Features News Daily TheBitTimes.com

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

As the first half of 2024 nears its end, the full impact of the cryptocurrency bull market is becoming increasingly evident. Indeed, after the crypto market endured a protracted period of pressure characterized by depressed prices and high regulatory scrutiny, the false rumors of a digital asset exchange-traded fund (ETF) approval in October 2023 kickstarted their recovery – a recovery that was only strengthened with actual spot Bitcoin (BTC) ETFs, approved in the United States in January 2024. Finbold research revealed that, by June 11, 2024, the rally generated a significant spike in interest, which led to a major increase in the number of addresses holding BTC. In fact, at the time of publication, nearly 85 million addresses held at least $1 worth of Bitcoin—at least 1,400 Sats. Historical snapshots, made available through the use of the web archive tool Wayback Machine, reveal that on January 4 – the earliest 2024 date available ...

Bitcoin (BTC) network activity has shown a significant downward trend in the creation of new addresses, reaching its lowest level since July 2018.  Data from market intelligence platform IntoTheBlock reveals a 7-day average of only 276,000 new addresses. This decline suggests fewer new investors are entering the cryptocurrency space. The “New Addresses” indicator monitors the daily creation of new addresses on the BTC network. When this metric is high, it typically indicates an influx of new investors. Picks for you We asked ChatGPT-4o what will be Cardano price at the end of 2024; Here's what it said 10 mins ago This crypto whale lost $300K in 2 days trading PEPE 1 hour ago DOGE or SHIB? We asked ChatGPT-4o which asset is a better buy for summer 2024 2 hours ago Sell-off alert: Over $1 billion in token unlocks this week 3 hours ago 12 year BTC new addresses chart. Source. IntoTheBlock However, returning investors and holders...

Illicit crypto currency addresses received $24.2 billion in 2023, showing a decrease from the estimated $39.6 billion in 2022, as per Chainalysis. In 2023, the value received by illicit crypto totaled $24.2 billion representing nearly a 39% decrease from the 2022 losses, which amounted to $39.6 billion, according to the latest research report published by Chainalysis, a blockchain analytics firm. The landscape of crypto crime saw a shift in the types of assets involved. While Bitcoin (BTC) previously dominated, stablecoins now constitute the majority of illicit transaction volume, data shows. Chainalysis says the change aligns with the broader trend of stablecoins gaining prominence in legitimate crypto activities. Illicit transaction volume by asset type | Source: Chainalysis You might also like: EU sanctions Russians from owning crypto businesses However, certain forms of illicit activities, such as darknet market sales and ransomware extortion, still predomina...

The incident affected users who submitted a MetaMask customer service ticket between August 1, 2021 and February 10, 2023. The email address es of some MetaMask users may have been exposed to a malicious party due to a recently discovered cyber-security incident. According to parent company ConsenSys, the incident affected users who submitted a customer support ticket to MetaMask between August 1, 2021 and February 10, 2023. According to the April 14 blog post, unauthorized actors gained access to a third party’s computer system that was used to process customer service requests, potentially allowing them to view customer support tickets submitted by MetaMask users. These tickets did not ask for information other than what was necessary to help the user, including email address to facilitate replies. However, they did include a “free text-field,” which some users may have used to submit personally identifying information. This may have included “economic or financial information, ...