A mysterious, large-scale Bitcoin transfer, first flagged by on-chain analyst ZachXBT, is reportedly behind the price of Monero (XMR) skyrocketing. The transfer of 3,520 Bitcoin was valued at an estimated $330.7 million. The thieves turned the stolen Bitcoin into Monero. This action made Monero’s price jump up by 50% in...
Consider, for example, Siti, a single mother in Jakarta, trying to send her earnings across the archipelago to support her family back in her home village. Excessive costs, complex forms and the hand of big brother do not allow her the fruits of her labor to touch her wallet. This...
Did some digital Robin Hood just redistribute wealth, or did a criminal mastermind manipulate the market, leaving Southeast Asian investors holding the bag? The recent $330 million Bitcoin heist, laundered through Monero (XMR), raises serious questions about crypto security, market manipulation, and the untapped potential of Southeast Asia in the...
Alright crypto cowboys and cowgirls, time to get down to brass tacks. Just a few months ago we witnessed the huge $330 million Bitcoin heist, remember? And then, boom, Monero's price explodes. Coincidence? I think not. This isn’t merely a recent price spike. A regulatory confrontation is emerging between the...
The cryptocurrency scene was just recently turned upside down by a shocking $330.7 million Bitcoin hack. What followed was even more intriguing: a massive surge in the price of Monero (XMR), a privacy-focused cryptocurrency. BlockchainShock goes deep on the story behind the hacker’s strange choice to launder stolen Bitcoin through...
A very peculiar transaction of more than 3,520 BTC – $330.7 million at current rates – was moved. This shift into the much more privacy-oriented coin Monero (XMR) has inspired some speculation that the hacker may be using derivatives to increase their profits. The conversion is probably due to a...
The recent $330 million Bitcoin hack and the subsequent movement of those funds into Monero (XMR) hasn't just exposed a vulnerability in a specific exchange. It's pulled back the curtain on the fragile underbelly of the Monero derivatives market. As a long time blockchain researcher, I have been on the...
The cryptocurrency market is constantly evolving. Investors are eternally searching for the next hot space. BlockchainShock is just the place to get thoughtful market sentiment analysis, deep-dive technical breakdowns, and field-level expert coverage. In this article, we will look at three cryptocurrencies – Qubetics, Litecoin, and Monero. It predicts how...
Let's be brutally honest: the crypto space is a minefield. What’s it like to be a marketer? You’re definitely being inundated with hype, huge handlebars, rocketship ROI, and the next shiny object. Today, we’re going beyond the hype and making an honest assessment of Qubetics, Litecoin, and Monero. This isn't...
In response to the rapidly-changing digital landscape, the cryptocurrency privacy debate has continued to evolve. Monero, a privacy-first cryptocurrency, has been leading this charge for more than 10 years. This article takes a look at Monero’s road so far. It highlights its technological innovations surrounding privacy, looks at the growing...
The United States Senate recently convened a hearing on the growing universe of cryptocurrency. In doing so, they highlighted the desperate need for regulation in this emerging frontier. Here are some of the most important highlights that emerged through the conversations. They each noted the challenges, opportunities, and possible future...
The market of cryptocurrency day trading is a whirlwind, chaotic and always on the move. Quick reflexes, and even quicker algorithms. Thanks to new, advanced AI tools such as ChatGPT and Grok, traders are experiencing the most powerful insight and automation they’ve ever seen. Kwame Nkosi, a blockchain commentator, balances...
Let’s face it, the crypto community can’t resist an exciting hype train. Right now, the AI-powered trading locomotive is barreling down the tracks, with Grok and ChatGPT as its star conductors. Well before you decide to mortgage your home and give Uber all your assets, let’s slow down a moment...
You know, sometimes I feel like I'm watching a rerun of an old movie, only this time, it's playing out in the halls of Congress. The Senate Banking Committee’s recent hearing on the need for comprehensive crypto regulation. It was a bit like a Broadway show. Rather than earnestly seeking...
The recent Senate Banking Committee hearing on regulating the crypto space? If I’m being truthful, it was more like seeing a train wreck go down in slow motion. While senators debated the nuances of defining a digital asset – is it a security, a commodity, or something else entirely? –...
Forget about Wall Street, the exciting disruptor in crypto day trading is cooking up in the crowded streets of Southeast Asia. I'm not talking about hedge fund managers with Bloomberg terminals; I'm talking about the everyday person – the small business owner in Jakarta, the student in Kuala Lumpur, the...
The Senate Banking Committee met recently to discuss the rapidly growing, but highly confusing, world of crypto regulation. This upcoming meeting could not be more important at this moment in history. American consumers are losing billions to crypto scams as well, and the U.S. is lagging other countries in establishing...
You think you know stablecoins. Tether, USDC – the usual suspects. Big market caps, widespread adoption. Comforting, right? Wrong. As all eyes are on these titans, a more quiet revolution is in the making. Looking forward to seeing you there! This lack of attention is robbing you of big future...