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More borrows, less sorrows: Things are heating up again in the lending market

More borrows, less sorrows: Things are heating up again in the lending market

There seems to be an uptick in both borrowings and repays on major lending platforms on Ethereum.

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El Salvador mined 474 bitcoin since 2021 using volcanic geothermal power, bringing total BTC to 5,750: report

El Salvador’s pro-Bitcoin president Nayib Bukele implemented 300 new processors powered by volcanic geothermal energy.

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North Korea-linked group used Tornado Cash to launder $147 million in crypto: Reuters

North Korean hackers laundered $147.5 million in cryptocurrencies through Tornado Cash in March, according to a Reuters report. 

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Sweeping ‘Bitcoin Rights’ Bill Becomes Law in Oklahoma

Go to Source Author: Cheyenne Ligon

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The Protocol: Lido Backers vs EigenLayer

In this week’s issue, we’ve got the scoop on a new possible rival to restaking pioneer EigenLayer. PLUS Are meme coins an investable asset class? With the latest Runes data and $70M of project fundraisings.

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FTX repayments might cause crypto buying pressure: K33

The types and timing of repayments from Gemini, Mt. Gox and FTX may also affect the crypto market different. 

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Lawmakers optimistic about overturning the SEC’s accounting bulletin as Senate prepares for vote

Rep. Nickel says legislative measures could get fellow lawmakers’ buy-in as an accounting bulletin and another bill come up for a vote.

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DePIN’s Solution to AI’s Biggest Blind Spot

Decentralized machine perception, managed by tokens and cryptographically secure, could offer a privacy and effectiveness upgrade over centralized systems, says Nils Pihl, CEO and Founder of Auki Labs.

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Incoming Vanguard CEO Won’t Reverse Decision Not to Launch Bitcoin ETF

The former BlackRock executive is replacing outgoing CEO Tim Buckley, effective July 8.

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Rafael Cordón: Safeguarding Elections With Bitcoin

Software engineer Rafael Cordón’s Simple Proof system helped prevent fraud in Guatemala’s most recent presidential election. Can this technology be used to insure against election interference in other jurisdictions?

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