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South Korean Web3 Music Service Somesing Loses $11.58 Million in Token Exploit
29.1.2024
Somesing, a popular blockchain-based social karaoke platform in South Korea, has fallen victim to an exploit resulting in the loss of approximately $11.58 million. In a recent Medium post, the platform revealed that 730 million of its native token SSX had been compromised. The attack targeted...
Dogecoin Price Prediction as Founder Comments on Bitcoin Volatility – What’s Next for DOGE?
25.1.2024
The Dogecoin price has slumped by 3% today, falling to $0.07756 as the wider crypto market experiences a very slight 0.2% loss in the past 24 hours. Today’s loss means that DOGE has now dropped by 9% in a fortnight and by 16% in a month, with the popular meme coin also losing 7.5%...
North Korea Hackers’ Illicit Gains Dwindled in 2023 Despite More Attacks – Chainalysis
24.1.2024
Source: AdobeStock Blockchain analytics and security firm Chainalysis has reported a decrease in cryptocurrency theft in 2023. Sharing its insights in a blog post, the firm disclosed that the crypto market witnessed a collective loss of $1.7 billion. This marks a significant 54.3% reduction from...
Dogecoin Price Prediction as $800 Million Sends DOGE into the Red – Buy the Dip?
23.1.2024
The Dogecoin price has dropped by 6.5% in the past 24 hours, sliding to $0.07726 as the wider crypto market continues to suffer from profit-taking and loss-cutting in the wake of this month’s Bitcoin ETF approvals. DOGE is now down by 18% in the past month, and with the meme token also having...
Animoca-Backed Gaming Blockchain Reveals $15M Token Exploit
23.1.2024
Blockchain gaming project GAMEE fell victim to a token hack on Monday, losing 600m GMEE tokens valued at about $15.3m. The team revealed in an X post on Tuesday that “unauthorized access” to the GMEE token contracts on the Polygon network resulted in the loss of funds. “The exploit...
Bitcoin and Ethereum Price Prediction as BTC Drops Lower and ETH Takes a Hit – Time to Buy the Dip
23.1.2024
In the dynamic world of cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) are facing pivotal moments. Bitcoin, the most prominent cryptocurrency, has witnessed a continual downward trajectory, plunging to the $41,000 threshold on Monday. The entire global crypto market cap reflects this downturn...
‘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...