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Hacker transferring ETH to Tornado Cash raises security concerns in cryptocurrency.
blockchain

Hacker Transfers 300 ETH to Tornado Cash: Security Concerns Arise

Foresight News reports that a hacker involved in the DEXX incident transferred 300 ETH to Tornado Cash, raising security issues for decentralized exchanges. The use of privacy platforms complicates...

blockchainImage depicting the transition of Flashbots to a decentralized Ethereum network

Flashbots Shifts to Decentralized Block Building in Ethereum

Flashbots announces a major transition from centralized block building to BuilderNet, a decentralized Ethereum network. This change aims to enhance decentralization and improve the Ethereum ecosyst...

BitcoinMicroStrategy's Bitcoin Holdings Infographic showing 423,650 BTC and its market impact.

MicroStrategy Now Holds 2.017% of Total Bitcoin Supply

As of December 9, 2024, MicroStrategy owns 423,650 BTC, representing over 2% of Bitcoin's total supply. This strategic acquisition further solidifies its position in the cryptocurrency market.

blockchainInfographic showing the growth of USDT wallets by Q4 2024.

Tether Reports Over 109 Million Wallets Holding USDT By Q4 2024

Tether's new data reveals that by Q4 2024, more than 109 million on-chain wallets will hold USDT, showcasing increased adoption and utilization of the stablecoin across blockchain platforms. This m...

blockchainEthereum mainnet transaction fees increase to 38 Gwei, infographic.

Ethereum Mainnet Gas Fees Surge to 38 Gwei: Implications for Users

Gas fees on the Ethereum mainnet have risen to 38 Gwei, reflecting increased demand. This impacts users and developers, leading to higher costs for transactions and smart contract executions. Explo...

AustraliaGraph showing decline of fintech firms in Australia 2024

Australian Fintech Sector Sees Decline as Blockchain Firms Suffer Most

A recent KPMG study revealed that over 7% of Australian fintech companies have ceased operations in 2024, with blockchain and cryptocurrency firms facing the toughest challenges. The number of inde...