Bitcoin BTC$78,221.85, the largest cryptocurrency, is set to surge in the next four years, propelling its market capitalization to $16 trillion by 2030, Ark Invest said in its annual research report, Big Ideas. The more than 10-fold growth — market cap is currently about $1.5… Read More
Aave, one of the largest decentralized lending platforms, effectively froze Tuesday after all its major lending protocols ran out of available funds, leaving users unable to withdraw billions of dollars in crypto, DeFi Warhold said as he explained what the 100% utilization means. Roughly $5… Read More
Less than three weeks after North Korea-linked hackers used social engineering to hit crypto trading firm Drift, hackers tied to the nation appear to have pulled off another major exploit with Kelp. The attack on Kelp, a restaking protocol tied into LayerZero’s cross-chain infrastructure, suggests… Read More
Bitcoin traded around $68,780 on Tuesday as U.S. spot bitcoin ETFs posted their strongest daily inflow in more than a month. Funds added a combined $471 million on April 6, according to SoSoValue data, marking the largest inflow since Feb. 25 and the sixth-biggest daily… Read More
Cracks in the global private credit market are rattling investors, raising concerns the stress could spill into crypto markets. Bloomberg reported Friday that BlackRock’s $26 billion private credit fund has begun limiting withdrawals amid rising redemption requests. The move follows similar stress at Blue Owl,… Read More
Google searches in the U.S. for “bitcoin zero” surged to a record 100 on the company’s relative interest scale in February, coinciding with bitcoin’s BTC$68,383.32 slide toward $60,000 after a 50%-plus drawdown from its October all-time high. The spike could be read as a signal… Read More
