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Ripple Files Opposition to SEC’s $2 Billion Penalty Request


Ripple opposes the SEC's demand for $2 billion in penalties, proposing a much lower sum of $10 million instead, calling the request an “ongoing intimidation against all of crypto.” The post Ripple Files Opposition to SEC’s $2 Billion Penalty Request appeared first on Cryptonews

Tether’s worth stands at $60 million on TON blockchain


TON blockchain started hosting Tether effective April 19, 2024. The volume issued was worth approximately $35 million. Almost 2 days later, the issuance has touched the massive milestone of $60 million on the said blockchain with expectations that it would soon inch closer to the giants like...

Only1 Secures $5 Million for Solana-Based OnlyFans Clone


Only1 has raised $5 million in investment funds to build a Web3 “OnlyFans clone” adult content platform on Solana, led by Newman Group. The post Only1 Secures $5 Million for Solana-Based OnlyFans Clone appeared first on Cryptonews

Tether Integrates USDT on TON Network, Targets 900 Million Telegram Users


Tether, the stablecoin company, has launched native USDT, the largest dollar-pegged stablecoin, on The Open Network (TON). With this addition, over 900 million Telegram users can seamlessly transfer digital dollars, without having to type crypto addresses. 11 million TON will be distributed among...

93 Blocks, $71 Million in Fees: Bitcoin Mining Revenue Booms Post-Halving


Since the halving, miners have successfully extracted 93 blocks, accumulating a significant 1,087.99 bitcoins valued at approximately $71.04 million solely from transaction fees. As of 2:00 p.m. EDT on Saturday, the current metrics indicate a high-priority transaction cost of 492 satoshis...

Hedgey Finance Suffers Dual Exploits, Losing $44.7 Million in Funds


Hedgey Finance exploits have rocked the DeFi platform, resulting in a $44.7 million loss. Hackers targeted the Token Claim Contract across Ethereum and Arbitrum networks, utilizing flash loans to drain funds. Explore the aftermath, ongoing investigations, and the platform's response to these...

Mango Markets Hacker Found Guilty, Faces 20 Years in Prison: Reuters


Avraham Eisenberg, the notorious Mango Markets hacker, has been found guilty of commodities fraud, manipulation, and wire fraud in a Manhattan federal court. Eisenberg orchestrated a complex scheme to exploit the Solana-based DeFi platform, resulting in the theft of approximately $110 million.  The...

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