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 »

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 »

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 »

21Shares launches wrapped Bitcoin 21BTC on Ethereum amid WBTC challenges

According to a Sept. 3 statement, 21.co, the parent company of 21Shares, has introduced its Wrapped Bitcoin product (21BTC) on the Ethereum blockchain. The company stated that it was collaborating with Flow... Read more »

VC funding for crypto startups soars to $634M in August

Venture capital (VC) funds invested $634 million in crypto startups in August — up 15% from July, based on DefiLlama data. Projects focusing on blockchain infrastructure secured nearly $460 million in funding,... Read more »

Bitcoin leads $305 million outflows as strong US economic data hits crypto

Crypto investment products faced significant outflows last week, totaling $305 million, as negative sentiment spread across various providers and regions, according to CoinShares‘ latest weekly report. James Butterfill, CoinShares’ head of research,... Read more »

Restoring trust and equity in the digital age through decentralized AI

The following is a guest post by Jiahao Sun, the CEO of FLock.io. In recent years, the promise of AI has captivated our collective imagination – conjuring visions of a future where... Read more »

X goes dark in Brazil as tensions between Musk and Judge escalate

Alexandre de Moraes, a Supreme Court judge, ordered the “immediate and complete suspension” of social media platform X in Brazil, the BBC reported on Aug 31. The judge directed the country’s telecom... Read more »

Coinbase conducts its first AI-to-AI crypto transaction

Crypto exchange Coinbase witnessed its first crypto transaction between artificial intelligence (AI) bots on Aug 30, CEO Brian Armstrong announced in a post on X. He explained that one large language model... Read more »
Dip Your Toes in Crypto Blog