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ALL From Cryptocurrency

Mati Greenspan: We Are Already in the Next "Bitcoin Summer"

June 23 (Cointime) - Cointelegraph's Market Talks features Mati Greenspan, the founder and CEO of Quantum Economics, who shares his insights on the cryptocurrency sector. Greenspan believes that we are already in the next "Bitcoin summer" and that prices will continue to rise. He discusses the correlation between the stock market and Bitcoin and the catalyst behind the recent pump to $30,000. Greenspan also explains the benefits of Bitcoin adoption in developing economies and his stance on Ordinals on the Bitcoin network. Market Talks airs every Thursday on Cointelegraph Markets & Research's YouTube page.

Xapo Bank to Expand Cryptocurrency Services Across India and South Asia

June 22 (Cointime) - Xapo, a crypto-friendly private bank based in Gibraltar, is expanding its services across India and South Asia. The bank will offer its USD offshore savings account with 4.1% interest and a bitcoin wallet with 1% interest on BTC deposits to members in the region.

Tesla's Official Website Features Dedicated Page for Dogecoin Payments

June 22 (Cointime) - A dedicated page on the official Tesla website provides information about using Dogecoin as a payment option, including what can be purchased and how to make a purchase.

South Korean Crypto Yield Platform Haru Invest Terminates Contracts for Over 100 Employees

June 22 (Cointime) - Haru Invest, a South Korean cryptocurrency yield platform, is reportedly ending contracts for over 100 employees due to difficulties with normal company management. The platform had previously paused withdrawals and deposits, citing issues with service partners. The contracts are set to end on Friday, according to reports. Despite rumors of malicious intent, co-founder and former CTO Eunkwang Joo stated on Twitter that Haru Invest's internal situation is not a "rug pull."

Russian Citizen Arrested for Sending Crypto to Ukraine's Armed Forces on Treason Charges

June 22 (Cointime) - A Russian citizen from Khabarovsk Krai has been arrested by the FSB for allegedly sending cryptocurrency to the Armed Forces of Ukraine. The individual is being charged with treason and was caught using cryptocurrency tools to transfer personal funds via third parties in Ukraine.

Bitcoin Continues Uptrend, Surpasses $30,000 Amid Flood of ETF Applications and Whale Transactions

June 22 (Cointime) - Bitcoin, the world's largest cryptocurrency, has continued its upward trend this week, surpassing $30,000. Its market cap is now at $588 billion, with a 5.47% increase in trading price. The recent price rally is attributed to the flood of spot Bitcoin ETF applications to the SEC, with BlackRock's filing triggering the trend.

Bitcoin Price Surges Above $30,000 and Bulls Aim for $32,000

June 22 (Cointime) - Bitcoin's price has surged above $30,000 and is up over 10%, with bulls potentially aiming for a move to $32,000. The cryptocurrency is trading above $29,500 and the 100 hourly Simple moving average, with a key bullish trend line forming with support near $30,250.

Two Men Charged in Sydney Cryptocurrency Scam, Millions in Luxury Cars and Watches Seized

June 22 (Cointime) - Two men have been charged in Sydney after allegedly defrauding two companies of more than $5.5 million since 2021. Police raided a warehouse and seized six luxury cars, 11 motorcycles, seven designer watches, cryptocurrency wallets, nun chucks, and relevant documents.

Binance’s Announcement of NMR Futures Trading Leads to 17% Surge in Numeraire Price

June 21 (Cointime) - Numeraire (NMR), an AI-driven cryptocurrency, experienced a remarkable surge of over 17% in just over an hour following the announcement by Binance, a renowned crypto exchange, of the imminent launch of futures contracts trading for the Numeraire token.

Starknet Turns to “Storage Proofs” To Solve Cross-Chain Bridge Vulnerabilities

June 21 (Cointime) - According to Chainanalysis, bridge attacks accounted for 69% of all cryptocurrency stolen in 2022, with over $2 billion siphoned from buggy cross-chain bridge platforms. As a solution, some blockchain developers, like the Ethereum layer 2 network Starknet, are turning to “storage proofs” to enable “trustless” cross-chain bridges, using cryptography to eliminate the need for third-party “oracles” to track assets between chains.