Outflow from Crypto Products Rises Driven by GBTC Sales: CoinShares
In a report from CoinShares, it was revealed that withdrawals from cryptocurrency investment products during the week of January 20 to January 26 totaled $499.7 million.
Bulgarian Authorities Demand $3B from Nexo
The crypto lending platform Nexo is seeking $3 billion in compensation from Bulgarian authorities for the losses it incurred during an investigation that was ultimately discontinued.
North Korean Hackers Stole $600M in 2023: Report
According to a report by TRM Labs, hackers connected to North Korea have stolen at least $600 million.
Investments into Crypto-based Products Reached $243M in 2023’s Last Week: CoinShares
Inflows into cryptocurrency investment products reached a total of $243 million in the final week of 2023, bringing the year’s total to $2.2 billion.
$26.6 Billion in Crypto Was Airdropped Over 4 Years: Report
From 2020 to 2023, a surge in crypto airdrops has been observed, with the top 50, including giants like Uniswap, Apecoin, and dYdX, distributing $26.6 billion in tokens during this period.
The Value of Crypto-fund Assets Rises: Bloomberg Report
According to a recent report by Bloomberg, cryptocurrency hedge funds have seen an average increase in asset value of 44% in the past 12 months.
Telcoin Suffers Exploit and Loses $1.2M
The Telcoin (TEL) token witnessed a 40% price decline within the last 24 hours due to an apparent wallet implementation error on Polygon.
