RECENTLY: Antonio Giuliano, the founder of DYDX, suggested that cryptocurrency builders target the global market in the next 5-10 years, build elsewhere, and avoid the uncertainty of US regulation, returning with a stronger posture.
ANALYSIS: According to Feinbold, there has been a surge in global interest in “buying Bitcoin” with a popularity score of 74 (+42% YoY) according to Google Trends. Nigeria topped the list, followed by Cameroon, Saint Helena, Ghana and the United States.
ANALYSIS: Ethereum addresses holding more than 10,000 coins are at a 2-year low (1,082), while exchange balances are at a 5-year low (14,740,830.732 ETH), data from Glassnodes.
RECENTLY: WazirX in India has suspended INR withdrawals due to bank issues, and there is no estimated time for recovery, while working with another provider.
JUST IN: Customer data of FTX and lender BlockFi was compromised in a hack involving Kroll, a third-party agency that manages creditor claims for bankrupt companies.
JUST IN: According to PeckShield, Magnate Finance used a manipulated price oracle to conduct a $6.4 million exit scam on Base L2 involving DAI and wETH.
JUST IN: The FBI identifies cryptocurrency funds stolen from the Democratic People’s Republic of Korea (DPRK), and warns that North Korean hackers may be trying to sell $40 million worth of bitcoin.