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Analysis

Crypto scams and exploits in May led to $60M loss: CertiK

Crypto-related exploits, hacks, and scams in May resulted in nearly $60 million in losses, according to blockchain security firm Certik. On May 31, CertiK...

Bitcoin hash rate resumes uptrend – poised to retest 400 TH/s ATH

The Bitcoin hash rate continues trending upwards, having experienced a spike last weekend(May 27-28, 2023) that puts it on track to re-test its all-time...

Bitcoin’s leap above $28k triggers $130 million in crypto liquidations

Bitcoin’s (BTC) brief climb above $28,000 during the early trading hours of today led to liquidations of roughly $130 million in positions held on...

Dogecoin transaction volume flips Ethereum amid DRC-20 token fever

Dogecoin (DOGE) recorded a significant surge in its network activity over the last two days, processing more than 4 million transactions between May 27...

Algorand Foundation CEO says ‘we don’t think about price’

Algorand Foundation CEO Staci Warden played down the significance of ALGO’s underwhelming performance, saying, “We don’t think about price.” In a recent interview with...

UK core inflation hits 28-Year high, boosting Bitcoin adoption as safe haven

The United Kingdom’s core inflation reached 6.8% in April, its highest level since 1992, as CryptoSlate reported in a recent insight. This surge in...

Nigeria CBDC experiment stumbles amid public resistance: Report

According to a report on ZeroHedge, the Central Bank of Nigeria’s (CBN), efforts to move the country towards replacing physical currency with eNaira faced...

Would the Bitcoin Standard make war unaffordable?

“Make War Expensive Again” is a Bitcoin slogan proposed in a recent tweet by Adam Ortolf from Upstream Data. He maintained that war has...

On-chain Cardano analysis highlights ‘positive trends’

The Cardano network has shown “positive trends” throughout 2023 across several on-chain metrics, according to the analysis conducted by IntoTheBlock, including the examination of...

Fifth consecutive weekly outflows point to crypto market fragility

Analysis conducted by CoinShares highlighted that crypto markets saw a fifth consecutive week of outflows with the current week totaling a $32.1 million loss....

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