The biggest news in the past 24 hours involved the Republican presidential candidate in the US – Donald Trump – who was shot at during a rally in Pennsylvania. The news made all headlines in the past several hours and even resulted in massive volatility in the crypto markets during the weekend, which is quite […]
A Dutch court has denied bail for Tornado Cash developer Alexey Pertsev, who was convicted of money laundering in May. This decision is a significant setback for Pertsev, who has been held in custody for the past two months without computer or internet access despite being requested in order to prepare for his defense. Pertsev […]
According to a recent survey by CoinGecko, only about half of investors are actually bullish about the current crypto market. The study, which featured 2,558 people, was conducted over the last two weeks, from June 25 to July 8. Crypto Investors Lead Bullish Outlook The CoinGecko report highlights that 49.3% of crypto participants are still […]
According to a report by a Malaysian news outlet, MalayMail, Bitcoin and crypto mining operations were mostly responsible for the massive electricity theft in the country between 2018 and 2023. Despite the crackdown, crypto mining and general services are not illegal in the Asian country. Bitcoin Mining Using Stolen Energy Akmal Nasrullah Mohd Nasir, the […]
The global crypto trading volume is projected to surpass $108 trillion this year, reflecting an increase of nearly 90% compared to 2022, as reported by CoinWire. Europe has taken the lead in this growing market, representing 37.32% of total crypto transaction value, and is projected to see a 2.7-fold increase this year from 2022. Russia […]
Even with several high-profile collapses and de-pegging events in recent years, stablecoins have continued to capture market share from fiat, reflecting strong demand increasingly. Although the stablecoin market is still highly concentrated, with Tether’s USDT at the forefront, its dominance has been eroding over the last two years. In fact, Kaiko’s latest data shows a […]
After a decade of waiting, July might finally bring restitution to the users of the now-defunct Mt. Gox exchange. However, it appears that market players are on edge regarding the distributions and fear further sell-offs. It is important to understand that Bitcoin has already been on a decline since the beginning of June and has […]
Private key leaks were identified as the leading cause of crypto thefts in the second quarter of 2024 by cybersecurity firm SlowMist’s investigative branch, MisTrack. The report highlighted many instances wherein users stored their private keys or mnemonic phrases in cloud storage services like Google Docs, Tencent Docs, Baidu Cloud, and Shimo Docs. Private Key […]
The US spot Bitcoin ETFs experienced a net outflow of $20.45 million on Wednesday. Interestingly, only two of them showed activity amid market uncertainty. Grayscale’s GBTC saw a $26.99 million exit, while Fidelity’s FBTC gained $6.55 million. The remaining nine funds, including BlackRock’s IBIT, Bitwise’s BITB, and VanEck’s HODL, reported no flows. US Bitcoin ETFs’ […]
Crypto market intelligence provider IntoTheBlock published a report on Thursday comparing the best risk-adjusted methods to earn yield in the world of decentralized finance (DeFi). Despite the “nearly infinite number of composable strategies” the firm claims its most optimal to stick to “straightforward strategies,” that boil down to “only a handful of different primitives.” The […]