Crypto Thefts on Coinbase’s Base Chain Rose by 145% in April

As a researcher with a background in blockchain security, I find the recent increase in crypto thefts on Coinbase’s Base chain alarming. According to data from Scam Sniffer, there was a significant surge in scam activity on Base in April, resulting in about $170,000 lost to phishing scams. This represents an approximately 1,900% increase in … Read more

Australian Court Backs ASIC in Legal Case against Qoin Scheme

As an experienced financial analyst, I firmly believe that this court ruling is a positive development for the Australian financial sector. The importance of regulatory oversight cannot be overstated when it comes to protecting investors and maintaining market integrity. In the case of BPS Financial Pty Ltd and its Qoin scheme, the lack of transparency … Read more

Here’s Why This Crypto Analyst Believes Bitcoin Is At A ‘Prime Buy Zone’

As a researcher with a background in cryptocurrency analysis, I find Ali Martinez’s insights on Bitcoin’s current market situation intriguing. The flagship crypto’s recent price recovery above $64,000 has raised questions about its undervalued status, and Martinez’s use of the Market Value to Realized Value (MVRV) ratio metric adds weight to this theory. Based on … Read more

Study Uncovers Surprising Data: 90% Of Stablecoin Transactions Not Driven By Human Users

As a researcher with experience in the fintech and blockchain space, I find the recent Bloomberg report on stablecoin transaction volumes to be both intriguing and concerning. The revelation that over 90% of stablecoin transactions do not originate from genuine users is a significant finding that challenges the optimistic outlook of stablecoin proponents. According to … Read more

Is Avalanche About To Blow? Don’t Miss This Potential Breakout – Analyst

As a seasoned crypto investor with a keen interest in technical analysis, I find the recent developments surrounding Avalanche (AVAX) particularly intriguing. The identification of a potential bullish pattern by prominent analyst World of Chart has sparked excitement in the community, and as someone who closely follows price charts and trends, I can’t help but … Read more

Daily ETH Burn Rate Hits Yearly Low amid Reduced Gas Fees

As an analyst with extensive experience in the cryptocurrency market and a deep understanding of Ethereum’s intricacies, I find the recent decline in ETH burning and gas fees on the network quite intriguing. The record-low daily burn of 610 ETH on May 5, 2024, is a stark contrast to the daily averages of over 2,500–3,000 … Read more

Bitcoin Price: Bernstein Analysts Reiterate Their $150K Bet

As a seasoned crypto investor with a few years of experience under my belt, I’m always keeping an eye on the price movements of Bitcoin (BTC) and the broader cryptocurrency market. The recent fluctuations in Bitcoin’s price have been intriguing, to say the least. After hitting an all-time high of over $73,000 in March, we’ve … Read more