Category: crypto

Decentralized Science (DeSci) is set for significant growth in 2025, driven by utility memecoins. By integrating blockchain technology into scientific research, DeSci aims to enhance transparency and collaboration in the scientific ecosystem. Projects like VitaDAO and AxonDAO are leading the way, with new initiatives focusing on research funding, health data management, and open-source research. The…

Large investors are taking advantage of discounted Bitcoin prices by accumulating more through over-the-counter trading. The decrease in OTC balances indicates a trend of strategic buying during market dips.

Hyperliquid, a Layer 1 blockchain and decentralized exchange, experienced a significant decline in token value and total value locked after reports of potential involvement by North Korean hackers. Security expert Taylor Monahan flagged suspicious wallet activity, triggering a 20% drop in the HYPE token price. The Hyperliquid Labs team denied any breach.

In December, Aave and Lido surpassed $70 billion in net deposits for the first time, with Aave leading with $34.3 billion and Lido following closely. Lido leads in total value locked with $33.8 billion, while Aave generated $12.5 million in revenue, and Lido generated $9.6 million. The DeFi ecosystem has seen a resurgence in 2024,…

Non-fungible tokens (NFTs) have outperformed fungible tokens over the past week according to NFT Price Floor. Space Doodles and Pudgy Penguins saw significant gains, while Bored Ape Yacht Club and CryptoPunks experienced losses. Despite gains, NFT market activity on Ethereum, Bitcoin, and Solana has decreased. Top NFT collections are still below their peak prices.

Bitget experienced a 683% increase in Gen Z users in November, with a shift in crypto demographics following Donald Trump’s election victory. Gen Z’s interest in crypto was fueled by Trump’s pro-crypto rhetoric and the surge in Bitcoin prices. The platform’s growth reflects the influence of political narratives on financial behavior.

The FBI, Japan’s National Police Agency, and the Department of Defense Cyber Crime Center have confirmed that North Korean hackers orchestrated a $305 million breach of the Japanese crypto exchange DMM Bitcoin in May 2024. The hackers used sophisticated social engineering attacks and were linked to the Lazarus Group, stealing over $1.3 billion in 47…

MicroStrategy has filed a preliminary proxy statement with the SEC proposing to increase authorized shares and preferred stock to support its $42 billion 21/21 Plan. The company intends to raise $21 billion in equity and $21 billion through fixed-income instruments, potentially expanding its role as a Bitcoin Treasury Company. Shareholders must consider potential dilution and…

El Salvador showcased its Bitcoin achievements during a meeting with the Chinese Ambassador. Vice President Ulloa highlighted how Bitcoin has brought financial freedom to the country, with over 6,217 BTC in reserves. El Salvador aims to increase its holdings to 20,000 BTC, despite concerns from the IMF about its aggressive Bitcoin strategy.

Russian lawmaker Tkachev suggests creating a strategic Bitcoin reserve to protect against geopolitical challenges. This plan aims to leverage digital currency as a safeguard against financial obstacles on the global stage, as Bitcoin continues to gain popularity worldwide.