In a shocking revelation, cybersecurity firm SlowMist and on-chain analyst ZachXBT have uncovered the involvement of the notorious North Korean hacker group, Lazarus Group, in the recent CoinEx crypto exchange hack. This discovery sheds light on the increasingly sophisticated tactics employed by cybercriminals in the cryptocurrency world. On September 12, 2023, CoinEx’s Risk Control System…

Since its launch earlier this year, the price of Arbitrum (ARB) has faced significant challenges. Emerging in a bear market, the altcoin has experienced a consistent decline in value, triggering panic-selling among investors. Surprisingly, even the large-scale holders, known as whales, have joined in on the selling spree, despite incurring substantial losses in the process.…

Glassnode’s recent on-chain data reveals a concerning trend for Bitcoin short-term holders (STHs). An overwhelming majority, 83.7% of the STH supply, is currently facing unrealized losses. In this article, we examine the significance of this indicator and delve into the contrasting fortunes of short-term and long-term holders amidst the recent market volatility. The Percent Supply…

MetaMask, the widely adopted non-custodial wallet boasting a massive user base of over 21 million monthly active users, has recently introduced a groundbreaking feature called Snaps. By releasing Snaps in Open Beta, MetaMask takes a significant step towards building a fully permissionless ecosystem, enabling developers to address the most challenging problems in Web3 development. Decentralization…

In his recent testimony before the United States Senate on Banking, Housing, and Urban Affairs, SEC Chair Gary Gensler made remarks that have given rise to speculation and hope within the crypto community. This has particularly influenced discussions around the regulation of crypto assets and the potential approval of Bitcoin Spot exchange-traded funds (ETFs). Gensler’s…

According to a recent Fox Business report, House Majority Whip Tom Emmer is set to reintroduce the Central Bank Digital Currency Anti-Surveillance State Act as a countermeasure to the growing momentum behind Central Bank digital currencies (CBDCs). The Republican-backed bill aims to prevent the Federal Reserve (Fed) and its member banks from issuing a digital…