North Korean-backed state hackers have stolen approximately $3 billion in cryptocurrency over the last six years, with their operations accounting for 44% of all stolen cryptocurrency in 2021 and 44% in 2022, serving as a significant income stream to finance military and weapon development programs.
The Arbitrum community has expanded its grant program budget to over $70 million, providing additional funding for 26 projects approved on its Short-Term Incentive Program (STIP) and boosting its total budget to 71.4 million ARB tokens.
BRICS, gold, and Bitcoin could pose a significant threat to the US dollar in the upcoming year, as they all contribute to its potential decline and devaluation.
Javier Milei, the newly elected President of Argentina, is associated with Bitcoin and cryptocurrencies due to his appeal to eliminate the Central Bank, although his opinion about Bitcoin is currently neutral. Milei is inclined to dollarize the economy before proposing a Bitcoin law a la El Salvador, which could potentially boost Bitcoin adoption in the country. The crypto community expects a positive impact from Milei's election, with expectations of a more liberal position towards cryptocurrencies and a potentially unrestrained market. The president-elect is set to take office on December 10.
Iota launches $100 million Abu Dhabi foundation for Middle East expansion; Canaan seeks new financing as revenue drops 55%; Wormhole raises $225 million at $2.5 billion valuation; Santander selects Taurus as crypto custodian to safeguard Bitcoin and Ether.
Whales have been accumulating Chainlink's LINK token, with the top 200 wallets adding $50 million worth in the past five weeks, resulting in Chainlink outperforming Bitcoin.
Bitcoin's recent price surge resulted in over $100 million in losses for short sellers, while wrapped Bitcoin (wBTC) on Ethereum did not experience similar gains, indicating decreased demand for BTC on the ETH blockchain.
Solana founder Anatoly Yakovenko rejects the idea that Solana is an Ethereum killer, emphasizing that the two ecosystems can coexist and compete through their overlapping features. He envisions a future where both SOL and ETH thrive together.
Crypto trading veteran, The Flow Horse, predicts bullish continuation for altcoins Stacks (STX) and Ordinals (ORDI) within the Bitcoin ecosystem as the digital asset markets gain strength. STX is trading at $0.835, up nearly 5% in the last 24 hours, while ORDI is trading at $31.82, up over 34% in the past day.
Bitcoin uses 4,227 gallons of fresh water for every transaction, raising concerns about freshwater shortages and environmental impact, according to a recent report by data scientist Alex De Vries; potential solutions include using alternative cooling methods and switching to non-fresh water sources for power generation.
Bitcoin (BTC) holds close to $40,000 after a surge in price leaves $60 million in shorts hanging, with market participants eyeing bullish signals for further gains.
The article discusses the current state of blockchain technology and provides a list of 14 best blockchain stocks to buy now, including companies like Microsoft, Amazon, and Intel.
Chainlink's price is approaching an ascending triangle breakout, with on-chain indicators and a decreasing supply on exchanges suggesting a potential 20% rally in December.
FTX and Alameda Research have transferred $22 million worth of digital assets in their latest move, consisting of multiple cryptocurrencies, as they continue to navigate through liquidations and address substantial debts.
Ethereum and Chainlink are expected to experience further upward movements according to a prominent crypto strategist, with Ethereum breaking out of a triangle formation and Chainlink breaking out of an ascending triangle pattern.
Bitcoin's price surged to $39,700, causing the liquidation of approximately $600 million worth of short positions, leaving the cryptocurrency community shocked and excited about the potential for further price movement.
Grayscale, a major digital asset management firm, is looking to convert its Grayscale Bitcoin Trust (GBTC) into a Bitcoin ETF, aiming to eliminate the discount and align GBTC's price with the actual value of Bitcoin, potentially benefiting investors.
The Chief Legal Officer of Ripple has raised concerns about the SEC's approach towards defending actions against cryptocurrency firms, citing instances where courts have criticized the regulatory body for inconsistencies and bad faith behavior. There is speculation that the regulator's recent closed-door meeting may be related to settlement discussions in the ongoing legal clash with Ripple, although it has not been explicitly mentioned.
Ethereum team lead expresses frustration with his former university's lack of enthusiasm in recommending students for collaboration with Ethereum, as they appeared more focused on the price of Ethereum rather than the project itself.
Bitcoin ETFs are expected to replace flashy crypto marketing campaigns as the entry point into the crypto market, according to Swan Bitcoin CEO Cory Klippsten. Klippsten believes that ETFs provide a cleaner and more accessible way for people to invest in Bitcoin and predicts that approval for Bitcoin ETFs could come in January 2023.
The native asset for IOTA, a crypto project focused on the Internet of Things, surged by 31% this week with the launch of a $100 million ecosystem foundation.
The recent surge in Bitcoin's price and the potential launch of a Bitcoin ETF in 2024 has sparked optimism for a bull run in the crypto market, with mining reward halving and macroeconomic factors contributing to the positive outlook. Bitcoin, Ethereum, and Litecoin are highlighted as three cryptocurrencies that could perform well in the next bull market.
Bitcoin's 9.3% climb in November has increased profitability prospects for bitcoin miners, with the rally offsetting increased network competition, and CleanSpark and Iris Energy being top picks for J.P. Morgan analyst Reginald Smith.
Legal troubles faced by Binance have allowed Coinbase and Bybit to gain market share in the crypto trading industry, according to analytics firm Kaiko.
