Author: American Coins & Gold

Post WazirX Hack, India's CoinDCX Starts Investor Protection Fund With M
Indian crypto exchange CoinDCX’s co-founder Sumit Gupta has told CoinDesk that his company has established an investor protection fund, saying that if other exchanges did this too “it would be better for the eco system.”

Semler Scientific Studied MicroStrategy’s Success Before Adopting Bitcoin Strategy
It was more than two years before Bitcoin’s birth when Dr. Herbert Semler, who served as a flight surgeon in the Korean War before leading cardiology at a Portland hospital, co-founded Semler Scientific in 2007.Seventeen years later, the medical device manufacturer has converted much of its cash holdings to bitcoin and aims to buy a lot more.

Blockchains Against Corruption
From currency risk to judicial risk, companies face all sorts of unforeseen macro threats, particularly in an election year. Decentralized tech can ease the burden, writes Paul Brody, head of blockchain at EY.

Bitcoin Miner Core Scientific Shares Spike After Signing B of Additional Computing Contract
The extension of the previous deal with CoreWeave brings total revenue potential for the miner to more than $6.7 billion over 12 years.

Crypto Industry Tries to Tally Final Wins As U.S. Congressional Primaries Wind Down
After a very tight victory last week in Arizona that’s now facing a recount, the cryptocurrency industry’s political forces are shifting their attention toward some of the final U.S. congressional primaries of 2024, including Tuesday’s elections in Missouri and Washington state.

Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn't Buy the Dip
Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted.

Kamala Harris Taps Minnesota Governor Tim Walz as Running Mate
Vice President and Democratic nominee Kamala Harris has chosen Minnesota Governor Tim Walz to join her on the campaign trail.

CoinDesk 20 Performance Update: RNDR Bounces 14.2%, Leading Index Higher
CoinDesk 20 sees a broad rally, with RNDR up 14.2% and SOL up 8.3%.

Trump-Themed ‘DJT’ Token, Issued by Martin Shkreli, Suddenly Dives 90%
A single wallet sold $2 million worth of the token earlier Tuesday, causing market capitalization to fall from $55 million to as low as $2 million almost instantly.

Crypto Bank Anchorage Adds Custody for Solana-Based Tokens
Anchorage began adding custody support for Solana-based tokens in 2022 and only added staking support last year