Celer Network Thwarts Attempted Domain Takeover

Celer Network, a blockchain and cross-layer platform, said on July 11, 2024 (9:38 am EST), that it thwarted an attempt to take over its domains. The platform claimed it recovered all the Domain Name System (DNS) records. An investigation found the attack vector likely involved third parties beyond Celer Network’s control. Celer Network assured users […] Source CryptoX Portal

Coinbase Launches New Wallet Web App to Streamline Onchain Activity

San Francisco crypto firm Coinbase has introduced a new web application for its wallet, designed to provide users with a unified platform for managing onchain assets. The application aims to simplify the experience for users by offering a comprehensive view of their crypto holdings across various wallets and chains. Coinbase Unveils Web App to Bolster […] Source CryptoX Portal

Is This the Next Meme Coin to Explode? Shiba Shootout Surges Past $500K in Presale

Shiba Shootout (SHIBASHOOT) has gone viral after passing the $500,000 mark in its presale phase. This Wild West-themed meme coin is attracting investors worldwide and offers features unlike anything else on the market. Shiba Shootout – The Digital Wild West with P2E Mechanics Ever wondered what would happen if you mixed crypto with cowboys? That’s […] Source CryptoX Portal

Why AI's Energy Use Isn't Demonized Like Bitcoin's

CryptoX – Cryptocurrency Analysis and News Portal AI’s utility is more obvious to everyday people than crypto’s, and AI’s risks are so much greater that power consumption fears seem beside the point. Source The post Why AI's Energy Use Isn't Demonized Like Bitcoin's appeared first on CryptoX. CryptoX Portal

Spot Bitcoin ETFs See 4th Consecutive Days of Inflow Streak, Reaching $147M Yesterday

CoinspeakerSpot Bitcoin ETFs See 4th Consecutive Days of Inflow Streak, Reaching $147M Yesterday US spot Bitcoin exchange­-traded funds (ETFs) are expe­riencing a surge in investor inte­rest, evidence­d by a streak of net inflows. SoSo Value data shows that on We­dnesday, July 10, 2024, these ETFs rake­d in a combined $147.37 million, marking the fourth consecutive­ day of positive fund flow. Fidelity Digital Assets’ FBTC fund e­merged as the top pe­rformer, attracting a significant $57.79 million in net inflows. This surge sugge­sts a major boost in investor confidence for the­ fund.…

Crypto market falls ahead of the US CPI data release

The cryptocurrency market faced correction, with leading assets declining, ahead of the release of the U.S. inflation data. The U.S. Consumer Price Index (CPI) report for June this year is expected to be released today at 08:30 ET (12:30 UTC). According to Investing.com analyst Jesse Cohen, the majority of the U.S. banks and investment firms expect a soft decrease in the country’s inflation rate — between 3% and 3.2%. 🇺🇸🇺🇸 US JUNE CPI INFLATION ESTIMATES •TD BANK: 3.0%•SCOTIABANK: 3.0% •JP MORGAN: 3.1%•WELLS FARGO: 3.1%•CITI: 3.1%•BARCLAYS: 3.1%•BNP PARIBAS: 3.1%•NOMURA: 3.1%•https://t.co/LOppBTC8mR: 3.1%…

Los Angeles Sparks Extend Partnership With Crypto.com Arena Until 2029

The Los Angeles Sparks, one of the most successful teams in the Women’s National Basketball Association (WNBA), have signed a five-year extension with Anschutz Entertainment Group (AEG) to continue playing at Crypto.com Arena until 2029. This agreement extends a long-standing partnership between the Sparks and the downtown Los Angeles venue, where the team has played […] Source CryptoX Portal

Trump’s pro-crypto stance is gaining him votes 

Former President Donald Trump’s support for crypto is swaying some Republican voters as he campaigns for a return to the White House. According to a poll conducted by Echelon Insights and sponsored by crypto investment firm Paradigm, 13% of likely GOP voters reported a more favourable view of Trump due to his positive crypto sentiment in the U.S. “In short, Republicans understand the appeal of crypto and support congressional action to establish clear and predictable rules,” the survey read. Trump hasn’t always been vocal in his support of crypto, calling…

Kraken announces partnership with Atlético de Madrid

Kraken has announced a partnership with Spanish football club Atlético de Madrid. The deal sees the crypto exchange become the official crypto and Web3 partner of the Madrid-based club, with collaboration set to start in the 2024/2025 season. Kraken will also be Atletico’s official sleeve partner for both the men’s and women’s teams. Crypto and sports merge Over the past few years, crypto firms and global brands, including in sports, have forged key relationships. Mainly, it’s been around investments aimed at marketing crypto services and products, although a few have…