The supply of stablecoins on the Ethereum chain has dropped by more than 30% from the peak of $ 100 billion to $ 66 billion since 2022. The study data shows BUSD and USDC as the two stablecoins which caused the overall market value to fall from $ 139 billion to $ …
Man Fingered in the July 2022 Hack on 2 Decentralized Exchanges Pleads Guilty to Computer Fraud
U.S. Attorney for the Southern District of New York announced on Dec. 14 that Shakeeb Ahmed, a man accused of hacking two decentralized crypto exchanges, had pleaded guilty to the charge of computer fraud. Ahmed is said to have attempted to cover his tracks by using overseas crypto exchanges and swapping the stolen assets with […]
Coinshares Report Shows Rising Optimism in Digital Assets Drives Strongest Inflows Since July 2022
While closing out October, the digital asset market has witnessed a significant rush in optimism, culminating in $ 326 million in fund inflows, marking the largest single-week gain in one and a half years, according to Coinshares latest digital asset fund flows report. Digital Asset Market Soars Higher With Record-Breaking Inflows This week’s Coinshares …
Biggest Movers: LINK, SOL Race to Highest Levels Since 2022
Chainlink extended recent gains on Wednesday, as the cryptocurrency rose to its highest point since last year. Prices rose by as much as 9% today, taking the total gain to 50% over the last seven days. Solana was another notable gainer, surging over the $ 33.00 mark. Chainlink (LINK) Chainlink (LINK) was a notable …