The Protocol: Meme Coins (and Pepe's Best Friend) Swarm Coinbase Layer 2 Chain

The Protocol: Meme Coins (and Pepe's Best Friend) Swarm Coinbase Layer 2 Chain

[ad_1] It’s not something we have historically written a lot about – bridging yields. But a new report from the crypto investment firm Exponential.fi included a chart on these yields, and it caught our eye because they’ve been rising fast recently, pushing above 15%. Co-founder Mehdi Lebbar attributes the rising yields to higher demand from … Read more

Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit

Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit

[ad_1] “These crypto related stocks are extremely crowded and very squeezable relative to the U.S. market, with an average Crowded score of 57.34 versus the street average of 32.41 and an average Squeeze score of 78.69 versus the street average of 34.41,” the report said, adding that “MSTR, COIN and CLSK are the most squeezable … Read more

Bitcoin “Liquid Inventory Ratio” Hits All-Time Low, What It Means

Bitcoin “Liquid Inventory Ratio” Hits All-Time Low, What It Means

[ad_1] On-chain data shows the Bitcoin “Liquid Inventory Ratio” has dropped to an all-time low. Here’s what this could mean for the asset. Bitcoin Sell Side Liquidity Is Low Relative To Demand Right Now In a post on X, CryptoQuant founder and CEO Ki Young Ju discussed the recent trend in the Liquid Inventory Ratio … Read more

Dutch Prosecutors Seek 64-Month Jail Sentence for Tornado Cash Dev Alexey Pertsev

Dutch Prosecutors Seek 64-Month Jail Sentence for Tornado Cash Dev Alexey Pertsev

[ad_1] Pertsev has been accused of laundering $1.2 billion worth of crypto through the anonymizing tool Tornado Cash, the Dutch prosecutors detailed in an indictment that was shared ahead of the trial. The indictment said that between July 9, 2019 and Aug. 10, 2022 Pertsev made “a habit of committing money laundering.” [ad_2] Source link

Ondo Finance to Move $95M to BlackRock's Tokenized Fund for Instant Settlements for Its T-Bill Token

Ondo Finance to Move $95M to BlackRock's Tokenized Fund for Instant Settlements for Its T-Bill Token

[ad_1] Ondo’s action marks the first example of a crypto protocol leveraging asset management giant BlackRock’s tokenized fund offering, which debuted last week. The fund, represented by the Ethereum-based BUIDL token backed by U.S. Treasury bills and repo agreements, is targeted for white-listed, institutional clients and requires at least $5 million minimum allocation. While the … Read more

The Munchables Hack Is Way Worse Than It Seems

The Munchables Hack Is Way Worse Than It Seems

[ad_1] After an hour of negotiations led by Munchables, along with independent blockchain investigator ZachXBT and security firm PeckShield, Werewolves0943 was convinced to return all the funds. “The Munchables developer has shared all private keys involved to assist in recovering the user funds. Specifically, the key which holds $62,535,441.24 USD, the key which holds 73 … Read more