The world of cryptocurrency, with its promise of decentralized finance and borderless transactions, has unfortunately attracted a darker element: cross-chain crypto crime. To Eleanor Brooks, a veteran blockchain researcher, that’s a significant increase in trafficking operations taking advantage of all blockchains’ interoperability. Recent reports indicate a staggering $21.8 billion has...
A new report from blockchain analytics firm Elliptic shows that cross-chain crypto crime surged to an astounding $21.8 billion. This increase has been primarily driven by the increased use of decentralized exchanges (DEXs), cross-chain bridges, and swap services to launder illicit funds. Transnational criminals operating out of Russia, Iran, and...
The video gaming industry has skyrocketed in the last few years, with worldwide revenue topping a jaw-dropping $347 billion in 2022. This growth isn't just about better graphics or more immersive storylines; it's fueled by groundbreaking technologies like cryptocurrency and blockchain. Kwame Nkosi is a policy analyst with an eye...
The cryptocurrency market, now consisting of thousands of different digital coins, has expanded exponentially since the advent of Bitcoin in 2009. Each cryptocurrency is designed with specific purposes. From Bitcoin, which is used as digital gold and for payments, to Tether, a stablecoin pegged to the USD for stability, and...
The crypto market is an ever-changing battlefield, where the tides change with bullish / bearish investor sentiment, unexpected technological innovations, and macroeconomic conditions. Bitcoin is in what we call a “greed phase.” At the same time, Ethereum is making very bullish moves, which could set the stage for an altseason....
XRP has been one of the most talks about cryptocurrency lately, and multiple catalysts indicating XRP could lead the next price surge have surfaced. Kwame Nkosi unpacks the technical indicators and whale accumulation driving this bullish outlook. In addition, he cautions against ignoring future dangers in this new terrain.Technical Indicators...
Kwame Nkosi of BlockchainShock shares how Michigan is becoming a national leader in cryptocurrency mining. This expansion has led to an important dialogue on the economic gains versus environmental impacts associated with the booming business. With several large-scale crypto mines already operating in the state, it's crucial to analyze the...
The excitement around stablecoins is at a frothy hype cycle high, propelled by huge funding rounds and estimates of billions in projected growth. All told, legitimate excitement surrounds these digital currencies and their capabilities to transform the payments landscape. Or will they continue to be a mostly niche asset even...
Lawmakers are aiming to repeat that vision with stablecoins. Here’s why this booming space in the rapidly evolving crypto marketplace is making them re-evaluate existing regulatory strategies. Stablecoins keep their value stable by connecting to known assets such as the U.S. dollar. Traders today consider them indispensable tools to trade...
Michigan, meanwhile, is in the midst of an explosive cryptocurrency mining operation rush. This unprecedented growth has ignited spirited debates around regulation and the future of digital currency in the state. As cryptocurrency gains traction, with Bitcoin's value soaring and government entities exploring investments, the emergence of crypto mines in...