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Optimism Plunges 9.29% Ahead of $30 Million Token Unlock -What’s Going On?
26.9.2023
Ethereum layer 2 network Optimism faces headwinds as its price slumps nearly 10% in the week ahead of the planned token unlock on Sept 30.
At press time, the price of OP exchanges hands at $1.26 falling by 9.29% over the past seven days. After a sharp fall slightly above 3% yesterday, the token...
Layer 2 Network Optimism Announces $26 Million Airdrop to 31,870 Wallets
26.9.2023
Layer 2 network Optimism announced the third airdrop of OP tokens to 31,870 qualified addresses aimed at bolstering community participation.
In an announcement on X (formerly Twitter), the company stated that the airdrop will see it allocate 19.4 million OP tokens approximately $26 million...
Crypto Exchange Gemini Unveils $24 Million Investment Plan to Expand Presence in India
26.9.2023
Crypto exchange Gemini has unveiled plans to significantly expand its presence in India by investing INR 200 crore (approximately $24 million USD) over the next two years.
The move comes as Gemini inaugurates its office within the Cyber Hub at Campus Cyber Greens in Gurgaon.
Currently, Gemini...
Meme coin sensation Wall Street Memes ($WSM) begins tier-1 OKX listing today after raising nearly $30 million, and experts predict major price surge
26.9.2023
Meme coin sensation Wall Street Memes recently announced its tier-1 exchange listing debut with OKX, one of the world’s top-ranked exchanges. The industry’s most sought-after meme coin will be listed for trading on OKX from September 26th at 10:00 UTC. Wall Street Memes ($WSM) completed...
Is It Too Late to Buy Banana? BANANA Price Gains 18% as World’s First “All-in-One” AI Ecosystem Closes in on $4 Million
26.9.2023
Banana Gun, a Telegram bot designed to assist users in purchasing tokens on the Ethereum Network, has seen its token experience a volatile day in the market--with an 18% gain at one point--only to settle at a modest 2.57% increase later in the day. This raises questions about its short-term...
Liquid Staking Platforms Zoom Past 12 Million ETH With an Addition of 370,000 Ether in 5 Days
25.9.2023
In just five days, liquid staking platforms saw a surge of 370,000 ether in their ethereum holdings, breaching the 12 million ETH mark—rising from 11.94 million to a notable 12.31 million. Interestingly, Binance’s liquid staking token, WBETH, was the powerhouse behind this growth...
Huobi's Hot Wallet Reportedly Drained of $7.9 Million – What Happened?
25.9.2023
Global cryptocurrency exchange Huobi was the victim of a cyberattack that resulted in the theft of 5,000 ETH worth approximately $7.9 million.
CyversAlerts, a reliable crypto security company, was the first to report the attack.
The blockchain firm stated that the attack was successful due to...
$200M Mixin Network hack draws controversy
25.9.2023
Xiaodong Feng, Mixin's founder, immediately outlined a compensation plan but would only reimburse up to 50% of users' assets for now
Decade-Old ‘Sleeping Bitcoins’ Awaken: $8 Million Moved From 2012 Addresses
25.9.2023
In 2023, there’s been a marked uptick in activity from so-called ‘sleeping bitcoins’ that date back to 2012. After eight transactions totaling 520 BTC from 2012 spent four days ago, an address from 2012 moved 149.99 BTC at block height 809,204 on Sunday afternoon. The wallet...
Mixin Network suffers a $200 million hack attack
25.9.2023
Mixin Network has suffered a hack attack, draining funds worth $200 million. The community has received confirmation of the news from Mixin Network on X, formerly Twitter, informing them that the decentralized wallet service has temporarily suspended deposit and withdrawal services. They...
Arbitrum Transfers $59 Million Worth of Unclaimed Tokens to Treasury
25.9.2023
The Arbitrum Foundation has announced a transfer of 69 million unclaimed ARB tokens to the treasury six months after its airdrop in March.
The tokens worth $59 million make up 0.69% of Arbitrum’s 10 billion total supply and according to reports, 7% of total airdrops remained unclaimed.
In March...
Mixin Network Founder Addresses $200 Million Hack, Says Only Half of User Assets are Safe
25.9.2023
Mixin Network's founder Feng Xiaodong addressed the $200 million hack in a livestream saying that they could initially ensure the security of only half of its users' assets.
Mixin Network revealed a massive hack earlier today on the database of its cloud service provider, compromising users’...
Breaking: Mixin Network's Cloud Service Provider Hacked, $200 Million in Funds Affected
25.9.2023
Mixin Network has revealed that the database of its cloud service provider was attacked on September 23, resulting in the loss of a substantial sum of assets on the mainnet.
As per the official announcement, the amount of funds affected in the hack was $200 million.
The incident prompted Mixin...
NFT Sales Doldrums: 30-Day Plunge Sees 34% Decline Amidst Chilling Digital Collectible Sector
24.9.2023
Fresh data indicates a continuing decline in non-fungible token sales, dipping 3.2% in the last week and plummeting 34% over the past month. As September nears its end with six days remaining, NFT sales have tallied up to $341.37 million since August 24. NFT Sales Still Can’t Escape Crypto Winter’s...
A Lehman Opportunity — Distressed-Debt Titans Eye Huge Returns in FTX Claims Market
23.9.2023
Prominent distressed-debt moguls are diving into the FTX bankruptcy claims arena, seizing debts at bargain prices with aspirations of lofty profits. This year, Silver Point Capital, Diameter Capital Partners, and Attestor Capital have acquired over $250 million in FTX claims, court records reveal....
Arkham Identifies Coinbase’s $25B in BTC; Rivals Nakamoto’s Legacy Coins
23.9.2023
On September 22, 2023, Arkham Intelligence unveiled that it has identified addresses tied to a staggering $25 billion from Coinbase’s bitcoin (BTC) holdings. This cache represents the most substantial BTC reserve on Arkham. The firm points out that this trove is nearly on par with Satoshi...
FTX Files Lawsuit Against Former Salameda Employees to Recover $157 Million
23.9.2023
According to the recent court filing, FTX, the bankrupt crypto exchange, has filed a lawsuit against former employees of Salameda, a Hong Kong-incorporated entity affiliated with FTX, to recover about $157.3 million.
The Hong Kong firm was said to be controlled by the former CEO and founder of...
Hungarian Authorities Seize Crypto Worth $1M in Tax Fraud Case
23.9.2023
Hungarian authorities have seized cryptocurrency worth over $1 million from a criminal organization in a value-added tax (VAT) fraud case. The authorities raided 28 locations, arrested three suspects, and seized various assets tied to the group. The seized cryptocurrencies were transferred to...
Peak Mining Signs $150M Deal for Microbt Bitcoin Miners, Eyes Large-Scale Liquid-Cooling Tech
22.9.2023
According to Peak Mining, a subsidiary of Northern Data Group, the company has signed a contract with bitcoin mining rig manufacturer Microbt worth $150 million. This agreement will equip Peak Mining with 7 exahash per second (EH/s) of the latest next-generation BTC mining devices. Microbt...
Post.Tech, Friend.Tech's Rival, Sees Surge with $1.8 Million Daily Trading Volume
22.9.2023
In the world of social media, competition is fierce, and when it comes to token-gated channels, pioneer Friend.Tech dominated until rival Post.Tech recently experienced a surge in daily trading volume, The Block reported on Thursday.
Post.Tech operates much like its predecessor, Friend.Tech...