Ongoing sanctions to blame for an uptick in crypto crime last year With U.S. cryptocurrency sanctions on the rise, there is relative growth in crime as individuals and entities skirt regulations and continue to use sanctioned technology.
DeFi hacking is on the rise An overview of oracle and cross-chain bridge attacks. Hacking is up In 2022, cryptocurrency saw a whopping $20.6 billion dollars worth of crime. This comes during one of the most troublesome years in the cryptocurrency world. Amid the ongoing bear market, new sanctions, and the collapse of FTX, on-chain
Is Bitcoin bad for the environment? The reality behind blockchain energy use and cryptocurrencies’ environmental impact. Bitcoin is on the hook again for its nocuous effect on our planet and this time the novel Ordinals Protocol is to blame. In our last Insight, we covered how the Ordinals Protocol is changing the culture of Bitcoin, but
Ordinals: What are they and why should you care? Ordinals are more than a Bitcoin NFT, they are a fundamental bitcoin culture shift. 1. What is Bitcoin Ordinals? Ordinals is a new open-source Bitcoin protocol created by software engineer Casey Rodarmor on GitHub. The protocol, launched January 23, 2023, allows users to inscribe digital artifacts on the Bitcoin network
The dollar milkshake theory pt. III We end our three part series by exploring cryptocurrency’s role in the sovereign debt crisis Review In part I and II of our series, we explored the qualities of our global economic system that make it susceptible to the dollar milkshake theory. The deep reliance on the U.S.
10 crypto firms that secured major funding in 2022 Countless crypto companies have felt the deep freeze of crypto winter, but these 10 firms secured massive funding from investors in 2022. The year 2021 was a record-breaking year for crypto venture funding. Beginning in 2020, crypto skyrocketed in popularity driven by both retail and institutional investors and market sentiment
The dollar milkshake theory pt. II In part I of our dollar milkshake series, we began with a brief history of fiat currency and outlined the role of the U.S. dollar in global economics systems. In part II, we delve deeper into the theory and apply it to today’s economic environment. The U.S.