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Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs

Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining RigsThe Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Securities and Exchange Commission (EX-99.1), Bankprov stated that revenue from its digital asset loan portfolio will continue to decrease as the company has discontinued new loan […]

Whales Accumulate Chainlink, Pepe and Three Other Altcoins From Binance: Lookonchain

Stablecoin Economy Sheds Another $3 Billion in 44 Days

Stablecoin Economy Sheds Another  Billion in 44 DaysThe stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd coin’s market cap slid by 2.9%, BUSD valuation shed 7.2% over the last month […]

Whales Accumulate Chainlink, Pepe and Three Other Altcoins From Binance: Lookonchain

Gold to Lose Its Shine as Harry Dent Predicts Massive Crash; Bitcoin to Follow Suit With Low of $3,250

Gold to Lose Its Shine as Harry Dent Predicts Massive Crash; Bitcoin to Follow Suit With Low of ,250Gold has seen a significant increase in value in 2023, with spot prices rising from $1,823 per ounce to the current price of $1,937 per ounce. However, Harry Dent, founder of HS Dent Investment Management, believes that this trend may not continue in the near future. Dent predicts that gold may lose value to the […]

Whales Accumulate Chainlink, Pepe and Three Other Altcoins From Binance: Lookonchain

Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports

Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis ReportsWhile the number of ransomware hits may not have decreased significantly, the revenue from such attacks has fallen sharply last year, according to Chainalysis. The blockchain forensics firm believes that to a large extent the trend can be attributed to more of the targeted organizations refusing to pay the perpetrators. Chainalysis Registers Significant Decline in […]

Whales Accumulate Chainlink, Pepe and Three Other Altcoins From Binance: Lookonchain

Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps

Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily SwapsAccording to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade volume during the past 24 hours at […]

Whales Accumulate Chainlink, Pepe and Three Other Altcoins From Binance: Lookonchain

Global Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022

Global Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022According to statistics, daily cryptocurrency trade volumes have dropped significantly during Dec. 2022. On Jan. 1, data shows that $22.95 billion was traded in the last 24 hours, compared to double that amount, $54.78 billion, two weeks earlier. On November 8, 2022, 54 days prior, amid the FTX collapse, global cryptocurrency trade volumes were approximately […]

Whales Accumulate Chainlink, Pepe and Three Other Altcoins From Binance: Lookonchain

Russia, US in Top 3 for Crypto-Related Threats, Cybersecurity Report Unveils

Russia, US in Top 3 for Crypto-Related Threats, Cybersecurity Report UnveilsThreats related to cryptocurrency have followed prices, decreasing significantly after the market slump in May, suggests a recent report released by a leading internet security firm. Detections fell by almost a quarter but Russia remains the most affected country, with the U.S. ranking in the top three as well. ESET: 1 in 10 Crypto-Focused Threats […]

Whales Accumulate Chainlink, Pepe and Three Other Altcoins From Binance: Lookonchain