Stablecoin Issuers Command 40% of December’s On-Chain Revenue
TL;DR Stablecoin issuers accounted for over 40% of on-chain revenue in December 2024, generating more than $664 million out of the $1.5 billion total. Tether...
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Explosion of AI Meme Tokens: Ai16z Leads the Way with a 144% Surge
TL;DR Ai16z reaches a $2.3 billion market cap, with a 144% price surge in just one week, driven by increased trading activity. Whale activity drives...
Bitcoin in Decline While Ethereum Gains Ground: ETF Flows Set the Market Tone
TL;DR Bitcoin ETFs experienced $388 million in outflows between December 23 and 27. Fidelity’s ETF (FBTC) stood out with $183 million in inflows, defying the...
Confirmed Bitcoin Payments Per Day Hit Yearly Lows
TL;DR Bitcoin’s daily confirmed payments hit a yearly low of 623,434 on December 26, 2024, due to price drops and holiday market illiquidity. The decline...
Tether Moves Forward with Diversification and Technological Innovation
TL;DR Tether invests $2 million in Arcanum Capital’s Emerging Technologies Fund II to support Web3 projects. The EU’s MiCA regulation could force the delisting of...
Bitcoin and Ethereum Regain Momentum: ETF Inflows Reach $592 Million in a Single Day
TL;DR Bitcoin ETFs saw an inflow of $475 million after four consecutive days of outflows, marking a positive market shift and renewed investor confidence. Fidelity...
Threat Actor Steals $500,000 via Compromised X Accounts in Meme Coin Scam
TL;DR A threat actor stole approximately $500,000 through meme coin scams promoted via over 15 compromised X accounts, uncovered by blockchain investigator ZachXBT. The attacker...
North Korean Hackers Use MetaMask to Launder Cryptocurrencies
TL;DR North Korean hackers used MetaMask to move $200,000 in cryptocurrency, concealing the origin of the funds. Transactions linked to the Hyperliquid bridge were identified,...
Aave and Chainlink: A Strategic Alliance Against MEV
TL;DR Aave plans to use Chainlink’s Smart Value Recapture (SVR) oracle to redirect MEV profits back to its users. The SVR could capture up to...
Chainlink Sees Surge in Whale Activity as Price Dips to $20
TL;DR Chainlink (LINK) has seen a significant surge in whale activity, with large investors accumulating the token during a market dip, as LINK briefly dropped...