Cryptocurrency Analysis and News Portal
Prominent crypto and blockchain analytics company Nansen posted on social media platform X (formerly Twitter) that one of its third-party vendors suffered a security breach affecting 6.8% of its users.According to Nansen, the breach gave hackers access to admin rights for an account used to “provision customer access” to its
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The world’s largest stablecoin is reported to have spent $420 million on 10,000 H100 GPUS from the Bitcoin miner Northern Data, according to a report in Forbes. However, a press release from Tether issued the next day stated this report had some inaccuracies in the stake size of the investment. A collaboration
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Over the years, Cardano (ADA) has grown to be one of the most beloved cryptocurrencies, securing its spot as one of the
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Since its inception, Bitcoin, the preeminent cryptocurrency, has witnessed several market cycles, each with its highs and lows. Its volatile nature has
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The firm behind stablecoin Tether (USDT) has invested an undisclosed amount into German-based crypto miner Northern Data Group in a move backing artificial intelligence (AI) initiatives.In a Sept. 21 blog post, Tether said the strategic investment into Northern Data through Tether group company Damoon was intended to demonstrate “its determination
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Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing. Original Source
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Bitcoin has been trending up since hitting a local low below $25,000 on September 11th. Yesterday’s rally to $27,435 marked a 10%
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The large flow was concentrated in the so-called out-of-the-money (OTM) calls at strike levels well above ether's current market price of $1,633. Whales blocked over 40,000 contracts of ETH December expiry call at $2,200 and nearly 50,000 contracts of October expiry call at $2,000. A block trade is a large
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The percentage of bitcoin's circulating supply active onchain within the last month fell to a record low of 5.4% early this week, according to Blockware Solutions and Glassnode. In other words, fewer coins are changing hands, indicating supply-side weakness. At press time, bitcoin's circulating supply was 19.48 million. Source
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While Bitcoin maintains its stability amid inflationary concerns and economic data releases, other cryptocurrencies face a different fate. In recent months, the world has witnessed a significant degree of financial turbulence as it relates to dwindling crypto prices and concerning Consumer Price Index (CPI) data. One key aspect of this turbulence
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