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XRP Price Prediction as On-Chain Data Suggests Ripple is Hacked for $100 Million – Is XRP Going to Crash?
31.1.2024
The XRP (XRP) price has rebounded back above $0.51 following downside earlier in the day on concerning reports that a key Ripple Labs executive had been hacked for XRP tokens worth over $100 million. Concerns about the security of XRP creator Ripple Labs XRP holdings, combined with concerns that...
Grayscale’s Bitcoin Trust Sees Reduction Slowdown as New ETFs Gain Ground With Over 160,000 BTC Acquired
31.1.2024
In the most recent update, Grayscale’s Bitcoin Trust (GBTC) experienced a decrease of 4,461.36 bitcoin, valued at approximately $190.53 million, over the past day. Since Jan. 12, 2024, GBTC has observed a cumulative reduction of about 124,967.54 bitcoin, equivalent to an estimated $5.33...
Ripple Co-founder Hacked of Over $112 Million Worth of XRP
31.1.2024
Ripple executive chairman and co-founder Chris Larsen has taken to social media to clarify reports of the payment protocol being hacked on Wednesday. Larsen’s Accounts Hacked “Yesterday, there was unauthorized access to a few of my personal XRP accounts (not @Ripple) – we were quickly able...
Web3 Lost $38.9 Million to Bad Actors in First Month of 2024: Quantstamp
31.1.2024
Bad actors have stolen $38.9 million from various Web3 projects in the first month of 2024. According to a recent report from Quantstamp, a decentralized finance (DeFi) security startup, bad actors used different attack vectors to steal funds, including smart contract hacks, key compromises,...
Ripple Exec Chris Larsen’s XRP Accounts Illicitly Accessed, Crypto Exchanges Freeze Assets
31.1.2024
On Wednesday, Chris Larsen, the co-founder and executive chairman of Ripple, publicly revealed that several of his personal xrp accounts had been illicitly accessed. Larsen explained that the team successfully persuaded crypto exchanges to promptly freeze the affected addresses. $112.5 Million...
Web3 Lost $127M to Hackers in January 2024 + More Crypto News
31.1.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Web3 Lost $127M to Hackers in January 2024; Up 5.9x YoY Messari Expands Market Intelligence Services to Europe Portal Raises $34 Million from Major...
Korean Crypto Exchanges Block Romance Scammers’ Access to Digital Assets Worth Over $82 Million
31.1.2024
South Korean cryptocurrency exchanges have successfully stopped romance scams and voice phishing criminals from siphoning digital assets worth over $82.6 million in the past year. The exchanges attribute their success in blocking criminals to abnormal transaction detection systems, which assist...
Peckshield Report Reveals Decline in Crypto Losses Despite Persistent Threats in 2023
31.1.2024
Peckshield’s latest report reveals a mix of challenges and advancements in the crypto world. Despite a notable decrease in overall losses to hacks and scams, decentralized finance protocols remain heavily targeted, accounting for a significant portion of the cyber thefts. Peckshield Report...
Claim Launchpad XYZ LPX Token January 31, V1 Platform Live in February For 14,000% ROI
31.1.2024
Tuesday, January 30 2024 –  Highly anticipated Web3 portal and trading platform Launchpad xyz, which raised $2.79 million in its presale, is turning on claiming of its $LPX token from 11am UTC on Wednesday, January 31st.Heightened volatility is returning to the market with a vengeance...
Bitcoin ETFs Net $255 Million Daily Inflows As Grayscale Sell-off Cools
30.1.2024
U.S. Bitcoin ETFs met a tsunami of inflows on Monday as Bitcoin (BTC)’s price came roaring back above $43,000. The asset absorbed $255 million of net flows across all ten publicly traded spot ETFs that launched on January 11. That even factors in the Grayscale Bitcoin Trust (GBTC) – the oldest...
Abracadabra Money in Crisis as $6.5 Million Crypto Theft Sends Shockwaves Across DeFi Community
30.1.2024
Source: iStock / Xijian Popular Ethereum-based decentralized finance (DeFi) lending protocol Abracadabra Money fell victim to a platform attack on January 30. Announcing the incident on its official X (formerly Twitter) handle, the DeFi protocol stated that it is aware of an exploit on its platform...
Coinbase to Impose Fees on USDC to USD Conversions Exceeding $75 Million
30.1.2024
On January 30 Crypto exchange Coinbase announced a new fee structure affecting large-scale conversions from USDC to USD. The changes, set to impact institutional clients handling significant transaction volumes, mark a shift in the exchange’s fee policy. In an announcement published on...
Dogecoin Price Prediction as Daily Trading Volume Surges Past $400 Million – $1 DOGE Possible?
30.1.2024
Dogecoin (DOGE) price predictions remain uninspiring, despite an uptick in trading volumes to above $400 million in the past 24 hours. The Dogecoin price was last changing hands just above $0.08, with the 21DMA at $0.0809 acting as a magnet. As per CoinGecko, 24-hour trading volumes for the world’s...
Portal Raises $34 Million to Develop Decentralized Bitcoin Cross-Chain Swaps
30.1.2024
Fintech provider Portal has raised $34 million in seed funding to develop its Bitcoin-based decentralized exchange (DEX) which will aid cross-chain swaps between multiple networks. In a Jan 30 announcement, the company disclosed an exit from stealth mode and an inflow of $34 million to build...
UAE Central Bank Completes First Cross-Border Digital Dirham Transfer Using mBridge CBDC Platform
30.1.2024
The Central Bank of the United Arab Emirates (UAE) achieved a significant milestone by conducting its inaugural cross-border digital dirham transfer using the mBridge central bank digital currency (CBDC) platform on January 29. The transaction involved the transfer of 50 million digital dirhams...
Solana Meme Coin ‘EMMY’ Blasts Up 500x in 24 Hours and This Other Token Just Hit $3.7 Million
30.1.2024
EMMY has posted a 500x surge over the past couple of days, with the new Solana meme coin rising as high as $0.00020 after listing on the Raydium decentralized exchange. This performance arguably put in the same league as other Solana-based meme tokens, such as BONK and WEN, which have garnered...
GBTC Holdings Dip Below 500K BTC as Rivals Ramp up Accumulation
30.1.2024
The latest data from Grayscale’s GBTC reveals that the trust’s bitcoin holdings have diminished to below 500,000, following a departure of 6,138.79 bitcoin from its reserves in the past day. Conversely, Blackrock’s IBIT has bolstered its bitcoin assets by 4,603.24 bitcoin...
Is Mantle Going to Crash? MNT Price Falls 5% as New Mining System Receives $9.8 Million in Funding
30.1.2024
Mantle has gained by a modest 0.4% today, with the MNT price rising to $0.6034 in the past 24 hours, as the wider market increases by 2.5%. MNT is now flat in the past week and down by 17% in the last 14 days, with the layer-two token also having fallen by 8% in a […]
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Monthly NFT Sales on Bitcoin Fall 62% + More NFT News
30.1.2024
There has been a lot of greenery on the non-fungible token (NFT) charts over the past 24 hours. The total sales volume is up 12.5% to $34,820,790, per CryptoSlam. Buyers, sellers, and transactions are all up 3%-8%. The top collection by sales volume today is LockDealNFT, with $2.7 million. It’s...
Defendant Pleads Guilty to Drug Related Charges, Forfeits $150 Million Worth of Cryptocurrency
30.1.2024
An Indian national has pleaded guilty to conspiracy and narcotics-linked charges issued by a United States District Court. The guilty plea resulted in a forfeiture of $150 million worth of cryptocurrency. In a recent press release, the United States Attorney General’s Office in the Southern...