Gianluca Longinotti
49 articles
Grayscale Chairman Barry Silbert Defends Zcash Amid 44% Drop in ZEC
Barry Silbert, Chairman of Grayscale, defends Zcash following a 44% plunge in ZEC after a vulnerability was discovered. The selloff occurred after the Orchard flaw sparked concerns among investors, leading to ZEC's value briefly dropping over 53%. This information comes from Crypto Adventure.
last month·Crypto Adventure·Reported by Gianluca Longinotti
Forward Industries Transfers $31.9M In SOL To Coinbase Prime Amid Losses
Forward Industries has moved 455,784 SOL, valued at approximately $31.9 million, to Coinbase Prime, according to Crypto Adventure. This transfer highlights the company's significant losses tied to its Solana treasury, with market speculation rising as a result of the inactivity observed in the tracked wallet for the previous month.
last month·Crypto Adventure·Reported by Gianluca Longinotti
Plume and EtherFi Launch $100M RWA Vault for Institutional Yield
Plume and EtherFi unveil a $100 million real-world asset (RWA) vault that enables EtherFi users to access institutional-grade yields. This development integrates Plume's Nest Vault framework into EtherFi's app, which has over $6 billion in customer deposits, according to Crypto Adventure.
last month·Crypto Adventure·Reported by Gianluca Longinotti
HYPE Maintains Value as Broader Crypto Market Declines
HYPE demonstrates resilience, holding near record highs while the overall crypto market experiences declines, according to Crypto Adventure. Bitcoin hovers around $64,000 after a recent drop, and Ethereum falls below $1,800, in stark contrast to HYPE's performance around $72.
last month·Crypto Adventure·Reported by Gianluca Longinotti
Stripe, Visa, Mastercard, and Coinbase Explore Stablecoin Consortium
Stripe, Visa, Mastercard, and Coinbase are reportedly forming a consortium to create a new stablecoin that aims to compete with Tether and Circle for digital-dollar payments, according to Crypto Adventure. This initiative combines strong merchant networks and payment infrastructures, potentially reshaping the digital currency landscape.
last month·Crypto Adventure·Reported by Gianluca Longinotti
Mt. Gox Transfers 116 BTC to Bitstamp Amid Bitcoin Selloff
Mt. Gox has transferred 116.3 BTC, worth about $8.16 million, to Bitstamp as part of ongoing market fluctuations. Crypto Adventure reports this transfer follows a previous larger movement of 10,306 BTC from Mt. Gox's cold storage earlier in the week.
last month·Crypto Adventure·Reported by Gianluca Longinotti
HYPE Achieves New Price Milestone, Surpassing Solana
Hyperliquid's native token HYPE hits an all-time high close to $75.48 and trades above Solana's SOL for the first time, according to Crypto Adventure. While HYPE surged, SOL is priced at approximately $73 after a recent market pullback, illustrating a notable price shift despite Solana's larger market capitalization.
last month·Crypto Adventure·Reported by Gianluca Longinotti
Trezor Safe 7 Chip Vulnerability Revealed, User Funds Remain Secure
A vulnerability in Trezor's Secure Element chip, discovered by Ledger Donjon, affects the Trezor Safe 7 but does not compromise user funds or PINs. This was reported by Crypto Adventure, highlighting the flaw without immediate risk to wallet security.
last month·Crypto Adventure·Reported by Gianluca Longinotti
Mastercard Expands Stablecoin Settlement on Solana
Mastercard is enhancing on-chain stablecoin transactions by enabling direct settlement on Solana, as reported by Crypto Adventure. This initiative aims to eliminate traditional settlement windows, allowing for 24/7 blockchain-based payments and potentially transforming aspects of payment processing.
last month·Crypto Adventure·Reported by Gianluca Longinotti
Bitcoin Price Drops Amid Shift Toward AI Investments
Bitcoin experiences a significant decline, falling from around $74,000 to near $65,700 in a span of 48 hours. Factors behind this trend appear linked to broader risk-off sentiment rather than specific Bitcoin failures, as reported by Crypto Adventure.
last month·Crypto Adventure·Reported by Gianluca Longinotti
Helium Mobile Acquired by Noble Mobile, Expanding DePIN Coverage
Helium Mobile is set to be acquired by Noble Mobile, allowing Andrew Yang’s carrier to integrate one of the prominent decentralized physical infrastructure network (DePIN) products. The acquisition will enable Noble Mobile subscribers to access Helium’s user-supported wireless network, as reported by Crypto Adventure.
last month·Crypto Adventure·Reported by Gianluca Longinotti
HYPE vs ASTER: Analyzing Buyback Models and VC Influence
Crypto commentator Jussy revisits the HYPE versus ASTER debate, highlighting the performance of both protocols. Hyperliquid generated over $1.3 billion in protocol fees with significant HYPE buybacks, while Aster accumulated more than $450 million in fees and implemented a noticeable ASTER buyback program, according to Crypto Adventure.
last month·Crypto Adventure·Reported by Gianluca Longinotti
Bitcoin Lags Behind S&P 500 as Performance Gap Widens
Bitcoin's performance continues to fall short against U.S. equities, particularly the S&P 500, as reported by Crypto Adventure. From May 6 to June 1, the S&P 500 rose about 4%, while Bitcoin dropped roughly 13%, and gold decreased around 5%.
last month·Crypto Adventure·Reported by Gianluca Longinotti
Hester Peirce Warns Regulators Against Misinterpreting Crypto Privacy
SEC Commissioner Hester Peirce cautions that viewing crypto privacy tools as indicators of criminal intent undermines user rights. She asserts the need for stronger protections from financial surveillance, emphasizing that safeguarding privacy should be standard practice, as reported by Crypto Adventure.
last month·Crypto Adventure·Reported by Gianluca Longinotti
Tether Aids Romance Scam Victim in Recovering Nearly $900K
An elderly romance-scam victim has regained close to $900,000 after Tether conducted a burn and remint of stolen USDT, according to Crypto Adventure. The recovery process highlights the control mechanisms of the stablecoin issuer amidst rising concerns regarding online fraud.
last month·Crypto Adventure·Reported by Gianluca Longinotti
Hyperliquid’s HYPE Tokens Reach New All-Time Highs Against Major Cryptos
Hyperliquid’s HYPE token has achieved new all-time highs relative to Bitcoin, Ethereum, and Solana, marking a strong run in the large-cap crypto market, according to Crypto Adventure. The token's rise signifies its increasing strength in dollar terms as well as against these major cryptocurrencies, typically used as benchmarks for the market.
last month·Crypto Adventure·Reported by Gianluca Longinotti
Polymarket Launches Beta for Perpetuals Trading as Prediction Markets Expand
Polymarket has launched beta testing for perpetuals trading, allowing select users to engage in long and short trades continuously. This marks a significant evolution for the platform, transitioning from its traditional YES/NO outcome contracts to a more dynamic trading structure, according to a report by Crypto Adventure.
last month·Crypto Adventure·Reported by Gianluca Longinotti
Bitcoin Holds Near $71.3K Support as Channel Shows Breakdown Risk
Bitcoin approaches a crucial support zone near $71,300, according to Crypto Adventure. The cryptocurrency is currently consolidating at this lower boundary of its ascending channel, a trend established since February.
last month·Crypto Adventure·Reported by Gianluca Longinotti
