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‘Pig Butchering’ Crypto Scheme Uncovered: Debiex Charged by CFTC for Defrauding Investors
20.1.2024
The Commodity Futures Trading Commission (CFTC) has charged digital asset platform Debiex for engaging in a deceptive scheme known as “pig butchering,” which resulted in the loss of $2.3 million from investors. On Firday, the CFTC filed a complaint against Debiex and Zhāng Chéng Yáng...
Litecoin Price Prediction as Bulls Protect Key Support at $68 – Is a Rally Brewing?
19.1.2024
The Litecoin price has scarcely changed in the past 24 hours, with its move to $69.08 representing a slight 0.2% loss in 24 hours and an 8% fall in a week. LTC has also gained by 4.5% in a fortnight, yet it remains down by 3% in a month and by 17% in a year, […]
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Bonk Price Prediction as BONK Makes a 30% Comeback – Can It Lead the Meme Coin Rally?
18.1.2024
BONK has dropped to $0.00001269 today, with the Bonk price suffering a 9% loss as the crypto market falls by 1% in the past 24 hours. Despite its fall, BONK has actually recovered by 30% since succumbing to a one-month low of $0.00000973 on January 8, with the coin still up by a very impressive...
Solana Price Prediction as Franklin Templeton with $1.5 Trillion AUM Indicates Interest in Solana – $1,000 SOL Incoming?
18.1.2024
The Solana price has dropped by 3% today, slipping to $98.76 as the cryptocurrency market as a whole suffers a 1% loss. But while SOL is also down by 5% in a week, it remains up by a very healthy 32% in the last 30 days, not to mention its 340% gain in the past […]
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Socket Protocol Loses $3.3M in Exploit, Users Urged to Revoke Approvals
18.1.2024
Following a serious exploit in the Socket protocol that drained $3.3 million, the company has halted specific operations and urged users to revoke all approvals as a precautionary measure. Socket Responds to $3.3 Million Security Breach With Swift Action and Transparency Socket, a cross-chain...
Solana Price Prediction as SOL Overtakes XRP – Is $10,000 SOL Possible?
15.1.2024
The Solana price has dipped by 2% in the past 24 hours, dropping to $95.31 on a day when the crypto market as a whole has fallen by 1%. Despite this loss, SOL remains up by 5.5% in a week and by 29% in the last 30 days, with its gains over these periods enabling […]
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Greenpeace Blasts Bitcoin EFT Approval, States It Is ‘a Loss for the Climate and Society’
15.1.2024
Greenpeace, an environmental defense organization, has criticized the recent approval of several spot bitcoin exchange-traded fund (ETF) products, stating that it constituted a “watershed moment” in the embrace of the financial services industry on Bitcoin-produced pollution....
Across-the-Board Crypto Stock Declines Erode Earlier Profit Streaks
13.1.2024
Although spot Bitcoin exchange-traded funds saw substantial trading activity on Thursday and Friday, publicly-listed crypto companies faced a different fate, with several equities experiencing significant losses when the market closed on Friday. For instance, Marathon Digital Holdings’ shares...
Bonk Price Prediction as BONK Skyrockets, Outperforming Dogecoin – Is BONK the New DOGE?
12.1.2024
The Bonk price has dropped to $0.00001525 today, marking a 3% loss as the market also suffers a corrective dip in the past 24 hours. However, this dip has done little to reverse the very impressive gains BONK has made in recent days, with the meme coin actually up by 37.5% in the past week....
Is Near Protocol Going to Zero? NEAR Price Drops 13% as Novel Mining Protocol Secures $7.8 Million
8.1.2024
NEAR Protocol has undertaken a sudden -13% NEAR price drop, and with panicked holders asking ‘is Near Protocol Going to zero?’ could this novel mining protocol be a better play following a whopping $7.8m raise? Find out in NEAR Price Analysis. The significant drop appears to have been...
Shiba Inu Price Prediction as $100 Million Trading Volume Comes In – Meme Coins Making a Comeback?
8.1.2024
The Shiba Inu price has dipped by 4.5% this morning, with its fall to $0.000009051 coming as the wider crypto market loses 1% in the past 24 hours. This loss means that SHIB has fallen by 12.5% in a week and by 15% in the past fortnight, with the coin having risen by only 7% […]
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Radiant Capital Resumes Arbitrum Markets Operations After Security Breach
5.1.2024
Source: DALL·E Radiant Capital has announced the reopening of its lending and borrowing markets on Arbitrum after an extensive security review. According to Radiant Capital’s recent post, this resumption came after a detailed review and resolution of the security breach that resulted in...
dYdX Reveals Post-Mortem Findings: Identifies Attacker and Considers Legal Measures
4.1.2024
Image Source: Unsplash Decentralized exchange dYdX has released a post-mortem report detailing the “targeted attack” it experienced on its v3 platform in November. The attack resulted in a $9 million loss from its insurance fund, which represented approximately 40% of its total...
Radiant Capital Reports Exploit of $4.5 Million Ethereum Loss
3.1.2024
Source: Radiant Capital (Edited by Hongji Feng) Radiant Capital has confirmed a security breach in its network, leading to the theft of Ethereum valued at approximately $4.5 million. According to the blockchain security company PeckShield Inc., the hacker drained 1,900 Ethereum tokens within...
Catalyx Exchange Halts Operations Post Security Breach, Probing Potential Insider Involvement
29.12.2023
Source: Jason Hafso / Pexels Canadian cryptocurrency exchange Catalyx has temporarily suspended trading and withdrawals on its platform after discovering a security breach that it suspects may involve one of its employees. The exchange said it believes that this breach has resulted in the loss of...
Perpetuals Trading Protocol Levana Suffers Oracle Attack, Loses $1.14 Million
28.12.2023
Source: Pixabay Perpetuals trading protocol Levana has fallen victim to an oracle attack, resulting in a loss of $1.14 million. According to a report from the Levana team, the exploitation happened between December 13th and December 26th, with the assailants siphoning off 10% of Levana’s liquidity...
Record Losses in Web3 May Be Coming as Crypto Prices Rise – Immunefi
28.12.2023
Source: AdobeStock / Andy Dean Major bug bounty and security services platform Immunefi published a report detailing the loss of funds due to hacks and fraud in the Web3 ecosystem this year – and what might await in the next. The team looked into the volume of crypto funds the community lost...
Is Bonk Going to Zero? BONK Price Instantly Drops 20% as Attention Moves to New Meme Coin (mk)
27.12.2023
BONK token has continued its calamitous fall-from-grace, as BONK price drops -20% in a dramatic loss of 20DMA support, but with attention shifting to Meme Kombat – is BONK going to zero? This comes after BONK token surged a brilliant +26,675% over the course of November, in a breakout meme...
Telcoin Loses $1.3 Million in Security Breach, TEL Price Plummets Over 50%
26.12.2023
Source: Adobe / zedtox The Telcoin app recently faced a series of targeted attacks draining several wallets, causing a sharp 65% decline in the price of Telcoin ($TEL) for a brief period. The exploited vulnerability is estimated to have resulted in a loss of around $1.3 million. The identified...
Bitcoin Climbs Near $44K as U.S. Stocks Nurse Biggest Three-Month Loss
21.12.2023
Overall crypto market capitalization crossed the $1.7 trillion mark on Wednesday for the first time since May 2022