Access Control Vulnerabilities Cause $1.7B in Losses Across CeFi, DeFi, and Gaming

Access control vulnerabilities have emerged as the leading cause of crypto hack losses in 2024, accounting for a whopping 75% of total damages across decentralized finance (DeFi), centralized finance (CeFi), and gaming/metaverse sectors, excluding phishing attacks. According to Hacken, this marks a significant increase from 50% in 2023, with losses tied to unauthorized access and … Read more

Bitcoin Sees Huge Selling Pressure in U.S. Amid Dip in Coinbase Premium Index

The new market data raises concerns about the short-term price progress of Bitcoin ($BTC). As per the data from a CryptoQuant analyst, the Bitcoin Coinbase Premium Index shows rising selling pressure from the investors in the U.S. The analyst took to social media to reflect on the present market conditions surrounding Bitcoin and their likely … Read more

Bitcoin Mining Revenue Outpaces November—And December Isn’t Over Yet

Though the month isn’t quite over yet, bitcoin miners have already outperformed their November earnings, amassing $1.33 billion in December with two days still on the clock. Bitcoin Ends the Year With Record Hashrate and Higher Revenue This uptick in revenue has been fueled by stronger bitcoin prices, but there’s a twist. The hashprice, which … Read more

Can Dogecoin Hit $20 Soon?

Market strategist Javon Marks forecasts a bullish trajectory for Dogecoin (DOGE), predicting it could soar to $20. His outlook is rooted in the cryptocurrency’s historical performance, particularly its remarkable price spikes during the bull markets of 2017 and 2021, which saw increases of 90 and 306 times, respectively. What Historical Data Suggests for Dogecoin? Marks … Read more

Grayscale Launches Grayscale Optimism Trust, Giving Users Greater DeFi Access

Grayscale has announced the rollout of an innovative Grayscale Optimism Trust. The new digital currency investment trust provides solutions that broaden and enhance the application of the Ethereum ecosystem. Why launch this trust? The trust provides digital asset users with exposure to the Optimism protocol. It allows investors to invest in Optimism cryptocurrency, a native … Read more