Crypto hackers steal $71M in November, bringing yearly total to $1.48B
Cryptocurrency hackers continue damaging the industry’s reputation as the yearly value stolen through cyberattacks nears $1.5 billion.
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Bitcoin Transaction Fees Drop Under $1, Returning to April Levels
After increasing more than 1600% between April 5 and May 20, Bitcoin transaction fees have now dropped to $0.56. 600 Total views 23 Total shares The average transaction fees for Bitcoin have dropped under the $1 mark, and are back to levels not seen since before the rewards halving. According to data from crypto analytics website…
Powers On… The Fed endorses cryptocurrency — Kind of
This month, the Board of Governors of the United States Federal Reserve System issued its widely anticipated report on the nation’s possible use and adoption of digital currencies for its financial system. The document is titled “Money and Payments: The U.S. Dollar in the Age of Digital Transformation,” and true to its name, the paper…
Kalshi adds global elections to betting platform
The US's first election betting market has added contracts for trading on national elections from Australia to Ecuador, public filings show.
BlackRock surpasses $10.6T record AUM boosted by ETF inflows
The asset manager saw record ETF inflows at the beginning of the year, helping it surpass the $10 trillion mark.
Ethereum Smart Contracts up 75% to Almost 2M in March
Smart contracts on the Ethereum network are up almost 3x from the previous month to nearly 2 million, while deployment costs for the network are at a low. 848 Total views 49 Total shares The number of smart contracts deployed on the Ethereum network reached 1,971,632 in March, hitting a new all-time high and marking…
BitGo raises $100M after losing lawsuit against Galaxy
BitGo’s Series C funding featured entirely new investors based in the United States and Asia, CEO Mike Belshe said. 286 Total views 1 Total shares Cryptocurrency custody platform BitGo has raised fresh capital after facing a series of terminated deals involving firms like Michael Novogratz’s Galaxy Digital.BitGo has raised $100 million in a Series C…
Whales prepare for next altcoin rally, DeFi is ‘waking up’ — Finance Redefined
Crypto whales are positioning themselves for the next “altcoin season,” while DeFi loans are seeing a resurgence back to 2022 highs.
US state agency issues alert on crypto fraud happening over social media
Vermont issued the investor alert after a 74-year-old man lost his life savings of over $340,000 in a crypto fraud orchestrated over Instagram and Telegram. 294 Total views 7 Total shares The Vermont Department of Financial Regulation (DFR) — the United States state of Vermont’s financial regulatory agency — warned citizens against rising crypto investment…