Israel's Defence Minister, Yoav Gallant, announced that the nation's defence establishment successfully thwarted a sophisticated digital currency network linked to Hezbollah and the Iranian Quds Force. Israel Strikes Crypto GoldmineSeizes $1.7 million from Hezbollah and Iranian Quds Force As per a report by Semafor earlier in June, FTX was anticipated to garner a sum in the “nine figures” from the stake sale. Before the sale was halted, several prospective buyers had spent months evaluating confidential data concerning FTX's stake in Anthropic. The decision was communicated to bidders by Perella Weinberg Partners, an investment banking advisory to FTX, sources said. Read details hereĬorporate WatchEmerging AI powerhouse Anthropic's stake sale stopped by FTXĬrypto exchange FTX which declared bankruptcy in November has suddenly stopped the sale of its highly coveted asset, a share in the artificial intelligence start-up Anthropic. “This collaboration not only marks a significant milestone for Tether but also reinforces its position as a pioneering infrastructure partner for cities and nations globally,” said Ardoino. He emphasised that this partnership signifies a momentous achievement for Tether, and reflects its dedication to being an infrastructure ally for cities and countries across the globe. Paolo Ardoino, Tether’s CTO, conveyed the company’s intention to work closely with the Georgian government to establish a thriving peer-to-peer technological ecosystem. Stablecoin issuer Tether has signed a MoU with the Government of Georgia aimed at establishing the country as a nexus for blockchain and peer-to-peer technologies, and spur innovation and economic expansion. Check moreīig StoryTether-Georgia Partnership: A major leap in building a global blockchain ecosystem
Ether (ETH), which holds the position of the second-largest cryptocurrency by market capitalisation, managed to weather the storm somewhat more resiliently compared to its altcoin counterparts, though it still fell short of Bitcoin's performance by decreasing 3.2 percent. Among the leading 20 cryptocurrencies, Cardano's ADA, Polygon's MATIC, and Avalanche's AVAX were the most adversely impacted, shedding 6 percent, 7.7 percent, and 8 percent of their value respectively. Particularly noteworthy is the 10 percent plummet in the value of Optimism network’s OP token. Altcoins, often known as alternative cryptocurrencies to Bitcoin, faced a sharp decline ranging from 5-10 percent compared to the previous day. This downtrend in Bitcoin provoked an abrupt wave of selling in the altcoin domain. The currency did manage to recover some ground and hovered just over $30,000. According to CoinDesk Indices data, Bitcoin touched the depths at $29,874, registering a 1.8 percent fall within the last 24 hours. In a recent wave of market activity, Bitcoin (BTC) experienced a slump, dipping below the $30,000 mark, which subsequently unleashed a cascade of declines among smaller digital currencies. Market BuzzBitcoin dips below $30k triggering Altcoin avalanche
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