Samyuktha Sriram
Cryptocurrency Reporter at Unchained
Features Writer at Crypto News
cryptocurrency reporter @Unchained_pod | priors: @Cointelegraph @Benzinga
Articles
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Oct 27, 2024 |
unchainedcrypto.com | Samyuktha Sriram
Tether has dismissed claims in a report by the Wall Street Journal that it is being investigated by New York prosecutors over whether its stablecoin has been used by third parties involved in illegal activities such as the drug trade, terrorism, and hacking to fund those activities or launder their proceeds.
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Aug 21, 2024 |
unchainedcrypto.com | Samyuktha Sriram
Bitcoin balances on over-the-counter (OTC) desks hit a two-year high of 368,000 BTC in August, according to data from CryptoQuant, marking a 70% increase in balances over the last three months. CryptoQuant analyst “EgyHash” noted that the substantial rise could imply miners are selling their coins, seeing as they often turn to OTC desks for better execution prices. “Historically, increases in Bitcoin OTC desk balances have been associated with declines in Bitcoin prices,” said EgyHash.
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Aug 20, 2024 |
unchainedcrypto.com | Samyuktha Sriram
Three crypto investors are leading a class action lawsuit against Binance and its founder and former CEO Changpeng Zhao. In a lawsuit filed in the U.S. Western District Court of Washington, Philip Martin, Natalie Tang, and Yatin Khanna allege that Binance’s negligent practices with respect to compliance resulted in their stolen crypto being laundered on the exchange. Incidentally, none of the plaintiffs held an account with Binance, but had their crypto stolen from them on other platforms.
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Aug 20, 2024 |
unchainedcrypto.com | Samyuktha Sriram
The ill-famed pseudnoymous trader Jaredfromsubway.eth stole millions in crypto last year after deploying maximal extractable value (MEV) bots to carry out sandwich attacks. MEV sandwich attacks are a form of front-running where a bot exploits an anticipated price change by executing a “sandwich trade” around a large pending transaction, profiting from the resulting artificial price movement.
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Aug 19, 2024 |
unchainedcrypto.com | Samyuktha Sriram
The Solana memecoin frenzy may be wearing off as trading volumes have been declining week over week, according to data from Dune. “Feels like Solana memecoins might be done,” said pseudonymous crypto trader Axel Bitblaze on X. “The days of easy gains seem to be over, and even the big memes are losing steam.”Solana-based marketplace Pump.fun was the primary source of this memecoin trading activity.
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RT @laurashin: As memecoins drive much of the trading activity on one end of the crypto market, protocols with perhaps a more legitimate us…
RT @laurashin: Onchain analysts at Glassnode have identified the cohort of investors behind the duration and depth of each market pullback,…
proud sister moment 🤩
Thank you to the enormously talented @Malimanojmusic for showing me all the ways you’re using Apple products to create music—from songwriting with iPhone to developing unique beats on MacBook Pro. I loved the sneak peek of your new song in Spatial Audio! https://t.co/AOpYLeTFv6
