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September 2023 Marks Record-High Crypto Exploits with $329 Million Stolen: Report
2.10.2023
On September 30, CertiK confirmed that a total of approximately $332 million had been lost to various exploits, hacks, and scams throughout September....
Read More: September 2023 Marks Record-High Crypto Exploits with $329 Million Stolen: Report
Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms
21.9.2023
BTC slid to $26,500 as interest rates and the U.S. dollar surged while equities declined
Global Debt Spikes to Record $307 Trillion Driven by US, Developed Nations
21.9.2023
The world’s debt has surged to a record high level in the second quarter, according to the Institute of International Finance (IIF). The increase has also helped lift the global debt-to-GDP ratio which had been declining for seven quarters but is now projected to reach 337% by the end of this year....
Bitcoin Mining Hits Toughest Era: Record Difficulty and Hashrate Peaks Define September 2023
19.9.2023
Bitcoin’s mining difficulty hit a record high after increasing 5.48% to 57.12 trillion. This rise signifies the need for a significant amount of computational power to discover blocks. Meanwhile, the network’s hashrate also reached a record high this past week. Bitcoin Difficulty Jumps...
Coinbase’s Base Blockchain Hits Record High for Daily Transactions, Eclipsing Rivals
15.9.2023
FriendTech, which is only available on Base, is driving a significant portion of the activity, according to IntoTheBlock
Crypto's Liquid Staking Sector Rises to Near Record High with $15 Billion Surge
5.9.2023
While investors continue to withdraw capital from the decentralized finance (DeFi) industry at large, one particular sub-sector is growing at breakneck speed. Here's the latest.
The total value locked (TVL) within liquid staking protocols has ballooned to $20 billion as of September 2022. That’s...
Bitcoin Could Follow Nikkei Path to Record High, Says Analyst
5.9.2023
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has predicted that the price of bitcoin could “follow the path of the Nikkei, which reached a 33-year high in June.” He highlighted that the largest crypto “has had a close directional relationship with the Nikkei 225.” Bitcoin’s...
SEI’s Rocky Start: New L1 Crypto Token Dives 65% in 3 Days Amid Market Turmoil
18.8.2023
The newly listed cryptocurrency SEI took a substantial hit after its debut, plummeting over 65% from its peak value in just three days. The coin’s latest 13% tumble mirrored a decline in the broader crypto market in the last 24 hours. New L1 Token Plummets 65% From Record High Enter SEI, the latest...
Curve Debacle Triggers Transaction Frenzy, Sending Ethereum ‘MEV’ Rewards to Record High
31.7.2023
On July 30, over 6,000 ETH ($11M worth) in so-called Maximal Extractable Value rewards were paid out to Ethereum validators, the most ever for a single day
XRP Futures Set Open Interest Record High for 2023
19.7.2023
Open interest on XRP-based futures contracts crossed the $1.1 billion mark in the past 24 hours
Egypt Struggles With Skyrocketing Inflation and Depreciating Currency, While Bitcoin Nears Record High in the Country
11.7.2023
According to the Egyptian Statistics Bureau, Egypt’s annual inflation rate hit 36.8% in June, a staggering 33.7% increase from May’s inflation rate, breaking records. Egypt, the world’s 14th most populous country, grapples with soaring prices for goods and services across...
Bitcoin Mining Difficulty Set to Surge: Record-Breaking Increase Looms, Erasing Recent Reduction
10.7.2023
According to data recorded on July 9, 2023, Bitcoin’s next difficulty adjustment is estimated to rise between 4.74% and 7.7%, erasing the 3.26% reduction that occurred on June 28. Moreover, the total network hashrate achieved a 24-hour all-time high on July 8, reaching 538 exahash per second...
'AI Jobs' Search Hits Four Times Higher than 'Crypto Jobs' During Bitcoin's Record High
6.7.2023
The rise of artificial intelligence (AI) has outshined the once dominant crypto narrative, a new study shows.
The study, conducted by analyzing Google Trends data, compared the search interest in AI and crypto jobs to provide insights into the levels of interest in these sectors.
It found that...
Bitcoin Difficulty Takes a Dip: Network’s First Downward Adjustment in 56 Days Signals Easier Mining Ahead
29.6.2023
On June 28, 2023, Bitcoin saw its first downward difficulty adjustment in 56 days, or since May 4, with a decline of 3.26%. This modification lowered the network’s difficulty to 50.65 trillion from its record high of 52.35 trillion on June 14. Bitcoin Mining Gets a Breather: Difficulty...
Yuan Usage Soars in Argentina: Over 500 Companies Request to Pay for Imports in Chinese Currency, Report
27.6.2023
Over 500 companies in Argentina have reportedly requested to pay for imports using Chinese yuan as the U.S. dollar shortage worsens. “The central bank doesn’t have dollars so it needs the emergency aid China is offering,” a trade economist in Buenos Aires explained. Chinese Yuan Usage Hits Record...
Record High Credit Card Debt: 55% of Americans Concerned About Repayment as Inflation Pushes Consumers to Credit Reliance
24.6.2023
According to a Newsweek poll conducted by Redfield & Wilton Strategies, 55% of Americans are “very” or “fairly” concerned about paying off credit debt this year. The total credit card balance of Americans is at its highest point since the U.S. Federal Reserve began...
TRC-20 USDT circulation hits record high 5 years after Tron mainnet launch
31.5.2023
Over 60% of USDT's supply is currently issued on the Tron blockchain, according to Tether data
Bitcoin Mining Set to Hit New Record High – What’s Driving the Surge?
30.5.2023
The Bitcoin mining difficulty is about to be adjusted to a fresh record high, reflecting a continued rise in the number of mining machines competing to secure the network.
According to data presented by CoinWarz.com, the BTC mining difficulty will be lifted from its current level of 49.55 trillion...
Litecoin Transactions Hit Record High as Bitcoin Fees Surge Amid BRC-20 Frenzy
9.5.2023
Transaction fees on the Bitcoin blockchain have hit a two-year high due to the growing popularity of so-called BRC-20 tokens
Bitcoin Held on Binance Surges to Record High of 692K BTC: Glassnode
28.4.2023
The tally has increased by over 50,000 BTC in four weeks, reversing the exodus seen late last year