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The digital asset market recorded a historic milestone last week, with $3.1 billion in inflows—the highest weekly figure ever. Among the standout performers, Solana ($SOL) emerged as a leader, capturing $16 million in inflows, a figure five times greater than Ethereum’s. Solana’s Growing Ecosystem Over the past week, more than $300 million has been bridged … Read more
Bitcoin’s on-chain activity is experiencing a significant uptick, marking the first sustained growth of this scale since 2021. Daily active addresses are nearing 1 million, highlighting renewed interest in the cryptocurrency. https://twitter.com/intotheblock/status/1861338230676721786?t=Ut54ItPXiZ7fGUf1Wsdpzw&s=19 One factor contributing to Bitcoin’s recent retracement is elevated funding rates, which signaled excessive leverage in the market. However, these rates have now … Read more
Ethereum has reclaimed its position as the leader in USDT holdings, with 66.94 billion USDT on the network, surpassing Tron’s 61.77 billion. Ethereum’s USDT balance has surged by 62% this year, driven by the bullish market and Bitcoin’s recent all-time high (ATH). Despite potential short-term fluctuations as Bitcoin approaches the $100,000 mark, analysts remain optimistic … Read more
The Financial Conduct Authority (FCA) reports growing awareness of cryptocurrency in the UK, now at 93%, alongside a rise in ownership, which has reached 12% of adults, up from 10%. The average crypto holdings have grown to £1,842, with most new investors relying on family and friends for information. Alarmingly, 10% of buyers admitted to … Read more
Responsible marketing in crypto cultivates transparency, education and trust, serving as a critical tool for project legitimacy and industry growth. Go to Source
Bitcoin’s journey from idea to reality (and near six figures) has been amazing, and Hemi co-founder Jeff Garzik says the network is ready for its next growth stage. Go to Source
The Sui Network, often compared to Solana for its speed and scalability, faced its first significant outage on Thursday, causing a two-hour halt in transactions. The issue stemmed from a bug in the network’s transaction scheduling logic, preventing validators from producing new blocks. The Sui network is back up and processing transactions again, thanks to … Read more
A recent investigation has shed light on a social engineering scam where the perpetrator, known as Ronald Spektor (or Ronaldd), allegedly played a pivotal role in stealing $6.5 million from a single victim last month. The victim, based in the US, reached out on October 7, 2024, after receiving a phone call from a spoofed … Read more
The Bitcoin network has seen an impressive surge in its Total Value Locked (TVL), surpassing $4.3 billion with 44,369 BTC currently staked. This growth follows Babylon’s groundbreaking introduction of native Bitcoin staking, which has revolutionized how users participate in Bitcoin’s ecosystem. Babylon Labs is at the forefront of this shift, with nearly 24,000 BTC staked … Read more
In an impressive trading feat today, a single wallet made $2.5 million in just three hours by trading $FATHA. On-chain data indicates that the wallet may belong to @cooksassistant, a known figure in the crypto space. Approximately six hours ago, this trader spent 13 $SOL (worth around $3,300) to acquire 57.89 million $FATHA tokens on … Read more