Authorities in Ghana and Nigeria have arrested 28 suspects during an international crackdown on online fraud networks, with cryptocurrency exchanges Binance and Coinbase among the private companies helping investigators identify more than $11 million in potentially freezable funds. Summary Authorities arrested 28 suspects in Ghana and Nigeria during an international crackdown on online scam networks….
Is the OG meme coin about to stage a major comeback? We’re far from the meme-coin hype that rattled crypto markets, where new tokens were popping up left and right to fight for the public’s attention and, more importantly, the capital ready to deploy. Although the oldest and largest of the bunch was always…
Blockchain analytics firm Chainalysis has found that Italy, Portugal and Singapore account for 66.9% of tokenized U.S. Treasury holdings with identifiable geographic locations, while the United States represents just 10.5% of the recorded value. Summary Italy, Portugal and Singapore account for 66.9% of tokenized Treasury value with identifiable holder locations. U.S. investors account for 10.5%…
Is being too bullish actually good for the crypto market? Bitcoin’s recovery since the summer lows has been accompanied by an unusually sharp shift in analyst sentiment, and CryptoQuant believes the pattern closely resembles the early stages of the previous major bull cycle. In its latest report shared with CryptoPotato, the company found that…
Nine companies have formally objected to plans by OKXICE to offer tokenized versions of their shares, preventing the proposed trading platform from listing those securities under a new U.S. regulatory exemption. Summary Nine companies have objected to tokenized trading of their shares on OKXICE’s proposed U.S. platform. Broadcom, CoreWeave, Verizon and UnitedHealth appear among the…
Calls for a “Black Monday” are going viral online, so is this the calm before the major storm? The typical weekend sluggishness was briefly disrupted over the past several hours, with BTC dipping by a grand before rebounding just as quickly in what appeared to be a flash crash. The altcoins followed suit, many…
On-chain investigators have identified additional suspected stolen cryptocurrency moving into Zcash (ZEC), with funds reportedly linked to three separate security incidents involving Bitget, Cryptobills Ledger and Triple-A. Summary On-chain investigator Specter linked alleged stolen funds from three security incidents to Zcash transactions recently. ZachXBT traced approximately 2,700 ZEC into Zcash’s Ironwood shielded pool following the…
The past week delivered a striking contrast for Ripple and its native cryptocurrency. It was a packed week for Ripple and XRP, with Evernorth making its long-anticipated Nasdaq debut after a major merger, Standard Chartered and Cross River expanding RLUSD access, and Ripple Prime pushing further into Wall Street. None of those developments helped…
Stablecoin remittances have shown a cost gap of roughly 84% against traditional transfers in a comparison attributed to Borderless.xyz, with a $200 payment costing $2 through stablecoin-funded routes versus $12.72 using an older World Bank benchmark. Summary Stablecoin-funded remittances cost $2 per $200 transfer in Borderless’s reported comparison, roughly 84% below traditional costs. The comparison…
The cryptocurrency market returned to the green track today (October 16), with numerous leading digital assets posting substantial rebounds. However, the day’s top performer isn’t Bitcoin (BTC) or Ethereum (ETH), but the altcoin Injective (INJ), which pumped by 27%. Here’s what triggered the rally and what may come next. Catalysts and Predictions Just hours ago,…
