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Peckshield: Cryptocurrency Hackers Stole Over $360 Million in February


Cryptocurrency hackers stole over $360 million during February, almost doubling the amount stolen in January. According to Peckshield, a cryptocurrency and blockchain security firm, the largest hack event in February involved a security breach in Playdapp, a Web3 gaming platform, that lost $290...

Terraform Labs Pushes Back Against SEC Over Special Counsel Payment


Crypto firm Terraform Labs has filed a lawsuit against the US Securities and Exchange Commission. The suit addresses the recent objection from the regulator over a $166M retainer paid to special litigation counsel Dentons. The SEC’s argument lies in the fact that the crypto firm’s lavish spending...

Billionaire Mark Cuban Goes For Bitcoin Over Gold ‘All Day, Every Day’


“Shark Tank” billionaire investor Mark Cuban weighed in on Bitcoin’s recent rally, stating that he has invested in the cryptocurrency due to its strong capability as a store of value. The post Billionaire Mark Cuban Goes For Bitcoin Over Gold ‘All Day, Every Day’ appeared first on Cryptonews

Why Is Crypto Up Today?


The crypto market capitalization is up 4% over the past 24 hours. At the time of writing, it stands at $2.544 trillion, according to CoinGecko. Most of the top 100 coins by market capitalization have appreciated in the past day. At the same time, all top ten coins are green, according to CoinGecko....

Hong Kong’s SFC Issues Warning on BitForex Amid Crypto Scam Allegations


On March 4, ​​Hong Kong's financial watchdog, the Securities and Futures Commission (SFC), issued a public notice about the cryptocurrency exchange BitForex over alleged fraudulent dealings. BitForex, although based in Hong Kong, does not possess the license required by the country's regulatory...

Nigeria’s Financial Watchdog Summons Binance CEO Over Crime Concerns


New Binance CEO Richard Teng must appear before Nigeria’s House of Representatives Committee on Financial Crimes to answer questions about his company’s lax KYC and AML policies, which may have played a part in terrorism financing and money laundering. Committee Chairman Ginger Onwusibe...

DogWifHat Price Prediction as WIF Surpasses $1 Milestone – $10 Next Target?


Solana’s hottest meme coin at the minute, DogWifHat (WIF), added 400% over the weekend and crossed the $1 threshold to trade at $1.75 as of this writing, March 4, 2024. WIF’s roaring success was shared across the meme coin space this weekend, with projects like PEPE, BONK and SHIB also...

Utility demand burned over $1.12 million FLOKI tokens in a week


The ecosystem of Floki has recently demonstrated remarkable technological utility and demand, as evidenced by the burning of 7,369,216,304 $FLOKI tokens for approximately $1,120,120.88. A week-long token burning of this magnitude demonstrates that Floki is committed to developing a deflationary...

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