“The old money flow cycle is breaking,” crypto trader ‘Koroush AK’ told his 376,000 X followers on Wednesday, referring to the previous pattern of money rotating from Bitcoin to Ether and then to altcoins. “Now we have to navigate isolated mini-cycles where only some sectors pump while others get left behind,” he added. The flow […]
US Commerce Secretary Howard Lutnick has stated that the department plans to issue economic data on the blockchain for further transparency and easier access. “The Department of Commerce is going to start issuing its statistics on the blockchain, because you are the crypto president, and we are going to put our GDP on the blockchain.” […]
Crypto markets are preparing for a wave of selling pressure as more than $998 million worth of token unlocks hit circulation between August 25 and August 31, according to data from Tokenomist. The largest scheduled releases include Sui (SUI), Optimism (OP), Jupiter (JUP), and Huma Finance (HUMA). Heavy Unlock Schedule The token activations consist of […]
XRP struggled to sustain its recent momentum as it failed to reclaim the $3 mark. After enjoying a relatively strong weekend that kept sentiment leaning positive, selling pressure emerged on Monday, which pushed the price back down to $2.95. The correction phase may not be over yet, as on-chain data points to rising exchange inflows […]
The Ethereum Foundation (EF) has revealed a plan for the next stage of its Trillion Dollar Security (1TS) project. This follows an ecosystem survey conducted to identify the most urgent issues within Ethereum’s infrastructure. Wallet Security Standard In an August 20 blog post, the EF announced that the security initiative’s first actions will mostly target […]
Social engineering scams have proved to be one of the damaging attack vectors in crypto, which are capable of bypassing technical defenses and draining platforms or users of staggering sums. In the latest development, a victim lost 783 Bitcoin, worth approximately $91 million, in such an attack. Hackers Impersonate Wallet Support Prominent on-chain investigator ZachXBT […]
Authorities from the island nation have issued a notice for a substantial amount of Bitcoin lost due to a sophisticated attack. This event adds to the already long list of similar attacks the year has seen so far, and worryingly, continues to see. The Losses Increase Financial crime continues to weigh heavily on the crypto […]
The three largest cryptocurrencies by market capitalization now have a spot among the top 100 global financial assets by that metric. That became possible as Ripple’s native token jumped to a market cap of almost $180 billion, which helped it surpass several well-known names such as Allianz SE, Accenture, and Boston Scientific. Ripple Enters Top […]
A Bitcoin wallet from several years ago showed activity just today, selling at a substantial profit and shifting strategies towards the second-largest crypto asset by market capitalization. Ethereum, the asset of choice, has meanwhile been garnering considerable attention from institutions and retail investors alike. Change of Heart A dormant BTC whale has resurfaced today, as […]
Kanye West’s YZY token has created one of the most talked-about moments in the crypto market this year. Its ripple effects have been most visible in Solana’s decentralized exchange (DEX) ecosystem. Meteora in Spotlight According to DeFiLlama data, the launch of YZY injected so much liquidity and speculative frenzy into Solana that Meteora, a rising […]