Cryptocurrency News
An institution recently suffered a significant loss after offloading its entire 25 million CRV holdings over the past three days. The sale, executed at an average price of $0.22 per CRV, resulted in a $4.58 million loss. Originally, the institution had invested $10 million to acquire these 25 million CRV […]
A recent report from Beosin has shed light on the state of Web3 security, revealing significant losses in the first half of 2024. According to the “2024 H1 Global Web3 Security Report, AML Analysis & Crypto Regulatory Landscape,” the total losses in Web3 reached a staggering $1.54 billion. 🎉Beosin is […]
Bitcoin (BTC) has experienced a sharp decline, dropping over 16% since reaching its all-time high of more than $73,000 in March 2024. Currently trading below $62,000, Bitcoin’s daily Relative Strength Index (RSI) has hit oversold territory, a condition that has previously led to significant price surges of 60%, 63%, and […]
According to CoinShares, digital asset investment products experienced significant outflows totaling $584 million last week, shaving off US$1.2bn in total. Bitcoin led the pack with outflows of $630 million, while Ethereum saw $58 million in outflows. In contrast, multi-asset products attracted inflows of $98 million, suggesting that investors view weakness […]
The escalating risks to the security of web3 have become significant concerns for the future of this decentralized internet paradigm. Beyond the financial implications, the losses incurred from hacking attempts on web3 and smart contracts have cast doubts on the dependability of this emerging technology. Globally, the perception of web3 […]