PeckShield reported that an address linked to the Polter Finance exploiter transferred 120 ETH to Tornado Cash, a privacy tool commonly used to obscure blockchain transactions. Polter Finance, a decentralized non-custodial lending and borrowing platform, recently suffered a devastating hack, resulting in approximately $8.7 million in crypto losses. The incident
Bitcoin bulls appear to have docked at $91K in the past day before moving forward. Other cryptocurrencies have also shown minimal growth over the last 24 hours. Subsequently, the crypto spotlight was taken by the regulatory landscape with new speculation on the next SEC chair. Notably, on that front, pro-crypto
BIT Mining Ltd., formerly known as 500.com, has agreed to pay a $10 million penalty to resolve allegations of violating the Foreign Corrupt Practices Act (FCPA). The charges stem from a bribery scheme aimed at influencing Japanese government officials to secure a casino license between 2017 and 2019. Former CEO
The year 2024 is concluding, and BlockDAG, Solana, and Tron are making significant impacts in the cryptocurrency market. Solana is drawing interest with the anticipation of a pioneering ETF approval, while Tron has reported an exceptional $577 million in quarterly earnings, further bolstering its DeFi ecosystem through a new partnership
The closing months of 2024 are buzzing with notable developments from prominent crypto entities like BlockDAG, Ripple, and Toncoin. Ripple has unveiled its new stablecoin, RLUSD, challenging established players like Tether and USD Coin, while Toncoin is rapidly gaining new users, nearly 500,000 daily, potentially exceeding Ethereum’s community. Amid these
With the crypto market on the cusp of a potential upswing, some altcoins are positioned to make significant strides before 2025. Innovative projects are capturing attention with unique offerings, sparking interest among investors looking for the next big opportunity. The excitement is building around digital assets that could soar to
Cardano founder Charles Hoskinson has revealed significant progress in his efforts to establish comprehensive cryptocurrency regulations in the United States. During a November 17 surprise AMA session, Hoskinson detailed recent meetings with government officials and industry leaders aimed at creating a workable regulatory framework. Cardano Key Industry Collaborations Emerge The
Investors are eagerly searching for digital assets that could deliver substantial returns in a matter of weeks. The cryptocurrency market is known for its rapid shifts, and certain altcoins are showing signs of significant upside potential. Spotting these promising tokens early is key for those aiming to enhance their portfolios
An 8-K filing with the Securities and Exchange Commission (SEC) on Monday revealed that business intelligence company MicroStrategy, a corporate bitcoin holder, purchased an extra 51,780 bitcoins for almost $4.6 billion, with an average price of $88,627 per bitcoin, between November 11 and November 17. It follows the selling of
As the crypto world watches established coins for potential gains, a lesser-known token is turning heads with astonishing growth predictions. Expectations for some assets point to tripling in value, but projections for CYBRO hint at an explosive rise by December. This surprising forecast could significantly impact investment choices in the
