Crypto

A recent report from blockchain investigator ZachXBT has shed light on a troubling trend in the world of cryptocurrency – North Korean developers allegedly stealing $1.3 million from a project’s treasury. The incident involved developers who were hired using fake identities injecting malicious code into the system, enabling the unauthorized transfer of funds. The stolen
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Bitcoin faced a 2.5% drop on Wednesday, landing at $59,100, following the U.S. government’s decision to transfer more of its Silk Road-related Bitcoin holdings to Coinbase Prime. This move was highlighted by on-chain analysis platform Arkham Intelligence, which pointed out that 10,000 BTC valued at $593 million were transferred. The tweet from Arkham read, “Wallet
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In a recent report by Bitwise, it was revealed that U.S.-based institutional investors are continuing to show strong support for Bitcoin through spot ETFs. Despite market volatility and declining prices during Q2, around 66% of institutional investors are either maintaining or increasing their holdings in Bitcoin. This trend highlights the growing confidence in Bitcoin as
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Metaplanet has recently made a significant investment in bitcoin, acquiring approximately $3.3 million worth of the cryptocurrency. This move is part of the Japanese investment firm’s broader strategy to expand its bitcoin holdings. With this latest purchase, Metaplanet now holds a total of 303.095 BTC, acquired for $20 million. Earlier this month, Metaplanet Inc. secured
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In a groundbreaking move, the Singapore-based cryptocurrency exchange, Crypto.com, has sealed a historic partnership with the Union of European Football Associations (UEFA) Champions League. This partnership marks a significant milestone in the realm of sports sponsorship, as Crypto.com becomes the official global sponsor of the UEFA Champions League, setting a new precedent as the exclusive
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In the midst of the current downturn in the market, investor sentiment in the digital asset market is uncertain. However, according to Glassnode, there are clear signs of a resurgence in HODLing and accumulation. The analysis of the on-chain investor response to the volatile market conditions indicates a growing inclination towards HODLing. Following bitcoin’s all-time
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The latest data on Ethereum’s Layer 2 ecosystem indicates a surge in activity, with daily transaction volume reaching an all-time high of 12.42 million on August 12. This milestone reflects the rapid advancements in scalability within the ecosystem, potentially leading to increased user engagement. Year-to-date, Growthepie reported a 140% increase in daily transactions in the
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