Report forecasts stablecoins growing from 1% to 10% of US M2 and FX, spurred by advancing regulatory clarity With a current market cap of less than $200 billion, stablecoins represent a tiny fraction of global financial transactions – just 1% of US money supply and foreign exchange operations. However, a...
Hackers Have Stolen $1.49B YTD, DeFi Suffers 200 Attacks But CeFi Isn’t Safe Either
Cybercriminals target CeFi by posing as recruiters or planting fake employees to exploit infrastructure vulnerabilities and steal funds. In November 2024, hacks accounted for an overwhelming 99.96% of total losses. During the same period, fraud and rug pulls fell significantly, contributing to just $25,300 in total losses across two incidents....
Bitmain’s Antminer Imports in Limbo: Speculations Swirl Around Sophgo’s Huawei Ties
After facing months-long delays at US ports, certain miners suspect scrutiny over Sophgo chips tied to Huawei sanctions breaches. The US Customs and Border Protection (CBP) is holding specific imports of Antminer ASIC miners at various ports across the country. Seven US-based bitcoin mining companies, who spoke anonymously, claimed that...
Cardano’s (ADA) Bullish Revival: Network Activity Hits 840K Transactions
Cardano network activity continues to surge, mirroring 2022 levels, after ADA reclaims $1-level. Cardano (ADA) has remained in the top 10 cryptocurrencies by market cap despite a brief slowdown this week. Over the past day alone, ADA gained over 7%, depicting its revival with the onset of the bull market....
Will $9.5B Bitcoin Options Expiry Drive Markets Higher?
Another Friday has arrived, and a huge batch of Bitcoin options are set to expire as the asset starts to recover from its correction. Approximately 98,500 Bitcoin options contracts will expire on Friday, Nov. 29, in a large end-of-month expiry event. They have a notional value of $9.48 billion, which...
Vancouver Mayor Proposes a Motion to Make City ‘Bitcoin-Friendly’
Vancouver Mayor Ken Sim's plan to embrace Bitcoin reflects growing interest in crypto's potential, with BTC recently hitting over $98,000 Vancouver Mayor Ken Sim has revealed plans to incorporate Bitcoin (BTC) into the city’s investment portfolio, aiming to position the town as a crypto-friendly hub. This initiative seeks to diversify...
DrPepe.ai Launches on Solana, Merging AI Innovation with Blockchain Technology
[PRESS RELEASE – Singapore, Singapore, November 28th, 2024] DrPepe.ai to launch on Solana, Merging DeSci & AI Innovation DrPepe.ai, an AI meme, schedules its TGE for Christmas ‘24 The “Immortality” White Paper is published on ArWeave on 28/11/2024 – https://x.com/drpepeai/status/1860815260799635791 Users can listen to the first X spaces with ArWeave...
UnGraduate Gamer Launches $UGG Token – Tapping Into India’s Crypto Market and Meme Coin Surge
[PRESS RELEASE – New Dehli, India, November 28th, 2024] UnGraduate Gamer, a prominent Indian YouTuber with over 11M subscribers and nearly 2bn views, is set to launch the $UGG token. This meme coin aims to merge India’s rapid blockchain growth with the global popularity of meme coins, offering a novel...
Cardano Whales on the Move: Is the ADA Price Gearing up for a Further Rally?
Check out ADA's next potential price targets (according to some popular analysts). TL;DR ADA whales have been on a buying spree lately, signaling potential price surges in the short term. Rising network growth and a 7% increase in large transactions support ADA’s rally, with 66% of investors now in profit...
MARA Boosts BTC Holdings to $3.3 Billion Through $1B Convertible Note Offering
MARA grows BTC holdings to 34,797 BTC, valued at $3.3B, following a $1B convertible note offering and 6,474 BTC purchases in November MARA, formerly Marathon Digital, has announced the purchase of an additional 703 BTC. This recent initiative follows an earlier purchase of 5,771 Bitcoin (BTC) on November 23, bringing...
