Bitcoin, Ether, XRP Face September Test After Biggest Whale Distribution in Years

Bitcoin BTC$112,647.84 held just under $112,000 on Monday as traders weighed the largest whale sell-off in more than two years against signs of long-term accumulation and resilient altcoin performance. On-chain trackers at CryptoQuant have flagged over 100,000 BTC — worth approximately $12.7 billion — as exiting major wallets in the past 30 days. Analyst caueconomy … Read more

Blockchain’s Biggest Beneficiaries Sit at Both Ends of the Financial Spectrum

Capital markets are in flux. As evolving monetary policy casts a spotlight on a fragmented global economy, the stability of infrastructure for borderless transactions with digital assets stands out as a superior alternative to the traditional system. Blockchain is a viable solution to many of today’s financial challenges. Uniquely, its clearest beneficiaries are two distinctly … Read more

ETFs Need to Pull in Nearly $1B to Avoid Second Biggest Monthly Outflow on Record

Bitcoin BTC$109,880.35 bulls face a lofty challenge this week: funnel nearly $1 billion into the U.S.-listed exchange-traded funds (ETFs) and prevent these publicly listed institutional investment vehicles from registering their second-worst performance on record. In January 2024, Nasdaq listed 11 spot bitcoin ETFs, allowing investors to take exposure to the cryptocurrency while eliminating the need … Read more

Lido’s Share Falls as Figment Posts Month’s Biggest Gain

Lido, whose share of the Ethereum staking market was once so large it raised concerns the protocol was nearing a level considered a dangerous concentration of power, has dropped to a record low as competition from rivals intensifies and the development of infrastructure tailored for institutional finance opens new avenues into the industry. While it’s … Read more

$3.5 Billion Bitcoin Heist, Biggest Crypto Hack Ever, Retroactively Uncovered

Chinese mining pool LuBian was hacked in 2020 for 127,426 Bitcoin (BTC), valued at about $3.5 billion at the time, making it the biggest crypto hack in history, according to blockchain analytics platform Arkham Intelligence. The platform retroactively uncovered the heist on Saturday, claiming that LuBian, which emerged as the sixth-largest BTC mining pool at … Read more

$3.5 Billion Bitcoin Heist, Biggest Crypto Hack Ever, Retroactively Uncovered

Chinese mining pool LuBian was hacked in 2020 for 127,426 Bitcoin (BTC), valued at about $3.5 billion at the time, making it the biggest crypto hack in history, according to blockchain analytics platform Arkham Intelligence. The platform retroactively uncovered the heist on Saturday, claiming that LuBian, which emerged as the sixth-largest BTC mining pool at … Read more

$3.5 Billion Bitcoin Heist, Biggest Crypto Hack Ever, Retroactively Uncovered

Chinese mining pool LuBian was hacked in 2020 for 127,426 Bitcoin (BTC), valued at about $3.5 billion at the time, making it the biggest crypto hack in history, according to blockchain analytics platform Arkham Intelligence. The platform retroactively uncovered the heist on Saturday, claiming that LuBian, which emerged as the sixth-largest BTC mining pool at … Read more

$3.5 Billion Bitcoin Heist, Biggest Crypto Hack Ever, Retroactively Uncovered

Chinese mining pool LuBian was hacked in 2020 for 127,426 Bitcoin (BTC), valued at about $3.5 billion at the time, making it the biggest crypto hack in history, according to blockchain analytics platform Arkham Intelligence. The platform retroactively uncovered the heist on Saturday, claiming that LuBian, which emerged as the sixth-largest BTC mining pool at … Read more

$3.5 Billion Bitcoin Heist, Biggest Crypto Hack Ever, Retroactively Uncovered

Chinese mining pool LuBian was hacked in 2020 for 127,426 Bitcoin (BTC), valued at about $3.5 billion at the time, making it the biggest crypto hack in history, according to blockchain analytics platform Arkham Intelligence. The platform retroactively uncovered the heist on Saturday, claiming that LuBian, which emerged as the sixth-largest BTC mining pool at … Read more

$3.5 Billion Bitcoin Heist, Biggest Crypto Hack Ever, Retroactively Uncovered

Chinese mining pool LuBian was hacked in 2020 for 127,426 Bitcoin (BTC), valued at about $3.5 billion at the time, making it the biggest crypto hack in history, according to blockchain analytics platform Arkham Intelligence. The platform retroactively uncovered the heist on Saturday, claiming that LuBian, which emerged as the sixth-largest BTC mining pool at … Read more