Search
Decentralization Dilemma: Blockchain Games Require Data For User Acquisition
29.3.2024
Web3 games continue to dominate on-chain activity. According to DappRadar’s recent Game Report, blockchain games accounted for 34% of decentralized application (Dapp) activity last year. The report also notes that Web3 games attracted 1.1 million active daily users in 2023. Source: DappRadar...
Ethena Labs’s Fake ENA token Exploited on Binance Draining $290K: Report
29.3.2024
A fake version of Ethena (ENA) token has been exploited for 480 BNB worth $290,000, on-chain security firm PeckShield flagged on X.
The post Ethena Labs’s Fake ENA token Exploited on Binance Draining $290K: Report appeared first on Cryptonews
TRON Blockchain Accounted for 45% of Illicit Crypto Volume in 2023: TRM Report
29.3.2024
TRM Labs data revealed that 2023 saw illicit crypto volumes drop by a third from $49.5 billion in 2022 to $34.8 billion. However, of all crypto frauds in 2023, TRON blockchain hosted 45%, up from 41% in 2022.
The post TRON Blockchain Accounted for 45% of Illicit Crypto Volume in 2023: TRM Report...
Kevin O’Leary Wants To Buy TikTok and Implement Cryptocurrency Features
28.3.2024
Mainstream cryptocurrency adoption is well underway according to recent findings from a Crypto.com report that show global cryptocurrency ownership increased by 34% last year. According to the report, 432 million people owned crypto in January 2023, a number which rose to 580 million by the end...
Barry Silbert Could Pocket $1 Billion in Personal Gains by Exploiting Bankruptcy System: Report
27.3.2024
Barry Silbert, founder and CEO of crypto conglomerate Digital Currency Group (DCG), stands to potentially gain up to $1 billion through a sophisticated maneuver involving the bankruptcy system.
The post Barry Silbert Could Pocket $1 Billion in Personal Gains by Exploiting Bankruptcy System: Report...
Zokyo clears audit report for IOTA’s EVM L2
27.3.2024
IOTA received clearance from Zokyo after the audit process concluded. This pertains to its EVM L2, which will likely enter the market soon. The development has been shared by IOTA and confirmed by Zokyo. This marks the completion of the final and the most crucial step in preparation for the launch....
UK Government-Backed Technology Group Encourages Tokenization Collaboration Among Firms
26.3.2024
A new report released on Tuesday outlines the recommendations of a technology working group supported by the UK government, which encourages companies to adopt tokenization strategies in collaboration with their industry peers.
The post UK Government-Backed Technology Group Encourages Tokenization...
UK Govt-Backed Report Urges Firms to Execute Tokenization Strategies
26.3.2024
The Technology Working Group's report says firms need to be able to settle transfers on the blockchain via digital money and that funds should be allowed to hold tokenized assets
SWIFT to Launch CBDC Platform in 2025-26: Report
26.3.2024
SWIFT, the global messaging network used by banks, service providers, clearinghouses, corporate business houses, brokers, is planning to launch a new platform to connect central bank digital currencies in the next one to two years.
The post SWIFT to Launch CBDC Platform in 2025-26: Report appeared...
Do Kwon Released From Montenegro Prison With Extradition Verdict Still Underway: Report
25.3.2024
Do Kwon was released from prison in Montenegro on Saturday as the Supreme Court deliberates on extradition requests from the United States and South Korea, according to a Bloomberg report citing prison officials.
The post Do Kwon Released From Montenegro Prison With Extradition Verdict Still...
Report: China Could Be Hoarding Over 5,300 Tonnes of Gold, Might Create Price ‘Perfect Storm’
24.3.2024
A recent report from Jan Nieuwenhuijs, an expert in the Chinese gold market, has found that the actual gold reserves held by the People’s Bank of China might comprise over 5,300 tonnes, dwarfing official numbers. Nieuwenhuijs explains China might be a driving force behind increasing gold...
Report: Bitcoin’s Mining Landscape Braces for Shift as Halving Could Slash 100 EH/s of Hashpower
23.3.2024
Based on a recent analysis, numerous outdated bitcoin mining devices likely powered up in response to the latest uptick in bitcoin’s value. However, with the anticipated block reward halving, it’s projected that around 100 exahash per second (EH/s) of computing power might...
UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency Income
23.3.2024
A report issued by a United Nations panel of experts has concluded that cyber crypto heists have provided 50% of the foreign currency income for North Korea since 2017. The report indicated that North Korean actors have been linked to 17 theft and hack events involving over $750 million in 2023...
Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report
22.3.2024
FTX’s slice of artificial intelligence firm Anthropic is up for sale, and global investors including sovereign wealth funds are lining up for the chance to purchase the shares, according to a new report from CNBC citing unnamed sources
Greenpeace’s Anti-Bitcoin “Mining for Power” Report Receives Fierce Backlash on X
22.3.2024
“Mining for Power,” an anti-Bitcoin report by Greenpeace USA that explains the links between the bitcoin mining industry and fossil fuel companies, has faced a backlash in social media due to its inaccurate portraits of the mining activity. Using community notes, social network users...
Navigating the Bitcoin Halving: Glassnode Report Discusses a New Trading Landscape
21.3.2024
As Bitcoin’s network halving event draws near, Glassnode’s latest report sheds light on the evolving trading strategies in the face of significant demand from ETFs, signaling a pivotal shift in the cryptocurrency market. Glassnode Report Unveils Shift in Bitcoin Trading Strategies...
North Korean Crypto Hackers Have Stolen $3B Since 2017, Says UN Security Council: Report
21.3.2024
A UN Security Council panel is investigating 17 crypto heists in 2023, for which North Korea may have been responsible, which were valued at more than $750 million
Sweden’s Riksbank Releases Final Report on CBDC Project
21.3.2024
Sweden’s Riksbank has released its final report on its central bank digital currency (CBDC), the e-Krona, which focused on offline payments.
The post Sweden’s Riksbank Releases Final Report on CBDC Project appeared first on Cryptonews
SEC Probing Crypto Firms to Classify Ethereum as a Security: Fortune Reports
20.3.2024
The United States Securities and Exchange Commission (SEC) has reportedly served a number of key businesses in the crypto industry with subpoenas in relation to obtaining records about the Ethereum Foundation, a new report reveals. According to Fortune, SEC Chair Gary Gensler is leading the agency...
CoinShares Report: Investors Remain Bullish on Bitcoin Despite Market Downturn
19.3.2024
A report by CoinShares on the performance of Bitcoin investment products sheds new light on how the recently launched spot Bitcoin ETFs, together with bullish investment, have helped the products post all-time high inflows last week. Published yesterday, the digital asset manager’s findings...