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Token Sale Ahead: Celsius to Convert Customer ‘Altcoins’ to BTC and ETH


Amid the regulatory crackdown in the United States, the bankrupt crypto lender Celsius has announced that all of its customers’ “altcoins” will be converted to bitcoin (BTC) and ethereum (ETH). Over $215 million worth of coins such as CEL, ADA, LINK, LTC, and others will...

50 Dormant Bitcoins Worth $1.25 Million Wake Up After 12-Year Slumber


A dormant Bitcoin address holding 50 Bitcoin, valued at approximately $1.25 million, suddenly sprang to life on June 15 after being inactive since June 21, 2010. This month has seen only one 2010 block reward transfer, with the previous two taking place on May 22, 2023. $1.25 Million in Bitcoin...

Crypto Broker FPG Suspends Services After $15 Million Cyberattack


Floating Point Group (FPG), a crypto prime brokerage, has suspended all withdrawals, deposits and trading on its platform after suffering from a $15 million cyberattack over the weekend. The firm said in a Twitter thread on Wednesday that although it had managed to limit the overall impact of...

Atomic Wallet Users Lose Over $100 Million In Crypto Breach


Digital asset tracking firm, Elliptic, has revealed that losses suffered by users of Atomic Wallet have escalated to more than $100 million. It appears that over 5,500 wallets linked to this crypto storage platform have been compromised. We have received reports of wallets being compromised....

NFT Market Sees 20% Drop in Weekly Sales After a Few Weeks of Gains


After several weeks of consecutive gains, sales of non-fungible tokens (NFTs) have slumped 20.44% this week compared to the previous week. According to seven-day statistics, NFT sales totaled $152.96 million last week, with $84 million in sales originating from the Ethereum blockchain. This...

Potential Venus Protocol Liquidation Raises Concerns in BNB Community


Crypto market observers are currently focusing on the Venus Protocol this week as the protocol grapples with a possible liquidation of binance coin (BNB). The hacker who exploited the BNB blockchain managed to secure $150 million in stablecoins through the use of Venus. If the price of BNB slips...

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