Miners Could Offload $5 Billion in Bitcoin Following Halving, Warns 10x Research

Halving to Negatively Impact Altcoins as Well

Miners Could Offload $5 Billion in Bitcoin Following Halving, Warns 10x Research

A notable outflow of Bitcoin from miners could be on the horizon in the months following the upcoming halving event. In a recent note, Markus Thielen, the head of research at 10x ...

5 months ago

Illicit crypto volume decreased to $34.8b in 2023, TRM Labs says

The overall proportion of total illicit crypto funds is shrinking by 9% on a year-on-year basis, although bad actors still handled over $34 billion in 2023.

Illicit crypto volume decreased to $34.8b in 2023, TRM Labs says

The total volume of illicit crypto funds decreased by nearly one-third in 2023, according to research done by TRM Labs. The findings reveal that the volume fell from $49...

5 months ago

FBI Investigates Bitcoin Developer Event Linked to Luke Dashjr’s Hack

FBI Demands Mike Schimdt’s Cooperation

FBI Investigates Bitcoin Developer Event Linked to Luke Dashjr’s Hack

In response to a subpoena, Mike Schmidt provided details of participants at a Bitcoin developer event linked to the investigation of Luke Dashjr’s Bitcoin theft. As revealed in a...

5 months ago

HashKey CEO Slams Hong Kong’s Crypto Regulations as Barriers to Global Market

China Ties Cast Shadow on Hong Kong’s Crypto Future

HashKey CEO Slams Hong Kong’s Crypto Regulations as Barriers to Global Market

HashKey CEO Livio Weng criticized Hong Kong’s recent regulations around crypto trading, expressing concerns that they may impede access for international clients. Hong Kong&rsquo...

5 months ago

British Columbia Province to Regulate Electricity Supply for Crypto Miners

British Columbia Seeks to Preserve Electricity

British Columbia Province to Regulate Electricity Supply for Crypto Miners

Canadian province of British Columbia is seeking to regulate electricity use by crypto miners, due to their “unchecked growth.” Josie Osborne, Minister of Energy, Mines and...

5 months ago

TRM Labs appoints ex-Interpol president as senior advisor

Blockchain forensics firm TRM Labs has expanded its leadership team, appointing Boon Hui Khoo as senior advisor.

TRM Labs appoints ex-Interpol president as senior advisor

In a blog announcement on April 11, blockchain forensics firm TRM Labs announced the appointment of Boon Hui Khoo as senior advisor, signalling the company’s strategic ...

5 months ago

Bankrupt Voyager secures $484.35M for creditor repayments

This secured fund, inclusive of interest, accounts for about 25% of Voyager’s creditors’ aggregate claims and is anticipated to be disbursed shortly.

Bankrupt Voyager secures $484.35M for creditor repayments

Voyager Digital has made significant strides in compensating creditors post-bankruptcy, securing $484.35 million through settlements with FTX, Three Arrows Capital (3AC), and Directors and Offic...

5 months ago

EU Watchdog Warns 90% of Crypto Trading Funneled Through Few Exchanges

MiCA Regulation Yet to Boost Euro Adoption in Crypto

EU Watchdog Warns 90% of Crypto Trading Funneled Through Few Exchanges

The European Union’s (EU) securities regulator warned about the high concentration of trading activity on a limited number of crypto exchanges. Notably, Binance, a single platform, control...

5 months ago

STEPN Launches $30M FSL Points Airdrop Prior to Partnership Reveal

The 100 Million FSL Points Airdrop

STEPN Launches $30M FSL Points Airdrop Prior to Partnership Reveal

The web3 move-to-earn app STEPN has launched a 100 million FSL Points ‘trailblazer’ airdrop campaign ahead of its partnership announcement. According to a press r...

5 months ago

Restaking protocol EigenLayer partially launches on Ethereum mainnet

EigenLayer is live on the Ethereum mainnet, but several crucial features are still on the way “later this year.”

Restaking protocol EigenLayer partially launches on Ethereum mainnet

Ethereum restaking protocol EigenLayer, which touts over $13 billion in assets, has launched onto the blockchain’s mainnet, but some key features are still to come and will go live sometim...

5 months ago

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