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Author: John Smith
North Korea’s cyber operations hit new heights in 2024, with hackers linked to the regime stealing $1.6 billion in cryptocurrency, according to a report from Chainalysis. This marks a sharp increase from the $660.5 million stolen in 2023 and underscores the critical role cybercrime plays in funding Pyongyang’s government operations. There was $2.2 billion stolen from crypto platforms in 2024, and North Korea accounted for 61% of it, according to Chainalysis. North Korean hackers stole more from crypto platforms than ever before: $1.34 billion, which represents 61% of the total amount stolen for the year. pic.twitter.com/tVBsOKW8U7— Chainalysis (@chainalysis) December 19,…
Marathon Holdings restocked over $1.5 billion worth of Bitcoin using proceeds from its convertible note offering. Bitcoin (BTC) infrastructure firm Marathon Holdings acquired 15,574 BTC for an estimated $1.53 billion after raising nearly $2 billion through a 0% convertible note sale in November and December. Marathon shared a Securities and Exchange Commission Form 8-K filing on Dec. 19, revealing it bought its latest BTC tranche at an average price of $98,529 per Bitcoin. U.S. publicly traded companies use Form 8-K documents to disclose developments relevant to shareholders. Marathon Holdings now holds 44,394 BTC, worth a staggering $4.45 billion when the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Traders shift focus from DOGE and SHIB to emerging tokens like PEPE and Lightchain AI, with LCAI offering unique features and 1,000x growth potential. Dogecoin (DOGE) and Shiba Inu (SHIB) have faced a breakout delay as traders shift focus to emerging opportunities like PEPE and a promising $0.003 token poised for a surge to $30. While DOGE and SHIB remain staples of the meme coin market, investor enthusiasm is being redirected toward projects like Lightchain AI (LCAI). Currently priced…
Ethereum price declined to a critical support level as cryptocurrencies experienced a sharp pullback following the Federal Reserve’s hawkish interest rate announcement. Ethereum (ETH) slipped to $3,540, marking a 10% drop from its peak earlier this week. This retreat coincided with the sell-off of other coins like Bitcoin (BTC) and Solana (SOL). Despite the price drop, Ethereum’s fundamentals remain strong. Notably, Ethereum Exchange-Traded Funds have seen steady inflows, now totaling over $2.46 billion. These inflows have increased for 18 consecutive days, reflecting growing interest from investors. Ethereum ETFs are gaining traction as investors anticipate the SEC may soon allow staking…
CryptoQuant CEO warns of economic instability and calls for reform in South Korea’s financial policies. In a Dec. 19 post on X, Ki Young Ju, the CEO and founder of CryptoQuant, expressed grave concerns about the status of the Korean economy — critiquing the nation’s economic policies, pointing out, in particular, the rising value of the Korean Won and the unattractiveness of domestic assets. “Domestic assets, including the Korean Won, are not attractive at all,” Ju said, highlighting the ineffectiveness of government initiatives to keep the currency stable. Ju pointed out that the government’s efforts to keep the currency stable have…
December 18 is HODL Day, a celebration of a famous crypto typo that became a symbol of sticking with your investments, no matter what the market throws your way. So what is HODL anyway? Here’s how HODL became an iconic term in crypto. The origin of HODL: What does HODL mean in crypto? What does “HODL” stand for? HODL meaning originates from a post on the Bitcointalk cryptocurrency forum in 2013, where it first appeared as a typo of the word ‘hold.’ The term “HODL” means staying committed to holding onto Bitcoin (BTC) despite a sharp price drop, as declared…
Binance’s latest Global User Survey revealed that almost half of its users joined the crypto market in 2024. Meanwhile, around 23.89% respondents believe AI tokens will lead the crypto market in 2025, followed closely be meme coins. On Dec. 19, Binance released the results from its global survey involving more than 27,000 users from Asia, Australia, Europe, Africa, and Latin America. The crypto exchange found that a large majority of its users are new to crypto. Around 24.52% of users entered the space in the past six months, while 20.60% just joined within the past year. New crypto adopters make…
After the Fed cut the interest rate by 0.25%, the crypto market’s liquidation of more than $239 million in mere minutes. Bitcoin dipped briefly below $100k with other major tokens following suit. On Dec. 19, the Federal Reserve reduced its key interest rate by 25 basis points and warned of cuts in the following years. The Fed hinted that it would probably lower only twice more in the new year ahead. Fed Chair Jerome Powell explained that since the U.S. government’s stance has become less restrictive, then the agency can afford “be more cautious as we consider further adjustments to…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Shiba Inu prepares for a moonshot as whales stockpile a 10x coin alongside Ethereum. Shiba Inu (SHIB), the second largest meme coin in terms of market cap, may soon be the next meme token to skyrocket, according to analysts. Meanwhile, whales have been accumulating Ethereum (ETH) and a new AI coin called Intel Markets (INTL). While ETH looks set for a new ATH, INTL has outperformed many top altcoins in the market, giving investors up to 700% returns on…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid the bull market, Binance Coin holders are turning to Lightchain AI for its smart fusion of AI and blockchain, as well as its massive growth potential. Binance Coin (BNB) has long been a favorite among traders for its utility and consistent growth within the Binance ecosystem. However, growing interest is now shifting toward Lightchain AI (LCAI), a cutting-edge platform merging blockchain with artificial intelligence. Offering features like Proof of Intelligence (PoI) and the Artificial Intelligence Virtual Machine (AIVM),…