UwU Lend faces second hack during $20M reimbursement process

The UwU exploiter strikes again and steals $3.5 million from the lend protocol as it begins reimbursing hack victims.

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Unveiling Mr. 100 The Mystery Bitcoin Wallet Linked to Upbits Cold Storage

In the last two months, the crypto community has been buzzing about a wallet affectionately named ‘Mr. 100.’ This moniker originates from its pattern of receiving 100 bitcoin deposits every few days, leading to speculation that it might belong to a wealthy individual from the Middle East. However, onchain analysts from Arkham Intelligence suspect that [...]

The post Unveiling Mr. 100 The Mystery Bitcoin Wallet Linked to Upbits Cold Storage appeared first on Crypto Breaking News.

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Onchain metric suggests market similarities between now and June’s Terra collapse

In June 2022, following the Terra collapse, the demand for puts rose while implied volatility collapsed, the same as in the recent crypto bear market after the fall of FTX.  The performance of the options market and implied volatility both reflected a strong correlation to the collapse of the Terra blockchain.

The post Onchain metric suggests market similarities between now and June’s Terra collapse appeared first on CryptoSlate.

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Bitcoin flashes another bottom signal as aSOPR hits lowest since 2018

The  Adjusted Spent Output Profit Ratio (aSOPR), a metric that indicates whether holders are selling at a profit or loss, recorded a downward trajectory below the 1-level, which suggests investors are selling their positions at massive losses.  According to CryptoSlate analysis, the aSOPR provided by Glassnode usually signals the transition to a bull market when […]

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Over 8% Bitcoin supply was bought between $15.5K and $17K

The UTXO Realized Price Distribution (URPD), a metric for indicating the percentage of BTC supply across a specified market price, indicated 8% of the Bitcoin supply was bought between $15,500 and $17,000, according to data analyzed by CryptoSlate.

The post Over 8% Bitcoin supply was bought between $15.5K and $17K appeared first on CryptoSlate.

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Bitcoin’s Ordinal Inscriptions Surpass 500,000 Mark as Miners Earn $2.66 Million in Added Fees

According to statistics, there are now more than 500,000 Ordinal inscriptions on the Bitcoin blockchain as the trend continues to gain significant traction. Onchain data also shows that since inscriptions started gaining popularity last month, Bitcoin miners have obtained 98 bitcoins worth $2.66 million in added fees. The Rise of Ordinal Inscriptions on Bitcoin Blockchain [...]

The post Bitcoin’s Ordinal Inscriptions Surpass 500,000 Mark as Miners Earn $2.66 Million in Added Fees appeared first on Crypto Breaking News.

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