Crypto Chronicles:Another Normal Day

By The Neath | The Darkside Of Crypto | 12 May 2025


1-Roughly half of the cryptocurrency that was taken has not been used

Although hackers are speedy, the systems that are hunting them are still trying to catch up to them. In many instances, stolen monies end themselves at laundering destinations before the breach is even made public, according to a recent analysis that was published by Global Ledger, a blockchain intelligence company. The report was based on hundreds of occurrences that occurred on the blockchain.

 

According to the study that was shared with crypto.news, it takes an average of 43.83 hours from the time of the initial on-chain breach until the issue is reported by either the victim project or a third-party investigation. Hackers, on the other hand, have a tendency to transfer stolen cash to the first institution that is discovered, which might be an exchange, a crypto mixer, or a decentralized finance protocol, within 46.74 hours.

 

 

The biggest delay, on the other hand, is the window of time between the public disclosure and the engagement of the attacker with a laundering service, which averages 78.55 hours. This indicates that funds are frequently already in motion well before a breach becomes generally known.

2-For the fourth week in a row, digital asset funds received $882 million

Over the course of the preceding week, digital asset investment products achieved a total of $882 million in global inflows. As a result of this injection of capital gains, the digital asset market has experienced inflows for the fourth week in a row, bringing the total amount of inflows for the year to date to $6.7 billion.

 

Last week, the iShares exchange-traded funds (ETFs) offered by BlackRock generated the greatest proportion of inflows, totaling $1.02 billion. However, this substantial amount was counterbalanced by outflows from Grayscale, Bitwise, CoinShares XBT, and other products, which totaled approximately $257 million in outflows. These outflows were able to offset the big amount.

 

 

According to James Butterfill, the head of research for the company, the rise in both prices and inflows may be related to a number of different reasons in the market. Some of these factors include an increase in the money supply available in the M2 market and the danger of inflation remaining static in the United States.

 

As a positive development, Butterfill pointed out that an increasing number of states in the United States have begun to approve measures that feature Bitcoin as a strategic reserve asset. This has paved the way for a wider adoption of cryptocurrencies in the market.

3-Plan adds $1.34 billion to Bitcoin assets, bringing total to nearly $60 billion

The purchase boosts the total amount of Bitcoin that the company possesses to 568,840, which is equivalent to more than $59 billion at the current pricing.

 

The acquisition was disclosed on X by Executive Chairman Michael Saylor, who stated that the coins were purchased at an average price of $99,856 per Bitcoin.

 

 

Bitcoin is currently held by the corporation at an average cost base of $69,287, and the company has a year-to-date yield of 15.5% in the year 2025.

 

Between May 5 and May 11, a total of 1.34 billion dollars was raised through the selling of 3.22 million shares of common stock and 273,987 shares of its Series STRK preferred stock. This was done in order to finance the transaction.

 

 

According to the documents, the company still has more than forty billion dollars' worth of stock that is permitted for future issue across both classes.

4-The Bank of Korea requests control over the issuance of stablecoins based on won

BusinessKorea has discovered that the Bank of Korea, which is South Korea's central bank, has stated that monetary authorities must be involved from the beginning so that the country can approve the creation of stablecoins that are pegged to the Korean won. This information was obtained from a top official at the Bank of Korea.

 

The official stated in a statement that if won-based stablecoins were used as legal tender, it would be necessary for the BOK to be involved in the approval process because it would make the operations of monetary policy more complicated. They went on to say that, similar to the situation in the United States, the Federal Reserve likewise possesses "some authority in applicable legislation."

References

https://crypto.news/nearly-half-of-stolen-crypto-remains-unspent-data-shows/

https://crypto.news/coinshares-digital-asset-funds-saw-fourth-week-of-inflows-with-882m/

https://crypto.news/bank-of-korea-urges-authority-over-won-based-stablecoin-issuance-report/

https://crypto.news/strategy-buys-1-34b-more-bitcoin-total-holdings-near-60b/

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The Neath
The Neath

Since I have been interested in crypto since 2020.I give back to the internet what I learned from the internet


The Darkside Of Crypto
The Darkside Of Crypto

The primary objective behind the establishment of this blog is to disseminate knowledge pertaining to the negative aspects of cryptocurrencies and their realm. Undoubtedly, this community hosts a multitude of events. As a result, the purpose of this publication is to educate individuals regarding cryptocurrencies. Additionally, it is worth noting that this publication does not hold any negative views towards cryptocurrencies, and its proprietors are crypto enthusiasts themselves.

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