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At the start of the week, U.S. spot bitcoin exchange-traded funds experienced their seventh consecutive day of net outflows, losing $174.45 million during Monday’s trading session. Grayscale’s Bitcoin Trust (GBTC) was impacted most, seeing approximately $90 million in outflows. GBTC Leads Outflow as Bitcoin ETFs See Continued Decline On Monday, another day of outflows hit … Read more
Rollbit, a prominent cryptocurrency sportsbook and casino, has seen significant growth recently in its token $RLB value. The platform, which debuted in 2019 and offers gaming, sports betting, futures trading, and NFT options, experienced a 20% price surge in the past 24 hours and a 30% increase over the last week. Data from iCrypto.ai reveals … Read more
Today’s memecoin rally has seen notable increases, with $STONKS and $WOLF rising by 25% and 14%, respectively. Reports indicate that insiders of these coins have been strategically active, buying into a new memecoin, further fueling the market excitement. Data from iCrypto.ai reveals that two smart wallets, which previously made significant profits on $WOLF and $STONKS, … Read more
After a decade-long wait, creditors of the defunct Mt Gox exchange are set to receive in-kind distributions of bitcoin and bitcoin cash starting in July. The head of research from Galaxy Digital predicts the market impact of these distributions will be less severe than anticipated. Long-Term Bitcoin Holders Likely to Retain Mt Gox Bitcoin Distributions … Read more
The market has revealed its preferences, showing strong interest in leading Real World Asset (RWA) tokens $TOKEN and $ONDO. Despite a general market decline today, both tokens have maintained stable trading charts, indicating robust support from institutional investors and crypto enthusiasts. $ONDO, in particular, demonstrated notable resilience, rising by 2% despite challenging market conditions. Earlier … Read more
Crypto payments gateway solution Transak has teamed up with Privado ID to launch a new “Reusable KYC” service aimed at improving the decentralized identity verification process. This collaboration introduces a novel method that promises to maintain user privacy without compromising on regulatory standards. Transak and Privado ID Team Up to Simplify KYC According to the … Read more
According to Crypto Rank data, several tokens with significant unlock amounts are set to be released this week, potentially impacting their market dynamics. June 24: Worldcoin (WLD) – Unlock Equivalent: $8.79 million – Tokens to be Unlocked: 3.20 million Worldcoin kicks off the week with the unlocking of 3.20 million tokens, valued at $8.79 million. … Read more
According to HC Capital, a prominent crypto research platform, all newly listed tokens on Binance in 2024 have experienced significant declines from their all-time highs (ATH). These tokens span diverse sectors, including GameFi, AI, Layer 2, and Layer 3 technologies. The widespread downturn is attributed to several key factors: 1. Market Volatility: Initial hype and … Read more
According to security firm SlowMist, phishing activities are becoming increasingly prevalent within the TON ecosystem. The decentralized nature of the Telegram ecosystem has inadvertently fostered an environment where phishing links and deceptive bots proliferate in message groups and airdrops, targeting users’ TON wallets on a large scale. These malicious schemes aim to steal not only … Read more
A trader fell victim to a phishing attack over the past trading weekend, losing a staggering $11.1 million after inadvertently signing fraudulent transactions. The scam resulted in the theft of 3,657 MKR tokens, valued at $8.7 million, and 2.56 million PT Ethena tokens worth $2.4 million. Someone lost $11.1M in a phishing attack 5 hrs … Read more