๐ Crypto Reports (May 1, 2024):
1๏ธโฃ BitMEX: Mining has reached a concerning level of centralization, with a single entity controlling the coins mined by nine major pools, effectively overseeing about 47% of the network's hash rate. โ๏ธ
2๏ธโฃ CertiK: April 2024 witnessed cybersecurity-related incidents causing damages worth $25.7 million, marking a significant decline since 2021, as stated by experts. ๐ฐ
3๏ธโฃ CoinGecko: Analysts at #CoinGecko have unveiled a report detailing the trading volume of digital assets within the decentralized exchange (DEX) sector for March 2024. ๐
4๏ธโฃ CoinGlass: In the past 24 hours, positions of 115,936 traders totaling $363.2 million were liquidated, with approximately $312.6 million attributed to long positions and nearly $51 million to short positions. ๐น
5๏ธโฃ SoSo Value: April 30, 2024, saw a capital outflow of $161.59 million from the spot bitcoin #ETF sector, with only nine trading days falling within the "green" zone throughout the month. ๐
๐ฉ If you found this information valuable, intriguing, or insightful, consider subscribing for further updates!