A16z buys $90m of Optimism’s OP token in private deal

As a researcher with a background in cryptocurrency and blockchain technology, I find Andreessen Horowitz’s (a16z) latest investment in Optimism intriguing. The $90 million commitment to the Ethereum layer 2 solution is a strong endorsement of its potential and highlights the growing importance of layer 2 solutions for the future of the Ethereum ecosystem. According … Read more

Tether Holdings Reports Record $4.52B Profit in Q1 2024

As a researcher with a background in finance and experience in the cryptocurrency market, I find Tether Holding’s Q1 2024 report to be an impressive display of financial strength and stability. The record-breaking net profit of $4.52 billion and net equity of $11.37 billion are clear indicators of Tether’s dominance in the stablecoin market. As … Read more

Messari: RWA market’s TVL approached $8b

As a seasoned crypto investor with a keen interest in the decentralized finance (DeFi) sector, I find the recent surge in the total value locked (TVL) of real-world asset (RWA) protocols quite intriguing. According to Messari’s report, the RWA market has grown by nearly 60% between February and April, reaching close to $8 billion. This … Read more

Bitcoin’s Price Could Hit $50K, Says Standard Chartered

As a researcher with a background in finance and experience following the cryptocurrency market closely, I share Geoffrey Kendrick’s concerns about the recent drop in Bitcoin’s price below $60,000. The lack of demand for new Bitcoin and Ether ETFs in Hong Kong is a worrying sign, and the average purchase price of these ETFs being … Read more

North Korea’s Lazarus Group Laundered $200M in Crypto, Reveals ZachXBT Investigation

As a researcher with extensive experience in on-chain investigations, I am deeply concerned about the findings of ZachXBT’s investigation into North Korea’s Lazarus Group. The group’s laundering operations involving over $200 million in stolen cryptocurrency are a significant threat to the security and integrity of the crypto ecosystem. Investigation conducted by crypto expert ZachXBT uncovers … Read more