DeFi and social dApps lead in monthly unique wallets for August – DappRadar

DeFi and social dApps saw a notable rise in daily unique active wallets (dUAW) in August, as the overall dApp industry hit a record 17 million average dUAWs, up 9% from the... Read more »

Bitcoin Miner Iris Energy Increases Mining Output by 10%

Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The improvement is attributed to higher operational efficiency and reduced electricity costs following... Read more »

WazirX hacker launders $10 million through Tornado Cash

The hacker responsible for stealing over $235 million from the Indian crypto exchange WazirX has transferred around $10 million through sanctioned Tornado Cash in the past 24 hours, according to blockchain security... Read more »

US Banking Regulator Calls for Stronger Oversight of Crypto Risks

Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision kept banks... Read more »

Bitcoin’s entity-adjusted NUPL signals heightened market uncertainty below $60k

Onchain Highlights DEFINITION: Entity-adjusted NUPL is an improved variant of Net Unrealized Profit/Loss (NUPL) that discards transactions between addresses of the same entity (“in-house” transactions). It only accounts for real economic activity... Read more »

Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss

Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In fact, on Wednesday it’s just 12 exahash per second (EH/s) away from... Read more »

POL token launch underway, promises new era for Polygon despite market slip

Polygon has officially started its long-awaited transition from MATIC to the new Polygon Ecosystem Token (POL) as part of its “Polygon 2.0” roadmap, according to a Sept. 4 statement shared with CryptoSlate.... Read more »

Ethereum address profitability declines as bearish trend continues

Onchain Highlights DEFINITION:The percentage of unique addresses whose funds have an average buy price that is lower than the current price. “Buy price” is here defined as the price at the time... Read more »

RDNT token jumps 20% following Radiant Capital’s new liquidity plan

Key Takeaways Radiant Capital’s proposal RFP-44 aims to optimize RDNT token emission and cross-chain liquidity. The proposal includes a weekly rebalance and a 24-hour grace period for RDNT holders. Share this article... Read more »

Coinbase Legal Chief Criticizes SEC’s Vague Position on FTX Plan — Says Investors Deserve ‘Way Better’

Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission (SEC) for its ambiguous position regarding FTX’s proposal to repay creditors using stablecoins or other cryptocurrencies. Although the SEC did... Read more »
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