Crypto News
Bitcoin and Ethereum Prices Plunge on Recession Fears as Liquidations Spike
Bitcoin fell sharply below $62,000 and Ethereum dipped under $3,000 as the impact of a poor U.S. jobs report continues to reverberate.Source link
DOJ Launches Whistleblower Awards Program to Tackle Crypto Crimes
The U.S. Department of Justice (DOJ) has initiated a Corporate Whistleblower Awards Pilot Program to encourage reporting of corporate criminal activities. This three-year program targets financial institutions, including cryptocurrency businesses, to enhance the detection and prosecution of corporate crimes. Whistleblowers who provide non-public information leading to forfeitures over $1 million are eligible for awards. DOJSource link
On-Device Proofs Solve DePIN Verification Challenges
Zero-knowledge proofs generated on DePIN devices are the best way to provide robust verification for service, performance, and location data while maintaining decentralization and privacy, argue NovaNet cofounders Wyatt Benno and Houman Shadab.Source link
GameStop Kills 33-Year-Old Gaming Magazine as Stock Price Sinks
GameStop’s long-running Game Informer magazine was axed Friday as GME shares continued their recent decline.Source link
Microstrategy Boosts Bitcoin Holdings to 226,500 BTC With Q2 Acquisitions
Nasdaq-listed Microstrategy acquired 12,222 bitcoins in the second quarter, bringing its total holdings to 226,500 BTC. CEO Phong Le and CFO Andrew Kang expressed optimism about future bitcoin support and emphasized the company’s financial strategies. Despite net losses, Microstrategy remains committed to its bitcoin strategy. Microstrategy Expands Bitcoin Holdings Microstrategy Inc. (Nasdaq: MSTR) reported itsSource link