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Chainalysis: $100 Billion in Illicit Crypto Funds Traced Since 2019
13.7.2024
Crypto analytics firm Chainalysis has previewed an in-depth report on money laundering within the crypto space, providing insights into tracing illicit funds and advanced identification techniques. The firm discovered that since 2019, nearly $100 billion has been transferred from known illicit...
Crypto hacks top $1.4B, MetaMask streamlines Web3 onboarding: Finance Redefined
12.7.2024
Centralized exchanges are becoming the new ground zero for hackers, as shown by a 900% increase in losses year-over-year
Ethereum ETF inflows could hit $10B, sending ETH to new highs — analyst
11.7.2024
Expect ETH’s spot price to be more responsive to ETF inflows than BTC’s, says crypto investment manager Tom Dunleavy
Cambodia's Huione Guarantee Enables Global Scams Worth $11 Billion: Report
10.7.2024
Huione Guarantee, a Cambodian online financial platform linked to the nation's ruling family, is a marketplace enabling the global scam economy, particularly pig-butchering scams, to the tune of $11 billion, a report by Wired alleges
Crypto needs to remove friction for the next billion users: Coinbase
9.7.2024
Consumer apps could be another pathway toward mass crypto adoption, according to Coinbase’s senior director of engineering
Crypto exploits near $1.4B this year as hackers target CeFi — report
8.7.2024
According to data from cybersecurity firm Cyvers, stolen funds on centralized exchanges increased 900% year over year in the second quarter
Federal Reserve’s Operating Losses Hit $176 Billion, Analysis Reveals
8.7.2024
According to an investigative report by Pam Martens and Russ Martens the owners and operators of wallstreetonparade.com, the U.S. Federal Reserve has been consistently incurring operating losses since Sept. 28, 2022, totaling $176 billion by June 19, 2024. These losses stem from the Fed paying...
Crypto Theft Surge: Hackers Steal $1.38 Billion in First Half of 2024, Doubling 2023 Figures
6.7.2024
A new report by blockchain intelligence firm TRM reveals that crypto thefts in the first half of 2024 have doubled compared to 2023, with $1.38 billion stolen by June 24. Major hacks constitute 70% of losses, with private key compromises and smart contract exploits as top attack vectors. Crypto...
Mt. Gox Moves $2.71 Billion BTC, 1544.7 Bitcoin Sent To Bitbank
5.7.2024
Mt. Gox, the defunct crypto exchange, has begun moving large amounts of Bitcoin as part of its long-awaited repayment plan. This action, coupled with movements from government-held wallets, has led to a sharp decline in Bitcoin’s price. Breaking Down the Bitcoin Movements According...
Up to 99% of Mt. Gox’s $8.2B Bitcoin could be sold: Analyst
5.7.2024
Nearly all of Mt. Gox’s former creditors might be looking to sell their Bitcoin, which has increased by over 8,500% in value in the 10 years since the exchange’s collapse
Bitcoin falls to $55K as crypto liquidations breach $580M
5.7.2024
Around $193 million in long Bitcoin positions were liquidated in the past 24 hours, with the price of BTC hitting its lowest point since February
Northern Data Mulls US Market AI Entity IPO at up to $16 Billion Valuation
2.7.2024
Northern Data, a European cloud computing, artificial intelligence (AI), and bitcoin mining company, is reportedly mulling going public in U.S. markets. The company would be in talks to complete its initial public offering (IPO) in 2025, creating an entity combining its AI cloud computing and data...
Ripple to unlock 1 billion XRP in the upcoming month
28.6.2024
The Ripple unlocking process has an influential role in the cryptocurrency market. Ripple utilizes the crypto wallets Ripple 24 and Ripple 25 to manage the unlocking of 500 million XRP. They placed the remaining XRP in future contracts scheduled for September 2027, the biggest monthly sale...
2024 Crypto Losses Attributable to Deepfakes Projected to Exceed $25 Billion
28.6.2024
Losses attributed to crypto crimes involving the use of deepfakes are projected to surpass $25 billion in 2024. According to the latest Bitget research study, these losses are expected to continue rising if no regulatory intervention is introduced to curb this type of fraud. Educating users...
Federal Reserve Stress Test Projects $685 Billion in Losses for Large Banks
28.6.2024
The Federal Reserve Board’s annual stress test results reveal that large banks are expected to face nearly $685 billion in projected losses during a severe recession scenario. These losses are significantly higher than last year due to increased risks in bank balance sheets and higher...
Crypto losses to deep fakes could reach $25B in 2024 — Bitget
27.6.2024
Criminals are using deep fakes more than ever, causing $79.1 billion in losses since 2022
Blast token rallies 40% after $2B airdrop debut
27.6.2024
The native token of the Ethereum layer-2 Blast has rallied following an airdrop in which 17% of the supply was sent to eligible users
CoreWeave expands Core Scientific computing deal by $1.225B
25.6.2024
Core Scientific is well-positioned to take advantage of new opportunities at its mining facilities
From $3 Billion to $2.83 Billion: German Government Transfers Another Cache of Bitcoin
25.6.2024
According to data from Arkham Intelligence, since Jun. 23, 2024, the German government has moved 820 BTC, valued at slightly above $50 million. A substantial portion of these funds was directed to the centralized cryptocurrency exchanges Kraken and Coinbase. Bitcoin Wallet Linked to German Police...
Bitcoin ETFs shed $1.3B over 2 weeks amid market slump
25.6.2024
Bitcoin ETFs have seen outflows of $1.3 Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months