Following a brief period of inactivity, the legendary “Blockchain Bandit Returns with $172M Heistt” has reappeared as the year draws to a close. He has consolidated an astounding 51,000 ETH. Which is estimated to be worth around $172 million in a single multi-signature wallet. On the 30th of December, this move was completed. The Blockchain Bandit’s $45M Heist A notable Blockchain Bandit Returns with $172M Heistinvestigator. The name of ZachXBT disclosed in the most recent update that the consolidation originated from ten wallets that have been inactive for almost two years. The last action was detected in January of 2023.…
Author: Ali Raza
Ali Raza
Ali Raza is an experienced freelance content writer. His focus is primarily on aster-crypto and btccoinzone. One might even refer to him as a "blockchain enthusiast." He has been following advancements in the crypto and blockchain area for several years, researching and writing his insights in the media. In addition to being a skilled content writer, Ali Raza is also knowledgeable in SEO and digital marketing. He aspires to succeed as a content creator in the digital realm, dealing with customers in the finance and tech industries to generate traffic through engaging taglines and content. Ali Raza enjoys traveling, reading, and playing cricket when not writing. He now works as a news and article writer for Astercrypto.
The crypto business has seen massive user growth in the last year, with 70 million monthly active addresses in 2023 and over 220 million in 2024—a threefold increase. Given the inclusion of over 300 chains, the ecosystem must sustainably meet the demands of all users. However, a few Ethereum Layer 2s hold most of the action and money in this vast environment. In its present form, Ethereum is evocative of the printing press and other innovations that improved resource management in early sixteenth-century Europe. Staking, restaking, lending, and borrowing are some of the primitives available in Ethereum’s thriving DeFi ecosystem…
Under the cover of “Blockchain Bandit Strikes”, the notorious hacking organization made a spectacular return, combining 51,000 Ether into a single wallet, totalling $172.2 million. This occurred almost two years after the group had been inactive. Blockchain Bandit Moves $172M in Ether There was a transfer of funds from ten inactive wallet addresses into a multi-signature wallet designated as “0xC45…1D542” on December 30 between 8:54 and 9:18 by the United States Central Time. Each individual transaction was responsible for 5,000 ETH. The ones that occurred on January 21, 2023, were the ones that the Blockchain Bandit Strikes bandit sent 470…
In response to the growing need for a decentralized financial asset backed by a single dollar. HT Digital Assets developed USDX, the first native stablecoin to be released on the Flare Network. The Markets in Crypto-Assets Regulation (MiCA) has imposed compliance pressures on Tether USDT$0.9981. Alessio Quaglini, the co-founder and CEO of Hex Trust, recently spoke with Cointelegraph about USDX and its plans to become a foundational stablecoin for Native Stablecoin for DeFi apps. The USDX stablecoin and gas token in the Flare ecosystem is backed by short-term Treasury bills and other cash and equivalents. As per Quaglini’s statement, “HT…
Several executives in the sector informed Cointelegraph that the adoption of agentic artificial intelligence (AI$0.5667), real-world asset (RWA) tokenization, and DeFi in 2025 Bitcoin RWAs and AI Innovation staking will lead to a significant breakthrough in decentralized finance (DeFi) by 2025. With over $100 billion flowing into spot BTC exchange-traded funds (ETFs), the price of Bitcoin soared beyond $100,000 per coin in 2024. The whole Crypto sector should be reinvigorated in 2025, according to Dean Tribble, CEO of layer-1 network Agoric Systems, who spoke to Cointelegraph about Bitcoin’s BTC$92,091 all-time high. This will pique the interest of institutions and regulators.…
Due to enhanced cryptographic measures, stronger bridges, and improved protocols, the amount of money lost to security events in decentralized finance DeFi Security Improves decreased by 40% between 2023 and 2024. According to the annual “Web3 Security Report” by blockchain security firm Hacken, DeFi’s tightened security measures came simultaneously with centralized finance (CeFi) ‘s disappointing year. Because centralized exchanges were simple prey for hackers exploiting access control vulnerabilities and other serious security flaws, the number of CeFi breaches more than quadrupled, and the amount lost increased to $694 million. By contrasting DeFi’s successes with CeFi’s failures, the paper offers a…
Despite some encouraging inflows from exchange-traded funds and staking, the price of Ethereum Price Decline has fallen in the past several weeks. Price of Ethereum (eth-1.05%)With a decrease of more than 17.2% from its greatest point this month, Ethereum was trading at $3,400 on December 29. The strong fundamentals that Ethereum has been experiencing have contributed to its recent fall. Friday saw a $47.7 million increase in daily inflows, according to data from SoSoValue. Four days in a row have seen inflows into the fund, with just two days of outflows in the past quarter of a century. With a…
On December 26, the price of Ether (ETH) plummeted to $3,337, wiping out gains madeEthereum Steady Amid two days. Following a 4% drop in Bitcoin’s value (BTC$93,709), this change caused leveraged ETH longs (buyers) to liquidate their holdings, amounting to $34 million. When warning signals about the US labour market surfaced, investors were even more risk-averse. Ether Market Holds Optimism Despite Price Dip The Ether derivatives markets remained neutral to optimistic despite prices falling below $3,500 last week, indicating that $4,000 is still within reach. The fact that stablecoins in China are trading at the same rate as the official…
As Focus keyphrase Ethereum (ETH) and Solana (SOL) face downtrends and market scepticism, FXGuys (FXG) is booming, providing a fresh chance for huge profits. For seasoned investors, FXG is quickly becoming a top cryptocurrency to acquire because of its simple trading platform and distinctive staking benefits. Find out why investors are flocking to this DeFi coin instead of SOL or ETH. Additionally, Shiba Inu owners seek $50,000 in profits, while investors are eyeing the PropFi boom, which might be worth $500 on FXGuys. While FXGuys are making strides, Solana is facing opposition. Solana had significant obstacles as SOL faltered below…
The cryptocurrency market offers numerous opportunities, and occasionally, a new project emerges with the potential to transform an entire sector. Remittix RTX A Rising(RTX) is a startup that aims to revolutionize international money transfers with its low-cap PayFi token. Since its introduction, Ripple (XRP) has dominated this sector. Some analysts even suggest that this youngster may be Ripple 2.0. Crypto EA and others have predicted that XRP will rise in value, but the cryptocurrency has been falling in price recently. As a result, investors are avoiding RTX, a cryptocurrency that stood out during the presale. Due to the strong demand,…