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One in Six BTC on Centralized Exchanges Despite FTX Collapse

Nearly 3 million Bitcoin (BTC), worth approximately $200 billion and representing 15% of the circulating supply, currently sits on centralized exchange platforms. The concentration of assets on trading venues reveals that, despite the shock of the FTX collapse in 2022 and years of industry messaging around self-custody, about one out of every six BTC in […]

Dragonfly Capital Launches $650M Crypto Fund Amid Market Turmoil

Crypto venture capital firm Dragonfly Capital has closed its fourth fund at $650 million. The fund comes as the broader cryptocurrency market faces a severe downturn, with token prices declining and investor enthusiasm weakened. $650 Million Fund Dragonfly’s previous fund, its third, deployed $500 million into startups such as Polymarket, Rain, and Ethena. The new […]

Crypto Predicted the Fentanyl Slowdown Months Before Overdose Deaths Fell: Chainalysis

Cryptocurrency payments to suppliers of fentanyl precursor chemicals began falling in mid-2023, months before overdose deaths declined. This pattern suggests that blockchain data may provide an early signal of disruptions in the illicit drug supply, according to a new report from Chainalysis. Early Disruption in Fentanyl Supply The blockchain data company observed a measurable drop […]

Is the Pi Network Dream Over? Core Team’s Anniversary Post Met With Fury From Pioneers

The team behind the controversial project posted a celebratory message a few days ago, marking the first anniversary of the Open Network’s launch. However, many users questioned the project’s actual use case once again and lashed out at the lack of migration progress. Open Network Celebrates 1st Birthday In its blog post, the team began […]

Inside Vitalik Buterin’s Wallet: How Much Ethereum (ETH) Does He Actually Own?

Ethereum co-founder Vitalik Buterin holds more than 240,000 ETH, currently valued at approximately $467 million, according to blockchain intelligence platform Arkham’s investigation into his on-chain holdings. The analysis established Buterin as the largest accessible individual holder of Ethereum, though institutional players and exchange wallets dominate the top rankings of ETH ownership. Buterin’s Portfolio Composition and […]

Official Trump (TRUMP) Soared 10% After POTUS Teased Alien Disclosure: Details Here

Several Trump-related meme coins experienced a significant resurgence on Friday, following an intriguing announcement made by the President of the United States. However, the asset lost almost all gains in the following hours, perhaps driven by a blow against Trump from the US Supreme Court. The Trump Effect or Just a Coincidence? Official Trump (TRUMP) […]