Author: John Smith

Blockchain networks are bleeding casual users, with four out of five low-engagement accounts going inactive within three months, a Flipside study reveals. A recent study reveals a hard truth about blockchain ecosystems: most users lose interest quickly. Data from Flipside, which analyzed user behavior across networks such as Solana, Ethereum, Arbitrum, and Avalanche, shows that user retention is extremely low. The majority of users disappear within months unless they were already highly active from the start. Flipside took a hard look at how wallets behave over time. They sorted users into three categories: low-value (scores 0-3), medium-value (4-7), and high-value…

The prime brokerage firm Hidden Road has launched crypto swap services for U.S. clients as it awaits regulatory approval for its $1.25 billion acquisition by Ripple. Prime broker Hidden Road has launched crypto swaps prime brokerage services for institutional clients in the United States, expanding access to over-the-counter cash-settled swaps across leading cryptocurrencies. The new product is provided by Hidden Road’s British arm, Hidden Road Partners CIV UK Ltd., which is regulated by the Financial Conduct Authority. With the latest upgrade, U.S.-based institutions will now be able to execute OTC swaps in a market that the company says has been…

Arkham claims it has found Strategy’s alleged Bitcoin address, with total holdings currently valued at $48.8 billion. CEO Michael Saylor previously declined to reveal the company’s address for security reasons. According to a recent post from the blockchain analytics firm, it has identified what is allegedly an address containing the Bitcoin (BTC) holdings of Michael Saylor’s software company. The tracking page set up on Arkham’s platform for the address shows that it holds around 454,231 BTC. At current market prices, its holdings are valued at $48.8 billion, with each BTC trading at $107,619. The address does not hold any other…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the Ethereum price targets $4,000, a new DeFi coin is catching the attention of Cardano holders. Discover how this AI-powered crypto is shaking up the crypto sector. The Ethereum price is expected to push toward the $4,000 mark in the coming days based on bullish technical indicators. Besides, AshCryptoReal noted that a second doji candlestick has formed on the chart, pointing at an uptrend.  While ETH eyes a rally, Cardano holders are shifting to a new project because…

The United States Securities and Exchange Commission has delayed its decision on Grayscale’s proposed spot ETFs for Avalanche and Cardano, extending the review period to 15 July 2025. A May 28 press release from the Commission said it was appropriate to designate a longer period to consider the proposed rule change. The SEC made the designation under Section 19(b)(2) of the Securities Exchange Act of 1934, which allows for extensions beyond the initial 45-day review window. Nasdaq filed the Avalanche ETF proposal on 27 March 2025 and seeks to list and trade shares of the Grayscale Avalanche Trust under Nasdaq…

WCT jumped 11% following news that Jupiter stakers will be eligible for a token claim tied to WalletConnect’s Solana expansion. WalletConnect Token (WCT) jumped on Thursday as buzz spread about an upcoming airdrop tied to Solana (SOL), and some Jupiter stakers are now on the list. Following the news, the price of WCT rose 11.6% and is trading at $1.06, according to data from CoinGecko. The token has gained 276.8% over the past month, rising from $0.2814 on April 15. The price rally followed growing anticipation around WCT’s expansion to Solana. At the Solana Accelerate event, WalletConnect Foundation founder Pedro…

Pakistan will create a strategic Bitcoin reserve as part of a government-led initiative to embrace digital assets. During his appearance at the Bitcoin 2025 conference in Las Vegas, Nevada, Bilal Bin Saqib, head of the newly established Pakistan Crypto Council, said the government is setting up a national Bitcoin wallet to hold reserves long term. He clarified that the initiative is not driven by market speculation but by a broader state strategy, adding that the government will “never, ever sell” the Bitcoin it acquires. Pakistan’s decision marks a clear break from past skepticism. Saqib said the move was directly inspired…

Nearly $58 million in USDC has been frozen in connection with the LIBRA memecoin scandal, deepening the legal and political fallout from one of this year’s biggest crypto scandals. On May 29, blockchain analytics firm Arkham reported that Circle, the issuer of USD Coin (USDC), froze two Solana (SOL) wallets tied to the LIBRA deployer and project team. The wallets held a combined $57.65 million in USDC, which is now immobile. The action was carried out by Circle’s multisig freeze authority. ALERT: $57M OF USDC ASSOCIATED WITH LIBRA FROZEN BY CIRCLETwo Libra accounts have just been frozen by Circle, including…

Ethereum has crossed $2,700 for the first time since February, rising nearly 5% over the past 24 hours to trade at $2,736 at press time.  The move extends its impressive recovery, with Ethereum (ETH) now up 53% over the past month after a rough Q1 that saw prices drop more than 45%. A major driver behind the rally appears to be growing institutional interest.  U.S. spot Ethereum exchange-traded funds have attracted $402 million in inflows over the past month, according to SoSoValue data. BlackRock’s iShares Ethereum Trust alone brought in $53 million in the past 24 hours, pushing its cumulative inflows…

The Sui Foundation has stepped in with a secured loan to help decentralized exchange Cetus fully compensate users affected by a recent $223 million exploit. In a statement posted on X on May 27, the foundation said the loan will cover funds that the hacker managed to bridge out of the Sui (SUI) network before validators froze their wallets. Cetus will combine the loan with its treasury assets to reimburse affected users in full, provided the community approves a separate on-chain vote to unlock the frozen funds. https://twitter.com/suinetwork/status/1927439620091834569?s=46&t=nznXkss3debX8JIhNzHmzw Cetus echoed this sentiment in another statement, apologizing for the incident and…