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Scroll, a prominent Ethereum Layer 2 network, has achieved a significant milestone by reaching $1 billion in total value locked (TVL). According to L2Beat, Scroll’s TVL surged by 21.9% over the past week, bringing it to $1.01 billion. This impressive growth makes Scroll the eighth Ethereum Layer 2 network to surpass the $1 billion TVL … Read more
Floki ($FLOKI) has recently been recognized as the top-performing cryptocurrency among the top 100 digital assets. This surge comes in the wake of $BNB’s impressive performance compared to $SOL and $ETH, leading many analysts to predict that $FLOKI could become the primary memecoin of the current bull run. A Forbes report highlighted Floki as one … Read more
MakerDAO has emerged as the standout performer in the multi-cycle DeFi space, surpassing Ethereum’s growth since the beginning of 2021. The DAO’s recent Endgame proposal has injected fresh momentum into its asset, bolstering its already robust fundamentals. In terms of revenue, MakerDAO has maintained a dominant position within the DeFi sector, capturing nearly 40% of all … Read more
Bitso, a leading Latin American cryptocurrency platform, has announced its partnership with Lightspark to incorporate the Bitcoin Lightning Network into its services. This integration aims to enhance the speed and affordability of bitcoin transactions for Bitso’s users. Bitso Adds Lightning Support via Lightspark The integration of Lightspark Connect will allow Bitso‘s 8 million retail customers … Read more
As news emerged about British High Court Judge James Mellor’s referral to prosecute Craig Wright for perjury, Wright’s website, craigwright.net, now displays a legal notice stating he is not Satoshi Nakamoto, the creator of bitcoin. The main page of the web portal hosts the notice, which reads: “Dr Wright is not the author of the … Read more
According to recent statistics from July 16, 2024, Google Trends data reveals a significant increase in interest for the term “ethereum,” climbing from a score of 57 out of 100 on July 14 to a peak of 82 on Monday. Similarly, the search query “bitcoin” saw a rise, moving from a score of 71 to … Read more
According to a recent update from Kraken, the centralized cryptocurrency exchange has received funds from the Mt Gox trustee. Consequently, bitcoin (BTC) and bitcoin cash (BCH) payouts will be distributed to creditors’ accounts within 7 to 14 days. Kraken Confirms Receipt of Mt Gox Funds On Tuesday, the Mt Gox trustee moved significant amounts of … Read more
According to onchain data, at 4:12 a.m. EDT on Tuesday, 48,641 bitcoin worth just over $3 billion were transferred by the Mt Gox estate ahead of the forthcoming distribution. Mt Gox Estate Moves Large Holdings Before Distribution After the price of bitcoin (BTC) climbed above $65,000, Mt Gox sent 48,641 BTC, valued at $3 billion, … Read more
In July 2024, over $35 million from the infamous $305 million DMM Bitcoin hack has been laundered through the online marketplace Huione Guarantee. Suspicions point to the Lazarus Group, known for sophisticated laundering techniques and off-chain indicators linked to similar cyberattacks. Tether’s Response and Laundering Path Over the weekend, Tether took action by blacklisting a … Read more
The Minterest protocol recently suffered a security breach resulting in the loss of approximately $1.4 million in assets. The exploit occurred on the Mantle chain, with the attacker funded by TornadoCash on the Ethereum (ETH) chain. All stolen funds on the Mantle chain have since been bridged to ETH. 🚨ALERT🚨@Minterest has encountered a security breach … Read more