Bitcoin has reached a yearly high of $39,900 and is predicted to surpass $40,000 soon, driven by market optimism, speculation about future Fed policies, and the potential approval of a Bitcoin ETF.
North Korean hackers have stolen around $3 billion in cryptocurrency since 2017, surpassing the country's annual income from exports and accounting for half of its military expenses in 2022 alone.
A gaming-focused Ethereum sidechain called Ronin is partnering with Binance Pay to simplify wallet funding, allowing users to access their funds outside of the crypto exchange.
A guide from the CFA Institute provides a comprehensive classification and evaluation practices for crypto assets, including basic cryptocurrencies, smart contract platforms, and decentralized applications. Different valuation methods, such as the total addressable market approach and Metcalfe's Law, are discussed for each group.
Bitcoin hits highs not seen since May 2022, trading at $38,806 per coin, after a dovish forecast from the Federal Reserve and the death of Charlie Munger and Henry Kissinger influences the prices of meme coins.
The number of Bitcoin accumulation addresses has significantly increased during the 2022 bear market compared to the 2018 market slump, indicating a stronger belief in the future of Bitcoin. Additionally, there has been a significant growth in daily active users in the crypto space, which is expected to continue with the help of artificial intelligence technology.
Crypto trader The Flow Horse predicts that the value of Bitcoin will rise significantly, citing factors such as the potential approval of a Bitcoin exchange-traded fund, the upcoming halving event, and a potential rate decrease by the Federal Reserve.
The largest non-exchange Ethereum wallets are accumulating ETH at record rates, holding over 41 million ETH while exchange wallets hold only 8 million ETH, indicating a shift towards self-custody.
Bitcoin's price surge towards $40,000 is accompanied by the anticipation of bitcoin spot exchange-traded funds (ETFs) approval by the SEC, with a potential window for approval between January 5th and January 10th.
KyberSwap is establishing a grant initiative to provide financial assistance to users affected by a $48.8 million security breach, with the grant equaling the USD equivalent of the assets lost and demonstrating the platform's commitment to its users and security.
A crypto whale has purchased over $180 million in digital assets, including Bitcoin, Binance Coin, Ethereum, and more, within a span of three days, catching the attention of on-chain tracking services.
Coinbase Global Inc's Chief Legal Officer, Paul Grewal, sold 10,000 shares of the company, raising concerns about the company's financial health and future prospects, as insider transactions often provide valuable insights.
Bitcoin is experiencing a resurgence, with its miner revenues showing signs of recovery, while Galaxy Fox's first stage presale has already sold out, making it a promising project in the crypto market.
Bitcoin's market structure is showing strong bullish momentum and could potentially reach $200,000, according to a trader's analysis based on the moving average convergence divergence indicator on the monthly chart.
United States District Judge Robert Shelby has warned SEC lawyers of possible sanctions for making deceptive statements in a legal action against crypto company DEBT Box, highlighting the complexities of cryptocurrency regulation and the importance of legal responsibility in high-stakes financial litigation.
Shibarium transactions have reached a new record high of $5.11 million, fuelled by increased traffic and rising gas prices, although the price of Shiba Inu remains in a consolidation phase.
The Israeli Defense Force (IDF) is using an AI-powered targeting management system called "The Gospels" to generate recommendations for precise attacks on infrastructure affiliated with Hamas and to minimize harm to non-involved civilians, while also targeting the private homes of individuals suspected of being Hamas or Islamic Jihad operatives. The IDF claims the system has identified 15,000 potential targets in Gaza since the conflict began, potentially doubling the number of targets hit in the war with Hamas in 2014.
The native asset for the AIOZ Network has surged over 120% this week after the release of a new "vision paper," with the token now trading at $0.151, up from $0.0683 a week ago, as the project plans to launch its Web3 infrastructure for AI, storage, and streaming.
The legal battle between the SEC and Kraken over allegations of operating as an unregistered securities exchange reflects a misguided attempt by the SEC to regulate the cryptocurrency industry without understanding its unique characteristics, potentially driving innovation and economic benefits away from the US to more crypto-friendly jurisdictions.
A federal judge has warned SEC attorneys that they could face sanctions for allegedly making false and misleading arguments that led to the freezing of a crypto firm's assets.
The Sporting Crypto Social NYC edition brought together leaders in sports, gaming, tech, and web3 to discuss tokenization and the integration of blockchain technology across various industries.
Bitcoin reached $39,000 per coin for the first time since the digital asset crash in May 2022, signaling a potential bull run due to increasing institutional interest, improving crypto fundamentals, and the potential approval of a Bitcoin exchange-traded fund (ETF) by the Securities and Exchange Commission. However, there are potential headwinds, including the risk of a recession and a denial of the ETF.
Solana-based DeFi aggregator Jupiter has commenced its airdrop, with users able to check how many JUP tokens they can expect to receive, and all users receiving at least 200 JUP regardless of trading history.
Digital asset manager Grayscale anticipates that a Bitcoin ETF will eventually be approved, and they aim to convert their Grayscale Bitcoin Trust into a spot Bitcoin ETF listed on the NYSE Arca exchange, although no specific timeline has been provided.
Bitcoin mining is contributing to the global water crisis, especially in water-scarce regions, and potential solutions such as software changes and renewable energy face practicality challenges, according to researcher Alex de Vries.
A Spanish citizen was arrested by Spanish police for organizing a cryptocurrency conference in North Korea, where attendees allegedly taught the country's officials how to use cryptocurrency to evade sanctions.