Standard Chartered: BTC Will Reach $120,000
Standard Chartered Bank reported that the largest crypto by market capitalization could rise over $100,000 by 2024.
DeFi Protocol Arcadia Finance Loses $455,000 as a Result of Hack
Analysts at PeckShield reported a hack on Arcadia Finance’s DeFi protocol, with the hacker managing to withdraw crypto assets with a combined value of roughly $455,000.
Former SEC Head Says Bitcoin ETFs Might Be Approved
Former SEC Chairman Jay Clayton believes that applicants for a spot Bitcoin ETF have the potential to be approved.
SEC Accuses Coinbase of Deliberate Violation of the Law
The SEC has filed a civil lawsuit against Coinbase for allegedly offering unregistered securities in the form of certain tokens, and combining three functions as broker, exchange, and clearing agency that are usually separate.
US Presidential Candidate Robert Francis Kennedy Jr Has Invested $250K in BTC
Robert Francis Kennedy Jr., the 35th US president’s nephew and a current election race contestant, reportedly owning a range of BTC from $100,001 to $250,000, had its financial report revealed by CNBC in late June.
Sega Puts Off the Development of its Blockchain Game
Shuji Utsumi, Chief Operating Officer of Sega, has postponed plans for launching blockchain games due to doubts that they are “fun” enough.
Celsius Moves Plans to Convert $74M in Altcoins into BTC and ETH
Data from Arkham Intelligence has shown that a bankruptcy company, Celsius Network, made a settlement with creditors by transferring approximately $74 million worth of altcoins to be exchanged for Bitcoin and Ethereum.
