Weekly Bitcoin Fees Fall to Lowest Level in 8 Months: ITB
Transaction fees on the Bitcoin network have continued to decline months after its latest peak during the halving event. Data from IntoTheBlock shows that fees on the leading crypto network…
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Tether (USDT) Loses Ground on Centralized Exchanges, Down to 74% Market Share
Even with several high-profile collapses and de-pegging events in recent years, stablecoins have continued to capture market share from fiat, reflecting strong demand increasingly. Although the stablecoin market is still…
Rising Sophistication in Crypto-Native Money Laundering: Chainalysis Weighs on Wallet Hops
With cybercriminals increasingly leveraging mixers, cross-chain bridges, and hops between intermediary wallets to obscure the origin and movement of their funds, crypto-native money laundering is getting sophisticated. The industry has…
CertiK Flags Nearly $1M Transfer to Tornado Cash from CoinStats Exploit
Wallets linked to the CoinStats exploiter recently moved almost $1 million in Ether into the controversial crypto mixing protocol Tornado Cash. The latest development comes less than a week after…
Ethereum Hitting New Records: 47.36 Million ETH Stake in the ETH2 Beacon Deposit Contract
Ethereum 2.0 staking has seen significant growth, and a major milestone has been reached. As such, the deposit contract for staking Ethereum on the Beacon Chain reached an all-time high…
Circle’s USDC Emerges as Top Beneficiary of EU’s Push for Compliant Stablecoins
The MiCA regulation has created an increased demand for compliant stablecoin, with Circle’s USDC emerging as a primary beneficiary of the trend. In fact, USDC is leading the demand for…
What Caused the Majority of Crypto Thefts in Q2 2024? SlowMist Reports
Private key leaks were identified as the leading cause of crypto thefts in the second quarter of 2024 by cybersecurity firm SlowMist’s investigative branch, MisTrack. The report highlighted many instances…
QCP Capital Predicts ‘Subdued’ Bitcoin Performance As Mt. Gox Payouts Loom
After a decade of waiting, July might finally bring restitution to the users of the now-defunct Mt. Gox exchange. However, it appears that market players are on edge regarding the…
US Bitcoin ETFs See $20.45M Outflow: Nine Funds Remain Flat
The US spot Bitcoin ETFs experienced a net outflow of $20.45 million on Wednesday. Interestingly, only two of them showed activity amid market uncertainty. Grayscale’s GBTC saw a $26.99 million…
Binance.US Claims No Evidence of Wrongdoing in SEC Case
Binance.US said that it is prepared to defend itself against the US Securities and Exchange Commission after a court ruled that the regulatory agency’s case against the crypto exchange could…
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