Stake, a crypto betting platform, was hacked to the tune of $41.3 million, according to blockchain security firms. The platform was able to resume services only five hours after the incident. Stake confirmed that user funds remain safe and that their Bitcoin, Litecoin, and XRP wallets were not impacted. Analysis by Beosin calculated the total […]
The Bitcoin network has hit a new milestone as the total number of holders now exceeds the population of Spain. According to an analyst, the total number of Bitcoin addresses carrying a non-zero balance is now higher than the entire population of Spain, which is around 47.5 million. This count includes all types of BTC […]
Binance CEO Changpeng Zhao has expressed his optimism for decentralized finance (DeFi) following a recent court ruling on an investor suit against the decentralized crypto exchange (DEX) Uniswap. Last week, Judge Katherine Polk Failla of the Southern District of New York dismissed the case that sought to make Uniswap (UNI) accountable for the financial losses […]
THORChain (RUNE), Toncoin (TON), and Everlodge (ELDG) are three tokens that have seen significant price rallies in the past few weeks. RUNE has increased by 65% in the last 30 days, while TON has seen over 40% price growth within the month of August. Meanwhile, over 25 million ELDG tokens have been sold so far […]
Cryptocurrency continues to be a hot topic as we approach 2025. Bitcoin, the first and most well-known cryptocurrency, is poised for significant growth, with analysts and investors widely agreeing that its halving event could propel its price to new all-time highs, possibly exceeding $100,000 by the end of 2024. Meanwhile, Borroe’s $ROE AI altcoin is […]
Cardano’s native token has recently seen a notable decline in its value, dropping by approximately 17% over the last month. However, the on-chain activity has defied expectations, with a 1,700% surge in its weekly transaction volumes since late January. Data suggests that trader interest in the crypto asset has remained unfazed by the depreciation in […]
A recent tweet by Chinese journalist Colin Wu provided an update on a significant crypto hack that took place in August. The hack targeted BitBrowser, a platform frequently used by cryptocurrency enthusiasts who participate in airdrops. The perpetrators of the breach transferred 236.27 Ethereum tokens, worth approximately $386,000, to a crypto mixer named eXch in […]
The cryptocurrency market is undergoing a shift, with the derivatives market playing a key role in Bitcoin’s price. Futures, options, and perpetual futures are all evolving in tandem with Bitcoin, and a key metric is providing insight into the market’s health. This decrease in leverage could have implications for traders and institutions, as it reflects […]
A large sum of Shiba Inu Tokens (SHIB) valued at millions was transferred from the popular crypto exchange Bitvavo to an unidentified wallet. According to wallet tracker Whale Alert, the total number of SHIB transferred is about 4.6 trillion, valued at roughly $35.7 million.Further examination of the recipient address revealed that the wallet is newly […]
Ripple Labs, a blockchain company based in San Francisco, recently transferred nearly 30 million XRP, amounting to $15,040,591 in value, to Bitstamp, a major cryptocurrency exchange. This appears to be a sale, as Whale Alert, a prominent blockchain tracker, identified multiple XRP transactions of similar magnitude during August. Despite a prior 4.73 percent increase since […]
