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Hacker Drains Over $2 Million from Safe Wallet- What’s Going On?
4.12.2023
Source: Pixabay A malicious actor has stolen over $2 million from Safe Wallet users in the past week through address poisoning theft raising the total victim count to 21. Several blockchain security firms have tracked suspected activity from different transactions resulting in losses from Safe...
French Court Acquits Hackers Accused of Targeting Avalanche Stablecoin Project Platypus
4.12.2023
Image Source: Pixabay A French court has acquitted the individuals accused of orchestrating the $8.5 million hack on Platypus Finance, an automated market maker (AMM) protocol on the Avalanche blockchain. According to a report by Le Monde, the defendants, identified as Mohammed and Benamar M., were...
Chimpzee (CHMPZ) Crosses $2.4 Million, Investors Can’t Get Enough of This Eco-Friendly Token
4.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Chimpzee (CHMPZ) has attracted considerable attention from investors as it has been working with several prominent organizations to better the planet. Investors in the CHMPZ token will be doubly...
While Top Coins Stabilize, a Mystery Token Completes Its First Phase with Astonishing Success
4.12.2023
TLDR Bitcoin (BTC) improved despite Swan Bitcoin’s decision to terminate accounts using mixing services. Cosmos (ATOM) gained after Cosmos announced EDEN. A new meme coin joins the best new ICOs list after selling 25 million tokens in record time. Bitcoin (BTC) enthusiasts may have been receiving...
Lido Achieves 9 Million Ethereum Milestone as Rocket Pool Surpasses 1 Million in Defi’s Booming Staking Sector
3.12.2023
Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido’s dominant position in the market. Lido and Rocket...
Trust Wallet and Alchemy Pay Partner for Seamless Crypto Ramp Solutions
3.12.2023
PRESS RELEASE. Alchemy Pay, the leading fiat-crypto payment solution provider, has announced a new partnership with Trust Wallet, the leading self-custody and mutichain wallet with over 70 million users, enabling users to easily buy and sell crypto with multiple fiat payments within Trust Wallet...
Study: Less Than 5% of South Africa-Based Crypto Asset Providers Generate Revenues Exceeding $8 Million
3.12.2023
Only five percent of surveyed South African crypto-asset financial service providers (FSPs) are generating revenue between $8 million and $10 million. The Financial Sector Conduct Authority study found that many of the crypto asset FSPs “earn their revenue from trading fees.” Only...
Terra (LUNA) Re-enters Top 100 Crypto As InQubeta (QUBE) Smashes $5.6 Million Presale Mark
3.12.2023
Significant digital asset ranking shifts continually happen in the crypto market. According to CoinMarketCap, Terra (LUNA), an algorithmic stablecoin, has re-entered the top 100 cryptocurrencies by market capitalization after a recent spike in its price. This development coincides with...
Scorpion Casino Blazes Past $2 Million Milestone As Revenue-Sharing Pays $100,000
3.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The presale for Scorpion Casino has officially blazed past the $2 million milestone as investors rush to the revenue-sharing ecosystem. The platform has been profitable for over a year and...
L2 Crypto Project Blast Achieves $660M TVL Amid Mockery for Key Developer Recruitment
2.12.2023
Recent data reveals that Blast, the new layer two (L2) blockchain platform, has amassed a significant $660 million in value within its decentralized finance (defi) protocol. Concurrently, while accumulating a variety of crypto assets, the initiative has commenced a search for experienced senior...
FDUSD Nears $1 Billion Cap — A Rapid 253% Surge in Supply Since August
2.12.2023
Recent data indicates that the market capitalization of the newly introduced stablecoin, first digital usd (FDUSD), is approaching the $1 billion threshold. This growth, a 253% increase in supply, has been recorded since August 4, 2023. Currently, the circulation of FDUSD tokens stands at...
Vitalik Buterin’s Plans, Changpeng Zhao’s Hooks, Michael Saylor’s Shoppings and 20 Crypto Jokes
2.12.2023
This week in crypto: Vitalik Buterin said he plans to redesign Ethereum staking and praised the UTXO payment model, MicroStrategy CEO Michael Saylor bought an additional $593 million worth of BTC, Reddit renounced Moons’ contract completing the decentralization of the token, and Bitfinex’s...
Report: Bitcoin Miners’ Revenue Down by More Than 30% in the Last 6 Months
2.12.2023
In the past six months, Bitcoin miners’ revenue has dropped by more than 30%, with November revenues approximately $270 million lower than October revenues. The drop in Bitcoin miners’ revenue is attributed to Bitcoin price volatility, increased competition, and higher electricity...
Jack Dorsey Backed Bitcoin Mining Pool Ocean Acknowledges Filtering Ordinal Inscriptions
2.12.2023
Ocean, a Bitcoin mining pool that recently raised $6.2 million in a seed funding round led by former Twitter (now known as X) CEO Jack Dorsey, is currently filtering ordinal inscription transactions. Giacomo Zucco, a bitcoiner, confirmed that Ocean was using Knots as a node, a software developed...
Is Chainlink Going to Zero? LINK Price Struggles as New Mining Protocol Bitcoin Minetrix Secures $4.6 Million
1.12.2023
As Chainlink struggles to push up out of consolidation, LINK price is currently up +2.9%, but with market attention shifting to a new mining protocol – is Chainlink going to zero? This comes following a sensational breakout move by LINK price over the past two months, which has seen...
Shiba Inu Price Prediction as Whale Withdraws $2.4 Million in SHIB From Binance – Secret Accumulating?
1.12.2023
Source: Dall•E 3 The Shiba Inu price has risen by 1.5% in the past 24 hours, with its move to $0.00000834 also representing a 2% gain in a week. And while SHIB is down by 5% in a fortnight, it’s also up by 9% in the last 30 days, with data revealing yesterday that a […]
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Bitcoin Price Prediction: BTC Hits $38,000 Amid MicroStrategy Buy & SEC ETF Buzz
1.12.2023
Bitcoin, the trailblazing cryptocurrency, has recently witnessed a surge in its value, trading over $38,000 with a over 0.50% increase on Friday. This spike is partially fueled by MicroStrategy’s strategic move to bolster its Bitcoin reserves, involving a substantial $750 million stock...
Over $356M Lost to Hacks, Phishing Scams and Rug Pulls in Crypto in November: Beosin
1.12.2023
Source: Pixabay Beosin EagleEye’s latest report exposes a massive surge in blockchain security incidents during November 2023, leading to a staggering total loss of over $356 million. This marked an alarming 6.9-fold increase compared to the losses reported in October. Hacker Attacks Resulted...
Slumbering Bitcoin Cache Awakens After More Than a Decade, Transacting $3.77 Million
30.11.2023
In September and October 2023, a surge in activity was observed as numerous dormant bitcoin wallets from 2012 reawakened, transacting millions in bitcoin after lying inactive for more than ten years. Despite this flurry of activity, there were no further movements from these wallets for...
Immunefi’s November Crypto Losses Show $343M Lost to Frauds and Hacks, CeFi Platforms Account for 53% Losses
30.11.2023
Source: AdobeStock In November, the cryptocurrency industry experienced significant losses, with bug bounty platform Immunefi reporting that over $343 million was lost to platform hacks and fraudulent activities. This marks the highest monthly loss recorded in the emerging industry for 2023....