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The latest report by TRM Labs has shed light on a troubling trend in the cryptocurrency industry – the prevalence of illicit activity at crypto ATMs. Unlike traditional cryptocurrency exchanges, these machines lack stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols, making them a magnet for criminals looking to anonymously move funds. The
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An individual named Opeyemi has found himself deeply immersed in the world of cryptocurrency despite it not being his initial career path. Over the course of two years, Opeyemi has dedicated his time to understanding and unraveling the intricate complexities of blockchain technology. He is drawn to the ever-changing landscape of digital assets, often spending
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The demand for bitcoin (BTC) in the United States has been on the rise recently, particularly following comments made by Federal Reserve chair Jerome Powell at the Jackson Hole symposium. This increased interest in BTC from U.S. investors has been reflected in various metrics, such as the Coinbase Premium, which surged to 0.11%, its highest
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As the highly-anticipated 2024 bitcoin bull run continues to unfold, it is quite evident that the journey towards the coveted $100,000 mark has hit some roadblocks. Despite breaking its 2021 all-time high earlier in the year, Bitcoin has struggled to maintain its momentum and has faced several challenges along the way. While hopes were high
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The US Securities and Exchange Commission (SEC) recently emphasized the crucial need for retail investors to have more timely access to fund portfolio data. This data is vital for making informed investment decisions, especially during market uncertainties such as the COVID-19 pandemic and geopolitical events. Currently, the regulatory framework requires registered investment companies to provide
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Ethereum (ETH) has been facing challenges in the market as it struggles to break past the $2,600 mark. Critical data from Farside Investors reveals a decline in interest in Ethereum ETFs, which has added to the cautious sentiment surrounding ETH. This lack of enthusiasm may indicate broader concerns about Ethereum’s future performance in comparison to
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Centralization in the cryptocurrency space has become a point of contention, with some of the most popular project tokens displaying a high concentration of holdings among a few top wallets. For example, Polygon (MATIC) and Shiba Inu (SHIB) have emerged as leading examples, with Polygon’s top ten wallets controlling 69.4% of its total market capitalization
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