Some market observers were caught off guard last week by the sudden explosion in daily activity of VanEck’s spot bitcoin ETF. The relatively new investment product recorded more than $400 million in trading volume, a gain of almost 1,400% compared to the second most active day of the exchange-trade fund.
The impending Dencun upgrade, which will boost throughput and decrease the cost of certain network transactions, may have contributed to Ethereum’s recent price increase, according to asset manager Grayscale Investments. However, many market watchers are relating the rise in prices to optimism surrounding the potential approval of a spot ether
BlockFi reportedly transferred nearly $50 million worth of digital assets, including a sizable Chainlink (LINK) position, to leading exchange Kraken. The 2.4 million LINK tokens shifted, worth over $48.37 million, have sparked discussion around the potential price impact ahead. On-chain monitor EmberCN revealed that alongside tokens like UNI, AVAX, and
From February 2nd to February 16th, UXLINK, a Web3 social infrastructure with a unique “Real World Social” and “group” model, launched a two-week joint campaign with OKX Web3 wallet, and it was reported that in the two weeks since the campaign went live, more than 230,000 OKX Web3 wallet addresses
The biggest Spanish telecom company, Telefónica, has joined up with Web3 oracle provider Chainlink to strengthen defenses against SIM swaps, a common way hackers break into systems. Moreover, the two companies’ strategic partnership would “enable the secure connection” of smart contracts with other GSMA Open Gateway APIs, according to Telefónica’s
The leading altcoin, Chainlink (LINK), has captured attention as large-scale investors, known as crypto whales, have initiated a significant accumulation of LINK tokens. Following LINK’s surge to a remarkable two-year high of $19.62 on Monday reports from blockchain analytics firm Lookonchain have unveiled intriguing insights into the buying spree among
Yet another multi-hundred thousand dollar crypto hack hit the news this week, tied to the surging real-world asset tokenization trend and lax security practices. According to threat intelligence group Arkham, hacking syndicate Inferno Drainer made off with $900,000 worth of Chainlink’s LINK tokens from a Swiss crypto investment fund’s hot
The cryptocurrency market has witnessed a significant surge in Chainlink (LINK) prices, with a notable 24% increase this week and reaching a two-year high currently at $19.6. This surge is fueled by a series of intriguing events, including a surge in dormant whale transactions, technical indicators pointing towards a bullish
In a significant move to bolster the Web3 experience for millions, UXLINK, the leading social infrastructure within the Telegram ecosystem, has proudly announced its partnership with OKX Web3 Wallet. This collaboration marks the launch of the exclusive OKX Web3 Wallet Bundle Campaign, set to distribute a staggering $5,000 worth of
After the biggest breach of 2024 thus far—a $112 million attack on Ripple co-founder Chris Larsen’s personal wallet on January 31—cryptocurrency exchange Binance froze $4.2 million worth of XRP. Richard Teng, CEO of Binance, took to social media to announce that the exchange has blocked the exploiter’s address. He also
