In Q4 2024, venture capital (VC) firms invested $ 3.5 billion into crypto and blockchain startups, a 46% increase from the previous quarter. 2024: Weakest Year for Crypto VC Fundraising Venture capital (VC) firms poured $ 3.5 billion into crypto and blockchain-focused startups in the last quarter of 2024. The investment, 46% higher …
MEXC Platform Token MX: Key Achievements and Highlights of 2024
MEXC, the world’s leading cryptocurrency trading platform, is pleased to reflect on the key highlights of its MX token in 2024 and showcase the significant benefits it has brought to its users. In 2024, MEXC completed a total of 2,202 free airdrop events through its MX token, distributing more than $ 127.43 million in …
TRM Labs: Tron Saw Largest Illicit Volume Reduction in 2024
TRM Labs highlighted that Tron experienced the largest decline in volumes linked to illicit activity during 2024, with a reduction of $ 6 billion, almost halving the numbers registered in 2023. It stated that this is in part thanks to the actions of the T3 Financial Crime Unit established in August. TRM Labs Report …
CoinW’s Crypto Industry Insights and Market Trends for 2024
Towards the close of 2024, the cryptocurrency market experienced a notable transformation, reaching a total market capitalization of around $ 3.908 trillion on December 17. This increase was largely fueled by Bitcoin’s ascent past $ 100,000 for the first time, a development significantly influenced by the approval of spot Bitcoin ETFs in the …
Chainalysis: Stablecoins Emerge as the Cornerstone of Illicit Crypto Activity in 2024
Illicit cryptocurrency activity reached significant levels in 2024, with $ 40.9 billion directed to wallets linked to criminal activities, according to the latest report from Chainalysis. As blockchain systems continue to mature, malicious actors are adopting increasingly sophisticated techniques and refining their operations into organized ventures. Chainalysis Report Highlights Increasing Professionalization of Crypto Crime …