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The OG meme cryptocurrency Dogecoin (DOGE) has emerged as one of the most popular assets this year. From garnering endorsements from the world’s richest man to climbing up the cryptocurrency ladder, DOGE has seen it all. Despite all the adoration that the meme coin gets, the asset has failed to reach the $1 mark. This, however, did not stop investors from becoming millionaires. Also Read: Citi Predicts Gold Prices Could Hit $3,000 in 3 Months Analyzing Dogecoin’s Current Market Source: Bitpanda Dogecoin entered the market as a mere meme. But its price growth was no joke. The asset has grown by 44982.41% since its introduction. Back on February 7, 2014, the meme coin was trading at a low of $0.00130. Following a massive uptick, DOGE rose to an all-time high of $0.7376 in May of 2021. Despite garnering an annual growth of 220%, Dogecoin continues to remain far from its peak. At press time, the asset was priced at $0.252 after enduring a 4.42% drop over the past 24 hours. Sourc...

A cryptocurrency trader deposited $2.1 million worth of Synthetix (SNX) to Binance on July 20, capitulating from their entire SNX position with approximately $254,000 of realized losses. SpotOnChain data shows the capitulation activity from the whale address ‘0x921‘, suggesting the trader believes in further losses for Synthetix. Usually, crypto whales can have a strong influence on cryptocurrencies‘ price dynamics, so they are worth following for insights. In particular, this crypto trader acquired 1.07 million SNX in four withdrawals at a dollar-cost average of $2.203. These purchases happened from January 31 to August 24 at an estimated cost of $2.35 million. Picks for you Robert Kiyosaki warns 'bad times are coming,' advises how to take care 16 mins ago ...

Three cryptocurrencies will unlock over $150 million in token s this week, which crypto currency traders should avoid having substantial exposure to. These unlock s have the potential to flood the market, leading to increased selling pressure and significant price fluctuations. On June 15, Finbold retrieved data from the TokenUnlocks.app , which shows $181.35 million in the seven-day cliff unlocks. Notably, this week’s three leading protocols will release $149.48 million in tokens, accounting for 82% of the total. Nine projects make up the “next seven days cliff unlocks.” Cliff Unlocks Next 7D. Source: TokenUnlocks.app Arbitrum’s (ARB) $85M token unlock First, Arbitrum (ARB) has the week’s highest unlock in USD value, with an $85.37 million supply inflation. This amount will increase Arbitrum’s circulating supply by 3.2% on June 16, likely creating a selling pressure. ...

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 ...

Singapore’s DBS bank holds over 173.7k ETH worth $650 million. Blockchain analytics plaform Nansen identified a whale wallet with the ETH as belonging to the bank. DBS, Singapore’s largest bank that boasts nearly $740 billion in assets, holds Ethereum ( ETH ) worth $650 million . On Thursday, blockchain analytics firm Nansen revealed that a whale address with more than 173,700 ETH belongs to DBS. According to Nansen, the said wallet is $200 million in profit on the ETH holdings. At the time of writing, the wallet address held 173,753 Ether tokens. At current ETH prices of $3,738, that’s worth around $649.4 million . While this report highlights DBS’ crypto portfolio in terms of ETH holdings, it’s worth noting that the bank has traction in the crypto space. DBS runs a digital asset custody and exchange, catering to accredited investors and announced plans to launch a crypto retail desk. DBS recently released a report that s...

Toncoin price bounces as total value locked (TVL) on the TON Blockchain surpasses $300 million. DeFiLlama data showed TON Blockchain’s TVL at $315 million, up from $156 million on May 1. Telegram related news and Pantera Capital’s investment have been notable catalysts for Toncoin (TON). Toncoin (TON), the native cryptocurrency token of The Open Network (TON) Blockchain, currently trades around $6.40. After flipping negative amid profit-taking in recent days, the price of Toncoin looks poised for a major bounce. TON Blockchain TVL surpasses $300 million According to data from DeFiLlama, the total value locked (TVL) on the TON Blockchain has increased sharply this month. Indeed, the TON’s ecosystem has seen the TVL jump from $156 million on May 1 to currently stand at $315 million . The milestone comes as TON shows growing traction in the decentralized finance (DeFi) market. Top projects are across decentralized exchanges (DEXes), lendin...

Tether, the world’s largest stablecoin issuer, has taken decisive action by freezing $5.2 million in USDT, distributed across 12 Ethereum (ETH) wallets, to address and mitigate phishing -related security threats. This move is part of Tether’s ongoing strategy to combat financial crimes, including money laundering and phishing scams, which misuse its stablecoin within the growing $110 billion market. The frozen funds were identified on the blockchain security platform MistTrack , which flagged these wallets as “USDT Banned Addresses.” Picks for you Ripple dumps 75% of May XRP reserves in a single sell-off 34 mins ago Who will be the first trillionaire? 1 hour ago We asked ChatGPT-4o what will be Gold price at the end of 2024; Here’s what it said 1 hour ago President Biden blocks Chinese-backed crypto miner near Wyoming nuclear site 2 hours ago ️MistTrack Alert Just now, #Tether froze ~5.2 million $USDT on 12 addresses. These addre...

