Category: crypto
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Market trends indicate DEXs have replaced VC markets for token price discovery, while CEXs continue to serve as exit liquidity
Recent tokens listed on Binance are performing poorly compared to the overall crypto market, indicating that price discovery is happening on decentralized exchanges. Pudgy Penguins (PENGU) and ChainGPT (CGPT) are the only recent launches not crashing. Decentralized exchanges are now for price discovery, while centralized exchanges are for exit liquidity. On-chain activity is at new…
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Babylon’s Fisher Yu on Bitcoin staking, Bitcoin maxis, and the next native use case for BTC
Fisher Yu, co-founder of Babylon, discusses the Bitcoin staking protocol at the MENA Bitcoin Conference. Babylon aims to create more native use cases for Bitcoin beyond store of value and simple payment, allowing HODLers to earn rewards without giving up custody of their assets. The project has seen significant demand and success, with plans to…
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Decentralization as the answer to monopolies
The dominance of large tech companies in AI development raises concerns about privacy, inequality, and innovation stagnation. Decentralized AI (DeAI) offers a solution by distributing development and access equitably. Platforms like Ocean Protocol and SingularityNET exemplify this approach. DeAI promotes openness, mitigates privacy concerns, and has real-world potential in disrupting tech monopolies. Policymakers play a…
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Bitcoin risks consolidation as Treasury yields surge and economic outlook dims – Bitfinex
Bitcoin briefly dropped below $90,000 to $88,900 on Jan. 13 due to macroeconomic uncertainty. Institutional investors are favoring bonds over volatile assets like Bitcoin, influenced by rising Treasury yields and a hawkish Fed stance. Despite market challenges, Bitcoin remains resilient, potentially due to optimism over regulatory changes. The crypto market is valued at $3.27 trillion,…
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Bitcoin adoption is outpacing the internet and mobile phones – BlackRock
According to a report by BlackRock, Bitcoin’s adoption is surpassing that of past transformative technologies like the internet and mobile phones. Younger generations are more likely to embrace Bitcoin due to demographic trends and economic shifts. BlackRock’s spot Bitcoin ETF, IBIT, is recommended for gaining exposure to BTC. Other asset managers are also increasing their…
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Hackers exploit booming crypto market, laundering hits $1.3 billion in 2024
Crypto laundering from hacking activities reached $1.3 billion in 2024, a significant increase from the previous year. Blockchain security firm Peckshield reported a 280% rise in illicit funds compared to 2023. Criminals used chain hopping and coin mixing techniques to obscure stolen funds. Phishing attacks decreased, but new strategies emerged, making prevention more challenging.
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Russia’s Bitcoin mining demand triples amid regulatory shifts and price rally
Russia has experienced a surge in Bitcoin mining activity due to the increasing demand for additional income streams. The rise is attributed to regulatory adjustments providing clarity for miners, tax reforms exempting crypto transactions from value-added tax, and a ban on mining in energy-strapped regions until 2031. This growth is also fueled by the significant…
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Tether to relocate global headquarters to Bitcoin-friendly El Salvador
Tether, a major stablecoin issuer, is moving its headquarters to El Salvador after obtaining a DASP license. The country’s forward-looking policies and Bitcoin-first economy align with Tether’s goal of driving financial inclusion through digital assets. CEO Paolo Ardoino supports President Nayib Bukele’s leadership, praising his vision and dedication to innovation.
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Crypto industry alarmed as 7 million OpenSea email users’ leak resurfaces
23pds, the Chief Information Security Officer at SlowMist, raised concerns about phishing attacks targeting over seven million OpenSea users whose emails were leaked in a 2022 breach. The exposed data includes high-profile figures in the crypto industry, posing risks to privacy and asset security. SlowMist advises using strong passwords and 2FA to protect against attacks.
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Crypto investments products see modest $48 million inflow with Bitcoin and XRP leading
The digital asset market saw $48 million in inflows in 2025, per CoinShares’ report. Bitcoin led with $214 million in inflows, while Ethereum faced outflows of $256 million. XRP attracted $41 million in inflows, potentially due to optimism about regulatory approval. Other altcoins like Solana, Aave, Stellar, and Polkadot also saw positive contributions.