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Luca Bennett

Luca Bennett

Contributing Author

Luca Bennett publishes crypto insights and market analysis on CryptoDailyInk. Browse all 9 articles from this author archive.

9Articles

Articles by Luca Bennett

9 articles

IMF Now Says Donations Funded El Salvador's Bitcoin Growth: CryptoDailyInk

A year ago the fund claimed the total had not moved, and that the reserve was only shuffling coins between government wallets.

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Morning Minute: Robinhood Chain Levels Up as Memes and RWAs Soar: CryptoDailyInk

The chain just put up its strongest day since mid-July, with $443 million in DEX volume and more than 3 million transactions.

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Coldcard Vulnerability: $89 Million in Bitcoin Drained from 4,500 Wallets

Coldcard Vulnerability: $89 Million in Bitcoin Drained from 4,500 Wallets: CryptoDailyInk

A critical vulnerability in a March 2021 Coldcard firmware release has led to the systematic draining of nearly $89 million in Bitcoin from over 4,500 addresses. Attackers are exploiting weak key generation, with a third, more sophisticated wave now targeting smaller balances and employing advanced on-chain obfuscation

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MicroStrategy Bolsters Cash Reserves to $3.75 Billion, Repurchases Preferred Stock Amidst Bitcoin Rally

MicroStrategy Bolsters Cash Reserves to $3.75 Billion, Repurchases Preferred Stock Amidst Bitcoin Rally: CryptoDailyInk

MicroStrategy has significantly increased its cash reserves to $3.75 billion following a substantial stock sale, while also executing a $25 million repurchase of its high-yielding preferred stock, STRC.

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Hyperliquid's HIP-4 Unleashes Permissionless Prediction Markets, Reshaping DeFi Landscape

Hyperliquid's HIP-4 Unleashes Permissionless Prediction Markets, Reshaping DeFi Landscape: CryptoDailyInk

Hyperliquid has rolled out its HIP-4 upgrade, fundamentally transforming its platform by opening prediction markets to anyone. This move is set to democratize access to speculative markets, potentially attracting a new wave of traders and liquidity to the DeFi derivatives space.

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Japan Enacts Landmark Crypto Law, 20% Tax Rollout Hinges on Cabinet Timing

Japan Enacts Landmark Crypto Law, 20% Tax Rollout Hinges on Cabinet Timing: CryptoDailyInk

Japan's House of Councillors has passed Cabinet Bill 57, moving regulated crypto activities under the Financial Instruments and Exchange Act (FIEA), a significant step towards institutional clarity. While a 20% tax on qualifying crypto gains is now legislated, its effective date, potentially as late as 2028, depends on

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Swift Unlocks 24/7 Token Transfers for Global Banks, Yet Core Settlement Remains on Legacy Rails

Swift Unlocks 24/7 Token Transfers for Global Banks, Yet Core Settlement Remains on Legacy Rails: CryptoDailyInk

Swift has launched a pilot program enabling 17 major global banks to conduct 24/7 tokenized deposit transfers, a significant move towards modernizing interbank transactions. However, the ultimate settlement of these transfers still depends on traditional, slower financial infrastructure.

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Bitcoin's Loss-Making Supply Surpasses Profitable Holdings, Signaling Potential Capitulation

Bitcoin's Loss-Making Supply Surpasses Profitable Holdings, Signaling Potential Capitulation: CryptoDailyInk

For the first time this cycle, Glassnode data reveals that more Bitcoin is now held at a loss than at a profit, a historical indicator of market capitulation and a potential turning point for BTC holders.

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DeFi liquidity rotates back to blue-chip protocols as traders cut tail risk: CryptoDailyInk

Liquidity is concentrating in larger lending and exchange venues as risk management takes priority over speculative yield.

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