Tag Archives: AA News

The cryptocurrency market is in retreat once again, with bitcoin dumping below $95,000 for the second time since Monday evening. While many altcoins are also deep in the red, the ever-volatile meme coin sector has produced some of the most violent corrections. Although there are many success stories of small-time investors turning thousands of dollars into hundreds of thousands or even millions, the meme coin niche remains highly-volatile and risky, especially in times of...

Bitcoin’s price decline, triggered by a selling spree in the crypto market, hasn’t dampened institutional interest. CryptoQuant’s latest insights show the Coinbase Premium climbing, reflecting robust US investor activity during this volatile phase. Coinbase Premium Jumps The Coinbase Premium, a metric that tracks the percentage difference between Bitcoin’s price on Coinbase Pro and Binance, has surged following a sharp decline in BTC’s value. Negative Coinbase Premium values,...

USDT emerged as a leading digital asset in Q4 2024, with 109 million on-chain wallets holding it, more than double the number for Bitcoin and nearing the 128 million wallets that own Ethereum. Beyond on-chain activity, 86 million accounts on centralized platforms have received USDT deposits. USDT’s Dominance According to the second edition of ‘Tether Insights,’ the stablecoin issuer revealed that exchanges recorded 4.5 billion web visits in the first three quarters of 2024,...

Radiant Capital has revealed new findings about the $50 million hack targeting its decentralized finance (DeFi) platform in October, attributing the attack to a North Korea-aligned hacking group. The attackers gained access through an elaborate scheme involving malware distributed via Telegram. $50M Radiant Capital DeFi Hack The breach, first discovered on October 16, 2024, prompted Radiant to partner with cybersecurity firms like Mandiant, zeroShadow, Hypernative, and SEAL...

Bitcoin’s latest price rejection at the coveted $100,000 mark has pushed the asset south hard, dumping by about six grand in hours. The altcoins followed suit with massive losses from most of them, including double-digit price declines from WIF, TIA, FIL, APT, LTC, and others. Bitcoin/Price/Chart 9.12.2024. Source: TradingViewShortly after CryptoPotato’s Market Watch from the morning, BTC actually went on the offensive and jumped above $100,000. However, that was short-lived,...

Fox News reporter Eleanor Terrett has warned of a deceptive news article circulating online. The publication used her name and official Fox News graphics to promote a scam involving a non-existent BlackRock token. The Fraudulent Piece Terrett raised the alarm on X, stating: “There’s a fake article circulating using my name and official Fox graphics to promote a scam BlackRock token sale.” She also cautioned users to remain vigilant against the scam. A screenshot she shared...

Sushi’s chief exec, Jared Grey, has released a roadmap for 2025 that outlines a series of strategic product launches and ecosystem expansions. Following a comprehensive governance overhaul in April, the Sushi DAO formalized its structure with the establishment of the Sushi DAO Foundation and Sushi Labs. This move aims to promote the DAO’s interests through a multi-token ecosystem, facilitating the launch of new products. Sushi’s 2025 Strategy Among the planned initiatives is...

According to blockchain analytics platform SpotOnChain, on December 9, the Royal Government of Bhutan transferred 402 Bitcoin (BTC) worth $39.56 million to QCP Capital. This is the latest in a series of transactions from Bhutan’s government, which has been actively selling its Bitcoin reserves since October. Previous Transfers and Current Reserves SpotOnChain data shows that the wallet has moved 1,696 BTC, valued at $139 million, since Bitcoin’s price surge in late October....

India’s Goods and Services Tax (GST) authorities have reported a $99.1 million tax evasion case involving 17 cryptocurrency exchanges operating in the country. Nest Services Ltd., a company linked to Binance Group, stands out as one of the most significant offenders. The firm is accused of evading $86.8 million in GST. India Recovers $14.7M in Crypto Tax Crackdown According to an Economic Times report, Minister of State for Finance Pankaj Chaudhary revealed in a written...

A record 35.5% of BNB Chain’s blocks were affected by Sandwich attacks in November. Over the past week alone, 645 Sandwich Bots were found to be active on the chain. In total, roughly 43,400 DEX traders were impacted during the entire ordeal. Sandwich Bots Exploit BNB Chain According to data compiled by Dune Analytics, the trading volume on BNB Chain’s DEX reached $9.232 million that week, with Sandwich Bot transactions contributing $1.322 million. A sandwich attack, which is...