Month: October 2020

ETH Volumes Top $119.5 Billion in Q3: High-Risk Dapps Dominate Tron Network

by

A recent report says total Dapps transaction volumes reached $125 Billion in Q3 2020, a figure which is $113 billion higher than in Q2 2020. From these volumes, the Ethereum blockchain accounts for 96% or $119.5 billion of the total created value with the majority of this being attributed to the DeFi ecosystem. Still, the … Read more

Kucoin CEO Says Exchange Hack Suspects ‘Found,’ $204 Million Recovered

by

According to the Kucoin exchange CEO Johnny Lyu, the trading platform has recovered $204 million in crypto assets since October 1. The exchange executive says the hacking suspects have been “found” and the “police are officially involved” in order to take action. On September 25, 2020, the crypto community found out that the Kucoin exchange … Read more

$8M Worth of ‘Sleeping’ Bitcoin Rewards from 2010 Moved the Day Before ‘Black Thursday’

by

Over a half a million dollars worth of bitcoin from a May 2010 coinbase reward was transferred to Bitfinex on October 1. A parser recorded the old coins being spent and since mid-February 2020, roughly 33 so-called ‘sleeping bitcoin addresses’ from ten years ago have been spent to-date. Interestingly, 20 out of the 33, 2010-issued … Read more