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Latest from Shaurya Malwa
Crypto Users Lost $2B to Hacks, Scams and Exploits in 2023, De.Fi Says
The figure is roughly half the estimated $4.2 billion of 2022, a year that also included $40 billion lost through the collapse of Terra, Celsius and FTX.
IOTA’s ShimmerEVM Bolsters Onboards Cross-Chain Capabilities With LayerZero's Technology
The Shimmer bridge, a tool that transfers value between different blockchains that connect to LayerZero, starts operating today.
BONK Falls 13% as Solana Ecosystem Sees Profit Taking After Memecoin Frenzy
Solana ecosystem tokens have surged several multiples in the past month. Traders could now be taking profits to rotate funds into newer plays.
Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments
Some $45 million stemmed from altcoin futures in an unusual move – with bitcoin accounting for a relatively lesser $36 million in liquidations.
Metis Surges 50% as Ecosystem Projects Eye $360M in Grant Rewards
Some liquidity pools built on the Metis network are offering as much as 200% in annualized fee rewards to users.
Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack
Payments through bank accounts are still awaited.
Telcoin Suffers Apparent $1.2M Exploit Related to Wallet Implementation on Polygon; TEL Drops 40%
Affected user balances will be restored as no private keys were stolen in the exploit, the developers said.
Solana Nears $100 as Meme Coin Frenzy Continues to Drive Rally
Value locked on Solana applications grew in tandem, rising to $1.3 billion worth of tokens from the $400 million mark in November to reach levels previously seen in July 2022.
Bitcoin Climbs Near $44K as U.S. Stocks Nurse Biggest 3-Month Loss
Overall crypto market capitalization crossed the $1.7 trillion mark on Wednesday for the first time since May 2022.
Bitcoin Could Reach $160K in 2024 on the Back of Halving, Spot ETF Hype: Analysts
Bitcoin has historically rallied after its halving event – which automatically decreases the supply of new coins in the open market – and traders are likely pricing in the event that’s next scheduled for April 2024.
