Crypto News

On July 14, a high-risk trader incurred significant losses as $334 million in short bets were liquidated within three hours. High-Risk Trader’s Losses Draw Comparisons to James Wynn A high-risk trader known as Falllling had massive short bets worth $334 million liquidated in just three hours. According to the crypto analytics firm Lookonchain, the liquidatedSource link

Crypto payments platform MoonPay said it has connected to Revolut Pay, allowing users to buy digital assets with a single click from their accounts at Europe's most valuable startup.The option is aimed at streamlining transactions for U.K. and European customers who rely on neobanking apps like for everyday purchases. By allowing Revolut users to confirm crypto purchases with biometric ID or a passcode, it eliminates some of the common friction points faced by crypto buyers, particularly the card declines and identity verification delays that can disrupt transactions. Revolut Pay, introduced as a direct-from-account payment feature for online checkouts, comes with built-in fraud protection and instant transaction processing. The integration will extend to all of MoonPay’s 500-plus partner platforms, including popular...

Israel Salmen, CEO of Meliuz, the first Latam-based bitcoin treasury company, announced that the company is in the final stages of listing its stock on U.S. markets, without issuing new shares. Brazilian Bitcoin Treasury Company Meliuz Ready to List Stock on U.S. Markets Meliuz, the cashback company that became the first Latin American and Brazil-basedSource link

Bitcoin’s pseudonymous creator, Satoshi Nakamoto, is now among the wealthiest individuals — or group of individuals — on the planet, without ever moving a single dollar of their fortune or revealing any identifying details about themselves.With BTC climbing above $122,000 on Monday, Satoshi’s estimated 1.1 million coins are worth over $134 billion, according to public blockchain data.That would place them just outside the global top 10 richest people, ahead of names like Dell Computers CEO Michael Dell and Walmart heir Rob Walton, and inching closer to former Microsoft CEO Steve Ballmer and legendary investor Warren Buffett according to the Forbes real-time billionaires list.The stash is within touching distance of Google co-founder Sergey Brin, who has as estimated net worth of...

Algorand (ALGO) has surged 30%+ this week, fueled by increased network activity, staking launches on major exchanges, and a bullish technical trend. (Read More)Source link