The recent major upgrades in the Ethereum network, namely the Merge and Shanghai, have inadvertently led to a rise in Ethereum staking. However, a new report by JPMorgan has shed light on the alarming cost associated with this growth – higher centralization and lower staking yields. This analysis, conducted by JPMorgan’s team of analysts led
The crypto intelligence firm Arkham Intelligence is currently in the hot seat due to the release of a report by whistleblower platform Crypto Leaks. The report, published on October 5th, contains explosive allegations against Arkham, accusing the company of leveraging vulnerabilities at major exchanges to obtain users’ personal information. In this article, we will critically
Bitcoin, once primarily known for its role as a cryptocurrency, has now emerged as a significant player in the world of Non-Fungible Tokens (NFTs). According to a recent report by Galaxy Research, the Bitcoin network has witnessed an astonishing surge in image-based inscriptions. In just 200 days since the introduction of inscriptions, an astounding 1.14
Binance, one of the largest cryptocurrency exchanges in the world, has been under scrutiny recently due to allegations of overstating the success of its initial coin offering (ICO) for Binance Coin (BNB) in 2017. An investigative report published in Forbes shed light on the discrepancies surrounding Binance’s ICO and revealed potential deceptive practices by the
Wall Street is notorious for being secretive when it comes to potential money-making opportunities. Just like how savvy investors positioned themselves in rare earth metals before electric vehicles disrupted the automotive industry, there is now a new AI Crypto project in town that promises to disrupt traditional financial systems. yPredict, an analytics firm specializing in
Over the past two years, Ethereum (ETH) has been the clear winner in terms of performance when compared to Solana (SOL). However, a technical analyst known as “CryptoGodJohn” on X believes that this dynamic is about to change. By examining the candlestick arrangement of the SOLETH chart on the weekly chart, the analyst suggests that
In a recent turn of events, JPEx, a cryptocurrency exchange, has allegedly begun restricting withdrawals by converting user balances into a non-withdrawable cryptocurrency. The news, which surfaced on October 4th, has caused uproar among users who are now unable to access their Tether (USDT) holdings. Instead, their balances have been converted into JPC, JPEx’s proprietary
Bitcoin’s recent rally has led to critical moments where the cryptocurrency’s spot price interacted with the short-term holders’ (STHs) realized price. The realized price indicates the average cost basis at which Bitcoin investors acquired their coins. If the spot price trades above this indicator, holders are currently in a state of profit. Conversely, trading below
In the upcoming trial of Sam Bankman-Fried, the former CEO of the now defunct crypto exchange FTX, the jury selection process is said to be a swift one, as emphasized by Coinbase’s Chief Legal Officer (CLO) Paul Grewal. This article delves into the dynamics of the jury selection, highlighting key insights from Grewal and providing
India is making significant efforts to establish itself as a dominant player in global cryptocurrency regulation. To strengthen the detection of cryptocurrency-related crimes, the country is reportedly developing a comprehensive global database that includes all crypto exchanges, including those on the dark web. This initiative is set to launch by March 2024, aligning with the
