Bitcoin bulls run out of steam yet again as BTC price action returns to its pre-CPI position.
cointelegraph.com
Self-custodial Bitcoin wallet Bitkit launches on app stores [cointelegraph]
Synonym’s Bitkit, a self-custodial Bitcoin wallet, launches on iOS and Android, promoting user control over BTC transactions without third-party intermediaries.
Privado ID spinoff takes identity control solution beyond Polygon [cointelegraph]
Polygon’s zero-knowledge self-sovereign identity solution looks to provide privacy with assured authenticity.
UwU Lend faces second hack during $20M reimbursement process [cointelegraph]
The UwU exploiter strikes again and steals $3.5 million from the lend protocol as it begins reimbursing hack victims.
Inverse futures contract, explained [cointelegraph]
Inverse futures contracts are a type of derivative where traders use the underlying cryptocurrency (like Bitcoin) as collateral but settle profit/loss in a stablecoin (like USDT).
Curve Finance soft liquidation works, but CRV plunges 28% [cointelegraph]
Curve Finance’s LLAMMA successfully handled liquidation during a hack attempt, but the CRV token fell by 28%, sparking concerns in the DeFi community.
Bitfarms pushes back against Riot’s $950M takeover attempt [cointelegraph]
Riot’s $950 million buyout offer is met with resistance as Bitfarms’ stakeholders and special committee deem it undervalued and not in shareholders’ best interests.
Memecoins are a ‘cornerstone’ of crypto — Galaxy’s Novogratz [cointelegraph]
Galaxy Digital CEO Michael Novogratz has hailed memecoins as the “most powerful narratives out there,” but others in the crypto industry are not so confident.
Memecoins are a ‘cornerstone’ of crypto: Galaxy’s Novogratz [cointelegraph]
Galaxy Digital CEO Michael Novogratz has hailed memecoins as the “most powerful narratives out there” but others in the crypto industry are not so confident.
Bitcoin 92-day consolidation is setting up a ‘massive’ rally — Traders [cointelegraph]
Bitcoin is now trading in its “longest” consolidation period, but the longer the consolidation, the “larger the expansion,” according to traders.