Crypto-news

Stablecoin issuer Tether plans to open-source its Bitcoin mining software, a move the company said would allow new miners to enter the market without relying on expensive third-party vendors. By open-sourcing its Bitcoin Mining OS (MOS), “A horde of new Bitcoin mining companies will be able to enter the game and compete to keep the…

Cetus Protocol, a Sui-native decentralized exchange that suffered a huge $220 million exploit in May, says it is now working on going open-source following its recent relaunch. An attacker exploited a pricing mechanism flaw to drain tokens from Cetus’ major liquidity pools on May 22. The protocol managed to freeze $162 million of the stolen funds shortly after. Trade…

Key points: Bitcoin is working on completing a “successful” support retest as trader bets increase prior to the weekly candle close. BTC price volatility is expected as liquidity analysis shows that conditions favor a significant short squeeze. $100,000 still remains a likely target in the event of a fresh price dip. Bitcoin held $105,500 toward…

Dubai’s real estate market surged in May, posting record sales volumes and transaction values that signal growing investor confidence and potential readiness for property tokenization. According to data shared in a press release with Cointelegraph by real estate platform Property Finder, Dubai’s real estate sector reached a total sales value of 66.8 billion dirhams (about…

US-based spot Ether exchange-traded funds (ETFs) have just recorded a third consecutive trading week of inflows. If next week follows suit, the current inflow streak alone may surpass $1 billion in total inflows. On June 6, spot Ether ETFs posted $25.3 million inflows for the trading day, extending the streak to 15 consecutive inflow days,…

A collective statement from 31 Bitcoin core developers has sparked a global debate among Bitcoiners after suggesting a hands-off approach to how the Bitcoin network is used, amid ongoing controversy over non-monetary use cases. “This is not endorsing or condoning non-financial data usage, but accepting that as a censorship-resistant system, Bitcoin can and will be…