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DeFi Market Recovers From 30-Month Low as Volume Hits Highest Point Since March
30.10.2023
The total value of all assets locked on decentralized finance (DeFi) protocols has surged to a three-month high of $42 billion after being at its lowest point since February 2021 just two weeks ago
Bitcoin’s Climb to $35,000 Fuels Surge in Crypto Trading Activity – Is the Bull Market Starting?
30.10.2023
The cryptocurrency market has found new momentum by a recent rally that propelled Bitcoin’s value towards the $35,000 mark. The surge in price has not only caught the attention of investors but has also sparked a renewed interest in crypto trading, leading to a significant increase in daily...
LastPass Data Breach Results in $4.4 Million Crypto Loss for 25 Victims in a Single Day
30.10.2023
Around 25 individuals have reportedly lost $4.4 million in cryptocurrency from a total of 80 wallets, all due to the 2022 data breach that affected the password storage software LastPass. On October 27, in a Twitter post, the on-chain sleuths ZachXBT, along with MetaMask developer Taylor Monahan...
Kraken will share data of 42,000 users with IRS
30.10.2023
The information will be sent to the Internal Revenue Service in early November
From Venezuela’s 360% to Ghana’s 42%, 10 Countries Worldwide Feel the Sting of Inflation
29.10.2023
Drawing upon the latest statistics, ten nations are grappling with inflation rates surpassing 40% as of October 2023, while four countries are enduring inflation rates in excess of 100%. A look into the data curated by the International Monetary Fund’s World Economic Outlook reveals that...
Sky-High Surges to Staggering Losses — Unpacking the Crypto Market’s 300-Day Journey
28.10.2023
Year-to-date, the dynamic landscape of crypto data reveals a 106% surge in bitcoin (BTC) value against the U.S. dollar. However, it’s noteworthy that it does not clinch the title of the top performer in this period. A closer look at the metrics since the dawn of the year illuminates...
Wall Street Journal corrects article misciting Hamas' crypto terrorism funding data
28.10.2023
Elliptic, the firm which Wall Street Journal sourced the data from, said it was “pleased” to see the news outlet acknowledge its mistakes
As Dogecoin and Other Meme Coins’ Popularity Decreases, are AI Cryptos The Next Big Thing?
28.10.2023
Top crypto coins that started as internet memes, like Dogecoin and Shiba Inu, unexpectedly became household names in previous bull runs. They symbolized the unpredictability and dynamism of the crypto sphere. However, as recent data suggests, the luster of meme coins seems to be waning. An evident...
Trezor Initiates Investigation as Phishing Campaign Targets Crypto Hardware Wallet Users
28.10.2023
Trezor, a cryptocurrency hardware wallet company, is currently investigating a potential data breach due to an ongoing email phishing campaign. On October 26, the anonymous blockchain investigator ZachXBT reported a phishing attack targeting Trezor users via his Telegram channel. ZachXBT cited...
Plus: ARK: Survival Ascended's stealth-drop surprise!
27.10.2023
And lots of other data from Steam (and other platform) wins
FTX’s Cold Wallets Relocate $19 Million to Various Exchanges – What’s Going On?
27.10.2023
The group overseeing the cold wallets tied to bankrupt crypto exchange FTX has sent over $19 million worth of crypto to various exchanges, according to blockchain data. On-chain analytics firm Peckshield reported that around 470,000 SOL tokens, with a value of around $15.5 million, were moved...
Kraken to Release User Data to IRS in Compliance with June Court Mandate
27.10.2023
Kraken will provide user data to the IRS after a legal battle over crypto tax reporting. Image by Michael O’Keene, Adobe Stock.Major U.S. cryptocurrency exchange Kraken will provide limited user information to the Internal Revenue Service (IRS) next month following a court order received...
Goldman Sachs Analysis: Ethereum’s Path to Scalability
27.10.2023
Ethereum (ETH) ‘s upcoming Dencun upgrade, expected in the first quarter of 2024, will play a crucial role in the blockchain’s journey towards scalability as a settlement layer. In a recent note, Goldman Sachs highlighted the primary impact of the Dencun upgrade, which is increasing...
Fintech, DeFi, GameFi, and more: Web3 startups kick off Cointelegraph Accelerator second cohort
27.10.2023
Sixteen startups selected from over 1000 applications will present their projects to a global audience
Today in Crypto: Digital Asset Product AUM Surged to $31.7 Billion in October, Binance Validated 300 User-suggested Features
27.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Investment news In October, the total assets under management (AUM) for digital asset products surged by 6.74% to reach...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of US Consumer Sentiment Report
27.10.2023
Bitcoin slipped below the $34,000 level earlier in today’s session, ahead of the upcoming consumer sentiment report in the United States. Data on Thursday showed that the U.S. economy grew at a rate of 4.9% in Q3, largely driven by consumer spending. Ethereum moved below the $1,800 level...
No Evidence Hamas Received Significant Crypto Donations: Elliptic Says Data Has Been Misrepresented
27.10.2023
Blockchain analytics firm Elliptic says there is no evidence that Hamas has received significant volumes of cryptocurrency donations, emphasizing that crypto data it provides on the matter has been misrepresented. Noting that crypto accounts linked to Hamas have been seized or frozen, Elliptic...
Binance’s Stablecoin BUSD Market Capitalization Slides 90% from Peak – Will it Affect Binance Exchange?
26.10.2023
Binance USD (BUSD) , the stablecoin issued by Paxos for crypto exchange Binance, has seen a decline in market capitalization of more than 90% from its peak last year. According to CoinGecko data, BUSD’s market cap has plummeted from an all-time high of $23.5 billion, recorded on November...
Media Reported Hamas Got Millions Via Crypto, but the Data Provider They Cited Says It Was Misconstrued
26.10.2023
After Hamas' deadly attacks in Israel, media reports linked the terrorist group with tens of millions in crypto donations, but that data was misinterpreted and hugely exaggerated, according to the blockchain analytical firm that was cited
Bitcoin Dominance Reaches 54% as Leading Cryptocurrency Sustains Rally Amid Spot ETF Optimism
26.10.2023
Bitcoin (BTC) ‘s market dominance has reached 54%, its highest level in more than two and a half years. According to data from TradingView, Bitcoin’s dominance currently stands at 53.76%, down by almost 1% over the past day. The chart shows that Bitcoin dominance reached as high...