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Report: Australian Police Seize Crypto Worth $1.5 Million From Dark Web Drug Dealer
10.10.2023
The police in the Australian state of South Australia recently seized cryptocurrency worth $1.5 million from an alleged dark web drug dealer. Police also recovered a “large quantity” of the synthetic opioid nitazene as well as tens of thousands of dollars in cash. ‘Illicit...
SHIB and whale activity prices show no positive movement
9.10.2023
Shiba Inu has just witnessed one of the most inactive periods as a meme coin. Its whale activity and significant transactions have drastically fallen. The latter was seen flagging just 20 transactions on record. Significant transactions ideally denote major or high-volume transactions that happen...
Avalanche Price Prediction as AVAX Pumps Another 5.5% on SocialFi Hype and Rising On-Chain Activity
6.10.2023
AVAX, the native token that powers high throughput layer-1 blockchain protocol Avalanche, has pumped another 5.5% on Friday, takings its gain on the week to close to 10%, as the launch of a new SocialFi (web3 social media platform) called Stars Arena on its blockchain generates hype.
As...
Dubai Regulator Blocks the Sale and Distribution of Islamic Coin
6.10.2023
Dubai’s Virtual Assets Regulatory Authority (VARA) recently said the company distributing and marketing islamic coin (ISLM) lacks the authority to do so. VARA said Bored Gen DMCC must cease marketing activity until it obtains the appropriate approvals. The steps taken by the regulator came...
Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity
5.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police...
Friend.tech clone Stars Arena drives surge of activity on Avalanche
5.10.2023
The price of AVAX has surged more than 8% amid heightened network activity brought about by Friend.tech look-alike Stars Arena
Suspicious Activity: FTX Hacker Moves 22,500 ETH Worth $37 Million – What's Going On?
3.10.2023
In a series of concerning transactions, the hacker or group of hackers believed to be behind last year’s infamous FTX hack has moved millions of dollars’ worth of stolen crypto.
In the past few days, the so-called FTX hacker has transferred 22,500 Ether (ETH), equivalent to about $37 million...
Hong Kong's Crypto Advancements Could Boost East Asian Crypto Activity, Says Chainalysis Report
3.10.2023
A recent report from Chainalysis suggests that Hong Kong could play a significant role in reviving crypto activity in the East Asian region, which has faced challenges due to a China-wide ban on crypto trading activities since 2019....
Read More: Hong Kong's Crypto Advancements Could Boost East...
Today in Crypto: Kazakh Mining Firms Stop Machines and Ask the President to Cut Energy Prices, Chainalysis Finds 'Notable' Decline in Eastern Asia’s Crypto Activity
3.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Kazakh Mining Firms Stop Machines and Ask the President to Cut Energy Prices, Chainalysis Finds 'Notable'...
Hong Kong could be a ‘tailwind’ for lagging crypto activity in Asia: Chainalysis
3.10.2023
Crypto activity in East Asia fell from its perch after China began its crusade against crypto in 2019. Recent moves by Hong Kong could help reverse that trend, said the blockchain analytics firm
MATIC Holds Still Above $0.50 As Renewed Chain Activity Attracts Bulls
27.9.2023
Polygon (MATIC) has maintained its stance above $0.50 despite recent bearish pressure which some observers suggest could see the token fall below the support level.
At press time MATIC trades at $0.51 after recovering a slight decline below $0.50 this month. Despite this, MATIC holders have...
Decade-Old ‘Sleeping Bitcoins’ Awaken: $8 Million Moved From 2012 Addresses
25.9.2023
In 2023, there’s been a marked uptick in activity from so-called ‘sleeping bitcoins’ that date back to 2012. After eight transactions totaling 520 BTC from 2012 spent four days ago, an address from 2012 moved 149.99 BTC at block height 809,204 on Sunday afternoon. The wallet...
Diminished Activity, L2 Migration Push Ethereum to Turn Inflationary
24.9.2023
Recently, Ethereum has seen a shift towards inflation, sparked by a dip in network activity and onchain fees. Data reveals that, with decreased activity and lower fees, Ethereum’s inflation rate stands at 0.270%. The decline in overall activity and people transitioning to layer two (L2)...
DeFi activity on the decline, but investment rolls in: Finance Redefined
23.9.2023
The total value locked in DeFi plunged by nearly $5 billion in the past week, falling to $44 billion, according to DappRadar data
Ethereum's Shanghai Upgrade Has Failed to Boost Network Activity, JPMorgan Says
22.9.2023
Daily transactions, daily active addresses and total value locked on the blockchain have all fallen since the upgrade, the report said
GRO looks at ceasing official activity amid sector-wide slump
21.9.2023
GRO has decided to shut down all of its present business-related activities following the slow downfall of the DeFi arena. Their plan is to return the remaining treasury to the GRO token owners, who can then have the option of transferring it to a redemption contract. In the case of the DeFi arena...
First Mover Americas: Friend.tech Drives Up Coinbase’s Base Blockchain Activity
18.9.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Stablecoin Ecosystem Holds Firm Despite Lackluster Activity
17.9.2023
The stablecoin economy has remained relatively lackluster over the past 30 days, fluctuating slightly above or slightly below the $124 billion range. In the last 24 hours, the global trade volume for fiat and commodity-pegged tokens has reached $11.55 billion. Stablecoin Market Shows Resilience...
Debunking Crypto Myths: An Analysis of Kenyan Interior Minister’s Crypto Activity and Terror Funding Argument
17.9.2023
Despite Kenyan Interior Minister Kithure Kindiki’s recent attempt to revive the old crypto terrorism funding narrative, evidence suggests that criminal elements primarily use conventional financial systems when transferring funds. Contrary to Kindiki’s claims, crypto transactions...
DeFi economic activity drops 15% in August: VanEck
16.9.2023
According to an analysis from investment manager firm VanEck, exchange volume across DeFi protocols declined to $52.8 billion in August, 15.5% lower than in July