BNB Chain User Activity Soars in Q2, Despite SEC Regulatory Pressure 1According to Messari’s new report, user activity climbed on BNB Chain in the year’s second quarter. Daily active address count went up by 26% as daily transactions also grew. However, due to the negative impact of SEC’s regulator activity against Binance, BNB experienced a decline. Within the 90-day period between April and June, leading Layer 1 (L1) blockchain BNB Chain experienced a surge in network activity while its revenue dwindled, Messari found in a new report. According to the on-chain […]

LazarusOn-chain sleuths linked transactions between addresses involved in major exploits and linked to DPRK’s Lazarus group. ZachXBT’s analysis of the hacks on payment providers Alphapo and Coinspaid point to the infamous North Korean cybercrime organization. Losses from the hacks on decentralized wallet Atomic Wallet and Alphaho exceed $160 million combined. Coinspaid suspended withdrawals citing a “technical issue” around the same time hackers attacked Alphapo. Out of the ROK, Lazarus comes forth! The notorious cybercrime group from North Korea could be […]

WorldcoinWorldcoin launched on Monday with an airdrop of 43 million tokens to over 2 million sign-ups. The digital identity-styled protocol sparked debates regarding centralization and privacy following its Monday debut. Ethereum co-founder Vitalik Buterin opined that WLD’s biometric proof of personhood model presents opportunities and concerns alike. The token is up over 50% since listing on major crypto exchanges like Binance, Kucoin, Huobi, Bybit, and OKX. Worldcoin (WLD) – the token for Sam Altman’s digital identity protocol – skyrocketed over […]

crypto exchangesElliptic’s report identified payments to Russian crypto exchange Garantex and an unnamed Australian platform for fentanyl products worth billions in street value. The report estimates that these platforms received roughly $50 million in Bitcoin and Tether’s stablecoin USDT. At least 100 Merchants accept crypto payments for fentanyl ingredients as a means to evade sanctions and export restrictions. Fentanyl precursor merchants in China are utilizing centralized crypto exchanges in Russia and Australia to accept digital payments in a bid to evade […]

Crypto WhaleThis crypto whale wallet has been dormant for over 8 years and received tokens from Ethereum’s initial coin offering in 2015. The whale moved 61,216 ETH worth $116 million to an unknown wallet and then to an address linked to the crypto exchange Kraken. Ethereum’s ICO sold coins at 31 cents per token, while prices have since climbed to $1900 at press time and previously peaked at $4,878 in November 2021. A crypto whale wallet transferred 61,216 Ether tokens received […]