The Block
Quick Take Some 324,000 users fell victim to crypto phishing scams in 2023, with losses totaling nearly $300 million. Inferno Drainer was reportedly used to steal the most funds, draining $81 million from 134,000 victims.
Quick Take Etherscan plans to integrate useful features across both Etherscan and Solscan.
Quick Take Radiant has halted lending and borrowing markets on Arbitrum, saying funds are not at risk.
Klaytn said the platform, launched alongside an accompanying cryptocurrency, provides what it claims to be the first tokenized gold available on DeFi outside of the Ethereum ecosystem.
Quick Take Saylor said in November that he plans to sell some shares to address personal obligations and buy additional bitcoin personally. MicroStrategy continues to be the largest holder of Bitcoin among publicly traded firms.
The Block Pro Research team makes predictions about what will happen in 20242023 predictions can be read hereDisclaimer: The projects mentioned in our reports are not recommendations from our team and should not be misconstrued as investment advice. Many projects that appear in this outlook are highly experimental and, as such, will come with risks. Readers should evaluate their own risk tolerance before experimenting with these projects
Quick Take The SEC will approve a spot bitcoin ETF by the Jan. 10 deadline as a “political necessity,” according to TD Cowen. The U.S. regulator will need to establish itself as a crypto regulator before Congress looks into broader crypto legislation, TD Cowen said.
Quick Take Monthly cryptocurrency exchange trading volume hit $1.1 trillion in December 2022. Crypto exchange trading volume hadn’t exceeded $1 trillion on a monthly basis since September 2022. December’s rise in volume was likely spurred by the anticipation of spot bitcoin ETFs gaining approval, according to The Block’s research director.
CNBC TV personality Jim Cramer thinks bitcoin is here to stay amid its price surge above $45,000.
Bitcoin spot ETF approvals becoming a sell-the-news event is the most likely scenario this month, according to K33 Research analyst Vetle Lunde.Lunde suggests a 75% likelihood of this outcome versus 20% for approval inflows propelling prices higher and a 5% probability that the filings are denied.
