It’s All About Crypto Blog
Bitcoin Traffic Hits a Two-Year High, But Fees Are Still Low
CoinDesk reported today that the Bitcoin network is seeing its highest level of activity in two years, with roughly 820,000 transactions processed in a single day. At first glance, that might worry anyone planning to make an on-chain Bitcoin transaction, for example, sending BTC to us to swap it for another cryptocurrency. When network activity is high, fees usually rise as well. Many...
When Stablecoins Stop Being Neutral: The Rising Risk of USDT Freezes
According to Azerbaijani information agency Fineco, in under six months of 2026, Tether froze more USDT on the Tron blockchain than in the previous two years, 2024 and 2025, combined. Tether tokens are widely used in countries with limited access to international payments and the global banking system. Yet using USDT for payments is becoming increasingly risky. The...
RWA Growth Looks Small Because It’s Measured Wrong
Today The Block reported that the total market capitalization of tokenized real-world assets (RWAs) has grown by 40% over the past year, while the broader crypto market lost about 20% of its value over the same period. Impressive at first glance. But not really, at least not to me. You may remember that earlier this year I wrote an...
Bitcoin Never Became Money. Will the Forks Change That?
This summer, Bitcoin has found itself in a strange position: two separate teams are trying to "save" it. And they are trying to save it from two completely opposite problems, using two completely opposite approaches. Some say Bitcoin has become too rigid and too afraid of new features, so a parallel chain should be created and given what the...
Almost 80% of Bitcoin Is Sitting Still
According to K33 Research, the share of Bitcoin held by long-term holders has reached an all-time high. Some traders read this as a sign that the accumulation phase is winding down. There is a well-known hypothesis in trading that price action ultimately reflects the needs of long-term holders: * they accumulate Bitcoin when the price falls, which is known as the accumulation phase...
aUSDT and the Risk Behind Stablecoins
Did you know that USDT is not the only dollar stablecoin issued by Tether? You may have heard of USAT, the stablecoin Tether launched for the US market, with verifiable reserves and audits based on US standards. But there is another one too: aUSDT, a stablecoin backed by tokenized gold, XAUT. Or rather, at this point, it is probably more accurate to say...
Why Did Everyone Ignore the Biggest USDC Transfer Ever?
Six days ago, Coinbase reported what is now the largest USDC transfer in history. I expected it to be one of those moments that changes how people think - the kind of event that makes everyone say: we really do not need the old, slow, lumbering banking system for transfers anymore. But no. Somehow, it feels like everyone forgot about it almost immediately...
The P2Pool Bug That Targeted New XMR
Most crypto exploits target coins that already belong to someone. A recently patched vulnerability in P2Pool, the popular Monero mining pool was different. It did not touch anyone's existing wallet. Instead, it targeted freshly mined coins: the block rewards being distributed at the very moment of creation. Here's how it worked. If an attacker could run...
Blockchains Are Becoming Single-App Networks
The Block today compared the decline in PumpFun activity with the broader slowdown across the Solana network, and the correlation turned out to be striking. * PumpFun revenue in June is averaging around $800,000 per day, down from $4.8 million six months ago. * Solana network fees in June are running at just 5,300 SOL per day, compared to 33,000 SOL...
Bitbank's Prediction Market Warning
Japanese crypto exchange Bitbank announced on its blog that customer accounts may be frozen if deposits or withdrawals linked to prediction markets are confirmed. My initial reaction was that this was actually pretty customer-friendly. Most crypto exchanges write their terms of service so that accounts can be blocked on mere suspicion of anything the exchange considers inappropriate. Bitbank seemed...
