Analysis

  • How Ordinals-inspired inscriptions caused outages and gas fee spikes across top chains

    How Ordinals-inspired inscriptions caused outages and gas fee spikes across top chains

    Over the past week, inscriptions minted on a number of blockchains have caught the attention of crypto traders and developers alike due to large transaction volumes that generated unusual amounts of gas fees. On Layer 2 (L2) chains like Arbitrum and Layer 1 chains like Avalanche and Solana, there has been a proliferation of inscriptions:

    Analysis

  • SEC v. Ripple Proceedings Welcomes Sidley Austin LLP Representative

    SEC v. Ripple Proceedings Welcomes Sidley Austin LLP Representative

    The ongoing courtroom battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) sees a new development as Judge Analisa Torres approves Andrew A. Kunsak from Sidley Austin LLP. He will now serve as an investment banker declarant, bringing in a new perspective to the legal proceedings, according to an August 16 court

    Ratings

  • Did Sam Bankman-Fried Secretly Cash Out .5M?

    Did Sam Bankman-Fried Secretly Cash Out $1.5M?

    Sam Bankman-Fried insisted he only had $100,000 left in his bank account, but he never mentioned his wallets! The crypto villain may have cashed out as much as $1.48 million. Suspicious On-Chain Activity Sam Bankman-Fried may have cashed out a significant sum from his on-chain wallets—$1.48 million, by Crypto Briefing’s calculation. As noted by DeFi

    Analysis

  • 2022 in Review: the Top 10 Crypto Moments of the Year

    2022 in Review: the Top 10 Crypto Moments of the Year

    From crypto war relief to multi-million dollar hacks and industry-shaking blowups, 2022 was another eventful year for the digital assets space.  The Crypto Moments of the Year  If you asked the average person on the street to sum up 2022 in crypto, there’s a good chance they’d tell you this was the year the technology

    Analysis

  • No, Wrapped Ethereum Isn’t In Trouble. Here’s Why

    No, Wrapped Ethereum Isn’t In Trouble. Here’s Why

    Over the weekend, fears circulated in the crypto community stemming from claims that Wrapped Ethereum tokens could be at risk of losing their 1:1 value against ETH. However, the claims are no more than elaborate jokes about recent contagion fears. Wrapped Ethereum Jokes Crypto Twitter has been indulging in jokes about the state of Wrapped

    Analysis

  • 2022 in Review: the Top Five NFT Drops of the Year

    2022 in Review: the Top Five NFT Drops of the Year

    Several NFT collections stood out from the pack against adverse conditions as the market returned to earth this year.  The Best NFT Drops of 2022  At this point, few people need reminding that NFTs had a pretty big 2021. Still, it would be impossible to talk about the state of the nascent space in 2022

    Analysis

  • Curve Whipsaws 75% as DeFi Degens Squeeze Avraham Eisenberg 

    Curve Whipsaws 75% as DeFi Degens Squeeze Avraham Eisenberg 

    CRV has experienced a 75% swing after self-described “applied game theorist” Avraham Eisenberg launched a plan to short the token that appears to have backfired.  Curve Whale Games One of crypto’s most infamous whales is waging war on Curve.  Avraham Eisenberg, the self-described “applied game theorist” responsible for last month’s $100 million Mango Markets exploit,

    Analysis

  • Who Is the FTX Hacker? On-Chain Clues Shed Light on the Situation 

    Who Is the FTX Hacker? On-Chain Clues Shed Light on the Situation 

    The address that transferred approximately $372 million from FTX likely belongs to a black hat hacker.  Who Hacked FTX? Debate is raging over who hacked FTX. The embattled crypto exchange was hacked on November 12, hours after it filed for Chapter 11 voluntary bankruptcy. According to a November 17 court filing from FTX CEO John

    Analysis