New data from market intelligence firm Chainalysis reveals bad actors are using crypto mixing services at unprecedented rates. According to a new blog post by the crypto insights company, crypto mixing usage has spiked in 2022, with illicit addresses accounting for 11% more of the funds sent to mixers compared to last year. “While value […]
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A market intelligence firm says seven crypto wallets may have been involved in the depegging of algorithmic stablecoin TerraUSD (UST) from the US dollar. According to digital assets insights firm Nansen, seven crypto wallets were spotted swapping large amounts of UST on the automated market-making platform Curve (CRV) on May 7th, right before the stablecoin […]
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New data from a crypto insights firm reveals that non-fungible token (NFT) collectors have already poured a staggering $37 billion into NFT marketplaces in the first four months of 2022. According to a new blog post by Chainalysis, collectors are on pace to comfortably eclipse the $40 billion that went into NFT marketplaces last year. […]
The post NFT Collectors Sent $37,000,000,000 to Marketplaces in Just the First Four Months of This Year: Chainalysis appeared first on The Daily Hodl.
Crypto insights firm Santiment says that deep-pocketed Ethereum investors have started aggressively accumulating ETH after four months of inactivity. The market intelligence firm says that whales holding between 1,000 and 10,000 Ethereum have suddenly added a combined 142,000 ETH, worth about $407,415,040 at time of writing. The accumulation spike comes after a nearly four-month-long stagnation […]
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In the early days, there were only a few web portals with cryptocurrency statistics and data tied to these ever-changing digital asset markets and blockchain metrics. More than ten years later, however, data and analytics tethered to the world’s most popular and most used digital currencies have swelled with growth. The following article delves into […]