The US Securities and Exchange Commission (SEC) has filed a complaint against Richard Schueler, also known as Richard Heart, alleging that he raised over $1 billion in unregistered securities offerings from retail investors in the United States and abroad.  The SEC claims that Heart operated through three unincorporated alter-ego entities, Hex, PulseChain, and PulseX, and […]

Ethereum MEV Bots have recorded one of their most profitable days due to the Curve Finance exploit. Ethereum’s core developer Eric Connor made this revelation in a couple of tweets on the X platform.  Today has produced some of the largest MEV reward blocks in Ethereum’s history. Slot 6,992,273: 584 ETH Slot 6,993,342: 345 ETH […]

On-chain data shows the Bitcoin active addresses metric has been decreasing recently, a sign that investors may be losing interest in BTC. Bitcoin Active Addresses Have Taken A Hit Recently As an analyst on X pointed out, the active addresses metric may signal that the network activity has dropped recently. The “daily active addresses” is […]

In July 2015, the Ethereum blockchain was launched by Vitalik Buterin and his team of co-founders. With its native cryptocurrency Ether (ETH) and smart contract functionality, Ethereum aimed to become a decentralized world computer that could execute peer-to-peer agreements and applications. Over the past eight years, Ethereum has cemented itself as the leading smart contract […]

In light of the recent security breach that affected Curve Finance’s CRV token, South Korean-based cryptocurrency exchange Upbit has announced a temporary suspension of deposits and withdrawals for the token.  Upbit Advises Caution Amid Volatility Upbit’s precautionary suspension of all CRV deposits and withdrawals occurred after a reentrancy attack on the Curve Finance platform. The […]

According to crypto news outlet DL News, there is more about Coinbase and its interaction with the U.S. Securities and Exchange Commission (SEC). The reports about the interaction added animosity towards the regulator from the crypto community. Related Reading: Crypto Investment Products See Second Week Of Capital Flight: CoinShares Coinbase Clears The Record? As Bitcoinist […]

Popular blockchain gaming software Animoca Brands has announced that it is investing $30 million in Hi, a crypto exchange startup headquartered in Hong Kong. The announcement is particularly groundbreaking, given that around the world, funding for cryptocurrency platforms is increasingly becoming rare due to economic uncertainty and growing regulatory challenges.  A Partnership That Works The […]

Maker (MKR) has enjoyed a sharp 23% rally today, but if the data of this on-chain metric is anything to go by, this rise may not last too long. Maker MVRV Ratio Has Registered A Surge In Recent Days The past month has been great for Maker investors, as the asset’s value has gained a […]

According to a report by CoinShares published today, crypto investment products have experienced a second consecutive week of capital outflows, indicating a potential shift in investor sentiment. The report, titled “Volume 142: Digital Asset Fund Flows Weekly Report,” was authored by James Butterfill. Crypto Investment Products See Waning Interest “At the half year mark, digital […]

In a series of crackdowns on illegal crypto mining operations in the town of Miri on the island of Borneo, Malaysian authorities have seized a total of 171 cryptocurrency mining servers using stolen electricity. The discovery of a covert mining operation was made possible through a tip-off from the public, and it sheds light on […]

South Korea is currently making a crucial stride in the digital currency sphere as a commitment in the space of central bank digital currencies (CBDCs). In the latest report, the country has earmarked three potential regions for pioneering its CBDC pilot, bypassing the nation’s capital, Seoul. The Bank of Korea, the country’s central banking authority, is charting new […]

Curve DAO faced a significant setback as millions of CRV tokens were pilfered just moments before a white hat rescue operation aimed at securing the funds, as revealed by blockchain data and Curve contributor Banteg. According to a report, approximately 7 million CRV tokens and $14 million worth of wrapped ether (WETH) were lost during […]

The crypto market, led by Bitcoin (BTC), has shown a bearish trend in the past week, with the leading digital asset slipping to a new 30-day low of $28,925. Meanwhile, the US stock indices continued to outperform Bitcoin, reflecting the divergence between traditional markets and the crypto space. As the market heads into a new […]

The journey of Bitcoin in 2023 has been remarkable, with significant milestones paving its path toward mainstream acceptance. Galaxy Digital CEO Michael Novogratz, a prominent figure in the crypto space, recently shed light on a turning point that sent shockwaves through the financial world.  During an exclusive interview with Bloomberg, Novogratz revealed how the tides changed […]

CryptoQuant data shows a significant drop in on-chain activity for ARKM, the native token of the Arkham Intelligence platform, after its recent airdrop. Active addresses have decreased by 99% as of July 30, resulting in a 98% decline in transaction volumes. The ARKM Airdrop: Details The rapid decline in on-chain activity is less than two […]

In a shocking revelation, Brian Armstrong, the CEO of Coinbase, has disclosed that the U.S. Securities and Exchange Commission (SEC) had recommended the crypto exchange to halt trading in all cryptocurrencies, excluding Bitcoin, prior to launching a lawsuit against the company. This move is seen as an indication of the SEC’s intent to exert regulatory […]