In 2023, the top ten Web3 projects collectively raised $ 1.78 billion in funding, a figure which is 70% lower than the $ 5.87 billion raised in the previous year, the findings of a new study have shown. The findings also show that Web3 projects were able to attract $ 9 billion …
North Korea-affiliated hackers stole digital assets worth $ 600 million in the past year. According to a TRM Labs report, this figure will likely rise to $ 700 million if additional attacks which occurred at the tail end of the year are traced to the same hackers. North Korea and its affiliates reportedly …
Following numerous proclamations of bitcoin’s demise in 2021 and 2022, totaling 47 and 27 on the Bitcoin Obituaries list respectively, a mere eight declarations were noted in 2023. The final one emerged at the year’s end, attributed to crypto advocate Arthur Hayes, who warned that if exchange-traded funds (ETFs) achieve excessive success, “they will completely […]
Crypto automated teller machines (ATMs) have experienced a decline this year, marking the first downturn since October 2013, with the total count dipping from 39,350 to the present 33,620. Approximately 5,730 cryptocurrency ATMs have been decommissioned, constituting a 14.56% decrease from the peak in December 2022. Over 5,700 Crypto ATMs Vanish in Historic 2023 Downturn […]
In December, bitcoin miners garnered the highest monthly revenue of the year, amassing $ 1.51 billion. Additionally, this month marked a record in fee collection, with miners securing $ 324.83 million in onchain transaction fees. Bitcoin Miners Smash Records — Highest Monthly Haul of $ 1.51 Billion in December 2023 December 2023 …