Two startups are joining forces to introduce a solution to verify total value locked (TVL) claims by Bitcoin decentralized finance (Bitcoin defi) projects. Why Bitcoin Defi Needs Proof-of-TVL At more than $ 30 billion in total value locked (TVL), Bitcoin decentralized finance (Bitcoin defi) is quickly becoming a profitable trend, but exaggerated TVL numbers …
Record Figures for Crypto Airdrops With Almost $15 Billion Distributed in 2024
Airdrops are transforming blockchain engagement with almost $ 15 billion given to crypto users in 2024. Massive Surge in Rewards via Airdrops Airdrops have become highly valuable tools for marketing new crypto projects. According to an onchain analysis by Dropstab, a crypto aggregator, $ 14.91 billion was disbursed by various projects in 2024 …
Crypto Theft Surge: Hackers Steal $1.38 Billion in First Half of 2024, Doubling 2023 Figures
A new report by blockchain intelligence firm TRM reveals that crypto thefts in the first half of 2024 have doubled compared to 2023, with $ 1.38 billion stolen by June 24. Major hacks constitute 70% of losses, with private key compromises and smart contract exploits as top attack vectors. Crypto projects are advised to …
Economist Highlights Possible ‘Hidden Recession’: Official Figures May Understate Inflation Impact
In a recent editorial, economist Peter St Onge explores the potential of a hidden economic recession, suggesting that official figures might not reveal the full extent of the decline. St Onge raises concerns about the accuracy of U.S. inflation data and its implications for measuring true economic growth. Peter St Onge, Official Figures May Understate […]