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Apple’s App Store promoted fake Bitcoin wallet that stole $1.8M after developer spent a year warning them

Apple’s tightly controlled App Store is facing renewed scrutiny after three Bitcoin holders alleged they lost $1.8 million to a fake crypto wallet, adding to a growing list of malicious wallet apps that have reached users despite the company’s screening process. The lawsuit, filed July 24 in California, accuses Apple of failing to adequately review […]

CryptoSlateCryptoSlateOluwapelumi Adejumo28 Jul

As Senate CLARITY Act odds plunge to 30%, Bitcoin’s refusal to drop signals a stealth upside trap

Bitcoin has largely shrugged off the deteriorating outlook for the CLARITY Act, raising the possibility that traders have already priced another legislative failure into the market. Data from CryptoSlate shows the largest cryptocurrency trading around $63,500 as of press time, above the roughly $61,900 level seen on June 5, when Galaxy Digital put the bill’s […]

CryptoSlateCryptoSlateOluwapelumi Adejumo28 Jul

Bitcoin traders just stripped away crash protection – right as the Fed prepares its most unpredictable rate decision in years

Bitcoin traders have spent the past month reducing protection against a price decline while the Fed has made its next decision harder to predict. The Bitcoin options put-to-call open-interest ratio has fallen to approximately 0.52 from 0.76 in late June, meaning about 52 put contracts remain open for every 100 calls. Meanwhile, Fed Funds futures […]

CryptoSlateCryptoSlateAndjela Radmilac28 Jul

Circle is arming USDC with 1,000 IBM patents to secure its grip on global banking rails

Circle has acquired nearly 1,000 IBM blockchain patents as the USD Coin (USDC) issuer pushes deeper into the infrastructure connecting stablecoins with banks and payment networks. In a July 27 statement, the firm said the portfolio includes more than 680 patent families spanning blockchain technology, banking, financial services, insurance, enterprise infrastructure, supply-chain verification, and secure […]

CryptoSlateCryptoSlateOluwapelumi Adejumo28 Jul

Bitcoin’s $65,000 rebound looks like a relief rally, but Wednesday’s Fed decision could turn it into a trap

Bitcoin reclaimed $65,000 on Monday as a pause in US-Iran strikes revived demand for risk assets ahead of a pivotal Federal Reserve meeting. Data from CryptoSlate showed that the largest cryptocurrency rose about 1% to $65,155, while Ethereum gained 4% to around $1,964, its highest level since early June. The move came as Washington temporarily […]

CryptoSlateCryptoSlateOluwapelumi Adejumo27 Jul