Author: Michael Fawn
Michael Fawn
Michael Fawn is a cryptocurrency journalist and blockchain analyst with a passion for breaking down complex market trends into easy-to-understand insights. Covering everything from Bitcoin and Ethereum to emerging altcoins and Web3 innovation, Michael focuses on delivering accurate, timely, and engaging crypto news for investors and enthusiasts alike. With years of experience following the digital asset industry, Michael keeps readers informed on the latest developments shaping the future of finance.
Foxconn reported a 35% increase in its second-quarter net profit, primarily fueled by strong demand for AI-related products and services.
Harmony’s blockchain was exploited, leading to the unauthorized minting of 4 billion ONE tokens. The incident caused a significant price dump for the asset.
H100 has appointed Peter Warren as its Chief Investment Officer. This decision follows a significant transaction involving 2,455 Bitcoin.
Arbitrum’s tokenized stocks have seen a dramatic 476% increase. Investors question if this signals the end of ARB’s two-year market downturn.
Strategy’s CEO, Phong Le, indicated the company will resume Bitcoin purchases by the end of the year after recent sales to rebuild USD reserves.
FlightAware voluntarily withdrew its lawsuit against Kalshi, a derivatives exchange, just one day after initiating the legal action.
Chainlink’s on-chain transactions have seen a dramatic 92.6% decrease, raising questions about the LINK token’s ability to maintain its $8.69 support level.
Cybersecurity experts created a fake crypto startup, ‘Ballena Azul’, to lure and study suspected North Korean IT workers’ methods and infrastructure.
Bitwise Asset Management has reduced its workforce by 14%, with CEO Hunter Merghani expressing optimism for future industry growth and expansion.
Bitwise Asset Management reduced its global workforce by 14%, cutting approximately 155 employees due to a prolonged crypto market downturn and a 31% asset drop.