Information Archive

Hacker Behind 2023 KyberSwap Attack Moves $2.5 Million From Arbitrum to Ethereum

The hacker behind the November 2023 attack on decentralized exchange KyberSwap has been seen moving almost $2.5 million in crypto. In an X post published on February 26, blockchain analytics firm PeckShield noted that the hacker moved 798.8 Ether (worth ~$2.49 million) from Arbitrum to the Ethereum blockchain. #PeckShieldAlert #KyberSwap Exploiter-labeled address bridged ~800 $ETH …

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News Commentary #1,976 – Rotor Finance First Thoughts

RotorFinance – new TRIAL list platform that was added on EN several days ago. Based on public stats they launched on February 3, 2024. At the moment it has been running for 23 days, monitored by EN for 5 days. Let’s check what this platform claims of itsef: The cryptocurrency market has reached unprecedented proportions …

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Alternative Ways for Coinbase Commerce to Support Native Bitcoin Payments

Coinbase recently announced that it would be removing support for native Bitcoin (BTC) payments across its payment platform for merchants, Coinbase Commerce. The company’s head of product, Lauren Dowling, stated on her X account on February 18 that “customers were struggling with operational challenges managing crypto volatility risk, manual burden of resolving incorrect payments (eg: …

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ECB’s Disparaging Comments on Bitcoin Draw the Ire of Crypto Community

On February 22, the European Central Bank (ECB) described Bitcoin as a ‘dead cat’ and criticized its use in criminal activities on the darknet. These remarks have ignited a backlash from the crypto community, questioning the ECB’s stance and credibility. Bitcoin Failed In Its Original Promise In Ulrich Bindseil’s and Jürgen Schaaf’s blog post, the …

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Bitcoin ETFs Return To Outflows Amid GBTC Sale Revival

Bitcoin ETFs had their first day of net negative outflows for the month of February on Wednesday– a possible sign that hype around the investment vehicles is starting to die down. According to data compiled from BitMEX Research, the Grayscale Bitcoin Trust (GBTC) suffered $199.3 million of outflows on Wednesday, marking its largest daily outflow …

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Data Signals Imminent Altcoin Season Amid Steady Bitcoin Dominance

Altcoins could rally off the back of Bitcoin Several analysts on microblogging platform X have recently highlighted different data points indicating that altcoin season (altseason) could soon be upon us. On February 15, trader/analyst Rekt Capital (@RektCapital) shared a projections chart to suggest that Bitcoin’s current dip could be part of a final “retrace” or …

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Bitcoin Whales Move $1 Billion Worth of Assets From Coinbase – What’s Going On?

The amount of Bitcoin (BTC) held on Coinbase has plummeted by almost $1 billion worth of assets as whales move their holdings. New data from on-chain analytics firm CryptoQuant shows a significant amount of assets moved off the cryptocurrency exchange with analysts suggesting many possibilities. Per the data, Bitcoin whales have earned over 18,000 BTC …

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Bitcoin Price Prediction as BTC Bounces From $50,000 Level – Is Another Sell-Off Coming?

In the wake of Bitcoin’s price dip to the $50,000 mark, the cryptocurrency community is keenly observing its recovery to $51,500, albeit with a near 1% decrease. Amidst this scenario, investors and analysts are scrutinizing the digital currency’s resilience and the broader implications of recent industry developments. These include notable incidents like the misappropriation of …

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Bitwise Chief Investment Officer Foresees Bitcoin Price Surpassing $80,000 Amid ETF Boom

The price of Bitcoin (BTC) is expected to soar beyond $80,000 this year thanks to the recent success of exchange-traded funds (ETFs), according to Bitwise Chief Investment Officer Matt Hougan. The approval of Bitcoin ETFs has shattered records and triggered an influx of funds into the cryptocurrency since mid-January. In a recent interview, Hougan highlighted …

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U.S. Regulators Can Influence Tether’s Offshore Usage: JPMorgan

Tether Logo / Source: Adobe Tether’s (USDT) dominant position as the largest stablecoin faces regulatory challenges and risks from various authorities and jurisdictions as they seek to impose more transparency and compliance on stablecoins. The stablecoin is vulnerable due to its dependence on the American market and pending regulations. Despite Tether’s headquarters not being based …

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News Commentary #1,975 – AEROBIT First Thoughts

Aerobit – new TRIAL list platform that was added on EN a few days ago. Based on public stats they launched on February 9, 2024. At the moment it has been running for 7 days. Let’s check what this platform claims of itsef: Fully Secured Company The security of your account is our priority, we have …

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Bitcoin to Hit 90k Before End of 2024?

Bitcoin will hit the $90k mark before the end of 2024, the head of a Russian crypto industry body claimed this week. The comments came from the President of the Russian Association of Cryptocurrency and Blockchain (RACIB) Yuri Pripachkin, the Russian-language media outlet CoinSpot reported. ‘Bitcoin to Hit 90k’ – Russian Expert Explains Prediction Pripachkin …

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News Commentary #1,974 – Super-Z First Thoughts

Super-Z – new TRIAL list platform that was added on EN recently. It as been working for around 8 days so far, so it can be considered as a new platform on the hyip area. As we used to do, we would like to wish them a long running time for the benefit of all investors …

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