Crypto News

Whales Move Nearly $1,000,000,000 in Ethereum As Markets Pull Back – Here’s Where the Crypto Is Going
Whales moved nearly $1 billion in Ethereum (ETH) across 15 separate transactions during Tuesday and Wednesday, according to the crypto tracker Whale Alert.

New data suggests Bitcoin could see BTC price 'double bubble' top in 2021
Bitcoin (BTC) is facing a “double bubble” and will see two price tops this year, fresh data suggests.
In a tweet on Aug. 18, Charles Edwards, CEO of investment firm Capriole, highlighted 2021 as having one key similarity to the 2013 double top bull cycle.

Survey Shows 3 in 4 Crypto Investors Turned a Profit Investing, Crypto Represents 12% of Millennial Portfolios
Digital currencies have seen significant gains in 2021 jumping 154% in value since January 1. On August 18, Cryptovantage published a study that shows 3 in 4 crypto investors said they had made money on their crypto holdings and cryptocurrencies represent 12% of the average millennial portfolio.

The Poly Network hacker just got offered a job… by Poly Network
In the aftermath of the Poly Network exploit, in which the attacker stole more than $600 million worth of crypto, just to return the biggest portion of the take, the network continues mitigating the damage and fixes its vulnerabilities, while continuing a dialogue with the responsive hacker.

Vitalik Buterin Casts Doubts Over Jack Dorsey’s Bitcoin ‘Defi’ Plan
Vitalik Buterin, the co-founder of Ethereum blockchain recently appeared on Bloomberg to express his views on the upcoming ETH 2.0 upgrade and answered questions on Jack Dorsey’s Bitcoin Defi Plans and Mark Zuckerberg’s metaverse on Studio 1.0 as well.

Darknet crypto mixer operator pleads guilty to laundering $300M in BTC
Ohio man, Larry Dean Harmon, has pleaded guilty to laundering more than $300 million while operating the Darknet-based Bitcoin mixing service, Helix.
On August 19, The U.S. Department of Justice announced that the 38-year-old pleaded guilty to laundering more than 350,000 Bitcoin through Helix from 2014 through 2017.

5 DeFi Solutions That Will Blow Your Mind
The decentralized finance (DeFi) space is red hot. For anyone paying attention in the blockchain ecosystem, the explosion of DeFi was inevitable, it just required maturation of the industry in a number of areas, including regulations, custody, scaling, and so on.

Vietnam, India, Pakistan tops global crypto adoption index
Recent data from Chainalysis, a blockchain data and analysis platform, shows that crypto adoption has been rising significantly around the world. Countries like Vietnam and India have seen a massive spike in cryptocurrency adoption over the past year, mainly from the peer-to-peer market.

Cardano Fuelled Again by Stablecoin and Smart Contract Progress
Cardano’s native token ADA today resumed its price rally as work continues on the smart contract-enabling “Alonzo” upgrade, and a new paper is published that details the technical underpinnings of a Cardano-powered stablecoin.

Japanese Crypto Exchange Liquid Hacked for At Least $85 Million
Japanese cryptocurrency exchange Liquid revealed that its hot digital wallets have been compromised early this morning.