A crypto whale has fallen victim to a phishing attack, losing a substantial 55.47 million DAI tokens ($55M) after negligently signing a fraudulent transaction. According to the on-chain data, the funds were stored in the vault of Maker, a decentralized finance (DeFi) protocol built on Ethereum. However, the ownership of
The Tron network founded in 2017 maintained an average of 7 million transactions per day with over 8.2 billion transactions. This network has now recorded an impressive 7.99 million daily transactions last week. The low gas fee of the network is one of the major reasons for the high number
In 2024, Bitcoin miners have encountered significant financial challenges, with daily revenue dropping to an unprecedented low of $2.5 million. This decline marks the lowest point in the year and reflects the increased difficulty of mining operations. According to the information on Blockchain.com, the mining revenue has dropped to -0.06%.
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced an unprecedented milestone, achieving an all-time high daily trading volume of over 107 billion earlier this week. This remarkable figure represents a staggering four times increase compared to Bybit’s daily average trading volume of 25 billion, solidifying its position
The quest for the next major digital asset heats up as the cryptocurrency market rebounds from recent declines. The price prediction for Cronos (CRO) indicates potential upward movement, while the forecast for DAI underscores stability issues amid market volatility. Conversely, BlockDAG is drawing significant attention, especially with UFC champion Alex
Recently, Toncoin—the native token of the TON (The Open Network) made a huge leap forward. The statistics revealed by ‘The Block Pro’ today indicates that the number of daily active addresses on the network increased by an astounding 5360% year-over-year this month. In addition, analytics, gaming (P2E), and investments are
The crypto market is witnessing significant fluctuations. Recently, Bitcoin has shown signs of struggle but is now signalling ‘greed’ with ETF inflows surpassing $300 million. On the other hand, DAI is under pressure, facing a price drop due to political uncertainties and increased crypto supply from Mt. Gox repayments. In
On Wednesday, a total of $53.35 million daily net inflow was recorded into the eleven U.S. spot bitcoin exchange-traded funds, bringing the positive run to nine days. Having said that, Tuesday’s net inflows of $422 million were far higher. SoSoValue data shows that BlackRock’s IBIT had the day’s greatest net
In renewed bullish activity across the cryptocurrency market, propelled by Bitcoin’s recent surge to $63,000, meme coins have once again captured the spotlight. Among them, Floki, a meme-based cryptocurrency inspired by Elon Musk’s dog, has seen significant movements. Today, Floki recorded a 28% increase, pushing its price to $0.0001866 and
Solana’s price forecast teeters near $150 as market indicators send mixed signals, while Cardano’s news celebrates its proactive stance on MiCA compliance, placing it ahead of regulatory challenges. Amid these updates, BlockDAG’s X100 Mining rig and its potential to hit a $10 valuation by 2025 steal the spotlight. Promising to
