Grosscrypto News

Polymarket in talks to raise $400M at a $15B valuation: Report

Polymarket in talks to raise $400M at a $15B valuation: Report - Latest Cryptocurrency News

Polymarket’s potential $15 billion valuation would still put it below the $22 billion valuation of competitor platform Kalshi in its latest funding round.

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Hackers impersonated eth.limo team to hijack its domain: Post-mortem

Hackers impersonated eth.limo team to hijack its domain: Post-mortem - Latest Cryptocurrency News

EasyDNS CEO Mark Jeftovic said the social engineering attack was highly sophisticated and the company is conducting further investigation to determine how the breach occurred.

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Bitcoin erases weekend gains as US-Iran ceasefire faces pressure

Bitcoin erases weekend gains as US-Iran ceasefire faces pressure - Latest Cryptocurrency News

Bitcoin briefly crashed below $74,000 on Sunday as Iran threatened retaliation for a US military seizure of an Iranian cargo ship.

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Aave's TVL tanks $8B a day after $293M Kelp DAO hack

Aave

The Aave token fell nearly 20% to $89.5 in just over 24 hours as users withdrew billions of dollars from the lending protocol.

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Stablecoins not a threat to banks in the near-term: Moody's analyst

Stablecoins not a threat to banks in the near-term: Moody

A prohibition on yield-bearing stablecoins and robust payments infrastructure in the US means stablecoins will not eat into banks' market share.

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Stablecoins not a threat to banks in near term: Moody's analyst

Stablecoins not a threat to banks in near term: Moody

A prohibition on yield-bearing stablecoins and robust payments infrastructure in the US means stablecoins will not eat into banks' market share.

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2024 BTC cycle 'dramatically' underperforming previous halvings: Analyst

2024 BTC cycle

Volatility and upside have been declining with each Bitcoin halving cycle, but the new dynamics may not be permanent, according to Galaxy's Alex Thorn.

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Kelp exploit highlights problem with non-isolated DeFi lending: Crypto execs

Kelp exploit highlights problem with non-isolated DeFi lending: Crypto execs - Latest Cryptocurrency News

The contagion from the Kelp exploit could have been contained, but at the cost of capital efficiency, according to the founder of Curve Finance.

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Bitcoin price drops to $75K as new Hormuz closure puts focus on oil

Bitcoin price drops to $75K as new Hormuz closure puts focus on oil - Latest Cryptocurrency News

Bitcoin foreshadows fresh market mayhem as it appears that the US-Iran war has returned, including the closure of the Strait of Hormuz oil route.

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Aluminum giant Alcoa to sell dormant smelter to Bitcoin miner NYDIG: Report

Aluminum giant Alcoa to sell dormant smelter to Bitcoin miner NYDIG: Report - Latest Cryptocurrency News

Alcoa is nearing a deal to sell its idle upstate New York Massena East smelter to NYDIG as US industrial sites increasingly shift toward Bitcoin mining and AI data centers.

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