Reports | ForkLog

ForkLog 20 29.01.2024

PeckShield Reports $2.61 Billion Loss in Crypto Industry Due to Hacks and Scams

The cryptocurrency industry suffered losses amounting to $2.61 billion in 2023 due to hacking incidents and fraudulent activities, according to a report by PeckShield. #PeckShieldAlert 2023 saw 600+ major hacks in the crypto space, resulting in ~$2.61B in losses, with $674.9M recovered. $1.51B lost to hacks (excluding #Multichain unauthorized withdrawals) & $1.1B to scams. This […]

AI translated

ForkLog 12 25.01.2024

SEC’s Legal Actions Against Crypto Firms Surge by 50%

In 2023, the number of enforcement actions by the SEC against cryptocurrency companies rose to a record 46. SEC enforcement actions against crypto projects. Source: SEC. In comparison, during the previous reporting period, the Commission filed only 30 lawsuits, nearly 50% less. “Compared to 2022, the number of court cases increased slightly, while the number […]

AI translated

ForkLog 11 25.01.2024

Tesla Maintains Bitcoin Holdings Unchanged in 2023

Throughout 2023, Tesla neither bought nor sold any bitcoins, maintaining its cryptocurrency position at a balance sheet value of $184 million, according to its financial report. The electric car manufacturer’s revenue for the period amounted to $97.8 billion, marking a 15% increase over 2022. However, profits fell by 15% to $17.7 billion. Tesla’s shares dropped […]

AI translated

ForkLog 8 24.01.2024

CoinShares Analysts Predict Bitcoin Surge to $58,700

Approval of a spot Bitcoin ETF and the anticipated easing of the Fed’s monetary policy in the first half of 2024 will drive the price of digital gold to approximately $58,700, according to CoinShares analysts in their annual report. The experts presented a matrix showing the correlation between inflows as a percentage of AUM for […]

AI translated

ForkLog 19 22.01.2024

Report: BNB Chain’s Losses from Hacks Decrease by 85%

Financial losses in the BNB Chain blockchain due to security breaches have decreased from $1.11 billion in 2022 to $161 million in the previous year, marking an 85% reduction. This is according to a report by AvengerDAO. Losses in the BNB Chain from hacks and scams. Data: AvengerDAO. Over the past 12 months, there were […]

AI translated

ForkLog 35 19.01.2024

Chainalysis Reports Decline in Illicit Crypto Revenues for 2023

In 2023, the volume of illegal revenues from crypto scams and hacks decreased by 29.2% and 54.3%, respectively, according to a report by Chainalysis. For the first year since 2020, illicit transaction volume fell, from $39.6B in 2022 to $24.2B. As always, these figures are estimates based on illicit addresses we’ve identified as of now. […]

AI translated

ForkLog 34 15.01.2024

Binance Declares 2023 a ‘Favourable’ Year for Bitcoin Industry

With a 109% increase in total market capitalization, 2023 marked a “largely favourable turnaround” for the crypto industry, according to a Binance report. #Binance Research is delighted to announce the release of our comprehensive industry year-in-review report. We uncover the top crypto industry dynamics of 2023 and discuss key trends as we head further into […]

AI translated

ForkLog 9 15.01.2024

Nearly One-Third of Blockchain Games Shut Down in 2023

Out of a total of 1,322 blockchain games tracked by John Jordan’s Big Blockchain Games List, 407 ceased to exist in 2023—approximately 31%. Blockchain games closed over the year by network. Data: Big Blockchain Games List. The majority of games were closed in the first half of the year—248. The overwhelming majority of applications (112 […]

AI translated

ForkLog 16 15.01.2024

CoinShares Evaluates Bitcoin Miners’ Prospects Post-Halving

According to CoinShares, only public miners such as Bitfarms, Iris, CleanSpark, TeraWulf, and Cormint will remain profitable after the halving if Bitcoin’s price does not exceed $40,000. Want to understand the impact of the halving on Bitcoin Miners revenues and how bitcoin mining can reduce global CO2 emissions? Please do read our 2024 mining reporthttps://t.co/0gJBTMB4yq […]

AI translated

ForkLog 7 29.12.2023

Binance reports 30% jump in user base

The cryptocurrency exchange Binance released its 2023 year-end report, which showed the platform’s user base rising 30% to 170 million.

AI translated

ForkLog 12 29.12.2023

Immunefi: Crypto industry’s losses from hacks reach $1.8 billion in 2023

The cryptocurrency industry lost $1.8 billion in 2023 due to hacking and fraud, according to Immunefi.

AI translated

ForkLog 15 26.12.2023

GameFi token capitalization plunges 86%.

The combined market capitalization of 183 gaming tokens in 2023 fluctuated between $4 billion and $7 billion, 86% below the historical peak. Delphi Digital researchers noted this in a report.

AI translated

#Reports