Ki Young Ju, the CEO and founder of CryptoQuant, has raised concerns about South Korea’s financial stability, warning that poor economic policies and political unrest could drive crypto businesses and capital out of the country. In a December 19 post…
More Brazilians invest, trade, or hold Bitcoin and altcoins than ever before, a survey conducted by the nation’s top regulator found, with investors spending between 7% and 35% of their money on tokens. The Brazilian media outlet Livecoins reported that…
The XRP price took one of the biggest tumbles among top altcoins yesterday, falling to as low as $2.16. However, it has recovered somewhat, trading at $2.34, down 13.65% in the past 24 hours. Talk of crypto beginning to decouple…
Hut 8, a leading Bitcoin mining company in North America, has boosted its Bitcoin reserves to over $1 billion after acquiring 990 BTC for $100 million. The acquisition was announced on December 19, with the company revealing an average purchase…
Solana (SOL) and its decentralized applications (DApps) ecosystem have experienced explosive growth, reaching an all-time high in revenue in November 2024. A report from research platform Syndica revealed that Solana’s revenue hit $92 million, a 15x increase from $6 million…
Crypto hacking remains a huge challenge, with the total value of stolen funds surging to $2.2 billion in 2024, a 21.07% year-over-year increase, reports blockchain analytics firm Chainalysis. The number of hacking incidents also grew, rising from 282 in 2023…
Discussions surrounding crypto-drainers, malicious software designed to drain cryptocurrency wallets, have surged by 135% on dark web forums. Discussions related to crypto-drainers on the dark web rose from 55 threads in 2022 to 129 threads in 2024, according to a…
In late November, CoinDesk, a leading crypto publication, published a story spotlighting blockchain billionaire Justin Sun’s latest headline-grabbing antics. The article detailed how Sun consumed the $6.2 million banana he had purchased at a Sotheby’s auction. The banana was originally…
Dylan Meissner, former vice president of finance at Delphi Digital, has been sentenced to four years in prison after admitting to embezzling nearly $4.5 million from the crypto research firm. The ruling was handed down by Connecticut District Court Judge…
The crypto market’s value dropped 7.5% on Thursday after the Fed Reserve cut the fed funds rate by 25 basis points. The new target range of 4.25%-4.50% met expectations, following which investors moved away from risk-on assets like cryptocurrencies and…