Cryptocurrency-related crime is evolving in 2024, with hackers increasingly targeting centralized exchanges and ransomware attacks reaching new heights, according to a mid-year report from blockchain analytics firm Chainalysis. Crypto Crime Trends Shift as Hackers Target Exchanges While overall illicit activity on blockchain networks has dropped by nearly 20% year-to-date, two categories have bucked the trend: […]

Bitcoin crashed below $50,000 on August 5 in a sudden dip that saw many positions liquidated in the crypto market. This sudden dip, which cascaded into other cryptocurrencies, took the market by surprise. As such, Bitcoin fell to its lowest price in six months, and many other altcoins followed suit. Although Bitcoin has since recovered […]

ADA price is up today as investors show excitement over Cardano’s upcoming hard fork.

The ultimate goal of the attack is to deploy cryptocurrency miners to exploit system resources. The PG_MEM malware employs a multi-stage attack flow …

TL;DR A phishing attack resulted in the loss of $55 million in crypto assets from a “whale” wallet. The victim signed an unverified transaction that transferred ownership of their funds to a malicious address. In the first half of 2024, phishing attacks in the crypto space caused losses of close to $500 million. The cryptocurrency […]

TL;DR Bitcoin whale activity has decreased significantly, raising concerns in the market. Capital outflows from key BTC addresses have intensified selling pressure. The market is facing a demand shock that could hinder price recovery. The price of Bitcoin (BTC) has seen marked weakness in recent weeks, struggling to hold onto its $60,000 range. This fall […]

Bitcoin wallet had been inactive for 10.7 years

5 Best Cryptos to Buy During a Market Downturn — BlockDAG, Bitcoin, Ethereum, Binance Coin, & Solana The cryptocurrency market has experienced a significant decline, with its total market capitalization shrinking from $2.51 trillion in May 2024 to $1.95 trillion by August 2024, and trading volume decreasing by 13.13%. Despite these setbacks, BlockDAG, Bitcoin, Ethereum, […]

Following the cycle low in November 2022, capital has progressively shifted towards the leading cryptocurrencies at the top of the digital asset risk curve. Bitcoin, for one, has seen its dominance expand once again as a certain cohort of holders continued to support the growth. However, the same cannot be said for other crypto assets. […]

Zimbabwe’s gold-backed currency, the ZIG, has seen a significant increase in usage since its introduction in April. While the U.S. dollar remains the dominant currency for most citizens, the ZIG is used for 40% of payments and 80% of government transactions. The government aims to eventually replace the U.S. dollar with the ZIG as the […]

The publicly listed Bitcoin (BTC) miner from Wall Street, Core Scientific (NASDAQ: CORZ), has repaid $267 million in debt using proceeds from its recently closed convertible senior notes offering. Core Scientific Pays Down $267 Million in Debt The debt repayment includes $150 million in secured notes, $61 million from an exit facility, and $56 million […]

Dogecoin (DOGE), the largest memecoin by market capitalization, recently received acknowledgment from Tesla’s CEO on X. Elon Musk’s post sparked a frenzy among crypto investors and the DOGE community, reflecting on the token’s price. Following the recent surge, some analysts believe it’s only a matter of time before a major breakout. Elon Musk Excites The […]

The “jaredfromsubway.eth” MEV bot appears to have relaunched with a better arsenal for carrying out attacks.

More than 80% of short-term Bitcoin holders are currently losing money on their BTC positions, according to a popular on-chain analyst. The pseudonymous on-chain sleuth known as Checkmate tells his 97,000 followers on the social media platform X that the short-term holder (STH) metric looks similar to charts in 2018, 2019 and mid-2021, all of […]

Polymarket’s election odds have shifted significantly in the past few days: Harris was up by 10 points less than a week ago, but now trails Trump by 4 points. The cause of the shift isn’t clear, but it could be down to the Democrats’ crypto snub in their official policy platform and Harris’ reported embrace […]

Critical Support Holds Strong: Bitcoin’s critical weekly support at $58,000 remains solid as it re-enters the $60,000 zone. Despite recent volatility, this level continues to hold firm through multiple tests. Powell the Disruptor: Jerome Powell is set to address the market on Friday, with potential impacts expected. A 0.25% rate cut in September has a […]

