February 24, 2024 – Montreal, Canada Solsniffer, the first blockchain intelligence tool for the Solana blockchain, is now live. Bonk’s explosive rise gave Solana an impressive boost in traders adoption, but with great power comes great challenges. The inflow of scams on Solana made it clear it needed a security upgrade. The app allows Solana …
Monthly archives: February 2024
New AI and hardware may crack the code on lost crypto
The following is a guest post from Robert Rhodin, the CEO of KeychainX. As the crypto market’s capitalization has grown, the diversity and complexity of assets also increase. This growth, supported by advanced technology and innovations, also increases the number of lost or inaccessible assets. It is estimated that hundreds of billions of dollars of …
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Riot Platforms Highlights Risks Associated With Upcoming Bitcoin Halving Event in Annual Report
In its latest annual report, Riot Platforms, the publicly-listed bitcoin mining firm, outlines several significant risks that could impact its operations, including troubles in the broader crypto economy, potential decreases in onchain transaction fees, and the anticipated bitcoin halving event in April 2024. The company emphasizes the halving event’s potential to reduce mining rewards as …
Satoshi Nakamoto’s Growing Fortune Nears Entry Into World’s Top 25 Richest Individuals
2024 has unfolded as a flourishing year for bitcoin’s valuation, as its market capitalization breezed past the $1 trillion milestone, positioning the cryptocurrency as the world’s tenth-largest asset by overall market valuation. This uptick in price has significantly boosted the net worth of Bitcoin’s mysterious creator, Satoshi Nakamoto, elevating the value of the inventor’s holdings …
Quoth the Raven’s U-Turn: From Bitcoin Skeptic to Believer, Envisions a New Era of Financial Freedom
In a candid interview about his past skepticism towards bitcoin, Chris Irons, also known as ‘Quoth the Raven,’ founder of Quoth The Raven Research, has taken on a transformative journey from doubt to belief in the leading digital currency. During an episode of the “What Bitcoin Did” podcast with Peter McCormack, Irons explains his newfound …
Fundstrat’s Tom Lee Says Stock Market Not in a Bubble, Predicts Fed Won’t Hesitate To Cut Rates
The head of research at market intelligence firm FundStrat says the stock market most likely has more room to run to the upside. In a new interview with CNBC Television, FundStrat’s Tom Lee says it’s too early to say the stock market’s in a bubble as there is no consensus yet that it isn’t in …
Nearly Half of All Large Airdrops Reach All-Time High Prices Within Two Weeks: CoinGecko Report
New research from crypto data aggregator CoinGecko shows that airdropped tokens tend to print their record highs within weeks after the airdrop date. In a new report, CoinGecko looked at the price action of tokens that were part of the largest airdrops between January 1st, 2020 and February 20, 2024 to find out the number …
Apple iOS Trojan Allows Hackers To Access Bank Accounts, Security Researchers Warn – Here’s How It Works
Security researchers say they’re tracking a new Apple iOS trojan that’s designed to give criminals access to victims’ bank accounts. The cybersecurity firm Group-IB says the trojan was deployed by a Chinese cybercrime group and collects a trove of sensitive data from affected users, reports Security Week. The malicious code is able to collect facial …
Newly Revealed Emails of Satoshi Revealed, Bitcoin Creator Says Fiat Currencies Breach People’s Trust
Newly released emails from Satoshi Nakamoto from as early as May 2009 show that the Bitcoin (BTC) creator has long been concerned about the debasement of fiat currencies by central banks. The slew of emails was released by early Bitcoin contributor Martti Malmi who said that he wasn’t comfortable sharing his private correspondence with Satoshi …
JPMorgan Chase Customers Forced to Pay ‘Unconscionable and Predatory’ Fees Despite Doing Nothing Wrong: $5,000,000 Lawsuit
A group of JPMorgan Chase customers are banding together to sue the banking giant, claiming they were forced to pay “unconscionable and predatory” fees. The lawsuit accuses Chase of hitting customers with as much as $30 in fees for checks that bounced through no fault of their own, reports Forbes. “The five customers – who …
The economic implications of the Fed’s reverse repo (RRP) facility
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Donald Trump’s Cryptocurrency Portfolio Tops $5M, Thanks to $2.9M in Trump-Branded Tokens
Just recently, the 45th President of the United States, Donald Trump, has expressed a neutral stance towards bitcoin, stating he could live with it “one way or the other.” Meanwhile, Trump’s holdings in crypto assets have seen a significant increase in value. A substantial portion of his digital wealth is currently in a digital currency …
Defi’s Total Value Locked Hits $80 Billion in a Dramatic Turnaround Since 2022
Recent data reveals that the total value locked (TVL) in decentralized finance has jumped past the $80 billion milestone, reaching heights not observed since the downfall of Terra’s stablecoin in May 2022. Leading the charge in 2024 by TVL size is Lido’s liquid staking platform, with ether-based liquid staking derivatives (LSDs) securing a dominant position …
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Blackrock Holds 110K BTC, Kiyosaki Expects $100K BTC Soon, AI Crypto Assets Skyrocket, and More — Week in Review
Blackrock has significantly expanded its presence in the digital currency space, accumulating nearly 110,000 bitcoins for its Ishares Bitcoin Trust (IBIT) ETF. Robert Kiyosaki predicts bitcoin will reach $100,000 by June this year. The AI cryptocurrency sector has seen a remarkable surge, with over $10 billion added to its market value in just 17 days. …
Ethereum Layer-2 Altcoin on the Verge of Big Breakout, According to Top Trader – Here’s His Outlook
The closely followed trader known pseudonymously as The Flow Horse says that one Ethereum (ETH) scaling altcoin is about to see much higher levels. The Flow Horse tells his 202,500 followers on the social media platform X that he’s anticipating moves in the Ethereum layer-2 subsector in general. The top trader specifically names the native …