Research conducted by TRM Labs reveals that the growth rate of crypto-denominated fentanyl sales has slowed down in 2023. The first three quarters of the year saw an increase of just under 60% in these sales, a sharp decline from the 155% average growth rate recorded since 2019. TRM Labs Study Shows Slowdown in Crypto...Read More
The crypto space is constantly evolving, with new ideas and projects emerging now and then. The steady growth is attracting more people and, in turn, giving top names in the industry more influence. Crypto tax software firm CoinLedger has compiled a list of the most popular personalities in the digital asset industry using their respective...Read More
The Bitcoin market experienced a setback in its upward trend following the Securities and Exchange Commission’s (SEC) postponement of decisions regarding spot Exchange-Traded Funds (ETFs). This sparked a wave of profit-taking, with investors buying at lower prices and selling at peaks for gains. Current analysis predicts that without positive news, Bitcoin may face challenges in...Read More
Crypto cybersecurity firm Unciphered has unearthed a decade-old crypto wallet bug affecting browser-based wallets generated between 2011 and 2015. The bug may allow nefarious actors to steal up to $2.1 billion from wallets on various networks, including Bitcoin (BTC), Dogecoin (DOGE), Litecoin (LTC), and Zcash (ZEC). Discovering An Ancient Bug In an interview with the...Read More
The native token of the Yearn Finance ecosystem has plummeted by 40% overnight, which led to certain speculations within the community of a potential exit scam. Yearn Finance is among the most popular and prominent DeFi players, and it just recently hinted about an upcoming launch of its platform’s newest version, which questions the exit...Read More
Ethereum and XRP have slumped over the past 24 hours, with ETH down 2.78% and XRP down 3.96%. The selloffs come after a strong month for both cryptos, indicating it may be time for a cool-off before the next leg up. However, several other altcoins are still going strong and look primed to take advantage...Read More
BlackRock’s competition has heightened as Fidelity – a renowned financial giant with $4.5 trillion in assets under management – has filed for a spot Ethereum exchange-traded fund (ETF). Fidelity Goes for Ethereum ETF In a filing submitted to the United States Securities and Exchange Commission (SEC) on November 17, Fidelity outlined its plans to list and...Read More
Despite unfavorable economic conditions and the persistent bear market, institutional cryptocurrency adoption has been on the rise. Investors have remained resilient and expressed optimism and strong sentiment about crypto’s role in the future of financial settlements. A recent survey conducted by leading U.S. crypto exchange Coinbase found that 64% of institutional investors currently investing in...Read More
[PRESS RELEASE – New York, United States, November 17th, 2023] Membrane Labs Inc., a leading institutional-grade digital asset settlement and workflow management platform, today announced the successful completion of its first derivatives settlement with prominent trading firms QCP and Wakem Capital. The transaction seamlessly moved margin in fiat, showcasing the platform’s ability to facilitate the...Read More
Stani Kulechov – the founder of Aave Companies – has announced that the network of blockchain entities and ventures that he created has rebranded as Avara. Rebranding to Reflect New Priorities According to Kulechov, the name change reflects Avara’s new mission to go beyond DeFi by bringing Web3 to “all users globally with different kinds...Read More
In a strategic move, Fidelity, a renowned American financial services corporation, has officially filed for its Spot Ether ETF. This comes on the heels of its recent refiling for a spot Bitcoin ETF. Addressing any potential concerns, the filing clarifies in Item 6 that it has not granted consent to the Securities and Exchange Commission...Read More
