August saw the lowest monthly crypto losses of the year, but the overall picture isn’t so rosy. A Quiet August for Hackers Crypto losses in August were a measly $15.1 million, a huge drop from the previous month and even last year. The majority of the losses came from just five hacks, with no reported…
Ethereum (ETH) has been stuck in a rut lately, trading between $2,300 and $2,800 since the beginning of August. It’s been trying to break past $2,600 for the past few days, but hasn’t been able to. This is disappointing, especially compared to Bitcoin’s strong performance this year. Ethereum ETFs: A Flop? Ethereum ETFs were supposed…
The arrest of Pavel Durov, founder of the messaging app Telegram, in France has sparked a debate about the future of internet regulation and the responsibilities of tech companies. A Case with Global Implications Durov’s arrest stems from an investigation into alleged criminal activity on Telegram, including child pornography, drug trafficking, and money laundering. French…
Polygon, a popular blockchain scaling solution, might be on the verge of a price rebound, according to crypto analytics firm Santiment. Signs of a Reversal Santiment has observed a surge in active addresses and dormant coin movement on the Polygon network. These are often seen as indicators of a potential price increase. Rebranding and Polygon…
BlackRock’s iShares Bitcoin Trust (IBIT), a popular Bitcoin ETF, has seen money flowing out for the second time since it launched earlier this year. This is a bit unusual, as the ETF has generally been attracting investors. Outflows on the Rise On August 29th, IBIT saw $13.5 million leave its coffers. The last time it…
A woman in Ohio lost $6,000 after falling victim to a scam. The scammer, pretending to be from Huntington Bank, convinced her that a fraudulent transaction was about to happen. He then instructed her to withdraw cash from her account and deposit it into his Chase account. How the Scam Worked The scammer first told…
Ethereum, once known for its deflationary supply, is facing new challenges that are making some people question its future. Ethereum’s Inflation Problem A crypto analyst, Thor Hartvigsen, recently pointed out that Ethereum’s fee generation has been declining, especially since the introduction of “blobs” in March. Blobs allow Layer 2 (L2) solutions to bypass paying high…
Bitcoin investors are known for their unwavering commitment, and recent data shows just how strong that commitment is. Almost a third of all Bitcoin hasn’t been touched in over five years! This means a huge chunk of the cryptocurrency is held by investors who are incredibly confident in Bitcoin’s future. The Long-Term Holders (LTHs) These…
Dell Technologies recently released its Q2 2024 earnings report, and the crypto community was eagerly waiting to see if the company would be adding Bitcoin to its balance sheet. No Bitcoin for Dell (Yet) Despite some cryptic hints from Dell’s CEO, Michael Dell, on social media, the company confirmed that it has not purchased any…
The crypto market is buzzing with excitement about the next bull run, and savvy investors are looking for projects with huge potential. Two tokens that are catching the attention of top traders are PlayDoge (PLAY) and Mpeppe (MPEPE). PlayDoge: A Play-to-Earn Game with Big Ambitions PlayDoge (PLAY) has made a splash since its debut on…
