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Bitcoin drops to $63K, fails to rebound after Fed hints at future interest rate cuts

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Bitcoin surprised traders by opening the week in the red, and the Federal Reserve’s announcement about future rate cuts failed to reverse the downtrend.

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Coin Market

Gate Ventures, Movement Labs, Boon Ventures to launch $20M crypto fund

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The fund will support protocols targeting the Move programming language and interoperability with the Ethereum ecosystem. 

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Coin Market

Andre Cronje critiques appchains: High costs and liquidity challenges

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While Cronje highlights concerns about L2 appchains, others argue that emerging solutions can address these challenges.

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Coin Market

ZachXBT claims there is an uptick in thieves targetting crypto traders offline 

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Online software development platform GitHub has a list of at least 15 recorded incidents of in person crypto theft in the last year, around 17 in 2023, and 32 in 2021. 

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