The cryptocurrency market is a complex ecosystem influenced by a myriad of factors ranging from global economic trends to technological …

Famous philosopher Harari has referred to Bitcoin as art form and shared his take on AI

TL;DR Vitalik Buterin advocates for a cryptocurrency governance model that combines plurality and control. Note that the tension between freedom and control also manifests itself in other technologies and policies. Proposes multifactorial approaches to solve complex problems such as voting and universal basic income (UBI). Vitalik Buterin, the creator of Ethereum, has shared his thoughts […]

Ledn, a leading digital lending platform, has officially secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group with ~$4.5 billion in client assets, according to a press release sent to Bitcoin Magazine.  Ledn and @sygnumofficial Just Made History! 🎉 Sygnum Bank issued the industry's first Syndicated BTC-backed $50M (USD) […]

Ethereum, the second largest cryptocurrency by market cap has been experiencing a prolonged period of price correction, leaving investors and traders questioning when the crypto asset will regain its upward momentum. As a result, an analyst from CryptoQuant has analyzed ETH’s on-chain metric and is now suggesting that Ethereum might be nearing the end of […]

Blockchain data shows that stablecoin issuer Tether has minted over $33 billion in USDT over the last year. According to blockchain tracking firm Lookonchain, Tether minted billions of USDT on the Tron (TRX) and Ethereum (ETH) blockchains. “Tether Treasury has minted 33 billion USDT in the past year, of which 19 billion USDT was minted […]

A widely followed crypto strategist is predicting a massive breakout for one decentralized finance (DeFi) low-cap altcoin. Pseudonymous analyst The Crypto Dog tells his 810,200 followers on the social media platform X that Synapse (SYN), a protocol that aims to enable secure cross-chain communication, could soar more than 75% from the current value. “Think it […]

Top 5 Must-Watch Cryptos for Massive Growth in 2024– Join Before the Rally! As the altcoin season ramps up, it’s a prime time to scout out the best altcoins for 2024. With the market buzzing in anticipation of an exciting year, buyers are on the hunt for the top cryptos that are poised for significant […]

Seven individuals were arrested in Malaysia during a special operation targeting illegal bitcoin mining in Bandar Baru Salak Tinggi and Taman Putra Perdana. The operation, which involved coordinated efforts by law enforcement, focused on detecting and stopping bitcoin mining activities linked to electricity theft. The suspects, aged between 30 and 74, included three local men […]

State Street has announced a new partnership with Swiss cryptocurrency firm Taurus. This collaboration aims to expand State Street’s digital asset services, including the creation of tradeable tokens from real-world assets. As cryptocurrencies have become more integrated into the financial system through regulated products like futures and exchange-traded funds (ETFs), institutional interest has grown. Institutions […]

It’s the most significant Bitcoin move since July 30, though Galaxy’s head of research doesn’t think it’s for distribution.

Cardano has been one of the better performers in the past 24 hours, increasing by as much as 4% and pushing above $0.35. It appears that this move comes on the back of increased bullish sentiment for the cryptocurrency, unlike that of XRP – another altcoin with a massive community. Ripple (XRP) v. Cardano (ADA): […]

In the rapidly changing world of cryptocurrency, finding a high-potential investment under $0.01 can be both challenging and rewarding.

Crypto sentiment is neutral, but Bitcoin struggles to get above US$60K, while ETH and most major cryptos are in the red. Tron has gained market cap, surpassing Cardano as the 10th largest crypto, despite most other assets declining. Bitcoin’s dominance is increasing near its 2021 highs, contrasting with the decline of many altcoins. While the […]

Several wallets that have been dormant since 2014 have reawakened, with several holding millions worth of BTC. The cause of the activity is uncertain, with some speculating a major sell-off, while others believe it could be tied to Mt. Gox repayments. Nevertheless, Bitcoin has held strong at US $60k, suggesting that the hundreds of BTC […]

Peter Brandt warns of incoming volatility for Bitcoin and Ethereum, with BTC price drawing troubling pattern