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Mt. Gox Creditors to Receive Repayments Soon, Trustee Plans Distribution of BTC, BCH, and Yen
22.11.2023
Source: AdobeStock / 24K-Production Nobuaki Kobayashi, the trustee overseeing the Mt. Gox Bitcoin exchange’s estate, has initiated communication with rehabilitation creditors, indicating the imminent start of repayments. This development follows the notorious 2014 hack that resulted in...
Shiba Inu Price Prediction as Technical Analysis Shows Downward Trend Since August 2022 – Is a Breakout Possible?
22.11.2023
The Shiba Inu price has dropped by 5% in the past 24 hours, with its fall to $0.00000794 coming as the cryptocurrency market as a whole suffers a 2% loss today. SHIB is now down by 6% in the past week, and while it remains up by 10% in the last 30 days, it has […]
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Fantom Foundation awards $1.7M bounty for preventing $170M drain
21.11.2023
In the aftermath of Fantom’s $550,000 hack in October, a security researcher found that the attacker could have stolen as much as $170 million
Taiwanese Crypto Trading Firm Suspends Operations Following $26 Million Hack
20.11.2023
Source: Pixabay / Pete Linforth Taipei-based trading platform, Kronos Research has suffered a cybersecurity breach, leading to a staggering $26 million loss in crypto assets. The hack was first reported by crypto on-chain sleuth ZachXBT, mapping out the fund outflow and confirming its magnitude....
Report: Jump Trading Cuts Ties With Wormhole Amid Staff Reductions
19.11.2023
Based on a recent report, Jump Trading Group, known for its focus on algorithmic and high-frequency trading techniques, has reportedly severed ties with the Wormhole crypto initiative, known for its cross-chain communication services. Last year saw Wormhole suffer a significant loss of 120,000...
What You Need to Know About Crypto Tax Loss Harvesting
17.11.2023
Today in Crypto: 46.5% of Web3 Fund Loss is Result of Traditional Web2 Security Issues, Investment in Blockchain Gaming Hits $1.5 Billion in 2023
15.11.2023
Source: AdobeStock / AhmadSoleh Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Security news While developers and researchers generally focus on designing and coding the smart contract protocol...
XRP Price Prediction as Delaware refers Fake BlackRock XRP Trust Filing to Department of Justice – Will XRP Crash Soon?
15.11.2023
The XRP price has dipped by 1.5% in the past 24 hours, although the altcoin has regained 1% in the past hour, as it looks to recover from the market impact of the recent fake XRP trust filing. At $0.638708, XRP has also fallen by 8% in the past week, a loss which reduces its […]
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Bitcoin Miner Hut 8 Q3 Net Loss More Than Doubles as Production Slumps
14.11.2023
The firm said it mined fewer coins due to a higher network difficulty, operational issues and the suspension of some operations
Ethereum Price Prediction as Bulls Hold $2,000 Level – Where is ETH Heading Next?
14.11.2023
The Ethereum price has dipped by nearly 0.5% in the past 24 hours, with the altcoin holding to the $2,051 level as the cryptocurrency market as a whole falls by 1% today. Despite this loss, ETH remains up by 8.5% in a week and by 31% in the last 30 months, as ETF-related enthusiasm carries...
XRP Futures Traders Nurse $7M Loss as BlackRock ETF Rumor Causes Wild Price Swings
14.11.2023
Prices jumped to 73 cents from 65 cents in a 25-minute period following a viral tweet that suggested financial behemoth BlackRock had filed for an XRP ETF in the U.S
Binance Client Executives Kidnapped, Forced to Empty Crypto Wallets — CZ Says Total Loss Was $12.5 Million
13.11.2023
Binance CEO Changpeng Zhao (CZ) has shared a story of how executives of a Binance client were abducted and forced to empty their crypto wallets. CZ detailed how the cryptocurrency exchange was able to track the transactions and freeze over 94% of the stolen funds. CZ Shares Story of How Binance...
DeFi Platform Raft Hacked for $3.3 Million, Attacker Burns Most of Stolen ETH – Here’s What Happened
11.11.2023
Source: Pixabay Decentralized finance (DeFi) platform Raft has suffered a hack resulting in the loss of approximately $3.3 million in Ethereum ( ETH). However, the attacker’s attempt to profit from the heist may have backfired, as they incurred a loss themselves. On-chain data reveals that...
Raft Suffers $3.3M Exploit That Drove Down Stablecoin 50%, but Hacker Likely Lost Money on Attack
10.11.2023
Raft's R stablecoin lost its dollar peg, dropping as much as 50% in the immediate aftermath of the exploit
XRP Price Prediction as XRP Becomes 6th Most-Traded Crypto in the World – Are Whales Accumulating?
7.11.2023
The XRP price has risen by 1% in the past hour, with the altcoin beginning to recover after suffering a 3% loss in the past 24 hours. At $0.683798, XRP is up by 18% in the past week and by 31% in the last 30 days, with momentum remaining very much on its side. The […]
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Today in Crypto: US Treasury Sanctions Crypto-Using Russian Money Launderer, Northern Data Expects Loss and May List Cloud Unit
6.11.2023
Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Crime news The US Department of Treasury sanctioned Ekaterina Zhdanova, an alleged Russian money launderer who reportedly helped...
ApeFest attendees report ‘extreme pain’ and vision problems after event
6.11.2023
Several attendees of Yuga Labs’ ApeFest event in Hong Kong reported eye pain and vision loss, claiming they were exposed to improper lighting
Coinbase Exceeds Analyst Expectations with Q3 Revenue of $674.1 Million
3.11.2023
Coinbase reported a narrower net loss of $2 million in the third quarter and a total transaction volume of $76 billion, despite a year-on-year increase in revenue, even in the face of lower trading volumes. According to a Nov. 2 earnings statement, the company’s total revenue increased...
Coinbase narrows loss while crypto trading volumes fall in Q3
3.11.2023
Despite seeing falling trading volumes, Coinbase said they were “pleased” with how the quarter played out
MicroStrategy posts Q3 loss after writing down BTC value
2.11.2023
MicroStrategy began amassing Bitcoin in large quantities as a hedge against inflation in 2020. Nonetheless, this strategy appears to have failed at present. MicroStrategy decreased the token’s value and incurred a loss during the third quarter of this year. MicroStrategy is a publicly traded...