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
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
As an experienced financial analyst, I find Tether’s Q1 2024 performance quite impressive. The $4.5 billion net profit and the new highs in Treasury bills stockpile and total net equity are noteworthy indicators of their successful business model. Their diversified operations, with a significant portion of profits coming from holding U.S. Treasuries, demonstrate both stability … Read more
As a crypto investor who’s been around for a while, I’ve seen my fair share of ups and downs in the DeFi space. The recent discovery of a significant vulnerability in Curve Finance by cybersecurity expert Marco Croc, aka @malicator, has certainly caught my attention. Marco Croc, who goes by the alias of a cybersecurity … Read more
As a researcher with experience in the Decentralized Finance (DeFi) space, I cannot help but feel dismayed by yet another security breach, this time affecting Pike Finance. The exploit on April 30 resulted in significant losses of over $1.8 million across Ethereum, Arbitrum, and Optimism networks. Pike Finance is a Decentralized Finance (DeFi) platform specializing … Read more