August, 2024

August, 2024

Ransomware and theft drive over $2 billion in illicit crypto activity in 2024 – Chainalysis
Stolen funds and ransomware amounted to over $2 billion in illicit crypto transactions in 2024, according to Chainalysis. Despite an overall 20% decline in illicit on-chain activity year-to-date, the...

Bitcoin records negative returns during Asian trading hours post-April 2024 halving
Onchain Highlights DEFINITION: This metric shows the 30-day change in the regional price set during Asia working hours, i.e., between 8 am and 8 pm China Standard Time (00:00-12:00 UTC). Bitcoin’s p...

ZachXBT exposes North Korean agents infiltrating crypto projects to conduct thefts
Crypto investigator ZachXBT has unveiled a sophisticated operation involving North Korean IT workers who infiltrated a project’s development team and stole $1.3 million from its treasury. The theft ...

94% of Bitcoin’s total supply has now been mined
Onchain Highlights DEFINITION: Bitcoin is a uniquely scarce asset, with a hard-capped limit of 21,000,000 coins that can be mined. This chart shows the following traces: ...

Crypto Analyst Says ‘Mother of All Squeezes’ Incoming for Altcoin That’s Currently Outperforming Bitcoin
One decentralized exchange (DEX) altcoin is on the verge of the “mother of all squeezes,” according to a popular crypto analyst. The pseudonymous trader known as The Crypto Dog tells his 810,100 f...

Democratic Senator Chuck Schumer and Billionaire Mark Cuban Speak at ‘Crytpo4Harris’ Campaign Event: Report
Shark Tank billionaire Mark Cuban is throwing his weight behind Vice President Kamala Harris in the upcoming US Presidential election. According to multiple reports, Cuban spoke last night at the Cryp...

Long-Term Bitcoin Holders Accumulate Over $22,058,146,000 in BTC Over the Past Three Months, According to Glassnode
Long-term Bitcoin (BTC) holders are suddenly rapidly accumulating massive amounts of the top digital asset by market cap, according to blockchain analytics platform Glassnode. In a new analysis, Glass...

Analyst Says Bitcoin Primed To Crash Below $50,000 if Major Level Holds, Updates Outlook on Sui and Helium
A closely followed crypto analyst said that Bitcoin (BTC) could dip below the $50,000 mark if one major support level fails to hold. In a new strategy session, pseudonymous crypto trader Altcoin Sherp...

Coinbase Now Available in Hawaii Following Regulatory Clarity From America’s 50th State
Crypto exchange Coinbase just announced that Hawaii residents can now use its platform to buy and sell digital assets. In a statement, the largest US-based crypto exchange says its products and servic...

Defying Gravity (G)? Low Cap Ethereum-Based Altcoin Rises After Coinbase Listing
One low-cap layer-1 altcoin that recently rebranded itself is rising after abruptly gaining support from top US-based crypto exchange platform Coinbase. In a new announcement, Coinbase Assets says tha...

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