In November 2024, hacks accounted for an overwhelming 99.96% of total losses. During the same period, fraud and rug pulls fell significantly, contributing to just $25,300 in total losses across two incidents. According to the latest report by Immunefi shared with CryptoPotato, decentralized finance (DeFi) was the primary victim, with $71 million in total losses […]
The US Customs and Border Protection (CBP) is holding specific imports of Antminer ASIC miners at various ports across the country. Seven US-based bitcoin mining companies, who spoke anonymously, claimed that the Federal Communications Commission (FCC) had directed the CBP to hold certain deliveries of Bitmain ASIC miners. Interestingly, other Chinese producers of ASIC mining […]
Cardano (ADA) has remained in the top 10 cryptocurrencies by market cap despite a brief slowdown this week. Over the past day alone, ADA gained over 7%, depicting its revival with the onset of the bull market. Furthermore, a crucial on-chain metric has reached heights last seen over two years ago, further validating the bullish […]
American crypto exchange Coinbase will stop offering rewards to holders of the USD Coin (USDC) stablecoin located in the European Economic Area (EAA) on November 1. In a note to clients, the exchange explained that the move had been triggered by “new requirements for e-money tokens” that are expected to come into effect with the […]
Boyaa Interactive, a leading Chinese gaming firm on the Hong Kong Stock Exchange, has reallocated a significant portion of its crypto assets from Ethereum to Bitcoin. As per a November 29 filing, the company reported converting 14,200 ETH into approximately 515 BTC in an open-market deal worth more than $49 million. The Ethereum had been […]
Despite bitcoin’s price turmoil over the past week, Ki Young Ju, the founder and CEO of the market analytics platform CryptoQuant, believes the leading digital asset’s dominance is less likely to decline soon. Historical data shows that alternative cryptocurrencies (altcoins) have always rallied when BTC retraces and seen a decline in market dominance during bull […]
It was a crazy week in the cryptocurrency industry, filled with a lot of volatility, a resurgance that the entire community was debating about, as well as the story of the underdog coming back at it. Let’s dive in. First, we have Bitcoin. Its price tried to breach $100K last weekend on numerous occasions, but […]
XRP has rebounded after a period of bearish momentum, jumping 16% in the past 24 hours. That’s the largest one-day gain in the past nine days. However, XRP isn’t the only crypto turning heads. Many traders are eyeing up-and-coming presale projects Flockerz and Crypto All-Stars as candidates for even greater returns. XRP Rebounds & Reaches […]
Retail investors are always looking for the next big thing. And many believe Pepe Unchained (PEPU) could be it. The project has raised over $57 million during its ICO – and one popular analyst speculated that PEPU will explode after it hits the market next month. Pepe Unchained Continues to Gain Momentum After Record-Breaking ICO […]
Approximately 98,500 Bitcoin options contracts will expire on Friday, Nov. 29, in a large end-of-month expiry event. They have a notional value of $9.48 billion, which is more than triple that of last week’s expiry. However, it is still likely to be eclipsed by the end of December’s year-end event. Bitcoin Options Expiry This week’s […]