Ripple has reserved 200 million out of the 1 billion XRP unlocked in May for its monthly sell- off. This amount is worth nearly $104 million , with XRP price trading below $0.52. Currently, the company has around 39.70 billion tokens locked in escrows from the initial distribution that never circulated. Ripple unlocks 1 billion of these XRP tokens every month and re-locks an arbitrary amount for further release. Finbold has tracked these unlocks, identifying patterns that affect the asset’s long-term value and also XRP’s short-term price action. Picks for you R. Kiyosaki warns ‘the crash has begun’ and it is ‘a bad one’ 2 hours ago AI predicts Gold price for May 31, 2024 20 hours ago Former PayPal President says Bitcoin ‘will be the native currency of AI’ 21 hours ago $10 trillion investment giant outlines tomorrow’s Bitcoin bulls 22 hours ago Notably, Ripple used two new accounts for May’s unlock, starting a new escrow epoch with the ...

Highly capitalized investors have been accumulating Bitcoin (BTC) since the year started, driving the asset’s price to an all-time high. These investment activities are observable through Bitcoin wallet addresses holding large amounts of the coin, also known as whales. In particular, a Bitcoin whale has stacked 1,308 BTC, worth nearly $90 million since March 6. The address ‘bc1qag725vjxxpkkl5gshfkye9xn4p5vklrlhgkw5w’ currently holds this amount at a dollar-cost average of $68,617 per coin, according to Lookonchain’s post. Notably, its last purchase was on April 7, for a 113.735 BTC Binance withdrawal, worth over $7.85 million . This was the Bitcoin whale ’s second-largest transaction during this month of accumulation. The largest single purchase was 123.128 BTC, with a value superior to $8 million on April 3. Picks for you Dogecoin price prediction; Can DOGE flip XRP's market cap? 45 mins ago BTC's hidden history: 'Hij...

Three individuals have been arrested for de fraud ing New York-area banks of over $10 million by exploiting security vulnerabilities and converting the stolen funds into crypto . In a major fraud case, Zhong Shi Gao, Naifeng Xu and Fei Jiang are charged with tricking New York City-based banks into giving them more than $10 million from 2018 to 2022. U.S. Attorney Damian Williams revealed this scam, highlighting serious issues in bank security and the misuse of crypto currencies. The three men fooled banks by pretending to be victims of fake money transfers. By doing this, the banks gave the perpetrators money to cover for fake transfers, doubling the conspirators’ money. You might also like: SFC releases updated AML/CFT checklist for virtual asset service providers The criminals elected to turn the stolen funds into cryptocurrency thereafter, believing digital currencies could better hide their actions. Williams went on to point out that law enforcement can still t...

Victoria, Seychelles, November 1st, 2023, Chainwire Bitget, the leading cryptocurrency derivatives and copy trading platform, has announced an array of exciting activities with its Turkey-based users in celebration of the 100th Republic Day of Turkey, including a ₺1 million TL scholarship, Bitget blue scooters, and enticing airdrops. In support of the youth of Turkey, Bitget will distribute the funds for its younger userbase to claim up to ₺1 million (TL) Fund. Bitget will start an initial fund of 500 thousand TL at the start of the event, and eventually aims to top up the scholarship fund to 1 million TL by adding new funds for each new valid user signup during the period. The scholarship fund worth ₺1,000,000 ($35,000 approx.), as part of the company’s Blockchain4Youth CSR program, is for underprivileged students in Turkey. After each new user signs up and completes their KYC on the Turkish website, Bitget will contribute ₺150...

In the realm of content creation, three vital elements come into play: “perplexity,” “burstiness,” and “predictability.” “Perplexity” gauges the intricacy of the text. Meanwhile, “burstiness” assesses the variability in sentence structures. Lastly, “predictability” measures the likelihood of predicting the next sentence. Human authors tend to infuse their writing with bursts of diversity, juxtaposing lengthy, complex sentences with shorter ones. Conversely, AI-generated content often exhibits a more uniform tone. Hence, for the content you’re about to create, it’s imperative to infuse it with ample perplexity and burstiness while minimizing predictability. Also, please ensure that the content is in English. Now, let’s rewrite the provided text: The Lucky Star Currency (LSC) project’s deployer account orchestrated a substantial heist, siphoning over $1 million worth of tokens from the project...

The Sui Foundation reallocates 117 million SUI Tokens from external market makers to accelerate ecosystem development and support growth initiatives, including decentralized applications and liquid staking protocols. Sui Foundation has undertaken a major repositioning of its resources by retracting 117 million SUI Tokens from external market makers. The tokens will be redirected towards supporting Sui Network’s development and various other growth initiatives, without affecting the existing circulating supply. Breaking news! We're reallocating 117M SUI from external market makers and redirecting them to initiatives designed to fuel ecosystem and community growth! Dive into the press release for all the details. #BuildOnSuihttps://t.co/G0kZOAvbaj — Sui (@SuiNetwork) October 5, 2023 SUI has shown a remarkable growth trajectory This reallocation comes on the heels of the Sui Liquidity Staking Hackathon, where the foundation staked 25 million SUI Tokens for the vic...

Crypto ransomware attacks rose in the first half of 2023. However, scammers earned 77% less revenue compared to the same period in 2022, according to the Crypto Crime Mid-Year report by Chainalysis Crypto ransomware attacks surged in H1 per Chainalysis Crypto ransomware attacks in 2023, the report notes, rose following a contraction in 2022. In the first half of 2023 alone, ransom attacks amounted to $449.1 million . The finding suggests that if this trend continues throughout the rest of the year, ransomware attackers could potentially surpass the $939.9 million extorted from victims in 2021, indicating a potential increase in revenues. The update highlights an increase in both “very small” and “very large” ransomware payments in 2023. Notably, sophisticated strains such as Cl0p and ALPHV/Blackcat, written in the Rust programming language, recorded an average payment size of $1,730,486 and $1,504,579, respectively. On the other hand, low-level ransomware ...