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Security teams are investigating the cause of the attack. Reports have surfaced of tokens being lost, transaction data being erased, and even entire crypto portfolios destroyed. Join us on social networks At least $35 million worth of crypto assets has beenstolenfrom Atomic Wallet users since June 2, according to an analysis from on-chain sleuth ZachXBT. The five largest losses account...
The ICO boom is remembered as an orgy of fraud and scammy behavior. But ICOs funded many crypto success stories - and might still have benefits, says David Z. Morris. This story is part of our series looking back at the biggest stories from the last decade. The ICO boom is our choice for 2018. Dan Larimer who led the...
Investors awaited a House vote on the debt limit deal, scheduled for Wednesday. President Joe Biden(Getty Images) Bitcoin (BTC) fell below $28,000 during U.S. trading hours on Tuesday but then steadied as investors monitored progress on a debt ceiling deal, whose passage remained likely but not assured. The largest cryptocurrency by market capitalization was recently trading at around $27,740, up...
ALSO: A Chinese governmental agency released a paper over the weekend that outlined suggestions for China's Web3 policy, but it didn't broach must new ground. Still, the paper represented progress for a country that is keen to write the next generation of technology standards (Pixabay) Good morning. Here’s what’s happening: Prices:Crypto and Asian stock markets opened strongly as the White...
The largest cryptocurrency is suddenly a talking point in the 2024 race, after Florida Governor Ron DeSantis declared he would “protect the ability to do things like Bitcoin” during the launch of his campaign on Twitter on Wednesday. Bitcoin has suddenly found itself at the center of campaign trash-talking and chest-thumping ahead of the 2024 U.S. presidential election. Biotech-entrepreneur-turned-Republican-candidate Vivek...
Sponsored Galobank: Bridging the Gap Between Fiat and Crypto In the world of cryptocurrency, innovation is key. As new blockchains emerge, they bring with them the promise of faster transactions and greater decentralization, but what about the practical aspects of using cryptocurrency in everyday life? How do we make it easy for people to move between crypto and FIAT currency?...
More BTC than ever has been held for at least a year, according to Glassnode, a potentially bullish sign. (Mufid Majnun/Unsplash) Investors are hanging onto their bitcoin (BTC) longer than ever – HODLing in industry parlance – according to data fromGlassnode. The proportion of BTC that’s been held for at least a year has climbed to a record 68%, Glassnode...
A illustrative example of a Tornado. (NOAA) The Tornado Cash token (TORN) is up 10% after a proposal submitted by awallet addresslinked to arecent attack onthe decentralized autonomous organization’s (DAO) governance state looks to reverse the malicious changes. “The attacker posted a new proposal to restore the state of governance," user Tornadosaurus-Hex wrote in theTornado Cash community forum, adding that...
Early morning gains for the crypto were quickly erased in Thursday afternoon trading. Bitcoin (BTC) tumbled back below $27,000, reversing its advance from a day ago as investors continued to weigh the ongoing debt ceiling talks in Washington, D.C. and the latest regulatory moves. The largest cryptocurrency by market capitalization was recently trading at around $26,700, down 2.1% over the...
Treasury Secretary Janet Yellen warned the U.S. could breach its debt limit by June 1, potentially setting off a recession in the event of default. U.S. Treasury Secretary Janet Yellen (Photo by Chip Somodevilla/Getty Images) Bitcoin (BTC) continued its slightly downward consolidation on Tuesday, slipping just below $27,000 as investors kept close attention on the debt ceiling negotiations in Washington....
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