A recent Node Package Manager (NPM) attack stole just $50 worth of crypto, but industry experts say the incident highlights ongoing vulnerabilities for exchanges and software wallets. Charles Guillemet, the chief technology officer of hardware wallet company Ledger, said in a Tuesday X post that the attempted exploit was a “clear reminder” that software wallets…
Nasdaq-listed trading platform Lion Group Holding has announced plans to shift its entire stash of Sui and Solana into HYPE, the native token of the Hyperliquid blockchain. The Singapore-based trading platform said in a statement on Monday that it plans to exchange its Solana (SOL) and SUI (SUI) gradually over time to lower the average…
Key takeaways: Declining spot buying and spot Ethereum ETF outflows signal weakening demand. ETH price technicals show a possibility of a drop to $3,5000. Ether’s (ETH) price has formed a series of lower highs and lower lows on the daily candle chart since reaching all-time highs of $4,950 on Aug. 14. As the price fell,…
Ethereum added around $5 billion in new stablecoins over the past week, pushing the total supply of stablecoins on the network to an all-time high. The stablecoin supply on Ethereum has more than doubled since January 2024 and has reached an all-time high of $165 billion, Token Terminal reported on Sunday. Figures vary slightly depending…
Ethereum revenue, the share of network fees that accrue to Ether (ETH) holders as a result of token burns, dropped by about 44% in August, even amid all-time high ETH prices. Revenue for August totaled over $14.1 million, down from July’s $25.6 million, according to Token Terminal. The drop occurred amid ETH rallying by 240%…
Ripple has finally finished its legal battle against the US Securities and Exchange Commission, bringing legal clarity to its underlying coin, XRP (XRP). Now observers are asking whether XRP can finally focus on providing a viable alternative to SWIFT. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has been the backbone of international money transfers…
The Bitcoin (BTC) mining difficulty, the average difficulty level for mining a block on the network, climbed to a new all-time high of 134.7 trillion on Friday. Network difficulty hit a previous all-time high in August and steadily rose throughout the month, despite projections that network difficulty would decrease. Bitcoin’s hashrate, the average of the…
Opinion by: Evan Kuhn, president of DeLorean Labs When car manufacturers develop a new model, their fragmented logistics and sales cycle mean that even if a customer puts down a deposit, they have no feasible or reliable way of projecting delivery for that car. Eager car buyers can wait months or even years after paying…
Traders who predict Bitcoin will reach its cycle-high price by the end of this year may be misunderstanding the principles of statistics, a Bitcoin analyst says. It comes as several analysts have been forecasting the outcome for Bitcoin (BTC) in recent times. “Anyone who thinks Bitcoin has to peak in Q4 of this year does…
Key takeaways: Ether (ETH) is teasing a continuation of its bull cycle as the cumulative exchange net flow turns negative for the first time in history. Is this the trigger required to push ETH price back into price discovery? ETH exchange flux balance turns negative Founder and CEO of data analytics platform Alphractal, Joao Wedson,…
