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Krisztian Sandor

Krisztian Sandor recently graduated from NYU's business and economic reporter program as a Fulbright fellow and worked with Reuters and Forbes previously. Originally from Budapest, Hungary, he is now based in New York. He holds BTC and ETH.

Recent

Markets

Defi

DeFi Protocol Convergence Hacked, CVG Token Plunges 99% on Curve

The exploiter created 58 million of the protocol's CVG token and then swapped for roughly $200,000 worth of wrapped ETH and crvFRAX and forwarded to Tornado Cash.

By Krisztian Sandor

Aug 1, 2024 at 6:55 p.m. UTC

Aug 1, 2024

DeFiExploitCurveTornado Cash

Markets

Market wrap

Bitcoin Tumbles Below $65K Post-FOMC as Middle East Tensions Flare

The price action happened as Iran's leadership reportedly ordered retaliatory attacks against Israel, increasing concerns about a broader conflict in the Middle East.

By Krisztian Sandor

Jul 31, 2024 at 9:24 p.m. UTC

Jul 31, 2024

Market WrapBitcoinFOMCIsraelIran

Finance

Tether

Tether Nets $5B Profits This Year, Says Its U.S. Debt Holdings Surpassed Germany's

The company said its $97 billion exposure to U.S. Treasuries would put it 18th in the ranking among countries.

By Krisztian Sandor

Jul 31, 2024 at 6:26 p.m. UTC

Jul 31, 2024

TetherPaolo ArdoinoUSDTStablecoin

Markets

Mt. gox

Bitcoin Price Shrugs Off Latest $2B Mt. Gox Transfer as Distribution Nears Its End

Bitcoin holdings of Mt. Gox wallets are down to $3 billion from $9 billion a month ago, Arkham data shows.

By Krisztian Sandor

Jul 31, 2024 at 4:09 p.m. UTC

Jul 31, 2024

Mt. GoxBitcoinArkham intelligenceBitGoGlassnode

Finance

Avalanche

California DMV Puts 42M Car Titles on the Avalanche Network in Digitization Push

Developed by Oxhead Alpha, the system will let users transfer vehicle titles in minutes and without going to an office versus the two week time frame in the traditional system...

By Krisztian Sandor

Jul 30, 2024 at 8:37 p.m. UTC

Jul 30, 2024

AvalancheAva LabsCaliforniaBlockchainTokenization

Markets

Ether etfs

Ether ETFs Saw $340M of Negative Outflows in Their First Week

More than $1.5 billion of exits from Grayscale's high-fee Ethereum Trust more than offset inflows into the other spot products.

By Krisztian Sandor

Jul 29, 2024 at 8:02 p.m. UTC

Jul 29, 2024

Ether ETFsEtherGrayscaleQuinn thompson

Markets

Bitcoin Tumbles Below $67K as U.S. Government Moves $2B of 'Silk Road' Tokens

The government is the owner of about $12 billion worth of seized bitcoin, according to Arkham Intelligence.

By Krisztian Sandor

Jul 29, 2024 at 5:11 p.m. UTC

Jul 29, 2024

Markets

Market wrap

BTC Outperforms Broader Crypto Market, Ether Price Drop Mirrors Bitcoin ETF Launch

AAVE is surging following a token buyback proposal.

By Sam Reynolds Shaurya Malwa Krisztian Sandor

Jul 26, 2024 at 9:11 a.m. UTC

Jul 26, 2024

Market WrapbtcETHBitcoin ETFether ETF

Markets

Bitcoin

VanEck Sees Bitcoin Hitting $2.9M by 2050 – but a Lot Has to Happen First

Bitcoin is benefiting from massive economic imbalances, rising distrust in institutions, fiscal recklessness and mounting debt burden, VanEck's Matthew Sigel said in an interv...

By Krisztian Sandor

Jul 25, 2024 at 7:55 p.m. UTC

Jul 25, 2024

BitcoinVanEckMatthew SigelReserve Currency