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…
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. Hut 8 Surpasses $1 Billion in Bitcoin Reserves. The acquisition was announced on December…
The Digital Chamber is urging the United States Securities and Exchange Commission (SEC) to “reset” its relationship with the digital asset ahead of Donald Trump’s presidency following years of controversial crypto regulation under chair Gary Gensler, a December 18 statement…
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…
Web3 blockchain security firm Blockaid has launched a dashboard called State of the Chain, providing a look into 2024 onchain activity and security trends. The firm said the interactive tool will give users customizable insights into decentralized applications (dApps), token…
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…
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…
Coinbase, the prominent cryptocurrency exchange, has successfully fended off an attempt by Hong Kong-based BiT Global Digital Limited (BiT) to block the delisting of Wrapped Bitcoin (wBTC) from its platform. BiT Global lost. Today they asked the Court to order…
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…
Skynet, a decentralized protocol enabling AI agents to access and pay for products and services globally, has raised $1.2 million in pre-seed funding. The round saw contributions from prominent angel investors affiliated with GitHub, Polygon, Veracode, and Monotype, the firm…