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Bitcoin, Ethereum Investment Products See Outflows, Altcoins Defy Bearish Trend

Outflows in digital asset investment products continued for the third week in a row. The latest weekly outflow of $435 million marked the highest outflow since March. According to the latest report by CoinShares, the trading volumes in Exchange-Traded Products (ETPs) dropped to $11.8 billion last week from $18 billion the previous week, with Bitcoin […]

Bitcoin, Ethereum Investment Products See Outflows, Altcoins Defy Bearish Trend

Outflows in digital asset investment products continued for the third week in a row. The latest weekly outflow of $435 million marked the highest outflow since March. According to the latest report by CoinShares, the trading volumes in Exchange-Traded Products (ETPs) dropped to $11.8 billion last week from $18 billion the previous week, with Bitcoin […]

Co-Founders of Crypto Mixing Service Face Money Laundering Charge Following Arrest

United States prosecutors have alleged that two co-founders developed a crypto mining service called Samourai Wallet that conducted unlawful transactions worth $2 billion. The co-founders each face charges of money laundering and unlicensed money transmitting business, with the former carrying a maximum prison sentence of 20 years. Samourai Wallet Allegedly a ‘Safe Haven’ for Criminals […]

Over 45,000 Liquidated Traders as Bitcoin (BTC) Slides Below $62K and Meme Coins Bleed Out

More than 45,000 over-leveraged traders have been liquidated in the past 24 hours as the cryptocurrency market turned red again. Some of the biggest daily losers come from the ever-volatile meme coin industry, with BONK, PEPE, and FLOKI leading the adverse trend. Bitcoin/Price/Chart. Source: TradingView CryptoPotato reported the substantial gains charted by most larger-cap cryptocurrencies […]

Binance Faces Stiff Competition as This Bitcoin Metric Declines: Kaiko

Binance’s dominance in Bitcoin trading outside the U.S. is dwindling as offshore exchanges expand their reach and regulatory landscapes evolve, reshaping the competitive dynamics of the digital asset industry. According to data from Kaiko, Binance, once dominating Bitcoin trading markets outside the U.S., has witnessed a decline in its share of BTC trading over the […]

SlowMist Exposes Scam Using Malicious RPC Node Modifications

SlowMist, in collaboration with imToken, has uncovered a new breed of cryptocurrency scam that targets users in physical offline transactions, utilizing USDT as the mode of payment. This fraudulent scheme operates by tampering with Ethereum node Remote Procedure Calls (RPC) to defraud unsuspecting victims. Scammer’s Strategy Initially, the scammer persuades the target to download the […]

Institutional Interest in Crypto Assets Surges in Canada: KPMG Report

Institutional investors in Canada substantially increased their cryptocurrency exposure last year compared to the previous bull market cycle, according to a recent survey by accounting firm KPMG. The consulting group’s bi-annual survey, “Institutional Adoption of Cryptoassets,” received 65 responses, including 31 institutional investors managing over $500 million in assets and 34 financial services organizations. Institutional […]