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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

JPMorgan revises bitcoin production cost estimate to $45,000
JPMorgan revises bitcoin production cost estimate to $45,000

JPMorgan has revised its bitcoin production cost estimate to $45,000 for now, noting ongoing hashrate shifts post-halving.Its previous estimate was $42,000, which still remains for the medium term, JPMorgan’s Nikolaos Panigirtzoglou told The Block.

The Block·2024/05/16 18:31
Solana token launcher Pump.fun suffers flash loan exploit
Solana token launcher Pump.fun suffers flash loan exploit

The exploiter seems to be using flash loans to get enough SOL to buy out Pump.fun memecoin bonding curves.

The Block·2024/05/16 17:28
BlackRock spot bitcoin ETF's over 400 holders is 'mind boggling': Bloomberg analyst
BlackRock spot bitcoin ETF's over 400 holders is 'mind boggling': Bloomberg analyst

Bloomberg ETF analyst Eric Balchunas said BlackRock having more than 400 holders report they own its spot bitcoin ETF is a “mind boggling” result.With $844 million worth of BlackRock’s ETF, Millennium Management led the way in terms of total shares owned, followed by Schonfeld Strategic Advisors and Aristeia Capital.

The Block·2024/05/16 17:01
Bitcoin options traders anticipate short-term price correction, analysts say
Bitcoin options traders anticipate short-term price correction, analysts say

Bitcoin derivatives traders are still ready to pay a premium for short-term downside protection, analysts say.However, a longer-term outlook shows a more optimistic options distribution, skewed towards calls, the analysts added.

The Block·2024/05/16 16:07
Flash
  • 03:04
    RootData: CYBER will unlock tokens worth approximately 1.1778 million US dollars in a week
    ChainCatcher News, according to the token unlocking data from Web3 asset data platform RootData, Cyber (CYBER) will unlock approximately 736,100 tokens at 0:00 on February 15 Singapore time, valued at approximately $1.1778 million.
  • 03:02
    Solayer has opened airdrop eligibility inquiry
    Odaily Planet Daily reports that the Solayer Foundation officially announced on X, the airdrop eligibility inquiry is now open. In previous news, Solayer announced LAYER token economics: a total of 1 billion tokens, with 12% used for Genesis Drop.
  • 03:00
    Rapper Kanye West: Someone proposed to give me 2 million dollars to launch the RUG disk Meme coin, but I have rejected their request
    PANews reported on February 8th, according to The Block, that American rapper Kanye West expressed on social media his desire to discuss "cryptocurrency-related matters" with Coinbase CEO Brian Armstrong. Prior to this, he revealed that he had received a proposal of $2 million asking him to issue tokens, but he rejected the proposal and stopped cooperating with the proposer. According to chat screenshots released by Kanye, the collaboration required Kanye to promote a RUG plate Meme coin. He would be prepaid $750k and could announce his account was hacked 8 hours after posting. After another 16 hours, an additional payment of $1.25 million would be made. The mastermind behind this claimed that the collaboration could profit tens of millions of dollars.
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