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🧸 The CEO of CryptoQuant stated that Bitcoin has entered a bearish market phase, with 6 to 12 months of bearish or sideways price movement expected.
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The malware attacks 20 different extensions, including MetaMask, Coinbase Wallet, Trust Wallet, OKX Wallet, Bitget Wallet, Phantom, and others.
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🕵️♂️ Detective ZachXBT stated that the crypto industry is doomed when it comes to security — hacks and money laundering happen too easily, while exchanges and protocols react too slowly.
He pointed out that "decentralized" projects receive almost all their revenue from illicit transactions but take no responsibility. Centralized exchanges are even worse — blocking funds takes hours, while laundering takes only minutes.
He also criticized KYT for its vulnerabilities and KYC for being useless, as accounts are often bought. In his view, North Korea laundering $1.4 billion recently highlights the scale of the problem.
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He pointed out that "decentralized" projects receive almost all their revenue from illicit transactions but take no responsibility. Centralized exchanges are even worse — blocking funds takes hours, while laundering takes only minutes.
He also criticized KYT for its vulnerabilities and KYC for being useless, as accounts are often bought. In his view, North Korea laundering $1.4 billion recently highlights the scale of the problem.
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🇺🇸 Publicly traded American miners now control 30.2% of Bitcoin's network hashrate — a new record.
After the halving, the 14 largest companies increased their market share by 8%, strengthening the influence of U.S. players in the industry.
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After the halving, the 14 largest companies increased their market share by 8%, strengthening the influence of U.S. players in the industry.
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The total stablecoin supply increased by 63%, reaching $225 billion, while monthly transfer volume surged by 115% to $4.1 trillion.
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🇺🇸 The managers of Trump Media are launching a new company to acquire cryptocurrency firms.
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🇦🇪 The Dubai government has launched the pilot phase of its real estate tokenization project on the blockchain, with the main goal of digitizing property ownership and simplifying transactions.
It is expected that by 2033, the market for tokenized real estate in Dubai could reach $16 billion, accounting for about 7% of all market transactions.
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It is expected that by 2033, the market for tokenized real estate in Dubai could reach $16 billion, accounting for about 7% of all market transactions.
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🎰 On February 24, hackers allegedly breached the Hong Kong payment platform Infini and stole nearly 50 000 000 USDC. However, project representatives accuse their own developer of the theft, claiming that he simply transferred the crypto from a multi-signature wallet to his personal wallet.
Infini is also concerned that he might spend the funds on gambling.
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Infini is also concerned that he might spend the funds on gambling.
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