with CryptoSlate. The blockchain network stated that... Read more »

Bitcoin hits $30.2K August high amid warning longs ‘chasing’ BTC price

Bitcoin (BTC) consolidated at a key flip zone on Aug. 9 as BTC price strength staged a sudden return. BTC/USD 1-hour chart. Source: TradingView BTC price toys with $29,700 “party” level Data... Read more »