Cryptocurrency Analysis and News Portal
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A substantial number of $OP tokens, totaling 154.6 million ($252 million), will be unlocked within a day, making them accessible for trading or transfer. This represents approximately 3.6% of the total supply and a significant 46% of
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Level Finance, a BNB Smart Chain-based decentralized finance (DeFi) platform, was hacked on May 2. According to on-chain data, the hacker stole over $1m worth of BNB and is now moving the funds. According to a tweet
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Elliptic, which published its report on the topic Tuesday, says cryptocurrency wallets attached to darknet merchants which sell fentanyl as well as precursors have received $27 million in payments (though over exactly what time frame is unclear), while Chainalysis pegged the number at $37.8 million since 2018. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied UK couple Tony and Eloise Johnson became victims of a bitcoin fraud, which left them with significant debt of £45,000 ($55,900). The con artists pretended to be affiliated with a well-known financial guru Martin Lewis, a
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Arbitrum-based decentralized exchange (DEX) Swaprum has allegedly conducted a rug-pull on its users, with $3 million worth of customer deposits being swiped from the platform.A rug-pull or exit scam occurs when a seemingly legitimate project ropes in a certain amount of investment or user deposits before promptly shutting everything down,
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The Lido liquid staking protocol has enabled Ether withdrawals for the first time, according to May 15 data from Parsec Finance. Over 260 Lido Staked Ether (stETH) was redeemed for its underlying Ether (ETH) in the first three hours, worth about $500,000.stETH withdrawals dashboard:- individual & aggregate withdrawal requests.- current withdrawal
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Zimbabwe seeks to use gold-backed crypto tokens to salvage the country’s economic situation. The Reserve Bank of Zimbabwe has dammed any potential consequences by selling 14 billion Zimbabwean dollars ($39 million) worth of gold-backed digital tokens. That is despite an earlier warning it received from the International Monetary Fund (IMF) not
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On May 11, 2023, a long-inactive bitcoin wallet sprang to life and transferred a substantial 139.7 bitcoin worth $3.7 million. The address, established on June 19, 2011, has contributed to the year’s total of 1,125.37 bitcoin moved from dormant 2010 and 2011 wallets. 139.7 Bitcoin Worth $3.7 Million Suddenly Moves From
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While the crypto space still suffers a bear market, venture capital (VC) firms have still managed to make a number of deals at the start of 2023, proving that the space is very much alive even in what many would call a “crypto winter.”According to PitchBook’s Crypto Report for the
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Blockchain analysis has been key in helping the United States Internal Revenue Service (IRS) seize an estimated $10 billion worth of cryptocurrency since it began investigating a broad body of crimes involving digital assets. This was a key point raised by IRS Criminal Investigations (IRS-CI) Chief Jim Lee in a
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