$91K Crypto Fraud: Man Arrested for Airdrop Scam

$91K Crypto Fraud: Man Arrested for Airdrop Scam

In A Nutshell Chinese authorities have recently apprehended an individual implicated in a significant case of identity forgery connected to the StarkNet (STRK) airdrop. The suspect, identified only by the surname Lan, ingeniously claimed over 40,000 STRK tokens intended for other individuals by submitting fraudulent Early Community Member Program (ECMP) airdrop applications. These tokens, initially…

Vitalik Buterin Unveils Binius to Boost Crypto Privacy

Vitalik Buterin Unveils Binius to Boost Crypto Privacy

In A Nutshell Vitalik Buterin, Ethereum co-founder, has introduced a new cryptographic concept named “Binius,” aiming to enhance the efficiency of zero-knowledge proofs. This development focuses on binary-field-based proving techniques, which could potentially revolutionize the way computations for zero-knowledge proofs are performed, by emphasizing operations on individual bits rather than on larger numeric values. Buterin…

Lost Bitcoin: Boosting Scarcity & Market Challenges

Lost Bitcoin: Boosting Scarcity & Market Challenges

In A Nutshell Understanding the fate of lost Bitcoin is crucial in the digital currency world. Bitcoin, a decentralized digital currency, becomes “lost” when its owners cannot access or control it due to various reasons such as private key compromise, user error, or malicious activities. With a maximum supply of 21 million BTC, the loss…

SEC Chair Gensler Under Fire Over Ethereum Stance

SEC Chair Gensler Under Fire Over Ethereum Stance

In A Nutshell U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has come under fire from Rep. Patrick McHenry, chairman of the House Financial Services Committee, for allegedly misleading Congress about the SEC’s stance on Ethereum (ETH) during a hearing. Despite the SEC investigating ETH as a security, Gensler abstained from commenting on its…

Shiba Inu Token Shows Bullish Signs Amid Market

Shiba Inu Token Shows Bullish Signs Amid Market

In A Nutshell The Shiba Inu token (SHIB) has been a subject of intense speculation and analysis within the cryptocurrency community. Recent data indicates a potential increase in its value, spurred by a reduction in tokens held on exchanges and a low Network Value to Transaction (NVT) ratio, suggesting undervaluation. This article delves into the…

Worldcoin’s Recovery Hopes: Could Hit $7 Amid Volatility

Worldcoin’s Recovery Hopes: Could Hit $7 Amid Volatility

In A Nutshell Despite a recent 45.17% price drop in the last 30 days, Worldcoin (WLD) is showing signs of a potential rebound that could see it reach $7 soon. Analysis of on-chain signals, particularly the Market Value to Realized Value (MVRV) ratio, suggests that the current decline may offer a buying opportunity, anticipating a…

Solana Futures Dip 47% Amid Bearish Market Sentiment

Solana Futures Dip 47% Amid Bearish Market Sentiment

In A Nutshell The value of Solana’s (SOL) futures open interest has seen a significant 47% decrease, hitting a two-month low and raising concerns about SOL’s price potentially slipping under $130. This downtrend in futures open interest is indicative of a reduction in market participants’ willingness to open new trades, pointing towards a bearish sentiment…

Ethereum Rejection at $3360 Sparks Market Uncertainty

Ethereum Rejection at $3360 Sparks Market Uncertainty

In A Nutshell Ethereum experienced a notable rejection at the $3360 resistance level, igniting discussions around the causes behind this movement. Amidst this market activity, Ethereum’s recent Dencun upgrade succeeded, promising lower gas fees for Layer 2 (L2) solutions. However, on-chain metrics reflect a mixed sentiment among investors, with notable shifts in supply distribution and…

BlackRock’s BUIDL Becomes Top Tokenized Fund at $375M

BlackRock’s BUIDL Becomes Top Tokenized Fund at $375M

In A Nutshell The BlackRock USD Institutional Digital Liquidity Fund, known by its ticker BUIDL, has rapidly become the world’s largest treasury fund tokenized on a blockchain, surpassing Franklin Templeton’s Franklin OnChain U.S. Government Money Fund (BENJI) in just six weeks. With a market cap of $375 million, BUIDL’s growth highlights the increasing trend of…

Coinbase Integrates Lightning for Faster BTC Trades

Coinbase Integrates Lightning for Faster BTC Trades

In A Nutshell Coinbase, a leading cryptocurrency exchange, has announced the integration of the Lightning Network for Bitcoin transactions. This new feature offers users the option for faster and more cost-efficient transfers by leveraging the layer-2 Lightning Network technology. The move aims to enhance the user experience by providing instantaneous Bitcoin transfers, contrasting the traditional…