Grosscrypto News

Crypto hackers steal $169M from 34 DeFi protocols in Q1: DefiLlama

Crypto hackers steal $169M from 34 DeFi protocols in Q1: DefiLlama - Latest Cryptocurrency News

January saw the largest attack against a DeFi protocol of the quarter, the $40 million private key compromise of portfolio management platform Step Finance.

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Bitcoin supply in profit heads to ‘true bear market’ levels

Bitcoin supply in profit heads to ‘true bear market’ levels - Latest Cryptocurrency News

CryptoQuant data shows there are 8.2 million Bitcoin currently at a loss, which is still under the amount of Bitcoin at a loss during the 2022 bear market.

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Tokenization makes finance more efficient but introduces risks: IMF

Tokenization makes finance more efficient but introduces risks: IMF - Latest Cryptocurrency News

The IMF said tokenization could improve cross-border payments and financial inclusion in emerging economies but cited concerns over volatility and the “erosion of monetary sovereignty.”

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Stablecoins flip automated clearing house volume in February

Stablecoins flip automated clearing house volume in February - Latest Cryptocurrency News

Stablecoin monthly transaction volume hit $7.2 trillion in February, surpassing the $6.8 trillion processed by the Automated Clearing House network.

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Circle to launch cirBTC wrapped Bitcoin, challenging BitGo and Coinbase

Circle to launch cirBTC wrapped Bitcoin, challenging BitGo and Coinbase - Latest Cryptocurrency News

Circle, known for issuing stablecoins including USDC and EURC, is expanding into the Bitcoin space, targeting institutional users.

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Bitcoin miner Riot sold 3,778 BTC during Q1 amid broader market pressure

Bitcoin miner Riot sold 3,778 BTC during Q1 amid broader market pressure - Latest Cryptocurrency News

Arkham also flagged a 500 Bitcoin outflow from Riot on Thursday, while MARA Holdings, Genius Group and Nakamoto Holdings sold a combined 15,501 Bitcoin in the last week.

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