January, 2024

January, 2024

14,039 tokens listed on CoinGecko since 2014 are now ‘dead’: Report
This represents 50% of all the crypto assets listed on the platform, with most of the failed projects being listed during bull runs....

USDT usage for money laundering surges in East and Southeast Asia: UN report
The United Nations Office on Drugs and Crime published a report highlighting the role of casinos, junkets, and crypto in money laundering...

Experienced crypto devs pool size grew 16% in 2023: Report
Electric Capital points out that 75% of Web3 code is published by 'experienced' devs, countering a 24% decline in monthly active developers....

Trump unveils new NFT collection on Bitcoin Ordinals
Trump's latest NFT collection will be minted as Bitcoin Ordinals, exclusively available to Mugshot Edition" buyers....

Trezor discloses phishing attack impacting 66,000 users
While no funds have been compromised, Trezor warned users to remain vigilant against potential phishing attempts....

Nethermind addresses critical bug causing invalid Blocks on Ethereum
The bug prevented node operators from validating blocks, leading to calls for greater client diversity on Ethereum....

Terraform Labs files for Chapter 11 bankruptcy, faces mounting legal pressure
The bankruptcy filing comes after a US federal judge ruled last month that Terraform Labs' LUNA and MIR tokens qualify as securities....

Bitcoin funds’ weekly trading volume shows a sevenfold growth
New low-cost ETFs draw over $4 billion, outpacing traditional, higher-cost crypto funds in the United States....

Crypto owners up 34% in 2023, reaching 580 million globally: Crypto.com
Global crypto ownership jumped 34% to 580 million in 2023, with Bitcoin and Ethereum leading the adoption....

Concentric confirms security breach, damage estimated at $1.6 million
With the exploiter now targeting vault approvals, ConcentricFi has urged its users to revoke all approvals and cease any interaction....

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