Ronin Bridge Paused, Restarted After $12M Drained in Whitehat Hack
“The bridge currently secures over $850M which is safe,” co-founder @Psycheout86 said in an X post.Source
Bitcoin’s Death Cross Is Looming Again
The death cross is known to cause catastrophizing among inexperienced investors. But it’s an unreliable indicator.Source
Ethereum ETFs Scored $49M Inflows as ETH Plunged
ETH bounced over 18% in the past 24 hours to reverse losses from a steep fall on Monday, with some drawing eyes to the blockchain’s fundamentals.Source
ARK Bought $17.8M of COIN, $11.2M of HOOD as Market Slumped
ARK Invest often loads up on shares when their prices slide, usually with a view to offloading them one their prices tick up again.Source
These Two Bitcoin Indicators Offer Light in a Gloomy Market
BTC has dropped over 13% this month, but all is not lost, according to key indicators.Source
CoinDesk 20 Performance Update: Index Plunges 22.6% Amid Global Market Decline
The CoinDesk 20 experienced a major downturn over the weekend with NEAR and LINK among the hardest hit.Source
First Mover Americas: Bitcoin Crashes to $50K as ‘Perfect Storm’ Hits Crypto Market
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges
The founder of decentralized finance protocol Aave said the platform generated $6 million worth of revenue during Monday’s crypto market sell-off.Source
Crypto Stocks Slump as Bitcoin, Ether Tumble
Coinbase, MicroStrategy and miners fell as equity markets declined worldwide.Source
Bitcoin Drops 15% Against Japanese Yen, Outpacing Declines Versus USD, as Yen Carry Trades Unwind
Japan raised interest rates by 0.25% last week, leading to a strong Yen and a corresponding drop across risky assets including bitcoin.Source