Reports | ForkLog

ForkLog 18 02.10.2024

Crypto Projects Suffer $120 Million Loss from September Hacks

In September, over 20 hacker attacks resulted in losses of approximately $120.23 million for the crypto industry, according to data from PeckShield. #PeckShieldAlert September 2024 saw 20+ hacks in the crypto space, leading to ~$120.23 million in losses. (Note: The $32.4 million worth of $spWETH drained in a Permit signature #phishing is not included)#Top 10 […]

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ForkLog 8 27.09.2024

Crypto Industry Faces $413 Million Loss from Hacks and Scams in Q3

Between July and September, cryptocurrency companies experienced 34 incidents of hacks and scams, resulting in losses exceeding $413 million, according to a report by Immunefi. Losses since January have risen to $1.34 billion, which is 3.9% lower than the same period last year. Compared to the previous quarter, the figure for July-September decreased by 28%, […]

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ForkLog 41 19.09.2024

Tether Responds to Comparisons with FTX and Alameda Research

350 million users engage in transactions with USDT, and its issuer collaborates with 180 institutions across 45 jurisdictions. Such information was presented by Tether Limited. The company described the stablecoin it manages as a “cornerstone in modern financial ecosystems.” According to the issuer, Tether is committed to consumer protection and regulatory compliance. This is reflected […]

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ForkLog 34 19.09.2024

BlackRock Identifies Bitcoin as a Unique Hedge Against Global Risks

The world’s largest asset manager, BlackRock, has released a report describing the first cryptocurrency as a “unique diversifier.” The document emphasizes the historical price dynamics and the challenges of forecasting it. Experts believe that investors find it much harder to analyze cryptocurrencies compared to traditional assets. Bitcoin price dynamics since 2010 (total investment return over […]

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ForkLog 21 14.09.2024

DappRadar Reports Record Activity in Blockchain Gaming Sector

In August, the number of unique wallets interacting daily with blockchain gaming applications reached a record 4.2 million, according to a report by DappRadar experts. The segment accounted for 24% of the total dapps market, which saw 17 million daily users. Leading the way with a 29% share were AI-oriented applications like DIN and Alaya […]

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ForkLog 19 10.09.2024

SEC’s Crypto Startup Penalties Reach Record $4.7 Billion

The amount collected by the SEC from enforcement actions related to digital assets in the 2024 fiscal year surged by 3018%, reaching a record $4.7 billion. These calculations were provided by Social Capital Markets. This was primarily driven by the settlement with Terraform Labs and its former CEO Do Kwon for $4.47 billion. In the […]

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ForkLog 14 07.09.2024

US Firms Poised to Invest $10.3 Trillion in Bitcoin Over 18 Months, Says River

Over the next 18 months, approximately 10% of American companies are expected to convert 1.5% of their reserves (around $10.35 trillion) into the leading cryptocurrency, according to a report by River. See our full report with a 1-page executive summary for all the key insights https://t.co/6TxmdsOLAw — River (@River) September 4, 2024 Analysts anticipate that […]

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ForkLog 57 04.09.2024

Experts Declare 96% of NFTs ‘Dead’

Experts from NFT Evening, after analyzing 5,000 collections and 5 million non-fungible token transactions, have concluded that 96% of them are dead. This category includes NFTs with zero sales volumes, low sales over a week, and no project activity on X. According to these criteria, the trend of collectible asset demise peaked in 2023, exceeding […]

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ForkLog 20 03.09.2024

BNB Chain Developers Report Ecosystem Growth

The number of daily active users on BNB Smart Chain (BSC) has reached 1.2 million, while opBNB boasts 2.7 million. This was revealed in a press release presented to ForkLog in celebration of BNB Chain’s fourth anniversary. Number of active addresses on the BNB Smart Chain network. Data: BNB Chain. The total number of unique […]

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ForkLog 10 02.09.2024

The Rise of Emotional AI: A Future Trend?

The concept of ’emotional AI,’ capable of understanding human emotions, may emerge as the next trend in neural networks, according to a report by research firm PitchBook. Experts note that as companies deploy AI assistants for executives and employees, and employ chatbots in sales and customer support roles, artificial intelligence must discern between an angry […]

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ForkLog 11 01.09.2024

August Hacks Exceed $313 Million, Reports PeckShield

Hackers pilfered digital assets worth $313.86 million in over 10 attacks during August, according to a report by PeckShield. #PeckShieldAlert August 2024 witnessed 10+ hacks in the crypto space, resulting in ~$313.86 million in losses. The 2 largest hacks, both involving unauthorized transfers (#Phishing), accounted for 93.5% of the total stolen funds, amounting to $293.4 […]

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ForkLog 27 01.09.2024

Chainalysis: Shift from Ponzi Schemes to ‘Pig Butchering’ in Crypto Crime

Cryptocurrency criminals have shifted their focus from complex Ponzi schemes to more targeted scams, such as ‘pig butchering’. This is according to a report by Chainalysis, as reported by The Block. ‘Pig butchering’ involves luring victims into purchasing supposedly promising digital assets. The perpetrator gains trust through social engineering and then steals the investor’s funds. […]

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