Blockchain investigator ZachXBT has accused USDC issuer Circle of ‘profiting’ from transactions associated with the North Korean hacking outfit Lazarus, and the claims are serious. Web3 investigative star ZachXBT recently blasted Circle and CEO Jeremy Allaire on the social networking platform X. The inability to promptly ban wallets implicated in
Coinbase’s newly launched wrapped Bitcoin product, cbBTC, has quickly gained traction, amassing a market capitalization of nearly $100 million within its first 24 hours. According to Dune Analytics, cbBTC’s circulating supply stands at 1,720 tokens, valued at $99.8 million. Of this, 43% is held on Base, Coinbase’s layer-2 network, while
In a market subdued by slow activity, Polygon’s native token, POL (formerly MATIC), has emerged as a standout performer. The token recently reached a 12-day high of $0.4219, recovering from a prolonged bearish phase. As of the latest data, POL is trading at $0.4141, marking a notable 9.3% increase in
Staking in cryptocurrency lately has been something in high demand among those investors who are willing to generate some passive income by locking up their digital assets for the benefit of blockchain networks. The thing is, though, in a sea of staking services, picking the one that suits your needs
A federal judge in the United States has dismissed a class-action lawsuit against Atomic Wallet, an Estonian-based crypto firm. Philip Brimmer, a judge in the Colorado district court, agreed, concluding there were insufficient grounds for the U.S. court to handle the case. Following a $100 million hack in June 2023,
In the wake of Bitcoin and Ethereum spot ETF approvals in the United States, the cryptocurrency community has turned its attention to Solana as the potential next contender in the ETF race. As the fifth-largest cryptocurrency by market capitalization, Solana’s unique position in the crypto ecosystem has sparked discussions about
Howard Lutnick, the CEO of Cantor Fitzgerald predicts that traditional finance (TradFi) companies want to transact in bitcoin as a new asset. But they are hesitating to take further steps because of all the existing requirements of U.S. regulators. Lutnick on his official X post stated, “Bitcoin has been an
Chainlink (LINK) finds itself in a state of limbo, its price action tethered to broader market trends as it continues to move sideways. However, a potential breakout opportunity looms on the horizon, signaled by the convergence of key technical indicators, particularly the Bollinger Bands. LINK’s recent price history has been
Tron’s gas revenue increased by 46.54% in August 2024, reaching $61.43 million according to data from Lookonchain. This surge significantly outpaced other major blockchain networks such as Ethereum, Solana, and Bitcoin, all of which saw declines in gas revenue during the same period. Ethereum’s gas revenue fell by 33.44%, Solana’s
The most influential blockchain conference in Asia, Blockchain Week 2024, is delighted to announce that Mark Karpelès, the former CEO of Mt. Gox and a pioneer in the blockchain sector since 2009, will be one of the featured speakers at its flagship event, KBW2024: IMPACT. Mark Karpelès became a founding member of
