Bitcoin Surpasses $69,000 After Volatility and Rumors of Investigation into Tether
TL;DR Bitcoin (BTC) surpassed $69,000 after a week of price volatility, driven by rumors of an investigation into Tether and geopolitical tensions due to an...
blockchain
Base Surpasses All Chains in Stablecoin Transaction Volume
TL;DR Base, the Ethereum layer-two network developed by Coinbase, has reached a record high for stablecoin transaction volume, surpassing Solana, Ethereum, and Tron. On a...
Government Crypto Wallet Hacked: $20 Million Stolen
TL;DR A hacker compromised an address linked to the US government and stole $20 million in cryptocurrency. The stolen assets include USDC, USDT, aUSDC and...
Ripple Strengthens Legal Defense with Form C Filing in Ongoing SEC Battle
TL;DR Ripple has filed Form C to appeal a portion of the 2023 court ruling. The SEC is not challenging whether XRP is considered a...
Ethereum Whale Sells 3,000 ETH: Is Another Price Drop Coming?
TL;DR An Ethereum ICO participant sold 3,000 ETH for $7.64 million. This investor’s previous sale in July caused the price of Ethereum to drop by...
ZachXBT Uncovers Chinese Trader Laundering Millions for North Korea’s Lazarus Group
TL;DR ZachXBT accuses Yicong Wang of laundering millions in crypto assets stolen by the Lazarus group. Wang, a Chinese OTC trader, has been helping convert...
Buterin Slams Michael Saylor’s Bitcoin Custody Proposal as ‘Insane’
TL;DR Vitalik Buterin has strongly criticized Michael Saylor’s recent comments on Bitcoin custody. Saylor suggested that Bitcoin users should trust large banks, such as BlackRock...
Bitcoin Spot ETF Outflows Begin After 7 Days of Gains, Led by ARKB
TL;DR US spot Bitcoin ETFs saw $79 million in outflows after seven days of net inflows. ARKB was the main driver of outflows, while BlackRock’s...
Scroll (SCR) Experiences an 18.4% Drop After Its Launch
TL;DR Scroll has launched its governance token, SCR, initially at $1.40, but it fell to $1.14, marking a decrease of 18.4% and a market capitalization...
Jito Surpasses USDC and Ethereum in 24-Hour Fees, Boosting Solana’s Onchain Activity
TL;DR Jito Surpasses USDC and Ethereum in Fees: Jito collected $4.16 million in fees within 24 hours, becoming the second-highest fee-collecting protocol globally, just behind...