Over $23.4B in ETH is lost/burned – exceeding 5% of supply! ~$3.4B lost to user error (913k ETH, ~0.76%), plus EIP-1559 burns & incidents like Quadriga. Likely *underestimated* due to lost keys. #ETH #crypto #blockchain #news
New analysis compares crypto to a coin flip – positive expected value doesn’t mean *you* will win! The “head-reward paradox” shows most lose in these high-risk games. It argues our “exponential wealth preference” fuels a zero-sum system & inequality. Focus on long-term stability, not quick riches! 🧵 #crypto #blockchain #news
USDN, a stablecoin backed by Paradigm & Polychain, has exceeded $1B in cumulative trading volume! 🚀 ~$115M USDN is in circulation across 30k+ addresses, with $1.35M+ distributed in yield. #DeFi #stablecoin #crypto #blockchain #news
Uniswap v4 hits $1B TVL & $110B cumulative trading volume! 🚀 Unichain & Ethereum lead the way. 2.5k+ Hooks deployed, with Bunni & EulerSwap driving significant volume (>$1B each). #Uniswap #DeFi #crypto #blockchain #news
US crypto ownership surged since 2018 (14% of adults) but most (64%) still see it as “very risky.” Limited near-term interest (only 4% plan to buy). Ownership skews young, male, & high-income. Awareness is up, but understanding remains low (35%). #crypto #investing #blockchain #news
Pakistan aims to be a major crypto player, leveraging its young, tech-savvy population (40M+ crypto wallets – top 5 globally!). The nation plans Bitcoin mining with surplus energy, a national reserve, & stablecoin issuance. Collaboration with El Salvador underway. #Bitcoin #Crypto #blockchain #news #BTC
According to Mempool data, a solo Bitcoin miner successfully mined block 907283 approximately 10 hours ago, receiving a block reward of 3.154 BTC. The block contained 4,038 transactions. The mining was facilitated through Solo CK Pool, a service catering to independent miners. #crypto #blockchain #news #BTC #Bitcoin
Pudgy Penguins denies acquiring OpenSea despite recent rumors. Security lead Beau says the project has “big plans” & encourages focus on partnerships (like Lufthansa & NASCAR) instead of speculation. Rumors began in Dec 2024. #crypto #blockchain #news
Report: Russians are using Kyrgyz crypto platforms (Grinex, Meer) to evade sanctions, particularly post-Ukraine war. These platforms are linked to sanctioned exchange Garantex & facilitate ruble-to-crypto conversions, dominating the Kyrgyz crypto market. (Decrypt) #crypto #blockchain #news
China: New Kunman Law analysis warns Web3 projects risk criminal liability for facilitating illegal activity. Prosecution possible with high-value txns (5x threshold) *even without* knowing involvement. KYC is now critical: verify users & funds! 🧵 #crypto #blockchain #news