On-chain analysts at Glassnode and Ark have developed a new framework for analyzing the Bitcoin network’s “economic state.” The framework, called “Cointime Economics (CE),” will help increase the accuracy of on-chain analysis, which savvy investors and traders often use to read where Bitcoin’s price is heading. What is Cointime Economics? According to lead Glassnode analyst...Read More
The US Federal Bureau of Investigation (FBI) discovered that the North Korean hacking collective – the Lazarus Group – has drained cryptocurrencies worth millions of dollars through several attacks in the past few years. The security agency believes the wrongdoers could soon cash out 1,580 BTC (worth almost $41 million at current prices). Stay Focused...Read More
A collective of 50 Russian customers of the non-custodial decentralized wallet – Atomic Wallet – have reportedly launched a class action lawsuit against it after becoming victims of a recent $100 million exploit. Some believe the North Korean hackers – the Lazarus Group – were responsible for the heist. However, Boris Feldman (who coordinates the...Read More
Paolo Ardoino, the Chief Technology Officer of Tether, sparked rumors with a recent social media post that included the phrase “Tether Energy. The container in the image had the company’s logo, indicating that Tether might be making a move into the energy sector. The public is left to speculate about what Ardoino has in store...Read More
In a significant move within the crypto realm, Circle, the company behind USD Coin (USDC), said it will extend support for its stablecoin to six more blockchains in the next two months. Based on a joint release by Coinbase and Circle, USDC, already available on nine blockchains, including Ethereum, Arbitrum, Avalanche, Stellar, Tron, Flow, Algorand,...Read More
A former engineer at Alameda Research has come forward with claims on X that his entire life savings were stolen by Sam Bankman-Fried (SBF), his former boss. Aditya Baradwaj paints a vivid picture of the rise and fall of FTX, exposing the contradictions, grand visions, and heartbreaking consequences that ensued. As an engineer at Alameda...Read More
Litecoin just had its third halving, which marks another crypto milestone. As one of the earliest crypto projects, LTC is recognized as “the lite version of Bitcoin”. Thanks to its superior throughput, faster transactions, and lower fees. Litecoin creator Charlie Lee modelled the LTC halving, a major feature of the coin, after the underlying design...Read More
Decentralized exchange aggregator 1inch announced expansion across the Coinbase-incubated layer-2 blockchain, Base. 1inch also mentioned that Base is poised to gain advantages from “Coinbase product integrations and convenient fiat onramps,” which will also be extended to projects within the ecosystem. The team also revealed the deployment of the 1inch Aggregation Protocol and the 1inch Limit...Read More
