Cointelegraph

⁠Crypto Hedge Fund Managers: Ether More Like ‘Digital Tungsten’ According to Exponential Investments crypto fund managers, Ether is digital tungsten to Bitcoin's gold.

⁠Liquidations May Loom as Altcoin Bulls Hold Despite Shorts Spiking Many altcoin bulls are holding longs in spite of yesterday’s sudden down-turn in the Bitcoin markets. However, altcoin shorts are quickly rising too.

⁠Smart Contracts Is Too Limiting a Name, Says Blockstack CEO The potential benefits of smart contracts go well beyond what their name suggests, the co-founder and CEO of Blockstack argues.

⁠Microsoft Azure Machine Learning Clusters Cryptojacked to Mine Monero Hackers have attacked badly configured machine learning clusters on Microsoft’s Azure cloud computing network, and hijacked them to mine Monero.

⁠Third Ether Transaction With Huge Fee Suggests a New Player Has Joined The Party A third transaction with a transaction fee worth thousands of Ether has confirmed as experts suggest foul play again.

⁠Karpeles Says Mt Gox Verdict May Set ‘Dangerous’ Precedent A day after a Tokyo court upheld charges against him, Mark Karpeles, the former owner and CEO of Mt. Gox, spoke to Cointelegraph.

⁠Indian Government Again Proposes Blanket Ban on Cryptocurrencies Three months after the Supreme Court ruling to lift the banking ban, India’s Ministry of Finance has proposed to ban cryptocurrencies by law.

⁠Cardano’s IOHK and Global Blockchain Business Council Join Hyperledger Hyperledger has attracted eight new members, spanning firms working on blockchain based supply chain solutions, payments, and token standardization.

⁠80% of Ether Supply in Profit Leads of Fears of a Price Drop Crypto analytics firm Glassnode reported 80% of the supply of the second largest cryptocurrency by market cap was in profit on June 10.

⁠DeFi Records ‘Exponential’ Growth in Assets DeFi hits new heights with more than 1,000 new assets added in May and total user numbers reaching 550,000.

⁠Global Index Fund Manager Successfully Trials Blockchain Securities The $5.7 trillion asset manager Vanguard has completed the first phase of its pilot testing of settlements for blockchain-based asset-backed securities…

⁠15 People Plead Guilty in Bitcoin-Powered Fake Auctions Case The U.S. Department of Justice received two more guilty pleas from Romanian nationals involved in a crypto-fuelled transnational cyber fraud ring on June 11.

⁠Seed CX Shuts its Exchange to Focus on Settlements U.S.-based crypto exchange Seed CX has announced it is shutting down to focus on its settlement infrastructure.

⁠Tiny Tax Haven Accounts for $36B of Cross-Border BTC Transactions Seychelles-based exchanges moved $36 billion worth of Bitcoin across international borders in 2019.

⁠Celsius Network Sells Two-Thirds of $15m Equity Offering on First Day The popular DeFi app Celsius Network has publicly launched a $15 million equity offering, selling out over two-thirds of its target in less than six…

⁠India’s ‘Crypto Spring’ as Wave of New Exchanges Launch Tradehorn has become the latest startup to launch a cryptocurrency exchange in India after the Supreme Court repealed the Reserve Bank’s ban.

⁠Gemini Appoints New Asia-Pacific MD, Sets Sights on Singapore Expansion The Winklevoss twins’ crypto exchange continues its global expansion with the appointment of a Managing Director for the Asia-Pacific region.

⁠500 Estonian Crypto Companies Lose Permits After $220B Scandal Estonia is withdrawing permits from hundreds of crypto companies following Europe’s biggest money laundering scandal.