Ethereum (ETH)

A disturbing trend emerges in the demographic profile of pig butchering scam victims. While older adults have historically been the main targets of financial fraud, these scams now focus on younger, tech-literate individuals. The latest data reveals that those aged 30 to 49 represent the majority of reported cases. Pig Butchering Scams A 2024 study by Cyvers analyzed 150 major crypto platforms, including exchanges, payment service providers, and banks, with a focus on the...

Bybit freezes $42.89M in illicit funds with industry partners, halting crypto fraud. Swift action also blocks $26M meme token laundering scheme. In a significant move against crypto-related fraud, Bybit successfully froze $42.89 million in hqdk illicit funds within just one day. The collaboration between Tether and THORChain as well as ChangeNOW and FixedFloat with Avalanche Ecosystem and CoinEx and Bitget and Circle resulted in this accomplishment. Every partner took responsibility in...

Ethereum’s price action has been volatile in recent weeks, but the asset encountered a significant resistance zone. With strong selling pressure likely at this level, a rejection followed by a short-term decline appears probable. Technical Analysis By Shayan The Daily Chart ETH recently found support at the critical $2.5K level and has since jumped toward the $3K region, revisiting the previously broken trendline of the descending wedge. However, this upward movement appears...

The crypto market is charging full steam ahead in 2025, and investors are on the lookout for the next big thing. With institutional adoption at an all-time high, governments warming up to regulation, and blockchain technology evolving at lightning speed, this year is shaping up to be a massive one for digital assets. Amid the noise, a few standout cryptocurrencies are making waves and catching the attention of savvy investors. One such project that’s dominating the conversation is...

The use of cryptocurrency for payments has seen significant growth, as evidenced by Binance Pay’s expanding user base and transaction volume in 2024. According to data provided by Binance and analyzed by CryptoQuant, the number of Binance Pay users tripled from the previous year, reaching 41.7 million. This rapid adoption highlights the increasing role of crypto in everyday transactions. Stablecoins Lead the Charge The total transaction volume processed through Binance Pay in...

Ethena Labs’ exposure to Bybit decreased from $30 million to zero.  USDe stablecoin remains completely collateralized in off-exchange custody. Ethena Labs has assured that its unrealized profit and loss (PNL) exposure to Bybit is zero, after a significant security incident at the crypto exchange. The Ethereum-based synthetic dollar protocol assured users that it fully collateralized its USDe stablecoin and kept no backing funds on exchanges. The update comes after an initial release where...

The median cryptocurrency investor saw their portfolio grow by $5,482 in 2024, according to a recent report by crypto tax and portfolio tracking platform CoinLedger. The study analyzed data from more than half a million users, highlighting key trends in the digital asset market, including top-performing tokens and the impact of regulatory changes on trading platforms. Winners and Losers According to the report shared with CryptoPotato, SUPER, the native token of the...

With crypto markets heating up in 2025, investors are closely watching the next major breakout projects. While Bitcoin and Ethereum continue to dominate, a new wave of blockchain innovations is driving fresh investment opportunities. Whether it’s privacy-focused cryptocurrencies, DeFi lending, gaming blockchains, or layer-2 solutions, there’s no shortage of high-potential projects among the top 10 cryptocurrencies. One project that’s making serious noise in the crypto world is...

The cryptocurrency exchange Bybit, which just suffered a major security incident, is now launching a recovery bounty program. The team wants to give back 10% of the funds that anyone is able to recover, according to a press release shared with CryptoPotato. As reported previously, Bybit suffered a security breach, resulting in the theft of over $1.4 billion in ETH. The attack was carried out by the infamous Lazarus group, an organization allegedly run by the North Korean...

Blockchain investigator ZachXBT confirms Lazarus Group behind Bybit’s $1B hack, tracing stolen ETH through laundering networks. Experts warn of growing cyber threats. Blockchain investigator ZachXBT has confirmed that the Lazarus Group is responsible for the $1 billion hack on Bybit. Arkham confirmed the discovery today. The evidence presented by ZachXBT consisted of demonstration transactions as well as account associations established before the attack. His submission included achievements...