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Binance to Gradually Phase Out Support for BUSD Stablecoin
31.8.2023
The world’s largest cryptocurrency exchange by global trade volume, Binance, has announced it is discontinuing support for the stablecoin asset BUSD. The trading platform is encouraging users to swap their BUSD as Binance gradually phases out BUSD markets. BUSD Support Ending on Binance...
Glassnode and Ark Invest Introduce ‘Cointime Economics’ — A New Model to Measure Bitcoin’s Value
27.8.2023
Researchers from Glassnode and Ark Invest have collaborated to develop a new economic model for analyzing Bitcoin’s onchain metrics called “Cointime Economics.” The framework offers an alternative way to measure the economic activity and value of bitcoin based...
ARK, Glassnode propose Bitcoin economic analytics framework using new metric
24.8.2023
In Cointime Economics, the time Bitcoin has been held is considered when it is transacted, giving hodlers’ transactions greater weight
As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn
21.8.2023
Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second most prolific day for inscriptions ever. Additionally, over the past seven days, Ordinal inscriptions represented a hefty 53.9% of all transaction...
Tether CTO Paolo Ardoino says Bitcoin mining needs better analytical tools
17.8.2023
Stablecoin operator Tether is building specialized Bitcoin mining software aimed at using data analytics to optimize mining operations and boost production, CTO Paolo Ardoino says
Web3 Utility Coin LPX Raises $1.2 Million in Funding for AI Trading Analytics Platform – Here's What You Need to Know
7.8.2023
Web3 represents the new age of internet technology where everything is decentralized. Unlike traditional internet services where a few companies control data, Web3 allows people to own and control their data. ...
Read More: Web3 Utility Coin LPX Raises $1.2 Million in Funding for AI Trading...
Report: US ETFs Signal Renewed Bitcoin Interest; BTC’s Limited ‘Hot Supply’ Eyes Bull Market
6.8.2023
As interest in bitcoin exchange-traded funds (ETFs) heats up, a new report from blockchain analytics firm Glassnode examines how much bitcoin is actually available for purchase. The report, titled “How Many Bitcoin Are For Sale?” published on June 26, 2023, looks at exchange flows...
Curve DAO is Going to Zero After Blockchain Exploit and AI Crypto Analytics Platform yPredict Just Raised $3.2 Million – How Does it Work?
31.7.2023
Markets have been fuelled with anxiety this morning, after a tumultuous cyber exploit on the weekend which saw multiple Curve liquidity pools raided for $47m.
Cyber security experts have now traced the source of the issue back to vulnerabilities in the Vyper (programming language) smart contracts...
Worldcoin’s Launch Propels Optimism to Record-Breaking Daily Transaction Volume
28.7.2023
With the recent launch of Worldcoin’s token, worldcoin (WLD), Optimism has experienced a surge in daily transactions, reaching an all-time high on July 27. Data reveals that 944,000 Optimism transactions were processed on Thursday, with WLD transfers closing in on 1 million. WLD Token Arrival...
Digital marketing will become Web3's next major use case, says report
27.7.2023
More than 70 startups have raised over $600 million in the embryonic Web3 digital marketing sector
Deloitte, Chainalysis alliance to give law enforcement a crypto edge
26.7.2023
Big Four accounting firm Deloitte said the partnership could help authorities identify and take down bad actors hiding "behind the keyboard."
Ordinal Inscriptions Approach 19 Million Amid Stagnant Fees, Bitcoin NFT Sales Drop
23.7.2023
The number of Bitcoin Ordinal inscriptions on the blockchain is nearing 19 million, a trend that has continued for the past 218 days since December 16, 2022. Statistics indicate that miners have accrued roughly 1,847.66 BTC in fees, worth about $55.29 million, confirming the millions of Ordinal...
Crypto Crime Plummets in 2023, Down 65% Overall, Chainalysis Says
17.7.2023
Cryptocurrency-related crime is down significantly this year, according to data by Chainalysis. Specifically, the blockchain analytics firm explained that crypto inflows to known illicit entities are down 65% compared to the previous year while inflows to risky entities are down 42%. Crypto Crime...
Bitcoin No Longer Correlated to U.S. Stocks, Crypto Analytics Firm Block Scholes Says
5.7.2023
The 90-day rolling correlation between bitcoin and Nasdaq, S&P 500 is now at the lowest level observed since July 2021, according to data tracked by crypto derivatives analytics firm Block Scholes
Blockchain Analytics Firm Chainalysis Urges Crypto Firms to Start MiCA Preparations Now
16.6.2023
The past week saw the forthcoming Markets in Crypto Assets (MiCA) regulation formally published in the EU's official journal, marking a significant milestone for regulation in the crypto space.
Consequently, Chainalysis’ head of policy for Europe has urged cryptocurrency companies to start...
Ethereum Staked on Coinbase Sees Massive Redemptions, Over 27,000 Tokens Redeemed on June 6
8.6.2023
Recent statistics reveal that a significant amount of ethereum staked on Coinbase has been redeemed, with 27,280 tokens being redeemed on June 6. This development comes in the wake of the U.S. Securities and Exchange Commission (SEC) filing a lawsuit against Coinbase for not registering...
Lightning Data Analytics Firm Amboss Launches New ‘Liner’ Index for Bitcoin Yield
6.6.2023
The company says the new index dubbed Lightning Network Rate (Liner) could be like Bitcoin’s version of the London Interbank Offered Rate (Libor), a global reference rate for loans. Liner complements Magma, the Lightning liquidity marketplace launched by Amboss last year
Atomic Wallet Hack: Team Claims No Assets Have Been Lost in More Than 40 Hours
6.6.2023
The Atomic Wallet team claimed on June 4 that the hacking incident in which digital assets worth nearly $35 million were stolen has only affected less than 1% of its monthly active users. The team also promised to report “victim addresses to major exchanges & blockchain analytics to trace...
Crypto Analytics Firm Elliptic Incorporates AI to Speed up Tracking and Risk Detection – Here's the Latest
5.6.2023
UK-based crypto analytics and risk management firm Elliptic has incorporated the popular artificial intelligence (AI) chat bot ChatGPT into its work, with an aim to speed up the tracking of cybercriminals, the firm said in a recent press release....
Read More: Crypto Analytics Firm Elliptic...
Elliptic to Utilize Chatgpt in Intelligence Gathering
4.6.2023
Blockchain analytics company Elliptic said it’s going to use Openai’s Chatgpt to support its intelligence gathering and research. The AI-based language model will allow its experts to speed up and expand the analysis of new risks related to crypto assets. Blockchain Forensics Firm Elliptic...