Author: Bella A

Trust Wallet users lost almost $7 million shortly after the company introduced an updated version of its Chrome plugin. Changpeng Zhao, a co-founder of Binance, the cryptocurrency exchange that owns the utility, said the stolen funds would be returned. The wallet team acknowledged the hack, which was first reported on December 25 by on-chain detective ZachXBT. Trust Wallet is asking users to update its Google Chrome extension to the most recent version following a “security incident” that resulted in a loss of nearly $7 million. The non-custodial cryptocurrency wallet service reported an issue with version 2.68. The extension has approximately…

The crypto derivatives market saw around $86 trillion in total volume in 2025, in a year that saw institutional adoption and unprecedented stress testing. Derivatives CoinGlass research shows that derivatives have a daily average transaction volume of nearly $265 billion, being the largest sector for price discovery. The research stated that 2025 is the year of DATs (Depth of Activated Transactions). DAT businesses’ Bitcoin holdings climbed from 600,000 BTC at the start of the year to 1.05 million BTC by November, accounting for nearly 5% of the total Bitcoin supply. The overall trading volume in the crypto derivatives market reached around $85.7…

Polymarket has just disclosed that a security issue affected certain user accounts. It suggests that a weakness in a third-party authentication provider enabled unauthorised access and caused losses for multiple victims. The site claims it has resolved the issue and that there is no longer any persistent risk. Polymarket refused to deny that a security vulnerability on its platform had affected some of its users. One of these individuals reported the hack on Reddit, claiming that there were three attempts to enter their Polymarket account. “Today I woke up and saw three attempts to log in to polymarket — My…

Introduction The world of cryptocurrencies might be confusing, especially with over 2,000 exchanges available today. For novices, the choices can be daunting. Each exchange has its unique set of features, trading pairings, and fee structures, so take the time to weigh your options before jumping in. Security, user experience, liquidity, and the range of assets available are critical components in developing a secure and efficient trading environment. With security breaches and regulatory difficulties occurring on a regular basis, determining an exchange’s reliability is critical. It’s not only about safety; having a varied selection of trading alternatives, an easy-to-use interface, and…

The price of Ethereum has seen strong selling pressure over the last week, reflecting the current state of the crypto industry. According to the most recent data, spot US-based Ethereum ETFs (exchange-traded funds) performed no better, with significant cash flowing out of the market in the last week. In a QuickTake post on the CryptoQuant platform, market analyst CryptoOnchain reported a massive migration of institutional capital from the Ethereum market. More specifically, the analyst said that over $600 million in capital has flowed out of the US-based spot Ethereum ETFs in the last week. The ETH ETF Net Flow metric…

Coinbase (COIN), a U.S.-listed cryptocurrency exchange, is introducing stock trading and prediction markets, among other new products and assets, in an effort to cement the platform’s position as the “Everything Exchange,” the company announced during its System Update stream on Wednesday. Coinbase said that it is drastically increasing the assets accessible for trading on its platform, including innovative cryptocurrencies, perpetual futures, equities, and prediction markets, beginning with Kalshi and adding more integrations later. The digital asset exchange announced Wednesday that it will launch a slew of new products aimed at transforming Coinbase into a one-stop financial app, including expansion into…

Metamask, the popular Ethereum and DeFi wallet, has announced support for Bitcoin as it expands to multiple chains beyond Ethereum. The wallet has 143 million downloads and more than 30 million monthly active users, making it one of the most popular cryptocurrency wallets in the world. Metamask Now Lets Users Send And Receive Bitcoin Directly In-Wallet Users can now conduct Bitcoin transactions without relying on wrapped copies of the asset. When users update to the current version, the wallet automatically generates Bitcoin addresses. MetaMask now supports native SegWit addresses; Taproot support is planned for a future release. According to the…

Over $584 million in cryptocurrency positions were liquidated, with long positions being the most affected due to weak liquidity and fragile risk sentiment. Bitcoin and ether dominated the liquidations, with Binance, Bybit, and Hyperliquid accounting for approximately three-quarters of the total. The event demonstrates the market’s susceptibility to leverage, with volatility projected to stay elevated until spot demand increases. Bitcoin and key altcoins declined during U.S. trading hours, as macroeconomic uncertainty weighed on risk assets. Many crypto-related stocks, including leaders Coinbase and Strategy, had steeper declines than cryptocurrency itself. Bitcoin has fallen more than 3% over the past 24 hours,…

The number of active addresses on the Ethereum (ETH) network has reached its lowest point in 7 months. CryptoOnchain, a contributor to CryptoQuant, stated on the 14th December via CryptoQuant that “the active address count (of the Ethereum network) recently fell to as low as 327,000,” which was “the lowest since May 2025.” CryptoOnchain stated: “This is a sharp decline compared to the peak of about 483,000 reached last August.” Since its peak in August, the Active Addresses measure has steadily decreased from over 483,000 to 327,000, the lowest level since May of this year. This more than 32% drop…

Cardana has been declining this week. This suggests momentum in Cardano may be weakening. There are still downward pressures on the price after many weeks of decline, and some retail investors have started to unwind their positions. Major ADA holders (Whales) are accumulating positions, while small wallets are losing theirs. This divergence between major investors and retail activity is pretty typical toward the end of a bearish trend. That is a common pattern at the end of a bear market: Cardano’s Whale’s investors silently accumulate ADA while little wallets sell. Price stays sluggish at $0.40, while sellers seem to be…